Indiana casino revenue drops in July
The Indiana Gaming Commission revealed casino revenue in July dropped US$2.7 million year-on-year in the Northwest, a 3.5% decline.
US.- July wasn’t the best performing month for the Indiana casino industry as its revenue dropped year-on-year. According to the Indiana Gaming Commission, statewide win was down 2.8%, but the Northwest region performed even worse.
The regulator showed Northwest Indiana casino revenue fell US$2.7 million, or 3.5%, versus July 2018.
According to official figures, East Chicago’s Ameristar Casino showed the worst drop, at 9%. Furthermore, Michigan City’s Blue Chip Casino win fell 2% and Hammond’s Horseshoe Casino 1%.
Majestic Star was the only venue to grow, with 5% more win after new ownership took over in March.
As stated by Noah Hirsch, vice president and assistant general manager at the Horseshoe, results were not a surprise. He explained that having one Sunday less than July 2018 affected the figures.
Sports betting
The sports betting industry continues to expand in the US, and Indiana is getting ready for it. As the segment could be legalised in a month, operators are preparing to launch once it finally arrives.
The Indiana Gaming Commission approved 13 locations in the state to run sports betting. Most casinos got their temporary licences, excepting for the Rising Star and the Gary riverboats. Furthermore, three off-track betting locations can run the segment.
