Indiana casino revenue drops slightly in September

Indiana reported $39.6m in taxes.
Indiana reported $39.6m in taxes.

The state’s 10 casinos and two racinos posted a cumulative win of $206.6m, a 1.3 per cent decline from August’s $209.3m.

US.- The Indiana Gaming Commission has released its monthly report showing casino revenue for September. The cumulative win of the two racinos and 10 casinos was $206.6m, a drop of 1.3 per cent from August’s $209.3m. Casinos reported free-play revenue of $12.1m. Free-play revenue for August was $12.6m.

Although the net win declined, Indiana reported $39.6m in taxes, which is an increase of 24.3 per cent compared to August’s $31.8m. When adding supplemental and sports wagering taxes, the state received nearly $47m last month, close to 25 per cent more than the $37.6m in August. 

The $3.2m in sports wagering taxes in September 2021 was more than double the $1.5m collected in August. Last month, Indiana’s retail and online sportsbooks generated a record-breaking $355.4m in wagers and $33.3m in revenue.

See also: Indiana sports betting sets record handle in September

In terms of adjusted gross revenue (AGR) in September, Horseshoe Hammond ranked first and Hard Rock Northern Indiana came second. Their combined AGR for September was $59m.

Slots generated $167.8m, 1.8 per cent lower than August. Harrah’s Hoosier Park and Indiana Grand, the two racinos in Indiana, ranked first and second for average revenue per slot. Indiana Grand’s average was $14,604 from a total of 1,541 slots, which resulted in a $22.5m profit. Harrah’s Hoosier Park’s average per slot was $15,651.

Nine out of 12 gaming facilities in Indiana had eight-figure numbers for slots and six of them exceeded $15m. The average revenue per slot statewide was $11,306, down 1.1 per cent from August’s $11,426.

For table games, the revenue from a total of 628 tables was just under $38.9m, up 1.2 per cent from August’s $38.4m.

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