After starting off strong in 2016, the casinos of Indiana have reported a slight drop in revenues from gaming when compared to the same time frame in 2015. The casinos of the area were able to earn $89.6 million during the month of March which is a 1.4% drop from the $90.9 million total from March of 2015.
Dan Nita is the Senior Vice President and General Manager of the Horseshoe Hammond who stated that after two months of consecutive growth, March was a bit softer. The performance of each casino in the state varied, with the Ameristar in East Chicago actually seeing an increase of 7% based on year on year totals, earning $21.6 million this year. The two casino of Majestic Star also saw an increase in earnings, taking in $14.9 million, a 1.6% increase.
The majority of the March decline comes from the Hammond Horseshoe casino which decreased by 7% from last year to $38.6 million. Barely seeing a decrease was the Blue Chip casino, earning $14.4 million and being down under 1%.
Nita stated that the Horseshoe saw such a large decrease in revenues due, in part, to ‘share shifting’ as connected to a special program to attracted visitors. Table game players were also more successful this year than last year during the month of March. Attendance at the casinos in Indiana were down considerably as well, going from 895,533 to 956,474.