Indiana Casino Revenue Drop Continues in April With $195 Million

Posted on May 14, 2024

Casino revenue in Indiana continued its downward trend in April.

The 13 casinos in the state combined to collect $194.8 million in adjusted gross revenue in April. That was a 9% decrease from the previous month ($213.6 million) and a 5% ($205.1 million) year-over-year drop.

The state received $57.1 million in tax revenue from casinos in April. Indiana online casinos remain illegal.

Hard Rock Collects Most Revenue in April

The most popular casino in Indiana continues to be the Hard Rock Casino Northern Indiana. It collected more money from just slot machines than any other casino collected in total revenue in April.

Hard Rock took in $28.4 million in adjusted gross revenue (AGR) from slot machines last month and another $11.4 million from table games. No casino has more slot machines than Hard Rock with its 1,770 on its gaming floor. And despite being fourth in total table games with 76, no casino generated more table game revenue than Hard Rock in April.

The silver medal for Indiana casino revenue in April went to Horseshoe Indianapolis with $27.1 million. It reached that total through $4.1 million of revenue from its 87 table games and $22.9 million from its 1,509 slot machines.

The bronze medal went to the only other casino that exceeded $20 million in revenue in April: Horseshoe Hammond. It collected $4.9 million from its 85 table games and another $17.2 million from its 1,593 slot machines for a grand total of $20.3 million AGR.

Here’s how the remaining Indiana casinos faired in April:

  • Caesars Southern Indiana: $19.6 million
  • Harrah’s Hoosier Park: $18.6 million
  • Ameristar Casino: $14.8 million
  • Bally’s Evansville: $13.8 million
  • Hollywood Lawrenceburg: $11.9 million
  • Terre Haute Casino: $11.1 million
  • Blue Chip Casino: $10.4 million
  • Belterra Casino: $6.5 million
  • French Lick Resort: $5.8 million
  • Rising Star Casino: $3.2 million

Slot Machines Continue to Generate Most Revenue

Slot machines are without a doubt the money-makers for casinos. That held true in April.

In April, $170.6 million AGR came from the 14,830 slot machines in the state, 88% of the total.

The three casinos that generated the most slot machine revenue in April:

  • Hard Rock Casino Northern Indiana: $28.4 million
  • Horseshoe Indianapolis: $22.9 million
  • Harrah’s Hoosier Park: $17.5 million

That left $26.2 million AGR from table games last month from the 611 table games offered in the state. The three casinos which generated the most revenue from table games in April:

  • Hard Rock Casino Northern Indiana: $11.4 million
  • Horseshoe Hammond: $4.9 million
  • Caesars Southern Indiana: $4.6 million
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T.J. McBride

T.J. McBride is a writer and reporter based in Denver who covers the Nuggets as a beat writer. He regularly contributes to PlayIndiana on issues surrounding the online gambling market. His byline can be seen at ESPN, FiveThirtyEight, Bleacher Report and others.

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