Home » Blog » iowa casino revenue drops by 12 in april compared to the month before

Iowa Casino Revenue Drops By 12% In April Compared To The Previous Month

olivertaliku

Iowa casino revenue saw a month on month decline in April this year, with figures dropping dramatically by 12% from March to $143.8 million.

Iowa Casino Revenue For April

After posting a positive month for casino revenue in March, Iowa land-based casinos have reported a decline in numbers though April with a disappointing drop of over $20million.

The Iowa Racing & Gaming Commission have released casino figures for April – with $143.8m in revenue generated through the first month of Q2 this year.

Prairie Meadows Racetrack & Casino on the outskirts of Des Moines was the most successful land-based casino in Iowa during April, with $19.9m reported income.

Following just behind the casino in Des Moines was the Horseshoe Casino Council Bluffs in Omaha – which managed to generate $15.5m while also contributing $3.3m to the state tax.

A total of $28.2m in state revenue was generated between the 19 land-based casinos in Iowa during April.

Iowa Slot Machines & Table Games Struggle During April

The main reason Iowa casino revenue declined through April was due to the lag in slot games and table games with both monthly and yearly numbers dropping.

Within the 19 land-based casino in Iowa $129.1m was generated from 14,253 slot machines – an 8% decline on April 2023 figures.

The drop in slot games revenue was even bigger when looking at the month-on-month comparison, which showed a 17% decline from the $147.5m generated through March 2024.

It wasn’t just slot games that saw a decline in revenue, with table games at the land-based Iowa casinos also struggling.

Income from Iowa’s 439 table games at land-based casinos dropped by just 4% in April, with a total of $14.7m generated. Blackjack was responsible for $4.3m, while craps tables returned $2.1m.

olivertaliku

Olly Taliku has worked with highly respected sports and gambling websites where he has produced hundreds of articles, as well as being published with Burton Albion and Chesterfield FC. At Burton Olly worked closely alongside the women's team, producing mainly matchday content including reports and interviews, while at Chesterfield he worked in a similar role but with the academy side, as well as some first team content. He also has experience as an accredited Premier League and EFL writer for Prost International where he worked during the 2021/22 season to produce matchday content as an on location reporter. Olly specialises in football as well as long form SEO content plus news, tips and betting but also produces content on basketball, baseball and American football.