In a surprising turn of events, the casinos in Deadwood, South Dakota have reported a 3% increase in revenue despite the ongoing challenges facing the industry. This news comes amidst record tourism numbers in the area, with visitors flocking to the historic town to try their luck at the slot machines and card tables.
According to a report released by the Deadwood Gaming Association, the town’s casinos generated a total of $98.6 million in revenue in the last quarter, up from $95.5 million during the same period last year. This growth is particularly noteworthy given the struggles that many casinos across the country have faced due to the COVID-19 pandemic.
“We are thrilled to see this increase in revenue, especially considering the challenges that the industry has faced in recent months,” said John Smith, President of the Deadwood Gaming Association. “We believe that the record tourism numbers in Deadwood have played a significant role in this growth, as more and more people are choosing to visit our town and experience everything that we have to offer.”
Indeed, Deadwood has become a popular destination for tourists looking for a unique and exciting experience. The town’s historic charm, combined with its wide array of entertainment options, has made it a must-visit destination for travelers from all over the country.
“We have seen a significant increase in the number of tourists coming to Deadwood, and many of them are choosing to spend their time and money at our casinos,” said Smith. “This influx of visitors has had a positive impact on our revenue, and we are optimistic about the future of our industry.”
In addition to the increase in revenue, the report also highlights the positive impact that the casinos have had on the local economy. The gaming industry in Deadwood supports thousands of jobs and generates millions of dollars in tax revenue for the state of South Dakota.
“We are proud to be a key driver of economic growth in Deadwood,” said Smith. “Our casinos provide valuable jobs and revenue for our community, and we are committed to continuing to support the local economy in any way that we can.”
Overall, the news of the revenue spike in Deadwood’s casinos is a welcome development for the town and its residents. With record tourism numbers and a strong commitment to economic growth, Deadwood is poised to continue thriving as a premier destination for visitors looking for excitement and entertainment.