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Horseshoe Edges Hollywood For Tops In Tri-State Casino Revenues

Posted On August 11, 2014

By Mike Perleberg

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(Lawrenceburg, Ind.) – The Indiana Gaming Commission has released the latest revenue numbers for Indiana casinos.

Hollywood Casino Lawrenceburg again led the three southeast Indiana riverboats with $15.6 million in revenue in July. That’s down more than 27 percent from July of 2013. Attendance at the Spirit City riverboat declined 26.4 percent to 140,214.

Hollywood was second in the tri-state casino gaming market to Horseshoe Casino Cincinnati, which reported $16.3 million in revenue according to the Ohio Casino Control Commission. The two casinos have been jockeying for the top revenue spot in the region for the past several months against intensifying competition.

Belterra Casino checked in at $9.1 million, off by 27 percent. Visits were off by 15.6 percent to 107,168. Fellow Pinnacle Entertainment-owned property Belterra Park Gaming & Entertainment Center – which opened in eastern Hamilton County, Ohio in May – took in $4.2 million in July.

Rising Star Casino in Rising Sun was down to $4.3 million, about 19 percent less compared to $5.4 million from last year. The facility witnessed an 11 percent drop in admissions totaling 71,647.

Only two of the state’s 13 casinos reported increases in revenue: those being the Blue Chip Hotel Casino Spa in Michigan City and Tropicana Evansville. Total statewide revenues were down 13.8 percent to $169 million in July. Total attendance at the casinos was 1.63 million, off by 11.6 percent.

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