Casino
April 12, 2024

Hard Rock Casino Northern Indiana Sets Monthly Revenue Record In March

 

The Hard Rock Casino Northern Indiana set an all-time record for monthly gaming revenue in Gary during the month of March.

Data released Friday by the Indiana Gaming Commission (IGC) show Hard Rock last month also tallied more "win," or revenue after paying successful bettors, than any of the 11 other commercial casinos in the Hoosier State for a 29th consecutive month.

Hard Rock reported $42.6 million in March win — a 7.5% increase compared to its March 2023 win of $39.7 million, and the highest monthly win in Gary since legal gaming began in the Steel City in 1996, according to the IGC.

In fact, the Gary gaming, dining and entertainment destination alone accounted for almost one-fifth of the state’s $223.4 million in total casino win for the third month of 2024.

 

Matt Schuffert, president of Hard Rock Casino Northern Indiana, described its March revenue results as "amazing."

 

"We continue to see strong growth on the slot side of our business ... (and) we continue to add new and exciting slots to our gaming floor, which our guests have appreciated. It was a month where we also had the largest amount of slot winners — paying a record $22.4 million in jackpots," Schuffert said.

 

"With a strong spring entertainment calendar and new restaurant menus, we look forward to further success as an entertainment destination."

Records show Hard Rock’s state-leading slot machine play totaled an incredible $324.7 million in March, with a state-best win of $31.7 million; compared to March 2024 slot win of $28.5 million on $290.2 million in play.

 

In addition, the Gary casino led the state for March table game play, primarily baccarat, with $58.7 million, and was tops in table win at $11 million.

 

To put that in perspective, more money was wagered at Hard Rock table games in March than the tables at the three other Northwest Indiana casinos combined ($44.6 million), records show.

 

According to the IGC, the state’s former earnings leader, Horseshoe Casino in Hammond, last month ranked third in the state behind its Horseshoe Indianapolis sister property with $25 million in win — down 14.1% from its March 2023 win of $29.2 million.

Monthly win at Ameristar Casino in East Chicago also fell 5.3% to $17.2 million in March compared with $18.2 million for the same month in the prior year.Though last month’s win at Blue Chip Casino, in Michigan City, increased nearly $400,000 versus last March, or 3.2%, to reach $11.9 million, according to the IGC.

Across the state line, Bally's Chicago Casino reported March win of $13.1 million to the Illinois Gaming Board. In comparison, Bally's Evansville, a much smaller market in Indiana's southwestern corner, tallied $16.5 million in win last month.

Data show the popularity of sports wagering on Hoosiers’ mobile devices and at sports books inside the state’s casinos rebounded in March to near-record highs.

 

The statewide online and retail sports wagering handle was $500.8 million last month, compared with $433 million in March 2023. The all-time monthly record of $513.7 million was set in November 2023.

 

In total, Indiana in March collected $68.7 million in tax revenue from slot machine and table game play, and $3.7 million from settled sports wagers, according to the IGC.