Nebraska casino revenue rises 48.8% year-over-year in August as state welcomes fifth casino

Nebraska casino revenue rises 48.8% year-over-year in August as state welcomes fifth casino

Summary

Nebraska’s five commercial casinos produced $23.6 million in combined revenue in August, a 48.8% year-on-year rise from $16.0 million the previous August. The gains were led by WarHorse Casino Omaha, which reported $8.9 million (up 28.9% year-on-year).

WarHorse Casino Lincoln recorded the second-highest month, increasing to $7.0 million (up 53.2%), boosted by the recent addition of table games. Grand Island Casino posted the largest percentage increase, jumping 102.2% to $5.0 million. Harrah’s Columbus rose modestly by 7.9% to $2.2 million. Newcomer Lake Mac, which opened on 19 August, generated $527,419 in its first two weeks.

By product: slots produced $19.9 million (up 36.9%), table games rose to $2.1 million (up 84%), electronic table games surged 397.8% year-on-year, and retail sports betting increased from $175,009 to $876,969.

Key Points

  • Total August revenue: $23.6 million — a 48.8% year-on-year increase from $16.0 million.
  • WarHorse Casino Omaha led the state with $8.9 million (up 28.9% year-on-year).
  • WarHorse Casino Lincoln jumped to $7.0 million (up 53.2%), helped by adding table games.
  • Grand Island Casino recorded the biggest percentage gain: 102.2% year-on-year to $5.0 million.
  • Harrah’s Columbus had the smallest increase: 7.9% to $2.2 million.
  • New permanent casino Lake Mac opened 19 August and earned $527,419 in two weeks.
  • Product mix: slots $19.9m (up 36.9%), table games $2.1m (up 84%), electronic table games up 397.8%, and retail sports betting rose substantially to $876,969.

Why should I read this?

Short version: Nebraska’s gambling market just got a big shot in the arm — a new casino plus fresh table-game offerings have turbocharged receipts. If you follow gaming markets, regulator moves or investment trends, this is a useful snapshot of where demand is landing right now. We read the report and pulled the numbers so you don’t have to.

Source

Source: https://cdcgaming.com/nebraska-casino-revenue-rises-48-8-year-over-year-in-august-as-state-welcomes-fifth-casino/