Kentucky slot parlors up in April – CDC Gaming

Revenue from Kentucky’s historical horse racing machines (HHRs) was 8.5 percent higher on a same-store basis in April. That comparison excludes Churchill Downs’s new Marshall Yards facility, which opened with 190 HHRs (subsequently enlarged to 206) on February 25. Marshall Yards did $1.5 million in business in April. It averaged $236 per HHR.
The smallest slot parlor in Kentucky, Marshall Yards was dwarfed in inventory and revenue by Churchill Downs’s Derby City casino. Its 1,242 machines averaged $528 apiece for $19.7 million, a 0.2 percent increase.
HHRs at the Bluegrass State’s second-largest racino, Oak Grove, averaged $416 per day. The 1,223-machine property grossed $15.3 million, a 6.7 percent surge.
The third-highest gross occurred at the Turfway Park racino, which hosts 785 HHRs. They averaged $285 daily per machine, for a gross of $6.7 million, a jump of 7.9 percent.
Owensboro’s $4.4 million gross marked a 21.8 percent leap for the property. Its 574 machines averaged $258 apiece daily.
Newport saw a 6.4 percent increase for a gross of $3.5 million, averaging $265 daily.
Although the Ellis Park racino only grossed $2.2 million for the month, that represented a 77.2 percent eruption in revenue. It averaged $279 per day from 264 machines.
The only revenue-negative casino was Derby City Downtown, which slipped 2.3 percent to $1.7 million. It averaged $131 per machine per day from its 435 gaming devices.
David McKee is a longtime contributor to CDC Gaming with 47 years of journalism experience. Writing from Augusta, Georgia, he draws on two decades working with the Las Vegas gaming industry, turning complex developments into clear and engaging analysis.

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