Iowa: December first down month in a while for casino revenue

Tuesday, January 31, 2023 3:59 PM
  • Dar Danielson, Radio Iowa

State Racing and Gaming administrator, Brian Ohorilko, says the amount of revenue generated at the state’s traditional casinos went against the recent trend in December.

“We did see for the first time in quite some time the month of December year over year we had seen a decline in revenue,” Ohorilko says. The gross revenue in December was down by more than five million dollars. “So maybe they’re starting to see some signs of softening with casino revenue here in this state — and so that will be important to kind of watch,” he says.

The drop in the December 2022 revenue comes halfway through this new fiscal year, and Ohorilko says things had been holding pretty steady.