Horseshoe Casino revenues power up in November

2013-12-09T16:00:00Z 2013-12-11T09:46:05Z Horseshoe Casino revenues power up in NovemberKeith Benman keith.benman@nwi.com, (219) 933-3326 nwitimes.com
December 09, 2013 4:00 pm  • 

Total Northwest Indiana casino revenues improved for only the second time this year in November, driven wholly by a markedly improved month at Horseshoe Casino in Hammond.

The five boats raked in $84.4 million in November, as compared to $82.2 million in November 2012, according to the monthly revenue report from the Indiana Gaming Commission.

The last time total casino revenues in Northwest Indiana improved on a year-over-year basis was in March, when they edged up 0.4 percent.

Horseshoe Casino revenues increased $5.9 million in November as compared to the year-ago month. The November total of $40.8 million was 17 percent higher than revenue a year ago.

The four other boats all took in less revenue in November than they did in November 2012.

Revenues at Blue Chip Casino, in Michigan City, declined 7.6 percent to slide to $12.6 million. At Ameristar Casino, in East Chicago, revenues declined 6.3 percent.

Majestic Star I, in Gary's Buffington Harbor, took in total revenue of $7.6 million in November, a decline of 11 percent from November 2012. Majestic Star II took in $6 million, a decline of 8.5 percent.

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