Deadwood gaming sees first downturn in 18 months

Sports Betting Month 3

DEADWOOD, S.D. — Deadwood gaming in March fell off from the same month last year.

March’s overall gaming handle was down 6.53 percent from a year ago. The slot machine handle was down 7.38 percent.

Table games decreased by 4.47 percent when compared to March of last year while Deadwood’s sports waging operations set a new monthly record with $975,000 in wagers.

Taxable adjusted gross revenues for March came out to $11.7 million.

“Despite a new monthly record on sports wagering, thanks to March Madness, Deadwood’s overall gaming slowed in March,” said Mike Rodman, executive director of the Deadwood Gaming Association. “Deadwood, like the rest of the country, is experiencing the effects of the national economic downturn.”

Categories: Local News, South Dakota News