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You are here: Home / Economy / Study: Nebraskans spent $327M in Iowa casinos last year

Study: Nebraskans spent $327M in Iowa casinos last year

June 25, 2014 By Matt Kelley

Sen. Russ Karpisek

Sen. Russ Karpisek

A new report details how much money Nebraskans are spending in Iowa’s casinos, serving as a warning for Iowa to not get too reliant on that chunk of money, should Nebraska launch a casino industry of its own.

The report is being released by a consultant to the Iowa Racing and Gaming Commission. It shows Nebraska gamblers spent nearly $327-million in Iowa’s 18 casinos last year, nearly one-quarter of the $1.4-billion the gambling halls raked in.

Nebraska state Senator Russ Karpisek of Wilber laments the findings, saying that money could have been better spent in Nebraska.

“That’s a lot of money,” Karpisek says. “That’s just the money that goes. That doesn’t account for all of the jobs that are created out of it, the things that they use at the casino. If you extrapolate out those numbers, it’s a lot more than just the 327-million.”

Karpisek has been a supporter of expanding gaming in Nebraska, but saw his bill to let voters decide the future of casinos in Nebraska killed by the legislature earlier this year. He’s being forced out of the legislature by term limits, but says he’s looking for a voice to pick up where he left off.

“I’m hoping that some of the people who have supported me and my efforts will bring it back again,” Karpisek says. “I just don’t understand why we’re so afraid to let the voters vote on it, especially for a bunch of people that the only way you can get there is to be voted in but then we don’t want to let people vote. To me, it seems just absurd.”

Backers of casino gambling in Nebraska say it is not likely the state will allow casinos anytime soon, but the report by Union Gaming Analytics predicts it will happen — eventually.

The report says most of the money spent by Nebraskans in Iowa gaming facilities was at casinos along the Missouri River, primarily in Sioux City and Council Bluffs. Of all money generated in Iowa casinos last year, the report says only 53% came from Iowans.

By Tyson Havranek, KHAS, Hastings

 

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