Over half of the profits at Iowa’s state-licensed gambling casinos come from people who live out-of-state. Will Cummings is a consultant hired by the State Racing and Gaming Commission to analyze Iowa’s gambling industry. Cummings says more than half of the revenue at Iowa gambling facilities comes from visitors from other states. He says one reason is that casinos in Council Bluffs and the Quad Cities attract a great number of patrons from just-across-the-border in Nebraska and Illinois. Cummings says a couple of Iowa casinos are bringing in a good deal of tourists from out of staters who would have no other reason to stop in their cities. Cummings says the floating casinos in Marquette and Osceola bring in visitors who would not otherwise stop. Cummings says Iowans, on average, have nearly doubled the amount of money they’re spending at the state-licensed casinos. Cummings examined the industry back in 1995. He found that in 1995, the typical adult who lived within 10 miles of a casino was spending about 350-dollars per year at a gambling house. Cummings says today, the average Iowa adult is spending over six-hundred dollars per year at an Iowa casino. Cummings says top markets, like Mississippi and New Jersey, see average adult spending on gambling of over eight-hundred dollars. Cummings says the “gaming” in Iowa’s gambling industry has changed, as slot machines are growing more and more popular. Cummings says table game play is declining all across the country.
You are here: / / Casinos draw most money from other states