KBHB BIG 81
LISTEN LIVE
Bob Looby 5:00am - 11:00am
KBHB ON DEMAND
facebook

News Article

Deadwood Gaming Numbers Up

Deadwood Gaming Numbers Up
Deadwood May Gaming Numbers Rebound - Hotel Occupancy Up Too
News Release - June 27, 2017

DEADWOOD, S.D. - According to statistics recently released by the South Dakota Commission on Gaming, the May 2017 gaming handle showed an increase of 7.63 percent, with slot machine handle increasing by 8.41 percent when compared to May 2016. The table game handle was down 5.36 percent, when compared to May 2016 numbers. Deadwood gaming operators rewarded players with $1,565,246 in "free-play" for the month of May. Taxable adjusted gross revenues were $8,626,613 for May 2017.

"Deadwood is pleased with a strong showing in our gaming business," said Mike Rodman, executive director of the Deadwood Gaming Association. "This strong monthly showing halved the year to date losses that have plagued Deadwood gaming operators so far in 2017."

Deadwood Hotel occupancy rates were up as well in May when compared with May 2016 numbers. According to monthly data released yesterday by Deadwood's City Finance Office, hotels in Deadwood had an occupancy rate of 49.18 percent for May 2017, which is a 2.94 percent increase over May 2016. May hotel occupancy shows Deadwood hotels sold 1,394 more room nights this May than last year.

"Like Deadwood's gaming operators, Deadwood's hotel operators enjoyed an increase in hotel guests driven by increased visitation, kicking off the all-important tourism season.  Deadwood's May occupancy rate increase beat the national May hotel occupancy increase of 1.5 percent," said Rodman. "However, Deadwood's overall occupancy rate still was below the national occupancy rate of 67.8 percent for May 2017."

Deadwood celebrated the Grand Opening of the new Deadwood Welcome Center this past week with Lt. Governor Matt Michels, which is designed to acclimate Deadwood visitors to all that Deadwood has to offer.



kbhbradio.com
Phone number: 605-347-4455
E-mail: info@kbhbradio.com
Address: 1612 Junction Avenue, Suite #1
Sturgis, SD 57785
  BIG 81 ON FACEBOOK
  WEATHER
  MARKET NEWS