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Deadwood Gaming-May report

Deadwood Gaming-May report

Deadwood table games drive May gaming increase


News Release - June 26, 2019

DEADWOOD, S.D. - According to statistics released recently by the South Dakota Commission on Gaming, the May 2019 gaming handle showed a 5.12 percent increase, with slot machine handle increasing by 3.75 percent when compared to May 2018. The table game handle drove the May increase; up 32.17 percent when compared to 2018 May’s table game numbers. Deadwood gaming operators rewarded players with $1,690,309 in "free-play" for the month of May, leaving taxable adjusted gross revenues of $8,975,080 for May 2019.

"We are pleased that despite less than perfect May weather, Deadwood continued the positive results for 2019 in May,” said Mike Rodman, executive director of the Deadwood Gaming Association. "This is one of the strongest table games increases we have seen in quite a while.”

According to monthly data released by Deadwood’s City Finance Office, the hotel occupancy rate was down slightly in May when compared with May 2018 numbers. Hotels in Deadwood had an occupancy rate of 48.26 percent this May, which is down 1.65 percent when compared to May 2018. However, due to increased inventory, Deadwood operators rented 584 more rooms than last year.

“Deadwood’s May occupancy rate change was also below the national average of 1.6 percent increase and well below the national hotel occupancy of 68.7 percent for May 2019”, said Rodman.

The Deadwood community is celebrating the 100th Anniversary of Mt. Roosevelt and the Friendship Tower with a rededication ceremony on Saturday July 6th, at 10:00 AM at the Monument with South Dakota Lt. Governor Larry Rhoden scheduled to give the keynote address and the Freemasons recreating a historic cornerstone ceremony.



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