Iowa casino revenue falls nearly 2% year-over-year in April

Tuesday, May 13, 2025 2:10 PM
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  • Sam Bentham, Special to CDC Gaming

Iowa casino adjusted gross revenue fell 1.8% year-over-year in April, dropping to $141.1 million from $143.8 million.

According to the state’s report, Prairie Meadows Racetrack & Casino generated the most adjusted gross revenue in April of the state’s 19 casinos at $19.5 million, a fall of 1.9% year-over-year. Horseshoe Casino Council Bluffs added $15.4 million to the state-wide total, a drop of about 0.3%.

The only other casinos to add more than $10 million to the statewide total were Ameristar II, with $14.1 million, and Riverside Casino and Golf Resort, with $10 million in adjusted gross revenue. That Ameristar II figure was a fall of more than 7% year-over-year, while Riverside Casino and Golf Resort also posted revenues 7.5% lower than the year prior.

A few casinos saw revenues increase year-over-year, with Wild Rose Jefferson’s numbers rising by 7.6%, and Isle of Capri Bettendorf increased its revenues by 5.4%. Isle Casino Hotel Waterloo boosted its revenues marginally, adding 2.4% compared to April 2024.

The most significant riser was Catfish Bend, where revenues increased by more than 16% year-on-year.

The Iowa Racing and Gaming Commission report shows a continuing trend of underperformance for land-based casinos in 2025, with casino revenues also dropping about 5% in March.

 

 

 

 

 

Sam Bentham is a US Editor and Staff Writer at Major League Content. Having studied media production and played American football in his [English] university, he’s passionate about US sports and gambling, having covered both industries for years.