Snow freezes Indiana casino revenues

The snowy weather in the Northeastern part of the United States has dampen the revenues of several casinos in December.

Citing the recent Indiana Gaming Commission (IGC) report, the Chicago Tribune reported that the revenues of the region’s five casinos posted an 11.6 percent slump last month due in large part to snowy weather.

The five casinos raked in a total of $73.27 million in December, compared to the $82.85 million in the same period in 2015. Total revenues of Indian from January through December slipped 2.8 percent compared to 2015.

Steve Cox, vice president of finances for Horseshoe Hammond, attributed December’s decline to “Weather, weather, weather.” He added that Christmas Eve falling on a Saturday also contributed to the revenue decline.