Iowa casino revenue drop 5.8% year-over-year in March

Wednesday, April 16, 2025 9:35 AM
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  • Charlotte Capewell, Special to CDC Gaming

Iowa’s casino revenue totaled $154.7 million in March, down 5.8% from the $164.3 million reported in March 2024.

Slot machine revenue amounted to $141 million of revenue, down 4.4% from $147.4 million. Table games declined from $16.8 million to $13.7 million, a drop of 18.4%.

Five of th 19 casinos regulated by the Iowa Racing and Gaming Commission reported revenue above $10 million: Ameristar Casino Council Bluffs ($15 million), Horseshoe Casino Council Bluffs ($17.1 million), Prairie Meadows Racetrack & Casino ($21.2 million), Rhythm City Casino ($10 million) and Riverside Casino ($11.3 million).

Each casino experienced year-over-year declines in March. Ameristar dropped from $18 million, down 16.3%. Horseshoe Casino decreased from $18.4 million, down 6.8%. Prairie Meadows fell from $22.2 million, down 4.7%. Rhythm City decreased from $10.3 million, a 3.2% drop, and Riverside Casino declined from $11.9 million, down 5.2%.

Iowa sportsbooks generated a handle of $287.8 million in March, up 5.6% from $272.3 million. Net receipts fell 13.4% from $18.2 million to $15.7 million.

Charlotte Capewell brings her passion for storytelling and expertise in writing, researching, and the gambling industry to every article she writes. Her specialties include the US gambling industry, regulator legislation, igaming, and more. As a fan of all things F1-related, she roots for her favorite team, Aston Martin, every race weekend. Charlotte also follows motorsport news closely and is keen to write about the latest news in the sports betting industry.