Casinos are now putting more terminals in operation in an attempt to make up for revenue losses.<\/p>\n\n\n\n\n\n\n\n
US.- A report shows that Arkansas’ three casinos lost a total of $1.4 billion in revenue due to the Covid-19 pandemic.<\/p>\n\n\n\n
The state has three casino properties: Oaklawn Racing Casino Resort, the Saracen Casino Resort and the Southland Casino Racing property. All sites were closed for nine weeks from March to mid-May due to the pandemic.<\/p>\n\n\n\n
From March and July, all three saw significant falls in gross gaming revenue. Oaklawn Racing Casino Resort’s revenue fell by $743 million and Southland Casino Racing property’s revenue dropped by $700 million.<\/p>\n\n\n\n
Saracen Casino Resort could not provide yearly comparisons since it opened in September last year, but from March to July took just $128 million in revenue, 42 per cent less than the $312 million it took in the first five months of operations. <\/p>\n\n\n\n
Revenues are already showing improvements as casinos take measures to boost profits, such as putting more terminals in operation.<\/p>\n\n\n\n
Scott Hardin, member of the Arkansas Finance and Administration Department, told KATV: “We really have been impressed with the steps that all of the casinos have been taking. Obviously, the revenue is not what it would normally be but that\u2019s to be expected. <\/p>\n\n\n\n
“I think within the next two to three months, we could see the normal levels of revenue we saw this time last year.”<\/p>\n","protected":false},"excerpt":{"rendered":"
Casinos are now putting more terminals in operation in an attempt to make up for revenue losses.<\/p>\n","protected":false},"author":168,"featured_media":77135,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"footnotes":""},"categories":[14,6],"tags":[],"_links":{"self":[{"href":"https:\/\/focusgn.com\/wp-json\/wp\/v2\/posts\/77102"}],"collection":[{"href":"https:\/\/focusgn.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/wp-json\/wp\/v2\/users\/168"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/wp-json\/wp\/v2\/comments?post=77102"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/wp-json\/wp\/v2\/posts\/77102\/revisions"}],"predecessor-version":[{"id":77136,"href":"https:\/\/focusgn.com\/wp-json\/wp\/v2\/posts\/77102\/revisions\/77136"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/wp-json\/wp\/v2\/media\/77135"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/wp-json\/wp\/v2\/media?parent=77102"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/wp-json\/wp\/v2\/categories?post=77102"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/wp-json\/wp\/v2\/tags?post=77102"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}