Des Moines, Iowa — This is the final month of the fiscal year for Iowa’s state-licensed casinos, and it appears competition across the boarder will impact the year-end revenue total.
Racing and Gaming Administrator, Brian Ohorilko.
Harrah’s Casino and the Horseshoe Casino in Council Bluffs in southwest Iowa both saw revenue drop in April and May.
Harrah’s was down roughly 634 thousand dollars in gross revenue in May of this year and around 300 thousand in April compared to last year. The Horseshoe Casino was down around three million dollars in May, and one-and-a-half million in April of this year. Ohorilko says the drop is not a major concern.
One of the newest casinos in Nebraska is the Grand Island Casino in Grand Island, which is run by the same corporation that runs the Grand Falls Casino near Larchwood, Elite Casino Resorts.
The 19 state casinos brought in more than one-billion-766-thousand dollars in the last fiscal year.
