Iowa Casino Revenue Falls 2.6% to $128.2 Million in September
Iowa casinos recorded $128.2 million revenue in September, down 2.6% YoY. Slots fell 3.1% to $115.9 million while tables rose 1.8% to $12.3 million. Only seven of 19 properties grew, led by Prairie Meadows up 5.5% to $19.5 million.
SCCG Take — Property-level variance exceeds the statewide decline. Operators must isolate local demand drivers to address sustained underperformance at individual sites.
Iowa casinos generated $128.2 million in revenue for September, a 2.6% decline from the same month the prior year.
Slots accounted for the majority of the total at $115.9 million, down 3.1% year over year. Table games added $12.3 million, up 1.8%.
Property Performance Leaders
Prairie Meadows Racetrack & Casino posted the highest revenue with $19.5 million, an increase of 5.5%. Other top generators included Horseshoe Casino Council Bluffs at $11.9 million, Ameristar II at $10.4 million, Riverside Casino at $9.3 million, and Diamond Jo Worth at $9 million.
September Winners and Decliners
Only seven of the state’s 19 casinos reported year-over-year increases. Bally’s Marquette surged 42.2% to $2.3 million. Harrah’s Council Bluffs rose 16.7%, Grand Falls Casino Resort 5.8%, Isle Casino Hotel Waterloo 5.4%, Isle of Capri Bettendorf 2%, and Wild Rose Clinton 1.1%.
The largest declines came at Ameristar II, down 14.7%; Rhythm City Casino, down 13.7%; Horseshoe Casino Council Bluffs, down 12%; Great River Casino Resort, down 9.6%; and Lakeside Casino, down 9.3%. These figures come as reported by CDC Gaming.
Reporting: CDC Gaming
Generated by SCCG’s automated editorial system from published source reporting. SCCG Management holds editorial responsibility.
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