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Arkansas Casino See Slump of Game Wins in June

Arkansas Casino See Slump of Game Wins in June

Posted: July 16, 2021, 02:46 h.

Last updated: July 16, 2021, 04: 24h.

Larry Henry

The three Arkansas casinos won prizes in June, but less than last month. Casino prizes were low in all categories, including "terminals" such as sports betting, table games and slot machines.

Jockeys celebrate at the end of a race on the historic Oak Lane Horse Track in Hot Springs, Arkansas. Oak Lawn and other casinos in the state did not win in June more than the previous month. (image:All about the race)

In June, at Oak Lawn Racing Resort, sportsbook handles increased monthly, but not. The Arkansas Racing Commission has won, according to numbers released this week. The sportsbook handle at Oak Lawn in June was $ 1.4 million, while the handle in May was about $874,000. The handle is the bettor's amount bet on a live sporting event.

However, the winning bettor was paid. Oak Lawn sportsbooks are less in $33, 0526 June than in May.

Oak Lawn reported a low overall number of game wins, including sportsbook results. .. These lower sums lowered the resort's overall net win from $. .. From $ 3 million in May to $12 .5 million in June.

The casino and historic racetrack are located in Hot Springs, about an hour southwest of the center. Located in the state capital, Little Rock.

For decades, the casino was operating illegally, but even the authorities were openly operating in Hot Springs. Shut down the game hall in 1960. Oak Lawn is the only place in Hot Springs where casino gambling is legal.

Sudden fallout in Southland

The biggest falloff of the overall Netwin occurred at Southland Casino Racing in West Memphis. The casino won $20. 5 million in May, but $16. 9 million in June. Much of the casino prize decline occurred on terminal machines that fell below $. .. From $ 4 million in May to $14. 7 million in June. Southland also has a low total win in table games and sports books.

Southland won monthly prizes this spring, but casino wins are declining. This is believed to be due to the closure of a bridge that obstructs the flow of traffic from the metropolitan area of Memphis, Tennessee to West Memphis.

Damage to the primary support beam on the 40 Interstate Bridge left the Mississippi River's six-lane span closed for repairs from May. The closure of the busiest freight bridge in the United States is expected to continue until at least the end of July. The lack of casinos in Tennessee makes Memphis an important market for Southland.

Southland is one of the last legal dogs. Country truck. Greyhound trucks are also in operation in Iowa and West Virginia. However, dog races are expected to end next year in Arkansas and Iowa. This makes West Virginia the only state to have legal dog racing.

Total state tax is reduced

Pine Bluff's Saracen Casino Resort also took less money in June than the previous month. Pine Bluff is about 45 miles south of Little Rock.

In May, Saracens' net wins in all casino games were about $ 1.5 million. The overall casino win in June was $ 1.4 million.

Due to the small sum of these wins at each casino, the state collected $ 1 million less tax in June than in May. The total state tax collection from casinos has been declining for several months.

In April, the state collected a combined tax of $ 9.9 million for the three casinos. The state's casino tax withholding in May was approximately $ 7.8 million. The total amount for June was $ 6.7 million.