Revenues Fall At Hollywood, Up At Belterra

Posted On July 10, 2012

casino(Lawrenceburg, Ind.) – June revenue figures for southeast Indiana’s three riverboat casinos were up, down, and even.


The latest Monthly Revenue Report from the Indiana Gaming Commission shows Hollywood Casino in Lawrenceburg with its usual majority stake – 62 percent – in the local gaming market with $32 million in revenue last month. The number is a decline of 9.0 percent from June of 2011.


Hollywood’s revenue decline may be tracked to lower attendance. About 270,000 visitors were admitted to the casino, down 8.9 percent from about 297,000 last year.


Belterra Casino Resort and Spa in Switzerland County was able to brag an increase in its June revenues. The $12.4 million raked in was up 7.8 percent from the same month a year ago. Belterra’s attendance improved slightly, 1.1 percent, to 137,988 visitors.


Rising Star Casino in Rising Sun saw revenues nearly identical to last year. The $7.5 million in revenue in June was virtually unchanged from June 2011 before it was rebranded from Grand Victoria Casino. Attendance totaled 105,167 – just 122 more people than June of 2011.


The three local riverboats combined for $51.9 million in revenue last month, a decline of 4.4 percent from June 2011. The region’s attendance was also down 4.6 percent to 513,748 in June.


Revenues at all 13 of Indiana’s privately owned but publicly licensed casinos were off 2.4 percent to $215.9 million last month. However, June attendance was up 0.7 percent to 2,046,487.




Indiana Gaming Commission Revenue Reports – http://www.in.gov/igc/2363.htm