Deadwood casino revenue growth in April demonstrated a robust 9% increase year-over-year in adjusted gross revenue, climbing from $10.7 million to $11.7 million. This significant rise is among several key trends shaping the online gambling market and its impact on regional economies. For more insights on gambling statistics, explore CDC Gaming Reports.
Deadwood Casino Revenue Growth: A Closer Look
According to the South Dakota Department of Revenue, the 22 casinos in Deadwood experienced notable performance improvements. Slot machine winnings rose by 3.1%, reaching $11 million compared to the previous $10.1 million. In addition, table games saw a 1.4% increase, up to $1.21 million from $1.19 million. Meanwhile, sportsbooks reported a dramatic turnaround with a $51,819 win this April, a contrast to a $11,700 loss one year prior. Discover more about recent legislative changes affecting gambling by visiting our full article here.
Economic Impact of Deadwood Casino Revenue Growth
The casinos contributed $1.1 million in taxes in April, with a noteworthy 40% of this amount allocated to tourism. This distribution supports local development and enhances the community’s cultural and recreational offerings.
