Deadwood Casinos See 20% Increase In October Gaming Revenue
- Deadwood Casinos increased their October revenue by 20.54% year-over-year from the previous year's October.
- 20% of this revenue increase is from the addition of sports betting to the casino's offerings.
LAS VEGAS - The Deadwood casinos in South Dakota saw huge growth in their October gaming revenue, much of which is due to the recent inclusion of sports betting to their offerings.
South Dakota's Deadwood Casino gaming establishments saw a 20.54% increase to their gross October gaming revenue year-over-year from October 2020.
Residents spent nearly $1.3 billion in the available Deadwood casinos in only the first 10 months of 2021, a 40% increase from the prior year of 2020.
Casino patrons bet over $116 million on slots alone, and $8.3 million on the various available table games offered.
Table Games Breakdown:
- Black Jack: $3,245,270
- House Banked Poker: $2,604,917
- Player Banked Poker: $1,522,990
- Craps: $561,286
- Roulette: $343,071
However, a solid 20% of this revenue increase is reportedly due to sports betting.
After the South Dakota gaming commission authorized sports betting in September, it wasn't long before residents began taking advantage of the offering, wagering $815,036 just in October.
Handle Breakdown
- Slots: $116,611,236.85
- Table Games: $8,277,534.50
- Sports Betting: $815,036.68
In the final few months of 2021, it's all but guaranteed that Deadwood casinos will handle over $1.5 billion from gambling for the year, and as sports betting becomes more popular, they could even handle over $2 billion.