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Casino gambling revenue down slightly in last fiscal year

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July 14th, 2025 by Ric Hanson

(Radio Iowa) – Revenue at the state-licensed casinos dropped slightly in the fiscal year that ended on June 30th. Racing and Gaming Administrator Tina Eick. “Year over year we. we were down two-point-six percent (2.6%),”Eick says. Gross revenue for the 19 casinos was off just under 45million dollars, to around one-point-six BILLION dollars (1,678,703,169). Eick says there aren’t any red flags in the numbers. “Most of the facilities were down a little bit. We saw one or two facilities that were slightly up. So that was a good sign,” she says.

The Catfish Bend Casino in Burlington, Diamond Jo Worth in Northwood, the Isle Casinos in Waterloo and Bettendorf, and Q Casino in Dubuque each saw slight increases in revenue for the fiscal year. Eick says the overall revenue drop was not unexpected. “We’re coming off of a couple of record-breaking years of high earnings subsequent to COVID and so sustaining that going forward was not something that was going to be realistic,” she says.

Eick made her comments Friday following the Racing and Gaming Commission meeting.