Midwest Casino Revenues Dip in April amid Waning Interest in Slots

Midwest Casino Revenues Dip in April amid Waning Interest in Slots

Monthly revenue reports are in, and casinos in both Detroit and Northwest Indiana saw declines for April compared to the same month year that is last. Officials say they are hoping this might be just a blip not just a trend.

The Greektown casino in Detroit is credited with helping bring the town back once again to life, and until April the their income numbers had been confirming as much.

In April, regional casino customers gambled $668.5 million, down from $698.5 a year ago. Table game play had been up slightly, from $83.1 million to $83.5 million.

‘It’s really two stories that are divergent’ Horseshoe Casino Senior Vice President and General Manager Dan Nita told NCI.com. ‘Table games continue to be&mdash that is quite stable and growing ever so slightly. Unfortuitously, that can’t offset the decline within the slot business.’

Northwest Indiana casinos in these tallies consist of Ameristar in East Chicago, the Horseshoe in Hammond, Michigan City’s Blue Chip, and the Majestic Star in Gary. While all saw year-over-year revenue growth in March, they mightn’t keep the streak going for April.

The three casinos that are detroit-area saw similar but not so drastic email address details are the MGM Grand Detroit, the MotorCity Casino Hotel, and Greektown.

Numbers Game

Among the list of casino options in the area, Ameristar was the loser that is biggest, showing a double-digit decline. Their revenues that are monthl Continue reading