Indiana Casinos Generated $196 Million Of Revenue During November
Indiana’s casinos have been putting up stellar numbers throughout 2022. The industry managed to rack up $196 million in revenue during November.
That as a small decrease from October’s $207 million haul.
All 13 of the casinos in Indiana had to pitch in for the state to rack up $196 million worth of revenue last month. Indiana’s solid stretch over the past few months has business booming heading into the holiday season.
Another month on top for Hard Rock
Hard Rock Casino Northern Indiana continues to be the dominant force in Indiana gambling. The betting hotspot has been a major player in the state ever since it opened for business in early 2021.
According to the latest report, that was certainly the case during November. The casino racked up over $35 million worth of revenue, making it the only property in the state to pass the $30 million mark.
Slot machines and other electronic gaming devices did the bulk of the heavy lifting by bringing in $23 million worth of revenue. Baccarat also pitched in a hefty $6 million of its own.
Horseshoe Indianapolis and Horseshoe Hammond rounded out the podium spots for November’s casino rankings. Those locations generated about $28 million and $26 million worth of revenue last month.
Holiday season could boost Indiana casino revenue
The holiday season is generally a good time to be in the casino business.
Many people around Indiana will have extra time off of work during December. That leads to more gamblers visiting casinos to keep themselves busy. Combining the holidays with the cold weather will have Hoosiers turning towards inside entertainment options for the next handful of months.
That could lead to a jump in Indiana casino revenue for the month of December.
Looking back at 2021, casinos saw an 8.3% increase in revenue from November to December. If the industry has an identical jump on the horizon this year, that would put December’s revenue over the $200 million mark.
Of course, nothing is set in stone. All it takes is a few more lucky gamblers to shift the numbers.
Regardless, Indiana’s casinos should be in a solid spot for the next set of numbers. November’s $196 million in revenue gives the industry plenty to build off of heading into the winter months.