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Expanded Gambling May Come to Deadwood Casinos

Expanded Gambling May Come to Deadwood Casinos

The town of Deadwood in South Dakota has been struggling with a stationary gambling market for quite some time. This January gambling revenues were down 3.8% compared to the same month last year. As a result Deadwood casinos have turned to the Legislature for better ways to compete with casinos in other states.

Expanded Gambling May Come to Deadwood Casinos

A number of new bills may mean that casinos in Deadwood will be able to offer a greater variety of games.

Now there is a bill which will allow South Dakota voters to decide whether Deadwood casinos should be able to offer more games.

At present casinos can offer slot machines, poker and blackjack, if the bill is passed this will expand to include roulette, keno and craps. The bill has passed the House and will have its first Senate hearing on Wednesday.

A second proposed bill would allow casinos with hotel bars to sell alcohol twenty-four hours a day.

Deadwood Gaming Association Director Mike Rodman said, “All of the bills are part of our goal toward creating an integrated destination for Deadwood. They’re all part of being able to compete. They’re all designed to meet the needs that we’re hearing our customers ask for, what the convention sales people are suggesting that we do and also the group touring business. We have to compete.”

OCA News Editor

Jenny McKinnley is OCA’s financial correspondent. After spending years on the trading floor in both NY and London, she offers insight from the inside out on world financial news and events.

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