LINCOLN, Neb. (AP) — A consultant for the Iowa Racing and Gaming Commission is warning that the state’s gaming industry relies heavily on Nebraska gamblers for revenue and would lose a lot of business if its western neighbor decided to allow casinos.
Iowa has 18 state-licensed casinos scattered throughout the state, but nearly one-fourth of the industry’s revenue comes from Nebraskans, who mostly visit casinos across the Missouri River.
The consultant’s report says Nebraskans generated nearly $327 million in gross revenue for Iowa casinos last year. Total gross revenue for the casinos was $1.4 billion, of which 53 percent came from Iowa gamblers.
Casino supporters in Nebraska say it’s unlikely the state will allow casinos soon, but the Iowa report by Union Gaming Analytics predicts it will happen eventually.
(AP)–2013 Iowa Casino Gross Gaming Revenue
Iowa Gamblers: $748.04 million
Nebraska: $326.9 million
Illinois: $123.66 million
Minnesota: $69.8 million
Wisconsin: $52.63 million
South Dakota: $44.65 million
Missouri: $11.1 million
Kansas: $5 million
All other states: $34.87 million
TOTAL: $1.416 billion