Deadwood gaming hits a jackpot in July

With 2,915 machines reporting revenue in the amount of $112 million, the slot machine handle in Deadwood was up more than 14% in July, compared to the same month in 2018. Pioneer photo by Jaci Conrad Pearson

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DEADWOOD — For the fourth month in a row, Deadwood gaming experienced gains, as statistics released Friday by the South Dakota Commission on Gaming show a stellar 13.35% increase in July, compared to the same period in 2018. 

“2019 continues to be Deadwood’s turnaround year,” said Mike Rodman, executive director of the Deadwood Gaming Association.” We are pleased to have a year to date increase of 5.24% through July.”

Gamers visiting Deadwood in July dropped $118.3 million in machines and on tables, a 13.35% increase from 2018, resulting in roughly $11 million in taxable adjusted gross revenues for the industry in July.

Of that, 9%, or $958,122, was collected as state tax and distributed to various entities across the state.

Under the handle comparison category, the total amount bet, table games in July had a handle of roughly $7 million, up 2% compared to July 2018 levels. Under this same category, slot machines had a handle of $111.7 million in July, up 14.1% compared to July 2018. Thus far this year, table games have had a handle of $42 million, a 7% increase compared to 2018 levels, and slot machines have had a handle of $613 million, a 5.15% increase compared to 2018 levels. 

Thus far in 2019, the collective handle in Deadwood has been $655 million, up 5.24% compared to the same period in 2018.

According to the gaming report, approximately 2,915 slot machines accounted for roughly $111.7 million in coin in, with gamers winning around $101. 5 million with an estimated average payout of 91%, leaving a statistical win of around $10.1 million for the slot category in July. The two largest contributors were 2,268 penny machines, with $83 million in coin-in, which generated roughly $8 million in statistical win and a 91% payout to players, followed by 286 dollar machines, with $11.2 million in coin-in, which generated roughly $768,847 in statistical win, and a 93% payout to players.

With 95 tables reporting revenue, table games generated a drop of $6.7 million in July and an estimated statistical win of $1.2 million, with an average payout to players of 81%. The leading revenue generator in this category was blackjack, with 38 tables reporting a drop of roughly $2.8 million and a statistical win of $368,659, with an 87% payout to players.

Five craps tables in town generated a drop of $535,060, a statistical win of $149,838, and a 72% payout to players; eight roulette tables in town generated a drop of $309,067, a statistical win of $67,394, and a 78% payout to players.

Rodman said Deadwood gaming operators rewarded players with $1,712,026 in “free-play” for the month of July.

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