One Month In, Tropicana Evansville Revenue Rises

Moving ashore made a huge difference at Tropicana Evansville (l.), which, in its first full month a land-based casino, posted gross revenue of $11.94 million in November, up from $10.66 million in October 2017 and $8.8 million in November 2016. The $50 million property opened October 20, after Indiana lawmakers allowed land-based casinos in 2016.

One Month In, Tropicana Evansville Revenue Rises

In its first month of operation as a land-based casino, the $50 million Tropicana Evansville, which opened October 20, posted November gross revenue of $11.94 million, up from $10.66 million in October 2017 and $8.8 million in November 2016, according to Indiana Gaming Commission figures. Total November taxes were $2.91 million, up from $2.45 million in October 2017 and $2.02 million in November 2016.

Tropicana Evansville General Manager John Chaszar said, “The casino is performing at our expectation. We knew there would be a bump with the move ashore.”

Tropicana Evansville opened as a riverboat casino in 1995. In 2016 the state legislature voted to allow riverboat casinos to move onto land. At the same time admission taxes were dropped and casinos now pay a supplement 3 percent tax on gross gaming revenue.

The venue offers more than 1,000 slot games, 30 table games and a poker room, plus two restaurants and an entertainment lounge.