Southeastern Indiana riverboat casino profits raised in January comparing to the last year January, the Argosy casino profits rose in 12 percent and Grand Victoria casino earned 18 percent more in gambling profits than January 2005.

The casinos operators believe that the increase in Southeastern Indiana riverboat casinos profits is a result of the warm weather. Grand Victoria decision to open the casino for 24 hours a day and seven days a week contributed to its rise in profits as well.

Unlike the Argosy and the Grand Victoria casinos, Belterra riverboat casino saw a drop of 15 percent of its revenues to 12.3 million dollars in January. According to Belterra general manager Larry Buck, the growing number of winners in table games caused the casino to pay out 17 percent more than the average payout. In addition, the Belterra profits during 2005 January increased due to flooding caused their competitors Caesars casino to be shut for 10 days.