updated: 8/8/2014 3:05:55 PM

Indiana Gaming Revenue Dips

InsideINdianaBusiness.com Report

The Indiana Gaming Commission says monthly casino revenue decreased in July. The agency is reporting adjusted gross revenue of nearly $172 million, compared to more than $199 million during the same period a year earlier.

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Only two venues in the state recorded higher revenue last month than during the same period in 2013.

The Blue Chip Hotel Casino Spa in Michigan cited reported profit of $12.7 million, compared to $12.3 million.

Tropicana Evansville had adjusted gross revenue of $9.8 million, up from $9.3 million in July 2013.

The state's two racinos reported lower revenue. Hoosier Park Racing and Casino in Anderson took in more than $15.7 million last month, down from $18.2 million in June 2013. Indiana Grand Racing and Casino in Shelbyville recorded monthly revenue of $18.8 million, compared to $20.5 million. Racinos get a state-approved 8.5 percent deduction.

East Chicago's Ameristar Casino reported revenue of $15.5 million last month, an decrease from $17.8 million in July 2013.

Horseshoe Casino Hammond's adjusted gross revenue of nearly $33 million in July is down from more than $40.4 million during the same period last year. Horseshoe Southern Indiana's revenue ticked down to around $19.7 million, from $21.6 million.

Hollywood Casino in Lawrenceburg recorded on of the biggest drops. Last month, it took in $15.6 million in revenue last month, compared to $21.72 million in July 2013.

Rising Star in Rising Sun reported $4.3 million in adjusted gross revenue last month, which was down from $5.4 million one year ago. Belterra Casino in Florence was down to $9.1 million, compared to more than $12.5 million.

You can view the July 2014 report by clicking here.

You can view the July 2013 report by clicking here.

Source: The Indiana Gaming Commission

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