Indiana Casinos face Revenue Decline

August 09, 2011

A report by the state’s gaming commission has recently reported that casino revenues have dropped. Traditionally July has earned the highest revenues. However, the report stated that revenues are the lowest in three years.

When compared to 2010, visitors have declined by 3 percent for the first half of this year. The decline is believed to be a result of neighboring state’s competition. It is estimated that a 30 percent decline will happen when Ohio opens their new gaming facilities. Michigan and Illinois are also planning to open casinos close to the state boarder.

With the decline of casino visitors, there is also a decline in tax revenue the state can ear. It is possible that all residents of Indiana may be affected.

Return to Indiana Casinos.

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