Nebraska casinos generated nearly $900,000 in property tax relief in January
LINCOLN, Neb. (KLKN) — The monthly report for Nebraska’s gaming revenue was released Wednesday.
The Nebraska Racing and Gaming Commission reported how much tax revenue was generated between Lincoln and Grand Island’s casinos in January.
Total gaming tax revenue, WarHorse Gaming Lincoln: $809,041.15
- 70% to the Nebraska Property Tax Relief Fund: $566,328.81
- 2.5% to the Nebraska General Fund: $20,226.03
- 2.5% to the Compulsive Gaming Assistance Fund: $20,226.03
- 12.5% to the City of Lincoln: $101,130.14
- 12.5% to Lancaster County: $101,130.14
Total gaming tax revenue, Grand Island Casino & Resort: $446,185.35
- 70% to the Nebraska Property Tax Relief Fund: $312,329.75
- 2.5% to the Nebraska General Fund: $11,154.63
- 2.5% to the Compulsive Gaming Assistance Fund: $11,154.63
- 12.5% to the City of Grand Island: $55,773.17
- 12.5% to Hall County: $55,773.17
SEE ALSO: Lincoln, Grand Island casinos brought in $2.8 million in tax revenue in 2022
In the first month of 2023, the two casinos raked in $878,658.56 for property tax relief across Nebraska.
The Lincoln casino, which opened last September, generated $1,896,580.05 in property tax relief in 2022.
Last July, WarHorse broke ground at Horsemen’s Park in Omaha for another casino.
That casino is expected to open later this year.
