Indiana-Illinois Casino Markets Post Gains in March

Indiana-Illinois Casino Markets Post Gains in MarchCasinos located on either side of the Indiana-Illinois border enjoyed a solid March, with revenues rising by 3.14% and 1% respectively. For Illinois’ 10 floating casinos that equated to $130.67 million, while Northwest Indiana’s 5 casinos produced a monthly revenue tally of $90.66 million compared to the $90 million taken in the same month last year.
According to the latest results released by the Illinois Gaming Board, the Rivers Casino Des Plains led the state’s casino market in terms of revenues in March with business higher by 4.6% to $38.93 million; followed by Harrah’s Joliet down by 2.7% to $16.31 million; Grand Victoria Casino Elgin up 5.7% to $16.05 million; Hollywood Casino Aurora up a massive 18.5% to $12.38 million; and Harrah’s Metropolis, which noted a 3.5% year-on-year improvement to $7.27 million.
On the flip side, the Prairie State saw visitor attendance at its casinos drop by 2.2% for the month to around 1.06 million people. Reporting the biggest drop in visitors was the Par-A-Dice Hotel And Casino down by 10.2% to 74,126, while the Hollywood Casino Aurora posted the highest year-on-year visitor number increase of 10.5% to 95,282.
Across the border in neighboring Northwest Indiana, three of the state’s casinos saw an increase in the year-on-year revenues, while the remaining two saw their business dip in March.
Leading the market in terms of revenue was Majestic Star I higher by almost 10% to $9.52 million compared to $8.63 million a year earlier; followed by Blue Chip up by 3.68% to $14.97 million; and Horseshoe Hammond up by 2% to $39.39 million. Conversely, Majestic Star II posted an 8.7% fall in revenue to $5.78 million from $6.31 million the year before; while Ameristar saw its business contract by 2.8% to $21 million compared to March of 2016.
Commenting on March’s figures, which came in a little higher than forecast, Indiana Gaming Insight editor Ed Feigenbaum stated: “This could be an indication that people are beginning to feel a little better about the economy and are doing more discretionary spending.”

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