Iowa casinos took in just under 22 million dollars more in gross revenue for the fiscal year that ended in June compared to last year. Iowa Racing and Gaming administrator, Brian Ohorilko , says the slight increase indicates the market for the 19 casinos is stable.
Ohorilko says gross revenue was one-point-437 BILLION, compared to one-point-415 BILLION last year. The annual report shows there were a little more than 21-point-five million people who visited the casinos in the last fiscal year, compared to around 21-point-six million the previous year.
Several casinos made the move off the boat.Moving to land allows the casino operators to build hotels and other facilities to complement the gambling operation. Ohorilko says the Hard Rock Casino in Sioux City is a key example.
The Hard Rock increased its gross revenue by around 13 million dollars this year.
Ohorilko says the Sioux city casino will seek permission to expand at the commission’s next meeting.
