Indiana casinos see revenue dip in November

Monday, December 22, 2025 at 10:54 AM

By Staff report

Indiana’s commercial casinos generated $195.4 million dollars in gaming revenue in November, a 5.1 percent year-on-year decline from November 2024, according to the latest Indiana Gaming Commission figures.

The downturn reflects a broadly softer month across most of the state’s land-based casino market.

Key property results (YOY):

Hard Rock Casino Northern Indiana: $34,617,785 (down 7.2 percent)

Horseshoe Indianapolis: $26,755,813 dollars (down 2.7 percent)

Caesars Southern Indiana: $20,745,730 dollars (up from 19,548,209 dollars, +6.1 percent)

Harrah’s Hoosier Park: 19,645,517 dollars (down 8.1 percent)

Horseshoe Hammond: $18,782,245 dollars (down 12.9 percent)

Ameristar Casino: $12,125,764 dollars (down 9.3 percent)

Bally’s Evansville: $13,586,133 dollars (down 2.6 percent)

Hollywood Lawrenceburg: $12,348,062 dollars (down 0.9 percent)

Blue Chip Casino: $9,653,102 dollars (down 9.6 percent)

Terre Haute Casino: $10,329,905 dollars (down 1.9 percent)

French Lick Resort: $5,678,494 dollars (down 12.5 percent)

Losses at Horseshoe Hammond, Hard Rock Northern Indiana, and Harrah’s Hoosier Park were among the biggest drags on the statewide total.

“Indiana’s casinos took a step back in November, with revenue down just over five percent and most major properties finishing lower year on year,” said Alex Murphy, Digital PR Specialist at Casinos.com. “While Caesars Southern Indiana was a bright spot, the broader results point to softer play across the state at a time when operators are also navigating labor and development pressures.”

Beyond the revenue figures, the November report also comes alongside several notable industry developments highlighted in the article. These include continued labor activity at Horseshoe Indianapolis following dealer strike action, as well as ongoing attention around new casino projects and regulatory discussions that could reshape Indiana’s market over the coming years. Together, those developments add important context to a month where revenue momentum clearly softened.