Indiana casino revenue fell 3.5 percent through the first eight months of the year, a steep decline compared with 6-percent overall growth at U.S. casinos during the period.
The American Gaming Association said this week that U.S. casino revenue increased to $23.8 billion through August, led by a whopping 705-percent increase in Kansas, where a casino opened in February overlooking Kansas Speedway in Kansas City.
Revenue from the Indiana’s 13 casinos fell to $1.8 billion.
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Through August, tax money Indiana collected from the casinos also was down, by 5 percent, to $426.9 million, according to the state’s gaming commission.
All but four of 23 states with casinos reported higher year-to-date revenue, the American Gaming Association said. Delaware, Missouri and New Jersey also reported declines.
The data exclude results from casinos owned by American Indian tribes.
In the Indianapolis area, Hoosier Park's casino in Anderson reported $128.4 million in revenue through August and Indiana Grand Casino in Shelbyville reported $141.7 million.
http://www.ibj.com/competition-puts-dent-in-indiana-casino-revenue/PARAMS/article/37064
The American Gaming Association said this week that U.S. casino revenue increased to $23.8 billion through August, led by a whopping 705-percent increase in Kansas, where a casino opened in February overlooking Kansas Speedway in Kansas City.
Revenue from the Indiana’s 13 casinos fell to $1.8 billion.
...
Through August, tax money Indiana collected from the casinos also was down, by 5 percent, to $426.9 million, according to the state’s gaming commission.
All but four of 23 states with casinos reported higher year-to-date revenue, the American Gaming Association said. Delaware, Missouri and New Jersey also reported declines.
The data exclude results from casinos owned by American Indian tribes.
In the Indianapolis area, Hoosier Park's casino in Anderson reported $128.4 million in revenue through August and Indiana Grand Casino in Shelbyville reported $141.7 million.
http://www.ibj.com/competition-puts-dent-in-indiana-casino-revenue/PARAMS/article/37064
