Nov 29, 2021

Sports betting drives 20% boost for Deadwood casinos

Posted Nov 29, 2021 4:16 PM

DEADWOOD, S.D. (AP) — New data indicates the addition of sports betting drove a 20% revenue increase for Deadwood casinos in October.

The Rapid City Journal reports that a South Dakota Commission on Gaming report shows the casinos generated 20.54% more revenue last month than in October 2020.

Gamblers shelled out more than $116 million in slots, $8.3 million in table game bets and $815,036 in sports bets.

All in all they spent more than $125.7 million on wagers in October.

Through the first 10 months of the year they've spent almost $1.3 billion on wagers.

That's up nearly 40% from 2020, when casinos were temporarily closed due to the COVID-19 pandemic.

The gaming commission authorized sports betting in September.