Casino gaming in Nebraska generates over $285,000 in revenue in less than a month

Casino gaming in Nebraska generates over $285,000 in revenue in less than a month

All revenue reported by the state Monday night comes from Nebraska’s first casino in Lincoln.

WarHorse Lincoln made $285,963.03 in revenue in just a few weeks, according to the Nebraska Racing and Gaming Commission. The commission released the figures Monday evening in its first monthly report. Nebraska Property Tax Relief Fund: $200,174,122.5% to the Nebraska General Fund: $7,149,072.5% to the Compulsive Gaming Assistance Fund: $7,149,0712.5% ​​to the City of Lincoln: $35,745,3812 5% to Lancaster County: $35,745.3 The commission’s executive director, Tom Sage, says they recognize the importance of routine reports, which will be available by the 20th of each month. “Having mechanisms to routinely share aggregate tax revenue and distribution fosters public trust and is key to transparent regulatory oversight of our gambling industry,” Sage said. You can view the monthly report at: racingcommission.nebraska. govWarHorse Lincoln opened Sept. 24.

WarHorse Lincoln made $285,963.03 in revenue in just a few weeks, according to the Nebraska Racing and Gaming Commission.

The committee announced the figures on Monday evening in its first monthly report.

The report also broke down the revenue breakdown, including:

  • 70% to the Nebraska Property Tax Relief Fund: $200,174.12
  • 2.5% to the Nebraska General Fund: $7,149.07
  • 2.5% to the Compulsive Gaming Assistance Fund: $7,149.07
  • 12.5% ​​to the City of Lincoln: $35,745.38
  • 12.5% ​​to Lancaster County: $35,745.3

The commission’s executive director, Tom Sage, says they recognize the importance of routine reports, which will be available by the 20th of each month.

“Having mechanisms to routinely share aggregate tax revenue and distribution fosters public trust and is key to transparent regulatory oversight of our gambling industry,” Sage said.

You can view the monthly report at: racingcommission.nebraska.gov

WarHorse Lincoln opened on September 24.

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