SCCG · Licensing

Iowa Casino Revenue Falls 13.1% to $131.4 Million in August as Most Properties See Declines

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Iowa Casino Revenue Falls 13.1% to $131.4 Million in August as Most Properties See Declines
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Iowa casino revenue fell 13.1% to $131.4 million in August. Slots decreased 12.4% to $119.7 million while table games dropped 19.7% to $11.7 million. Only two of the 15 casinos reported year-over-year increases, per CDC Gaming.

SCCG Take — The data reveal significant performance disparity among Iowa operators. Property-specific factors appear to drive outcomes more than statewide trends.

Iowa casinos generated $131.4 million in revenue for August. This amount is down 13.1% from the previous August.

Data from the Iowa Racing and Gaming Commission detail the breakdown. The information was published by CDC Gaming.

Slots accounted for $119.7 million of the total. This segment declined 12.4% year over year.

Table games contributed $11.7 million. Table revenue fell 19.7%.

Only two casinos out of 15 saw revenue grow. Bally’s Marquette revenue climbed 31.5% to $2.5 million. Wild Rose Clinton revenue increased 7.1% to $2.9 million.

Rhythm City Casino posted the largest decline. Its revenue decreased 26.6% to $7.5 million. Great River Casino Resort revenue dropped 23.5% to $3.1 million. Grand Falls Casino Resort revenue was down 22.5% to $6.6 million.

The state’s top revenue earners were Prairie Meadows Racetrack and Casino at $20.1 million, Horseshoe Casino Council Bluffs at $12.4 million, Ameristar II at $11.3 million, and Riverside Casino and Golf Resort at $10 million.

Game Type Breakdown

The commission figures show clear dominance by slots. $119.7 million came from slot play compared to $11.7 million from tables. Both categories posted double-digit declines, with tables experiencing the larger percentage drop.

Individual Casino Results

Performance varied considerably. Two properties achieved growth while most others saw reductions. The largest drops reached over 20 percent at three named casinos. The leading four casinos generated between $10 million and $20.1 million each.

Reporting: CDC Gaming

Generated by SCCG’s automated editorial system from published source reporting. SCCG Management holds editorial responsibility.

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