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Deadwood Gaming

Deadwood Gaming

Deadwood Gaming Numbers Dip in October, Hotel Occupancy Flat


News Release - November 27, 2019

DEADWOOD, S.D. - According to statistics released today by the South Dakota Commission on Gaming, the October 2019 gaming handle showed a 3.85 percent decrease, with slot machine handle decreasing by 3.82 percent when compared to October 2018. The table game handle was also down 4.39 percent when compared to 2018 October’s table game numbers. Deadwood gaming operators rewarded players with $1,598,568 in "free-play" for the month of October, leaving taxable adjusted gross revenues of $8,641,689 for October 2019.

"Deadwood gaming saw a slight hit in revenues due to the early winter weather,” said Mike Rodman, executive director of the Deadwood Gaming Association. "We still have a year to date increase of 3.65% through October.”

The hotel occupancy rate was flat in October when compared with October 2018 numbers. According to monthly data released today by Deadwood's City Finance Office, hotels in Deadwood had an occupancy rate of 47.82 percent for October 2019, which is up 0.15 percent when compared with October 2018.

"Deadwood’s hotel occupancy rate was relatively flat," said Rodman. "Because of less inventory, Deadwood hotel operators renting 115 less room nights than last October.

"Deadwood's October occupancy rate was better than the national October’s hotel occupancy decrease of 0.8 percent," Rodman added. “However, Deadwood’s occupancy rate was below the national hotel occupancy rate of 69.3 percent for October 2019."

Deadwood will celebrate the opening of the Outlaw Square on December 6th with local dignitaries, the Christmas Tree lighting, and a cornerstone ceremony performed by the Masons of South Dakota.



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