Nebraska’s First Week of Casino Gaming a Huge Success

State collected almost $286k in taxes

by - Tuesday, October 18th, 2022 2:39

Casino table games

According to the Nebraska Racing and Gaming Commission, the first week of legal casino gambling in the state brought in $285,963 in taxes and fees for local governments.

Tom Sage, director of the Nebraska Racing and Gaming Commission, said that he did not have a full report of the accounts and the state’s first casino, operated by WarHorse, has declined to release the details to the public. Even so, Sage did say:

“I know the first day was several million (dollars).”

With a tax of 20% imposed on gambling revenue, WarHorse likely won around $1.4 million through the first seven days of operation. However, it’s impossible to know just how much was wagered for the casino operator to generate that figure.

It’s unlikely that the Lincoln casino will continue to see such significant wagering numbers in the following weeks, Lynne McNally, CEO of the Nebraska Horsemen’s Benevolent and Protective Association said WarHorse is “very happy” with the amount of wagering it’s seen so far.

Of the total tax revenue generated in September, 70%, which amounts to almost $200,000, will go into a fund providing relief to the state’s property taxpayers.

WarHorse in Lincoln is the only casino operator in the state for now. However, at some point in 2024, WarHorse and other licensed horse tracks in Nebraska will open the doors to large-scale casino operations.

Meanwhile, Fonner Park in Grand Island plans to launch a temporary casino with 300 slot machines in time for Thanksgiving, while WarHorse plans to open a temporary or transitional casino at Horsemen’s Park in Omaha next spring. This will have 800 slot machines.

The projected opening date for the casino resort at WarHorse Lincoln is November 2024.

Danny Tang

Reporter & gambling industry analyst covering the land-based and online casino industry in the United States.

  • Connect with us on LinkedIn
  • Connect with us on Twitter