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Midwest Casino Revenues Dip in April amid Waning desire for Slots

Midwest Casino Revenues Dip in April amid Waning desire for Slots

Monthly revenue reports are in, and casinos in both Detroit and Northwest Indiana saw declines for April set alongside the same month a year ago. Officials say they are hoping this might be just a blip not really a trend.

The Greektown casino in Detroit is credited with helping bring the city back to life, and until April the their revenue numbers were confirming since much.

In April, regional casino customers gambled $668.5 million, down from $698.5 a 12 months 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 ‘Table games continue to be quite stable — and growing extremely slightly. Unfortunately, that can’t offset the decline into the slot company.’

Northwest Indiana gambling enterprises in these tallies include 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 income growth in March, they couldn’t keep the streak opting for April.

The 3 Detroit-area casinos that saw similar but not so drastic results are the MGM Grand Detroit, the MotorCity Casino Hotel, and Greektown.

Numbers Game

One of the casino options in your community, Ameristar was the loser that is biggest, showing a double-digit decline. Their monthly revenues dropped 14.2 percent to $18.2 million