Nebraska: WarHorse Casino in Lincoln delivers nearly $286K in tax revenue in its first week

Nebraska: WarHorse Casino in Lincoln delivers nearly $286K in tax revenue in its first week

Article brief provided by The Lincoln Journal Star
  • Matt Olberding, The Lincoln Journal Star
October 17, 2022 7:16 PM
  • Matt Olberding, The Lincoln Journal Star

Nebraska’s first week of casino gambling brought in nearly $286,000 in taxes for state and local governments.

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Tom Sage, director of the Nebraska Racing and Gaming Commission, said the WarHorse Casino in Lincoln generated $285,963 in tax revenue in its first seven days of operation, an amount he called “remarkable.” WarHorse’s temporary casino opened Sept. 24 with 433 slot machines in the Lincoln Race Course’s simulcasting building.

Sage said he did not yet have an accounting of the total amount wagered in those first seven days, and WarHorse officials declined to release that number Monday…

The tax imposed on Nebraska casinos is 20% of revenue, which means WarHorse likely netted $1.4 million in those first seven days.