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Deadwood Sees Gaming Up Big in November with Revenue Over $7 Mil


Pandemic be damned, people in the United States are going to gamble and the numbers in many parts of the midwest are proving that theory correct.
The state of South Dakota is seeing a similar trend for revenue in their gambling hot spot of Deadwood.
When comparing November of 2019 to November of 2020, Deadwood saw a increase of over 13% in total bets and a overall taxable revenue of over $7 million according to a report from the South Dakota Gaming Commission.
The COVID-19 pandemic wrecked havoc on the gaming industry world wide in the first part of 2020, but some have been able to bounce back nicely including Deadwood. ....

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Deadwood gaming officials hopeful Sports Betting amendment will help gambling, community revenue


KNBN NewsCenter1
Deadwood gaming officials hopeful Sports Betting amendment will help gambling, community revenue
Officials of the Deadwood Gaming Association estimate that sports betting could provide a 15-percent increase in annual revenue.
December 17, 2020
DEADWOOD, S.D. In November, South Dakota voters cast their votes in favor of sports betting in the state. It’s currently legal in 20 states, with six recently passing bills legalizing it, including South Dakota. In Deadwood, the changes go into effect on July 1, 2021.
Officials estimate an annual increase of about $6.8 million in sports betting revenue and an overall gaming jump in revenue of about $22 million.
With the increase, casino owners are also looking to prepare their properties for the new way to gamble. ....

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