Revenues Up at Deadwood Casinos Since Raising of Maximum Betting Limits
"It's obvious the increased table limits had an effect on the industry showing a 20 percent jump in table revenue," said Weston Pleinis, casino general manager for The Lodge at Deadwood.
"The Lodge showed a nice increase in the table game play with August looking even stronger. I also like to see that the slot machine revenue was up almost five percent also. As an operator I was surprised that we had as much high limit action as we had. I didn't think the play would have been that heavy and to see that trend continuing and even increasing in August is exciting. Properties are doing a lot of marketing and putting on a lot of great events. I expect the trend to continue for Deadwood."
With the exception of June, Deadwood gaming revenue has been up from 2011 every month this year.
Gaming revenues were up at Deadwood, South Dakota casinos in July, following the city's implementation of its
new, higher $1,000 bet limit. Overall revenue was up as well as both table game and slot revenue when compared to July of last year.
Total gross revenue at Deadwood casinos in July was $10.3 million, a six percent increase from July of last year. Table game revenue was up 20 percent from July of last year at almost $1 million.