The overall win of the 13 state casinos remained flat at $2.2 billion, while the coin-in to slots fell by 2% only, reaching $20.2 billion.

The Horseshoe Casino, however, was the worst-performing one year-on-year in 2018. The casino industry in the state of Indiana has not fully recovered from the massive financial crisis, which according to market analysts, is due to the new competition posed to the venue by the new competition which emerged in Ohio and Illinois, and by a Indian casino which started operation in South Bend in 2018, as well as to an ageing customer base in the region.Ĭurrently, there are 13 casino venues which are run under an operating license issued by the state of Indiana.

Horseshoe Casino Is the Worst-Performing Indiana Venue in 2018 Still, as mentioned above, the Horseshoe win fell by 10% in the period from September to December – a decline which surpassed the casino’s 2018 full-year drop of 8%. The overall activity of the venue, including taxable revenues, win, and the amount bet on the facility’s electronic gaming machines and slots declined by 34% in February, at the time when the casino was shut due to flooding in the period from February 22nd and March 4th, 2018. The new gambling facility of Churchill Downs has been using aggressive marketing campaign, mailing a variety of offers, including free slot play, hotel discounts and free meals, to its potential customers.Īccording to figures released by the Indiana Gaming Commission, the amount of wagers kept by the Horseshoe Casino declined by 10% in the period from September to December 2018 in comparison to the result reported a year earlier, reaching $77 million.Īpart from the new competition for the casino situated in the southern part of Indiana even occurred, it was a rough 2018 for the Horseshoe Casino. Since the opening of the Churchill Downs’ Derby City Gaming facility the number of visitors of Horseshoe Casino has declined, and so did the money flow generated by the venue. It has been a rough five months for Horseshoe Casino in Harrison County, Indiana.

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