Nebraska's 2 casinos generate more than US$1.2M in January tax revenue
Friday 24 de February 2023 / 12:00
2 minutos de lectura
(Nebraska).- Nebraskans wagered their most money ever last month at the state’s two horse track casinos. WarHorse Lincoln and the Grand Island Casino Resort combined to produce more than $1.25 million in gaming taxes in January.
WarHorse Lincoln and the Grand Island Casino Resort combined to produce more than $1.25 million in gaming taxes in January, the first time that both casinos were open for the entire month. The state’s casino tax is 20% of gross revenue, so that indicates the two casinos made nearly $6.3 million combined in January.
WarHorse Lincoln accounted for more than $809,000 in tax revenue. That was better than December numbers, but slightly below October and November, when the Lincoln casino had no competition. WarHorse opened in late September. The Grand Island casino produced almost $450,000 in tax revenue in its first full month of operation. The casino at Fonner Park opened in late December.
The two casinos, both operating in temporary spaces until new facilities are built, have now generated more than $4 million in tax revenue in just over four months of operation. The bulk of the tax collections, 70%, goes into a state property tax relief fund. That distribution was more than $566,000 in January and is more than $2.5 million since the casinos opened.
Cities and counties where casinos operate split 25% of the gaming tax proceeds. In January, that was a little over $100,000 each to Lincoln and Lancaster County, and since WarHorse opened, each has received a little over $450,000.
Gambling in Lincoln and Grand Island has been limited to slot machines added at temporary casinos at the horse tracks. Both hope to add sports betting soon.
In Omaha, WarHorse Gaming is in the process of transforming Horsemen’s Park into a casino, racing and entertainment complex. The project — which involves renovating the existing complex and adding nearly 67,000 square feet in new construction — got underway in July. At the time, WarHorse said it anticipated opening the renovated space in the spring, with the entire facility coming online in early 2024.
Categoría:Casino
Tags: casinos,
País: United States
Región: North America
Event
GAT EXPO CARTAGENA DE INDIAS 2024
09 de April 2024
Fast Track pushes innovation and customisation in the iGaming industry at GAT Expo 2024
(Cartagena de Indias, Exclusive SoloAzar) - At GAT Expo Cartagena 2024, Fast Track stood out with its innovative CRM solutions designed specifically for the iGaming industry. Muriel Le Senechal, Solutions Consultant at Fast Track spoke about her good experience at the show, the exceptional feedback at Fast Track's booth, which impressed visitors with its real-time data integration and AI and finally reflected on GAT's 25th anniversary as an evolution in the Latin American gaming industry.
Thursday 18 Apr 2024 / 12:00
Rocío Moitino from AIR DICE: “GAT has developed into a key event for the industry”
(Cartagena, SOLOAZAR Exclusive).-After AIR DICE's visit to the twenty-fifth edition of GAT Expo Cartagena 2024 Rocío Moitino, the company's Sales Director, reviews with us the highest points of the successful exhibition that took place at the Center of Las Américas Conventions, Cartagena de Indias, Colombia.
Wednesday 17 Apr 2024 / 12:00
NOVOMATIC was the epicenter of innovation and entertainment at GAT Cartagena
(Gumpoldskirchen).– GAT Expo, one of the flagship events of the Latin American gaming industry, commemorated its 25th anniversary from April 9 to 11 at the Hotel Las Américas in Cartagena de Indias. As a platinum sponsor, NOVOMATIC dazzled with a superb display of solutions, led by the NOVOMATIC Gaming Colombia team, the local subsidiary of the Austrian Group, and with the participation of renowned executives from Peru, Serbia, Austria and Ecuador.
Wednesday 17 Apr 2024 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.