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Deadwood Gaming Distrubutes $18,137,488 to Governmental Entities through Gaming Revenue Taxes and Fees in FY 2023

Clubs and Organizations

December 14, 2023

From: Deadwood Chamber Of Commerce

DEADWOOD, SD – The South Dakota Commission on Gaming recently released their Fiscal Year 203 (July 1, 2023 through June 30, 2023) annual report showing distributions to state, county, municipal governments and school districts totaling $18,137,488 from gaming revenue taxes paid by Deadwood Gaming operators.
 
“These governmental entities rely on the revenues produced by the Deadwood gaming industry,” said Mike Rodman, Executive Director of the Deadwood Gaming Association. “This is why a healthy gaming industry is beneficial to the interests of all South Dakotans.”
 
“Total adjusted gross gaming revenue for the 2023 fiscal year was $137,716,732, an increase of .34% from fiscal year 2022.” Rodman continued, “The industry is pleased to announce that we generated $4,327,111 for the South Dakota Department of Tourism, $3,314,546 to the state general fund,  $1,671,113 for the South Dakota Commission on Gaming, $100,000 to South Dakota Historic Preservation, $30,000 to the South Dakota Department of Human Services, $1,081,778 to Lawrence County, $280,618 to the municipalities of Spearfish, Lead, Whitewood and Central City and another $280,618 to the Lead/Deadwood, Spearfish, Meade and Belle Fourche school districts with the balance of the distribution going to the historic preservation and restoration in the City of Deadwood.”
 
“The Deadwood gaming industry is proud of the positive financial impacts of Deadwood gaming throughout South Dakota.”