Casino revenues up – no recession here | IXGAMES
Indiana casinos rang up a total $111.4 million in March, up nearly 1 percent from a year earlier, the Indiana Gaming Commission reported Wednesday. Increased revenue at Horseshoe and Blue Chip casinos was offset by declines for Ameristar and the Majestic Star casinos. March is typically a great month for gaming! Blue Chip – in Michigan City, saw revenue climb for the second straight month since the riverboat debuted its adjoining $130 million hotel and spa in late January. The Michigan City casino took in $18.5 million for the month, up 4.1 percent from March 2008. Blue Chip’s February revenue of $16.4 million was up 8 percent from a year earlier. Hammond’s Horseshoe Casino continued to outpace Northwest Indiana competitors, accounting for 44 percent of the combined five riverboats’ total revenue for the month. Horseshoe took in $49.3 million in March, compared to $40.5 million a year earlier. (The Hammond casino in August launched its $500 million expanded riverboat and entertainment venue). 
The Majestic Star casinos, paired at Buffington Harbor in Gary, took in a combined $19 million, an 11 percent drop from March 2008. Revenue for Ameristar, formerly Resorts, in East Chicago, fell to $24.5 million in March, from $30.7 million a year earlier. Traffic to the Lake Michigan docked riverboats climbed 8 percent in March to 1,284,969, compared to March 2008. The future is looking better right now!! Regards ixgames.com