The operators of Grand Island Casino Resort haven’t yet decided if the casino will have a sports book. At this point, a sports book is planned, casino general manager Vince Fiala told the Noon Rotary Club Tuesday. However, the tax on gaming revenue in Nebraska is 20%, he noted.
The margins with sports books “are pretty small,” Fiala said.
Elite Casino Resorts has sports books at its other properties. A sports book allows people to legally bet on sporting events.
In Iowa, where Elite Casino Resorts is based, the tax structure is very different for sports books, he said. The tax is much less than it is for slots and table games, he said.
