Indiana Government Tops $1B in FY2022 Gambling Revenue

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SBC Americas

Study Makes Case for Online Casino Wagering in Indiana

Indiana gaming regulators are evaluating the potential inclusion of internet casino wagering. The Indiana Gaming Commission has teamed up with Spectrum Gaming Group to deliver an updated study on the potential impact of internet casino gaming in the Hoosier State. In 2022, the IGC summoned Spectrum to conduct a study on iGaming in Indiana and, a…

Finance ・ 10 January 2024

Trib Star

Casino revenue cooling off after hot 2022

Out-of-state competition could be to blame for Indiana's decline in casino revenue, which slid for the third month in a row in May following a lucrative 2022. The state's 12 casinos last month logged $192 million in adjusted gross revenue, the lowest amount all year. That's a 7.6% decrease from May of last year. The numbers indicate gambling at…

Finance ・ 07 July 2023

US Bets

Slot Surge Pushes Indiana Casino Win Over $200M For December

The Indiana Gaming Commission reported $203.9 million in casino win for the month of December, with a strong bounce-back in slot revenue pushing the Hoosier State over the $200 million mark to close out 2022. The total was a 3.9% increase from the $196.2 million in win for November - the first time it slipped below $200 million since June. Slot…

Finance ・ 14 January 2023

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Slots Drag Indiana Casino Revenue Below $200M For November

A sharp decline in revenue from slots and EGD play contributed to the end of a four-month run of casino revenue above $200 million in Indiana, according to November figures released by the Indiana Gaming Commission. The overall win of nearly $196.2 million last month was 5.5% off October's total of $207.6 million and the lowest since February's…

Finance ・ 09 January 2024

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Indiana Casino Win Down in May But Still Exceeds $200 Million

Indiana casinos had their win totals dip a bit in May, but the state's 12 commercial gaming facilities still combined to top $200 million for the fourth consecutive month. The total casino win includes revenue derived from table games and electronic gaming devices (EGDs, or slot machines). In May, the state's total win was $211895475. That was down…

Gaming Authorities ・ 07 November 2022

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Indiana Casino Revenue Ticks Down To $204 Million In September

The Indiana Gaming Commission reported $204 million in casino gaming win for September, a slight decline from the previous month. It was, however, the third consecutive month in which overall win topped $200 million. September's figure was 0.9% lower compared to August's $205.8 million collected by the state's 10 casinos and two racinos. The…

Finance ・ 21 October 2022

Yogonet

Indiana: Tax revenue from gambling breaks the $1B mark in budget year 2022

Tax revenue generated for gambling in Indiana exceeded $1 billion during the 2022 state budget year, marking the first time in a decade, according to data released this week. In all forms of gambling combined, the state government collected $1.04 billion between July 1, 2021, and June 30, 2022, which marks an 8% increase from $958.3 million during…

Finance ・ 06 October 2022

World Casino News

Indiana hits $1bn tax revenue mark for first time in a decade

This week, the Indiana Gaming Commission published the details of the 2022 fiscal year annual report. The findings showed that the gambling industry has been able to reach new heights, rebounding from the COVID-19 pandemic and meeting the $1 billion tax revenue mark for the first time since 2012. Details of the Fiscal Year Report The 12-month…

Winnings ・ 07 October 2022

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The Times Of Northwest Indiana

Indiana gambling tax revenue tops $1B for first time in a decade

Indiana tax revenue generated by Hoosiers gambling exceeded $1 billion during the 2022 state budget year for the first time in a decade, recently released data show. Altogether, state government reaped $1.04 billion from gambling-related revenue streams between July 1, 2021, and June 30, 2022 - an 8% increase from the $958.3 million in gambling…

Finance ・ 08 October 2022

Trib Star

Vigo casino could be ready by December 2023

Bulldozers began moving dirt shortly after a June 21 groundbreaking to start construction of the Queen of Terre Haute Resort Casino on the city's east side. Churchill Downs Inc.'s $260 million project, up from an initial $240 million, is to include a casino with 1000 slot machines and 50 table games, as well as a 10-story hotel featuring 125 luxury…

Gaming Authorities ・ 22 October 2022

The Center Square

Indiana nets $691M in gambling taxes; consumers lose $2.5B

Finance ・ 12 September 2022

US Bets

Indiana Casino Win Rebounds To $221.1 Million For July

The Indiana Gaming Commission reported casino win totaling $221.1 million for the month of July, as the state's 10 casinos and two racinos had a sharp-bounce back from June thanks to strong growth in slots revenue. The Hoosier State's 12 venues reported overall month-over-month increases, with nine posting gains 10% or better as they ended a…

Gaming Authorities ・ 15 August 2022

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Indiana Casino Win Dips Below $200 Million For June

The Indiana Gaming Commission reported casino win of $197.2 million for June, the third straight month it has declined across the state's 10 casinos and two racinos. While not a low for the calendar year, June's casino win represented a 6.9% decrease from the $211.9 million reported in May and ended a three-month streak in which the venues combined…

Gaming Authorities ・ 18 July 2022

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Hard Rock Piles Up $372M In First Year Of Operations In Indiana

Hard Rock might have lost out on being the finalist for the downtown casino in Chicago, but it can take plenty of solace in quickly establishing itself as the top revenue generator across the state line in Indiana. The Seminole tribe-based gaming group, which recently celebrated the first anniversary of opening its $300 million casino in Gary,…

Gaming Authorities ・ 16 May 2022

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Indiana Casinos Claim Over $235M In Revenue For March

The Indiana Gaming Commission reported its state's 10 casinos and two racinos generated more than $235 million in revenue for March, the state's highest monthly total in nine years. March has historically been a good month for casinos in the Hoosier State, with the total marking the sixth consecutive year it has cleared $200 million when not…

Finance ・ 20 April 2022

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Indiana Casinos Generate $190 Million In Win For January

After closing 2021 with a flourish, Indiana's casinos dealt with a New Year's hangover as revenue dropped sharply to start 2022. The state's 10 casinos and two racinos reported close to $190.1 million in total win to the Indiana Gaming Commission for January. While that figure represented a year-over-year increase of 13.4% from the $167.6 million…

New Year ・ 22 October 2022

Indianapolis Business Journal

Caesars plans $34 million expansion at Anderson casino

Caesars Entertainment is moving ahead with expansion plans at its second horse track casino in central Indiana that will add space for more slot machines and a new restaurant. An Anderson zoning board this past week approved the estimated $34 million project for Harrah's Hoosier Park. The company plans a 38000-square-foot expansion that will result…

Travel ・ 08 November 2021

Journal Review

Caesars plans expansion work at 2nd central Indiana casino

ANDERSON, Ind. (AP) - Caesars Entertainment is moving ahead with expansion plans at its second horse track casino in central Indiana that will add space for more slot machines and a new restaurant. An Anderson zoning board this past week approved the estimated $34 million project for Harrah's Hoosier Park. The company plans a 38000 square-foot…

Travel ・ 07 November 2021

Gambling News

Indiana Experiences a Small Drop in September Casino Revenue

As the Indiana Gaming Commission reports, the total casino revenue of the state for the month of September was slightly above $194.7 million, which is a month-to-month decline, compared to August. The cumulative win of the two racinos and 10 casinos in Indiana was $206.6 million. Compared to August's $209.3 million, that is a 1.3% decline. The drop…

Finance ・ 21 October 2021

Dubois County Herald

Live dealer games starting at 2 casinos

By The Associated Press SHELBYVILLE - Indiana's latest gambling expansion comes Wednesday as two horse track casinos near Indianapolis will be allowed to have table games with live dealers for the first time. Officials of Harrah's Hoosier Park in Anderson and Indiana Grand Racing and Casino in Shelbyville have long pushed for the change that they…

Live Gambling ・ 19 January 2021