December Deadwood Casino Handle rebounded, plunging 2.35% YTD
Casinos in Deadwood in South Dakota recorded good results in December, ending a calendar year that will be remembered with closings and operating constraints.
Strong December ended in 2020
According to the financial report for the last month of 2020 published by South Dakota Commission on Gaming, the gambling industry in the Black Hills resort and gaming town has generated in December 20,34% more revenue compared to the previous year.
The lion's share of the growth came from the slot machines they generated just over 93 million dollars, about 21,72% more than handle casinos published in December 2019while table games accounted for a marginal increase by 2,48% to a little over $ 6 million.
In total, players in the city of games in South Dakota generated slightly below in December 100 million dollars, to complete the 2020 calendar and keep after deducting payouts and free gifts adjusted gross income in heights more than $ 8.2 millionwhile paying at the same time $ 744,548 state in taxes.
Last month's rebound managed to nullify almost all of the negative impact of the coronavirus outbreak, which has caused the number of games to decline throughout the year. The handle from the beginning of the calendar year, amounting to $ 1.12 billion was a decrease by only 2,35% compared to the door handle in 2019, which sparked excitement in the industry.
Casino industry excited about rebirth
Mike Rodman, president Deadwood Gaming Association, said he was pleased with the result, which showed that the industry had somehow managed to break away from adversity and end the year firmly, almost offsetting the negative impact of the coronavirus outbreak.
Rodman, who repeated, that casinos Deadwood take the threats posed by the virus outbreak seriously, shutting them down by the end of March and then following stringent enforcement procedures for their protocols when they reopen in May, praised the role Governor Kristi Noem, which played a reflection of the gaming industry for the post.
“We appreciate the pro-business approach of Gov. Noah during the pandemic and her commitment to the extra money from tourism marketing to get those numbers. '
Mike Rodman, President, Deadwood Gaming Association
The role of gambling in South Dakota was once again underlined in November referendumin which voters were able to approve 58% the proposed constitutional amendment to allow legal bookmakers as early as next year, and also pave the way Native Americans this state. tribes to open sports bets at their gaming venues.