The Indiana Gaming Commission just released a new report on the state’s casino industry. Indiana casinos racked up over $203 million worth of revenue during January.
That puts the state’s industry on track for a massively profitable 2023. Casinos in Indiana made over $2.4 billion last year, so that’s a big expectation to live up to.
Regardless of what happens during the rest of the year, January was a solid month for the state’s market.
January 2023 Indiana casino revenue
Indiana’s casinos are off to a hot start for 2023. $203 million worth of revenue was a great way to start off the year. That number held steady from December’s $203 million of profits.
No surprise here, but Hard Rock Casino Northern Indiana once again came out on top of the state’s market. The casino’s strategic position right next to Chicago allows the building to pull in gamblers from both Illinois and Indiana.
Here’s a brief look at the top five casinos in the state from last month:
- Hard Rock Northern Indiana: $35 million
- Horseshoe Indianapolis: $29 million
- Horseshoe Hammond: $27 million
- Caesars Southern Indiana: $22 million
- Harrah’s Hoosier Park: $19 million
Indiana’s industry is in a strong spot, and new amenities could make visiting a casino in the state even more popular in the future.
Table games vs. slot machines
Electronic gaming devices (EGDs) were a huge part generating Indiana’s casino revenue during January.
That category of games includes basically everything that isn’t a table game at the casino. Slot machines, video poker and electronic blackjack are a few examples that fall under the EGD umbrella.
EGDs did the bulk of the heavy lifting for the industry last month. Indiana casinos brought in over $163 million from these games alone.
That total doesn’t even include the haul from table games, which get their own sections on the state’s monthly reports.
Indiana’s casinos have a total of 593 table games available. Those tables managed to chip in another $41 million worth of revenue for the industry in January.
Hoosiers loved gambling at casinos last month, and that isn’t likely to change going forward. If Indiana keeps up its current pace, then the state’s casino industry should be in line for another massive revenue year during 2023.