Indiana casinos report growth

northwest indiana

The gambling facilities reported earnings of US$73.5 million in November.

The state gaming commission released last month’s revenue report for Northwest Indiana.

US.- According to the Indiana Gaming Commission, the five casinos located in Northwest Indiana experienced a 1 percent growth compared to the same period in 2015. The gambling facilities reported earnings of US$73.5 million in November.

The East Chicago casino, Ameristar, reported the highest increase in revenues with US$17.05 million, a 5 percent up from the US$16.24 million reported during the same month in 2015. Matthew Schuffert, Ameristar Casino Vice President and General Manager, said that the casino has been experiencing quality growth in table games for a few months. The Majestic Star I from Gary, showed a 3 percent increase in November, earning US$7.1 million.

On the other hand, the Horseshoe Hammong casino earned US$31 million, US$1.2 million less than what they reported in November 2015. The Majestic Star II was able to announce US$4.86 in earnings, a slight decrease from the US$4.94 million earned last year.

Earlier this month, the native from Indiana, tribe Pokagon Band of Potawatomi, obtained the land-into-trust application for a 160-acre plot in Indiana. The further gaming project would require the investment of US$400 million, which would feature over 3,000 slots across the 216,000 square foot gaming floor and an innovative 500-room hotel. The proposal, which will be added to 3,204 acres of land owned by the tribe, expects 4.2 million visitors per year. The native tribe also agreed on collaborating with local community by destining large amount of tax payments and by donating US$5 million to projects and initiatives.