Deadwood casinos shatter last year's results

Rapid City Journal
 
Deadwood casinos shatter last year's results
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Deadwood's slot machines and table games were a welcome sight for players in February, as the South Dakota Commission on Gaming reported Monday the gaming handle increased more than 17% over February 2020.

According to the report, gamblers put nearly $91 million in slot machines and $6.4 million in table game bets. In all, visitors to Deadwood's casinos spent more than $97 million on wagers in February.

Slot machine handle increased 18.65% and table game handle increased by 6.58% when compared to February 2020, the report showed. The casinos had a taxable adjusted gross revenue of $8.6 million, with $775,162.93 in taxes due to various state, county and local government entities.

Deadwood Gaming Association Executive Director Mike Rodman said February's results are continuing to show a strong positive trend.

"We believe that 2021 will be a very good year for Deadwood as travel trends are focused domestically with visitors intrigued with the balance of wide-open recreational opportunities and local entertainment options that Deadwood provides,” Rodman said.

Through the first two months of 2021, gamblers in Deadwood have spent $203 million on wagers, an increase of 15.44% over 2020. Slot machines handled more than $189 million, a 15.48% increase over the same time period in 2020. Table games have seen $13.9 million in bets made, a 14.89% gain from 2020.

Rodman said the casinos rewarded players with $1.2 million in "free play" during February.

The report shows Deadwood's 2,543 slot machines awarded players with $8.1 million in winnings, the majority of which came from penny slot machines. Deadwood has 87 table games with black jack, poker, craps and roulette. According to the report, gamblers won $1.1 million, the majority of which came from black jack and house-banked poker games.

Rodman said the Deadwood Gaming Association is working with regulators to develop rules for sports wagering, with hopes the new attractions will be open by Sept. 1.