Gambling in the USA

Revenues surge for casinos in Northwest Indiana

Published

7 years ago

November 13, 2018

Niji Narayan

Revenues surge for casinos in Northwest Indiana

Photo Source: eu.indystar.com

Reading Time: < 1 minute

The casinos in Northwest Indiana have reported a revenue of US$76 million for the month of October, representing a 1.8 per cent rise from that of September.

Ameristar in East Chicago posted a 7.4 per cent hike in revenues, totalling US$18.1 million, while Gary’s Majestic Star produced US$12.3 million, up 2.2 per cent when compared to last year. “We’re quite pleased with October’s results,” said Barry Cregan, Majestic’s senior vice president and general manager.

Horseshoe Casino in Hammond posted a 3.3 per cent year-over-year decrease to US$33.3 million. “We rebounded a little bit in October,” Horseshoe Hammond Sr. Vice President and General Manager Dan Nita said.

Moreover, Blue Chip experienced the largest decline year-to-date, with a 5.1 per cent to US$127.1 million. Parent company Boyd Gaming said that despite the shaky month they are satisfied with the results. “It continues to perform ahead of our earlier projections,” Boyd Gaming CEO Keith Smith.

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.