SEI Riverboat Casino Revenues Slide In '19 First Half

Ohio River flooding forced two local riverboats to close for multiple days in February.

(Lawrenceburg, Ind.) - Southeastern Indiana casino revenues are down in the first half of 2019.

Hollywood Casino Lawrenceburg led the region’s three riverboats with $84.5 million in gaming revenue, down about 2.0 percent from the first half of 2018, according to revenue reports to the Indiana Gaming Commission.

Two of the riverboats took larger revenue hits in February as they were forced to close for a week or more due to flooding of the Ohio River. In Switzerland County, Belterra Casino Resort’s first half revenue was down by 5.7 percent to $51.4 million. Rising Sun’s Rising Star Casino reported $20.5 million in revenue, off by about 7.0 percent.

Combined, the three riverboats' revenue totaling $156.5 million in the first half is down by 3.9 percent.

Statewide, Indiana’s 13 casinos raked in $1.08 billion in revenue through the first six months of 2019. That is down about 2.4 percent from $1.11 billion in the first half of 2018.

Starting as soon as September 1, Indiana casinos will be able to offer sports betting thanks to a law passed in May. The Indiana Gaming Commission is expected to vote on August 28 to establish proposed regulations for sports wagering on professional and college baseball, football, basketball, soccer and hockey, as well as boxing, mixed martial arts, auto racing, and more.

RELATED STORIES:

2018 First Half Casino Revenues: Flooding Hurt Rising Star And Belterra, But Hollywood Benefited

AP Report: Indiana Sports Betting Could Be Up And Running By NFL Season

Indiana Gaming Commission Releases List Of Approved Events For Sports Betting

Hollywood, Belterra Among Sports Betting Applicants

Governor Signs Law To Legalize Sports Betting, Casino Tax Changes That Could Harm Local Cities

SEI Casino Towns Hit Hard: Lawmakers Pass Sports Betting, Casino Gaming Bill After Last Minute Changes

More from Local News


Events

Brush Fork Road to Close for Bridge Replacement

The project is slated to start March 24.

Special Olympics to Host Breakfast with the Easter Bunny

The event is set for April 13 at South Ripley Elementary School.

Rolling Roadblocks Scheduled for Pothole Patching on Various Road in Boone Co.

Crews will be pothole patching on Aero Parkway (KY 1017), KY 237, I-275 and I-75.

Bill Brinkman to Receive Outstanding Official Award

Brinkman is in his 35th year as an official.

Seven Earn Academic All-State Honors from ICGSA

To be eligible, student-athletes have to have a GPA of 3.5 or higher.

Craig, Henry Named to HBCA East All-Star Team

Two Ohio River Valley Conference stars will team at the HBCA East/West All-Star Classic. 

On Air

Your Hometown Radio Station playing
Cole Swindell - Ain't Worth The Whiskey

Kenny Chesney You Had Me From Hello 23:20
Lorrie Morgan Out of Your Shoes 23:17
Billy Dean We Just Disagree 23:14