State Gaming Revenue Ticks Upward
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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 increased in May. The agency is reporting adjusted gross revenue of nearly $196 million, compared to around $183 million during the same period a year earlier. The state's two racinos recorded higher revenue figures. Hoosier Park Racing and Casino in Anderson took in $18.6 million last month, up from $13.6 million in May 2013. Indiana Grand Racing and Casino in Shelbyville recorded monthly revenue of $21.8 million, compared to $17.4 million. State regulations permit racinos to take an 8.5 percent deduction.
East Chicago's Ameristar Casino reported revenue of $20.2 million last month, an increase from $18.7 million in May 2013.
Horseshoe Casino Hammond's adjusted gross revenue of $38.5 million in May is down from more than $39.3 million during the same period in 2013. Horseshoe Southern Indiana's revenue decreased to around $23 million, from $21.7 million.
Hollywood Casino in Lawrenceburg took in over $16 million in revenue last month, compared to $21.1 million in May 2013.
Rising Star in Rising Sun reported $4.2 million in adjusted gross revenue last month, which was down from $4.8 million one year ago. Belterra Casino in Florence was down to $8.7 million, compared to $9.4 million. A new Cincinnati operation, Belterra Park Gaming & Entertainment Center, opened earlier this year after a $300 million initiative to add gaming and other entertainment to an existing horse track.
You can view the May 2014 report by clicking here.
You can view the May 2013 report by clicking here.
Source: The Indiana Gaming Commission