Monthly Gaming Revenue Decreases
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowThe Indiana Gaming Commission says monthly casino revenue ticked down in October. The agency reports adjusted gross revenue was $177 million, compared to $184.5 million in the same period last year. East Chicago's Ameristar Casino, again reported the state's highest revenue increase. It took in $18.9 million last month, compared to $14.4 million last year.
Tropicana Evansville also edged up with an adjusted gross revenue of more than $9 million, an increase from $8.3 million in October 2013.
Indiana Grand Racing and Casino in Shelbyville, one of the state's two racinos, recorded monthly revenue of just over $19.9 million, up from $17.8 million last year at this time. Hoosier Park Racing and Casino in Anderson took in $15.9 million in October, down from from $17.1 million. Racinos have been approved by the state to take a 8.5 percent deduction each month.
The Blue Chip Hotel Casino Spa in Michigan was among the handful reporting monthly revenue gains, earning $13.1 million, compared to $12.2 million.
French Lick Casino ended October nearly unchanged from the same period in 2013, reporting adjusted gross revenue of around $5.9 million.
Hollywood Casino in Lawrenceburg once again recorded one of the highest percentages of decrease in Indiana. Last month, it took in more than $14.1 million, compared to $19.2 million in October 2013.
Horseshoe Southern Indiana Casino in Elizabeth decreased to $19.1 million in October, from $21.4 million last year.
Horseshoe Casino Hammond reported AGR of nearly $36.8 million last month, which is down from $40.9 million during the same period last year.
Rising Star in Rising Sun reported $3.7 million in adjusted gross revenue last month, which was down from $5 million in October 2013.
Belterra Casino in Florence was off slightly to $9.3 million from $10 million.
The Majestic Star and the Majestic Star II in Gary both cited decreases of approximately $1 million last month, compared to October 2013.
You can view the October 2014 report by clicking here.
You can view the October 2013 report by clicking here.
Source: The Indiana Gaming Commission