written and last updated by
Sam Smith at
16 Jan 2024
Journalist, Editorial Department
According to a report from the Indiana Gaming Commission (IGC), the state's casinos generated $192.79 million (16.96 billion rubles) in adjusted gross revenue (AGR) in December 2023. This marks an 8.64% increase compared to November, while year-over-year profits saw a slight uptick of 0.02%.
Currently, online casinos remain prohibited in Indiana, but the state is home to 12 land-based gaming establishments. Of these, 11 reported improved financial performance in December. Hard Rock Casino Northern Indiana led the pack in terms of AGR, although it was the only venue to experience a decline in revenue compared to November 2023.
A table detailing the financial performance of all 12 gaming facilities in Indiana is available. Among these casinos, seven reported annual growth, with Rising Star Casino taking the lead, showing a revenue increase of 15.08% from December 2022 to December 2023. Blue Chip Casino and Horseshoe Indianapolis followed in second and third place, with AGR growth of 9.22% and 5.68%, respectively.
On the other hand, five casinos reported a decline in annual revenues, with Horseshoe Hammond experiencing the largest drop at 10.89%. Bally’s Evansville and Ameristar Casino saw decreases of 9.65% and 8.41%, respectively, compared to December 2022.
In terms of sports betting, the combined AGR of Indiana's 12 sportsbooks reached $50.64 million (4.45 billion rubles) in December, reflecting a monthly increase of 64.8% and an annual rise of 18.52%.
In related news, casino operators in Macau, MGM China and Galaxy Entertainment, have announced plans to raise employee salaries.
