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2018 First Half Casino Revenues: Flooding Hurt Rising Star And Belterra, But Hollywood Benefited

Eagle Country 99.3 has tallied the numbers for Hollywood Casino Lawrenceburg, Rising Star Casino Resort in Rising Sun, and Belterra Casino Resort to see how local revenues are trending when compared to the first half of 2017. Flooding on the Ohio River in February and March harmed two of the casinos’ money-making ability last spring, while helping the third. Both Belterra Casino and Rising Star Casino had to shut down for several days as the Ohio River reached its highest flood level since 1997. At Belterra Casino, both revenue and visits for the first half of 2018 were down. The $54.5 million brought in during the first half was a decline of only 0.39 percent. Visits were down markedly by 11.7 percent to 475,984. Pinnacle Entertainment, which owns Belterra Casino and Belterra Park in Cincinnati, acknowledged the impact of lost revenue and cleanup on the two properties at several million dollars. Rising Star Casino’s revenue suffered the biggest percentage decline locally. The revenue was off 2.99 percent to $22.1 million.

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