Florida's Commercial Casinos: Last Month's Figures
Florida's non-tribal casinos see a minimal 0.1% drop in revenues compared to the same period last year, as reported in February.
Yo-Yo Slot Revenue Instants Variety Voyage* By Charlotte Capewell, Straight Up
Send this storyRiding the slots wave, Florida's eight non-tribal casinos accumulated a net $58.4 million from slots last month, dipping slightly compared to the $58.5 million in February 2024.
The Florida Gaming Control Commission recently spilled the beans that just two of the eight casinos pulled in more than $10 million - Harrah's Pompano Beach Casino ($11.1 million) and Magic City Casino ($11 million). Four others saw slot revenue above $5 million - Hialeah Park Casino ($8 million), Calder Race Course ($7.3 million), Casino Miami ($7.1 million), and Gulfstream Park Racing & Casino ($5.7 million).
Harrah's Pompano Beach Casino took a dive, dropping 6.4% from its February 2024 figures of $11.8 million. But Magic City Casino bucked the trend, pumping up its net slot revenue to $11 million in February, a 7.4% year-over-year increase over $10.2 million.
Hialeah Park Casino and Gulfstream Park Racing & Casino also pocketed year-over-year revenue gains for February. Hialeah Park saw a 3.2% boost, going from $7.7 million, while Gulfstream Park Racing & Casino raked in an 8.4% year-over-year increase from $5.3 million.
But Calder Race Course and Casino Miami slid downhill, with declines of 8.9% and 8.8%, respectively.
Trending: Florida's top online casino, Hard Rock Digital, keeps its winning streak with Florida's only online sports betting monopoly.
What's the score on top-grossing commercial casinos in Florida?
Alas, as of recently, it seems there ain't no definitive ranking to brag about the top-performing commercial casinos in Florida based on February 2024 net slot revenue. But here's a bit o' info about Florida's casino scene:
- Casino landscape: Florida features a splash of top casinos in its sunny state, like Seminole-run casinos such as Seminole Hard Rock Hotel & Casino Tampa and Hollywood, and racinos (casinos at race tracks) like Calder Casino in Miami and Gulfstream Park in Hallandale Beach. Online big-timer, Hard Rock Digital, has also carved out a poppin' niche with its nonpareil online sports betting monopoly in Florida[3].
- Revenue metrics: The U.S. gambling industry has seen a rollercoaster ride with fluctuating revenues from casino slots and table games in recent times. However, the online gaming sector's popularity has been soaring like a hawk[2]. For cash details from Florida's commercial casinos, you'd best look to state or tribal reports, as they'd likely have the specific data you crave.
Wanna know the nitty-gritty about specific Florida casinos? These guys'd be the ones to hit up for the information you need – local gaming honchos or industry reports[1].
- The Florida Gaming Control Commission revealed that in February 2024, both Harrah's Pompano Beach Casino and Magic City Casino had slot revenue exceeding $10 million, a significant milestone for Florida's commercial casinos.
- In contrast to Harrah's Pompano Beach Casino, which saw a decrease in its slot revenue, Magic City Casino experienced an increase of 7.4% year-over-year, indicating a financial improvement.
- Looking ahead to 2024, it is expected that the finance scene in Florida's commercial casinos will remain dynamic, with casinos like Hialeah Park Casino and Gulfstream Park Racing & Casino also recording year-over-year revenue gains for February.
