High-stakes events help drive Deadwood gaming revenue

Gaming in Deadwood had a very good month in September.

The 11% increase in gaming revenue benefits not only the casinos, but also the City of Deadwood and the State of South Dakota.

“For the month of September, we were just right at $10 million in casino win and you know that’s pretty good for us,” said Mike Rodman, executive director of Deadwood Gaming Association. “We’re on pace to do about $108 million in gaming revenue for the year. So we’re very happy with that.”

While gaming is popular with locals, Deadwood and its casinos are also popular destinations for out-of-staters.

Many are drawn by big high-stakes events, like the upcoming Deadwood Shootout Poker Tournament at the Silverado Franklin Historic Hotel & Gaming Complex, with its $1,100 buy-in.

Greg Glodt, the manager of the Silverado poker room, said, “We will have 14 live poker tables set up and hopefully they will all be in action. We’ll have two Day One flights, and we’ll try to fit as many people in there as we possibly can.”

The Shootout will be held November 8-10, 2019.

 

Categories: Local News

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