Indiana Casinos Made $2.4 Billion Of Revenue In 2022

Posted on January 12, 2023 - Last Updated on February 23, 2023

State regulators have released new data for how business went for Indiana’s casinos last month.

The state’s industry racked up $203 million worth of revenue in December. That put Indiana casino revenue over the $2.4 billion mark for 2022 as a whole.

Casinos made billions last year

Casinos made a killing in the Hoosier State last year. The latest report from the Indiana Gaming Commission gives us the entire outlook for the state’s industry in 2022. Indiana online casinos are are still prohibited for now, though.

All things considered, it was a great year to be in the casino business.

The state’s casinos took home over $2.4 billion worth of revenue last year. That massive number generated nearly $700 million worth of taxes for Indiana throughout the year.

Plenty of Hoosiers visit the state’s casinos over the course of a year, but the industry also benefits from visiting gamblers. Many of the state’s casinos are strategically placed near the borders of Chicago, Cincinnati and Louisville, which allows them to draw in business from multiple states at one time.

$2.4 billion is certainly nothing to sneeze at, and it’s a revenue haul that the state’s 13 casinos and racinos are likely thrilled about. December 2022’s numbers put the state over the finish line to reach that final total for the year.

Indiana casino revenue December 2022

Holiday season gamblers helped Indiana’s casinos rack up $203 million worth of revenue throughout December. That was an increase from November’s $196 million mark.

Hard Rock Casino Northern Indiana was once again the most profitable gambling hotspot in the state.

Here’s a quick look at the casinos that brought in the most revenue last month:

  1. Hard Rock Northern Indiana: $34 million
  2. Horseshoe Indianapolis: $28 million
  3. Horseshoe Hammond: $26 million
  4. Caesars Southern Indiana: $21 million
  5. Harrah’s Hoosier Park: $20 million

The bulk of the state’s $203 million in December revenue came from slot machines and other electronic gaming devices. Those accounted for a whopping $165 million of last month’s numbers.

Table games held up their end of the deal by generating about $39 million of revenue.

Indiana’s casino market ended 2022 on a high note, and that should only help the industry build momentum for 2023. Hoosiers love to visit casinos, and that isn’t likely to change anytime soon.

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Jake Garza

Jake Garza is a US Gambling Industry Analyst for Catena Media. He specializes in Midwest sports betting and casino content. Prior to covering the legal gambling industry, he spent time as a professional sports writer, reporting on teams such as the Cincinnati Bengals, Indianapolis Colts and Indiana Pacers. Garza is currently working as a Managing Editor for PlayIndiana and PlayOhio, with previous stops at other well-known brands such as PlayIllinois and PlayMichigan. He has been covering the gambling industry since 2019, and currently works with a team of other journalists to provide comprehensive coverage of the legal U.S. gambling industry.

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