September gaming revenue drops in Deadwood, South Dakota

October 26, 2022
By
Leer en Español

Gaming handle was down 5.4% in September of this year compared to 2021.

Deadwood, South Dakota saw a decrease in year-over-year gaming revenue in September with the gaming handle dropping 5.4% from the same month last year.

The slot machine handle also saw a 6% decrease year-over-year. The sports wagering handle was up 60.5% over September of last year – which was the inaugural month of sports betting. 

Gaming operators in Deadwood rewarded players with just under $1.5m in “free-play” for the month of September, leaving taxable adjusted gross revenues of $13,489,928 for September 2022.

Deadwood Gaming Association Executive Director, Mike Rodman, commented: "While September overall revenues were down slightly, 2022 has been another exceptional year for Deadwood gaming.

"We are currently close in year-to-date revenue with last year’s record-breaking year."

There was a bit of trouble in September for one particular casino in Deadwood, after it and one of its employees had their licenses revoked for placing illegal proxy bets on sporting events in the casino and engaging in other illegal activities. 

Toby Keehn, owner of Mustang Sally’s sports bar and casino in downtown Deadwood, and Jennifer Haefs were issued a $25,000 fine that must be paid by October 31. 

Text messages, surveillance video and transaction records showed that Haefs placed bets for Keehn and others at Mustang Sally’s. Proxy bet placing is a Class 6 felony which is punishable by up to two years imprisonment and a $4,000 fine.

Keehn told the South Dakota Commission on Gaming: "I'm incredibly sorry for my bad judgment."

The loss of the casino's retail license and sports-wagering license would close the establishment.

State-by-State

Product Spotlight

CasinoTrac

CasinoTrac is reducing handpay downtime by nearly 90% with SlotSUITE's Self-Pay & W-2 G printing at the slot machine.
GA HUDDLE #086

Michael Hershman - Dispelling casino 'myths:' New York needs to lose fear of the unknown

Michael Hershman, CEO of the Soloviev Group, joins Tim Poole on the Huddle to put forward his case that the Freedom Plaza is the way to go for one of New York's casino licences. He fields a variety of questions - not shying away from any of them - on why 'myths' about casinos and a fear of the unknown should be dispelled, as well as acknowledging the strength of rival bids and discussing opposition to the project.
GA HUDDLE #085

Christian Smith - Slot machines a "beautiful intersection of psychology and mathematics"

Bluberi's Christian Smith speaks to Gaming America in an enlightening Huddle. Topics include: the 'Australification' of US gambling, the blending of psychology and mathematics, and the rising trend of three-pot fillers.

As the Tribal gaming sector congregates once more in the Golden State, is it too cliché of me to suggest we are heading for a golden era of Tribal gaming? With the industry set to meet at the Indian Gaming Association t...

10-11-From-the-top
From The Top: Will youth be served by Sports Betting?
Two recent interviews in our Huddle podcast revealed to Las Vegas correspondent Brian Joseph just how young sports betting entrepreneurs are becoming.
12-GA-MAR-10-year-v2
The Global Gaming Awards: Rewarding Excellence
The 10th edition of the Global Gaming Awards took place in Las Vegas last year. Gaming America looks back... and ahead to this year's.
16-18-IGA-Preview
Preview: Indian Gaming Tradeshow & Convention
Gaming America looks ahead to the 2024 Indian Gaming Tradeshow & Convention and what attendees can expect when they arrive at the Anaheim Convention Centre.
20-22-GA-Mar-888-Holding-article
888 and the US Market: A cautionary tale
Gaming America explores the risk of resting on your laurels and the challenge of remaining relevant in a rapidly expanding market.