Although Indiana land-based casinos generated $200.2 million in revenue in August, the Hoosier State missed out on a boost that could’ve been considerably larger if the state had legal online casinos.
Indiana land-based casinos saw monthly revenue climb for the first time in August since May
According to data from the Indiana Gaming Commission (IGC), August marked the first time monthly revenue climbed since May and the third time this year that casino revenue surpassed $200 million.
While casino revenue is up 7.2% over July, regulated iGaming could’ve brought Indiana casino operators more than $116 million that month. Operators are losing over $100 million in revenue, and the state is missing out on tens of millions in tax revenue.
Four casinos are listed at the top of August’s revenue report: Harrah’s Hoosier Park, Caesars Southern Indiana, Horseshoe Indianapolis, and Belterra Casino.
The four casinos accounted for all $10.1 million of the $13.4 million in growth this past month. Harrah’s Hoosier Park led the competition with a $3.5 million increase, followed by Caesars Southern Indiana and Horseshoe Indianapolis ($2.6 million each), and Belterra ($1.5 million).