Deadwood Gaming Supports Government Entities Throughout South Dakota
The casino gaming industry provides over 1,175 direct jobs to South Dakota citizens with a payroll of over $46 million per year, and annual employment surveys continue to reflect that the casino industry consistently pays higher wages than similar jobs in other areas. In addition to above-average wages, casino employees receive competitive fringe benefits in the areas of meals, retirement and pension plans, health and life insurance, and exceptional promotional opportunities.
In the 2019 fiscal year, the total adjusted gross gaming revenue was over $100 million, a 2.86% increase from the 2018 fiscal year. However, focusing solely on current “coin in” stats downplays the massive, positive impact Deadwood’s primary industry has had across the state for decades.
Deadwood Gaming Impact
Through the Years
November 1, 1989 to June 30, 2020
South Dakota Tourism – Over $66.1 million
South Dakota General Fund – Over $51.3 million
South Dakota Commission on Gaming – Over $35.9 million
South Dakota Historical Preservation – Over $2.6 million
Department of Human Services – Over $307,000
Lawrence County – Over $17.7 million
Lawrence County School Districts – Over $5 million
Lawrence County Municipalities – Over $5 million
Every year, casinos make significant contributions to charities and civic projects across the state. In addition, DGA actively promotes responsible gaming with our involvement in the South Dakota Council on Responsible Gaming, which provides the statewide, toll-free gaming helpline 1-888-781-4357, a 24-hour helpline service where problem gamers and their loved ones can get treatment referrals.
Deadwood Gaming continues to make a difference in the lives of South Dakotans through our continued commitment to play a positive role in the state’s economy.
Staying at the forefront of the gaming industry’s trends is vital if we (Deadwood and the state of South Dakota) want to continue to rely on this important economic engine. Deadwood protects the past by keeping an eye on the future.
Sports Wagering in South Dakota
STATEMENT ON SPORTS WAGERING LEGISLATION
DEADWOOD, S.D. (01/03/2020) –We continue to be grateful to the voters of South Dakota for their support of Deadwood gaming and are happy to announce that we are supporting SB 44, with its amendments, which is Governor Noem’s enabling legislation on allowing legal sports wagers in Deadwood. Giving Deadwood the tools it needs to stay competitive nationally as an integrated gaming destination with legal sports wagering is greatly appreciated.
Deadwood will continue to uphold its promises to the people of South Dakota as great partners with South Dakota Departments of Tourism and Historic Preservation, along with our contributions to Deadwood Historic Preservation, Lawrence County, and area school districts and municipalities through gaming revenue taxes.
We look forward to working with the legislature to get Senate Bill 44 passed so Governor Noem can sign it and we can implement the voters’ wishes for legal sports wagering. Hopefully, we will be able to accept sports wagers by late summer.
Thank you again for your support of Deadwood.
Deadwood Gaming Association
PO Box 354
Deadwood, SD 57732
The Facts about Sports Wagering
- Until May of 2018 when the U.S. Supreme Court overturned the federal sports betting ban, Nevada was the only state that offered legal, regulated single-game betting on both college and professional sports. Now, each state and sovereign tribal nation has the opportunity to set their own policy and legalize and regulate sports betting.
- Studies show South Dakotans prefer to place their sports wagers in a safe, regulated, legal environment, when allowed to do so.
- Deadwood needs to continue to be a competitive gaming destination, providing the same gaming offerings as surrounding gaming jurisdictions.
- Iowa began sports wagering in August of 2019, Montana began in March of 2020 and Colorado began in May of 2020.
- According to the American Gaming Association, as of January 2021 sports wagering is legal in 25 states and the District of Columbia, and live sports wagering is happening in 20 of those states.
- According to an Oxford Economics study, commissioned by the AGA, sports wagering in South Dakota will provide:
- 22.1 million in additional gaming revenue
- 2.2 million in additional gaming taxes
- 152 direct gaming jobs with
- 6.1 million in additional income
Additional Information about Sports Wagering