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Iowa casino revenue dipped slightly month on month in August, while sports betting revenue spiked up 27% in August, according to the latest data from the Iowa Racing and Gaming Commission (IRGC).
Most Iowa casinos saw a revenue loss for table games and slots in August
This past month saw adjusted gross revenue from Iowa’s 19 casinos total $143.16 million, down from $150.04 million in July, representing a roughly 4.7% decrease.
Here’s how the casino revenue numbers looked in August compared to Iowa’s revenue totals in July:
| Casino | July Revenue | August Revenue | % Change, Month-on-Month |
|---|---|---|---|
| Ameristar II | $15,547,200 | $14,628,845 | -5.91% |
| Casino Queen - Marquette | $1,876,479 | $1,760,720 | -6.17% |
| Catfish Bend Casino | $3,958,885 | $3,596,099 | -9.16% |
| Diamond Jo - Dubuque | $6,676,891 | $6,456,972 | -3.29% |
| Diamond Jo - Worth | $8,792,960 | $9,195,089 | 4.57% |
| Grand Falls Casino Resort | $8,731,905 | $8,190,777 | -6.20% |
| Hard Rock Casino | $7,776,833 | $7,356,721 | -5.40% |
| Harrah's Council Bluffs | $6,158,029 | $5,913,932 | -3.96% |
| Horseshoe Casino Council Bluffs | $17,053,589 | $15,805,904 | -7.32% |
| Isle Casino Hotel Waterloo | $7,708,138 | $7,336,231 | -4.82% |
| Isle of Capri - Bettendorf | $5,896,866 | $5,400,886 | -8.41% |
| Lakeside Casino | $4,208,594 | $4,071,510 | -3.26% |
| Prairie Meadows | $20,776,961 | $20,751,607 | -0.12% |
| Q Casino | $4,381,481 | $3,922,065 | -10.49% |
| Rhythm City Casino | $9,735,924 | $9,121,715 | -6.31% |
| Riverside Casino and Golf Resort | $11,581,161 | $11,211,676 | -3.19% |
| Wild Rose - Clinton | $2,981,217 | $2,736,826 | -8.20% |
| Wild Rose - Emmetsburg | $3,040,673 | $2,690,484 | -11.52% |
| Wild Rose - Jefferson | $3,156,204 | $2,690,484 | -14.76% |
| Total` | $150,039,990 | $143,163,123 | -4.58% |
The top five Iowa casinos for table games and slots revenue this past month were:
- Prairie Meadows Racetrack and Casino: $20.8 million
- Horseshoe Casino Council Bluffs: $15.8 million
- Ameristar II: $14.6 million
- Riverside Casino and Golf Resort: $11.2 million
- Diamond Jo (Worth): $9.2 million
All but one casino tallied monthly revenue losses in August, with Wild Rose’s Jefferson and Emmetsville locations and Q Casino logging double-digit losses.
Diamond Jo (Worth) was the only casino to see its revenue go up. The property was up 4.57% in August.
Iowa sports betting revenue up nearly 28% in August
While table games and slots at casinos struggled to grow revenue in August, Iowa’s land-based sportsbooks had no such problems, generally speaking.
Land-based sports betting revenue was up 27.8%, or $3 million, month-on-month. Three casinos drove more than half of that growth according to the IRGC’s August revenue report:
- Ameristar II
- Diamond Jo (Worth)
- Horseshoe Casino Council Bluffs
| Casino | July Revenue | August Revenue | % Change, Month-on-Month |
|---|---|---|---|
| Ameristar II | ($5,415.04) | $577,811.39 | 10,770.49% |
| Casino Queen - Marquette | $664,716.99 | $434,881.5 | -34.58% |
| Catfish Bend Casino | $173,031.40 | $170,268.23 | -1.60% |
| Diamond Jo - Dubuque | $3,272,764.22 | $3,537,524.65 | 8.09% |
| Diamond Jo - Worth | $1,177,986.88 | $1,680,578.69 | 42.67% |
| Grand Falls Casino Resort | $138,572.63 | $236,962.66 | 71.00% |
| Hard Rock Casino | $51,077.82 | $118,593.40 | 132.18% |
| Harrah's Council Bluffs | $161,796.54 | $250,839.81 | 55.03% |
| Horseshoe Casino Council Bluffs | $39,254.34 | $600,549.13 | 1,429.89% |
| Isle Casino Hotel Waterloo | $312,161.09 | $342,600.88 | 9.75% |
| Isle of Capri - Bettendorf | $284,610.01 | $332,635.39 | 16.87% |
| Lakeside Casino | $113,742.63 | $35,439.40 | -68.84% |
| Prairie Meadows | $643,757.7 | $821,324.63 | 27.58% |
| Q Casino | $52,369.27 | $77,296.50 | 47.60% |
| Rhythm City Casino | $7,855.95 | $0 | -100.00% |
| Riverside Casino and Golf Resort | $1,993.69 | ($4,354.37) | -318.41% |
| Wild Rose - Clinton | $940,561.82 | $1,278,139.79 | 35.89% |
| Wild Rose - Emmetsburg | $992,633.39 | $1,223,717.26 | 23.28% |
| Wild Rose - Jefferson | $1,545,517.10 | $1,792,471.38 | 15.98% |
| Total` | $10,568,988.51 | $13,507,280.39 | 27.80% |
