Nebraska gaming revenue rises in September
Revenue increased 22.8 per cent year-over-year.
US.- The Nebraska Racing and Gaming Commission has reported that casino revenue was $21.9m in September, up 22.8 per cent year-over-year. Slot revenue totalled $18.9m, up 19.6 per cent, while table games revenue increased 11.3 per cent to $18.3m. Electronic table games generated $624,576, up 15.5 per cent.
The Grand Island Casino reported $4.4m, up 38.8 per cent year-over-year, WarHorse Casino Omaha $8.1m, up 29.6 per cent, Harrah’s Columbus $2m, down 2.7 per cent and WarHorse Casino Lincoln $6.44, down 0.3 per cent.
Lake Mac Casino, which opened in August, took $527,419, with $427,851 from slots.
WarHorse Gaming has secured refinancing of $300m in startup loans to start the next phase of casino expansions and construction of a new casino. The company said the deal was organised by banks including Capital One, KeyBank, The Huntington National Bank, BOK Financial and Comerica Bank.
The refinancing paves the way for the company’s expansion of casinos at horse racetracks in Omaha and Lincoln and the construction of a third WarHorse Casino in South Sioux City. Work will begin next summer.
