For the third consecutive month, Nebraska’s two casinos, opened seven months ago, set a new record in tax contributions.
WarHorse Lincoln and the Grand Island Casino Resort posted combined tax revenue of $1.55 million for March, surpassing $1.34 in February and $1.2 million in January, according to the Nebraska Racing and Gaming Commission. Nebraska taxes casinos at 20 percent, meaning the two venues generated combined revenue of $7.7 million.
In March, WarHorse tax contributions totaled $956,071. Specifically, the casino contributed $23,901 to the state general fund; $23,901 to the Compulsive Gamblers Assistance Fund; $669,249 to the property tax credit cash fund; $119,508 to the city; and $119,508 to the county.
In February, WarHorse tax contributions totaled $858,178. Of that amount, the casino contributed $21,454 to the state general fund; $21,454 to the Compulsive Gamblers Assistance Fund; $600,725 to the property tax credit cash fund; $107,272 to the city; and $107,272 to the county.
The Grand Island casino, owned by Elite Casino Resorts, currently is operating in a temporary facility with 280 slots and several sports betting kiosks. The permanent location will offer 850 slots, 20 table games, a Nebraska sportsbook and other amenities. Although it’s a temporary venue, in March, Grand Island tax contributions totaled $592,321. Of that total, the venue contributed $14,808 to the state general fund; $14,808 to the Compulsive Gamblers Assistance Fund; $414,625 to the property tax credit cash fund; $74,040 to the city; and $74,040 to the county.
In February, Grand Island tax contributions totaled $483,507, of which $12,087 went to the state general fund; $12,087 to the Compulsive Gamblers Assistance Fund, $338,455 to the property tax credit cash fund; $60,438 to the city; and $60,438 to the county.
At its April 14 meeting, the state gaming commission also approved Grand Island’s plans to add craps, roulette and blackjack tables at its existing temporary location, as well as additional slots, restrooms on the casino floor, a larger dining area and an entertainment space.
Additionally, commissioners approved a plan for WarHorse Lincoln to offer sports betting by the end of May. Lynne McNally, chief executive officer at the Nebraska Horsemen’s Benevolent and Protective Association, a partner in the Lincoln casino, said a vendor has been selected.
Also, Tom Sage, executive director of the state gaming commission, said Caesars Nebraska’s temporary racetrack casino at Ag Park in Columbus could open by June.
