The newness of Nebraska casino gambling appears to have started wearing off. According to the latest figures from the Nebraska Racing and Gaming Commission, Lincoln’s WarHorse Casino generated nearly $810,000 in gaming tax revenue during November, a drop from $854,000 in October, which was its first full month in operation.
Nebraska’s gaming tax is 20% of casino revenue, which indicates WarHorse had just short of $4.05 million in revenue in November, down from a little more than $4.27 million in October.
Pete Graziano, WarHorse’s marketing director, declined to speculate on any possible reasons why revenue declined in November.
Overall, taxes generated since the casino has been open totaled $1.95 million at the end of November, with 70% of that, or about $1.37 million, going to a state property tax relief fund.