Iowa casinos enjoy year-over-year revenue spike in May

Saturday, June 15, 2024 3:04 PM
Photo:  Rendering of Key Hotel/Q Casino + Resort (courtesy)
  • J.R. Duren, PlayUSA

The revenue dip Iowa casinos felt in April didn’t last long. According to the latest data from the Iowa Racing and Gaming Commission (IRGC), the state’s 19 casinos generated $148.8 million in adjusted gross revenue (AGR) in May, up 2.4% from April and 3.5% from May 2023…

Iowa casinos logged $148.8 million in revenue in May, up around $5 million from April. The state’s top three casinos accounted for more than half of the monthly revenue growth…

May was a strong month across the board for Iowa casinos. Fifteen out of 19 properties posted positive revenue gains, as noted on the IRGC’s May 2024 Gaming Revenue Report.

Q Casino led the way with a 16.9% spike, followed by Harrah’s Council Bluffs at 13.5% and Wild Rose Emmetsburg at 9.8%.