When Terre Haute Casino Resort opened in Indiana on April 5, it did so without its accompanying hotel. As of May 15, however, its hotel accepted its first guests, making it a full-fledged resort.
Even without available lodgings, the Churchill Downs-owned casino recorded revenue levels that put it in the middle of the pack during its first month of operations. June’s revenue will indicate how much the hotel impacted the casino’s bottom line.
Churchill Downs CEO Bill Carstanjen said the hotel’s opening is a landmark for the company.
“Terre Haute Casino Resort has already attracted thousands of visitors from the region to enjoy an unparalleled gaming experience. The opening of the new luxury hotel component furthers our commitment to bringing new vibrancy to Terre Haute with this premier entertainment destination and marks a significant milestone for Churchill Downs Incorporated.”
Hotel features a bar on the top floor
Terre Haute Casino Resort became Indiana’s 14th retail casino when it opened its casino floor for business at the start of last month. Indiana online casinos remain illegal, but lawmakers are expected to consider iGaming in the 2025 legislative session.
The Terre Haute Casino floor boasts 1,050 slot machines and 36 table games, including a poker room. There’s also a retail sportsbook alongside bars and restaurants, such as Four Cornered Steakhouse, Rockwood Bar & Grill, High Limit Bar, and more. The total casino complex spans 400,000 square feet.
Terre Haute Mayor Brandon Sakbun welcomed the new casino when it opened its doors last month.
“This premier gaming facility will make it possible to welcome visitors from across the Midwest, the nation and the world here to Terre Haute. The opportunity this creates for the people of our community is a true testament to the leaders who have worked on this project for years.”
The hotel has 122 rooms, including luxurious suites. On the 10th floor, there is Altitude Bar and Lounge, which literally tops off the hotel.
A great start for the casino and Terre Haute
Even without the hotel, Terre Haute got off to a strong start. During a recent earnings call, Carstanjen discussed the casino’s success so far.
“We held the grand opening for our Terre Haute casino in Indiana on April 5, on time and on budget. We had over 12,000 people visit the property on opening day.
“As a point of reference for how strong the initial demand is at the property, the total coin-in on opening day surpassed the largest day that we have ever had at Derby City Gaming, a great start. While the daily volumes have since come down, we have been extremely pleased with the performance, and we are well ahead of our projections.”
In its first 26 days of operation, the casino generated $11.1 million in revenue. The hotel’s opening is a major milestone for the city of Terre Haute and should boost its economy. A soon-to-be-opened pool should draw even more customers.
