Revenue increases in Northwest Indiana
The five casinos in the territory experienced a modest year-over-year revenue growth last month.
US.- The Indiana Gaming Commission released a report where it details the latest numbers in the state, which show that the five casinos in Northwest Indiana experienced a modest year-over-year revenue growth in November, specially driven by table games.
All the casinos totaled US$74.5 million during November’s operations, a 1.3 percent growth from the same month in 2016, where US$73.7 million were reported. Among the five gambling facilities, Horseshoe Hammond Casino experienced the biggest increase as it raked in US$33.5 million, up from the US$31.8 million totaled in 2016 during the same month.
Dan Nita, Horseshoe Hammond Casino senior vice president and general manager, said that the 5.2 percent growth shows an increase on both table and coin-in sides. “I think the messaging of our hundreds of new slot machines is just getting out into the market,” he said.
Moreover, Ameristar Casino in East Chicago totaled US$17.11 million in revenues, a small growth when compared to 2016’s operations. VP and General Manager Matthew Schuffert said: “We’re seeing a little bit of growth compared to last year and October. I’m pretty happy with November.”
Majestic Star I Casino in Gary showed a slight increase to US$7.13 million. whilst Blue Chip Casino in Michigan City and Majestic Star II in Gary both experienced a decrease. Nevertheless, November represents the fifth month in 2017 that showed year-over-year gains for casinos in the territory.