Nebraska: Tax collections down in November at Lincoln casino

Nebraska: Tax collections down in November at Lincoln casino

Article brief provided by The Lincoln Journal Star
  • Matt Olberding, The Lincoln Journal Star
December 20, 2022 9:09 PM
  • Matt Olberding, The Lincoln Journal Star

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.

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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.