Most Northwest Indiana Casinos’ Revenues Down In June

CHICAGO (STMW) – The Northwest Indiana casino market, like that in all the Chicago area, continued to decline last month, with only Ameristar in East Chicago showing some increase in revenues.

“The numbers aren’t great, but they’re good,” said Larry Buck, general manager and senior vice president of Majestic Star Casinos in Gary, of June revenues at the two casinos.

Majestic Star held somewhat steady, with the two casinos reporting a total of $16.8 million in revenue, down slightly from $17.4 million the previous June. Ameristar reported $19.9 million in revenue last month compared with $19.5 million in June 2010, while Blue Chip Casino in Michigan City took in $13.9 million last month compared with $14.5 million. Horseshoe Hammond raked in $41.9 million last month, down from $43.3 million in June 2010.

“This economy hurts every business whose revenues depend on peoples’ discretionary income,” Buck said.

He said he will soon know if Illinois’ newest casino, The Rivers, scheduled to open to the public July 18 in the Chicago suburb of Des Plaines, will have an adverse effect on Majestic and other casinos in Northwest Indiana.

“I don’t think too many people from north of Chicago are going to travel through traffic to get to us,” Buck said.

The Rivers will be Illinois’ 10th licensed casino.

© Sun-Times Media Wire Chicago Sun-Times 2011. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.

  • zelvis

    We haven’t visited an Indiana casino since the Illinois smoking ban took effect. Not to mention the fact that, when you hit a jackpot, you have Indiana state taxes taken out. You also have to pay illinois tax. You can get the Indiana tax back, but you have to file an Indiana state tax return to do so. Sorry. Too much hassle.

  • Centurion

    THIS IS A GREAT THING! Instead of wasting your money at a casino, people are putting their money in the bank. SAVE YOUR MONEY, DO NOT WASTE IT AT A CASINO. Casinos are built on losers, not winners.

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