Iowa's casino earnings rose a notable 4.9% in August compared to the previous year.
Iowa Casinos See Revenue Growth in August 2022
Iowa's casino industry reported a collective revenue of $151.2 million in August 2022, marking a 4.1% increase from the same month the previous year, according to the Iowa Racing and Gaming Commission.
Prairie Meadows, the state's largest casino, led the pack with a revenue of $21.1 million. This represents a 6.2% year-over-year increase and a $1.3 million boost compared to the previous year's $19.8 million. Prairie Meadows was followed by Isle Casino Waterloo, which saw the biggest revenue increase, with a 31.9% rise from $7.1 million to $9.4 million.
Rhythm City reported revenue of $10.3 million, a 5.5% increase year-over-year, and Diamond Jo Worth generated $10.5 million, an increase of 10.1% compared to the previous year. However, Horseshoe Council Bluffs saw a 1% decrease in revenue, reporting $15.3 million, and Riverside Casino had a 1.7% decrease, with revenue of $11.1 million.
Unfortunately, the names of the casino in Iowa that recorded the largest revenue increase in August 2022 and the revenue for the remaining 13 casinos in Iowa, excluding Prairie Meadows, are not provided in the available search results.
The total slot revenue in August was $136.7 million, up 4.1% from the previous year's $131.2 million. Table games revenue also saw an increase, reaching $14.5 million, a 12.1% rise year-over-year.
Of the state's 19 casinos, only five reported revenue declines. Wild Rose Jefferson had the greatest revenue decline last month, dropping 4.9% from $3.1 million to $2.9 million.
The revenue for the remaining 14 casinos in Iowa is not specified in the article. The revenue figures were published by the Iowa Racing and Gaming Commission.