casinos in Iowa experienced a minor 0.1% boost in monthly revenue compared to the same period last year during July.
Iowa Casinos See Mixed Results in 2025
Iowa's casino industry saw a collective revenue of $144.9 million in July 2025, a slight increase of 0.1% from the previous year, according to the latest revenue figures published by the Iowa Racing and Gaming Commission. However, the data reveals a mixed picture of growth and decline among the state's casinos.
While 13 out of the 19 casinos reported an increase in revenue year-over-year, some notable establishments experienced a decrease. For instance, the Horseshoe Casino Council Bluffs saw a 16.7% drop in revenue, and the Queen Marquette, rebranded and brought to shore by Bally's, had a 7.1% decrease.
One of the standout performers was the Isle Casino Hotel Waterloo, which recorded the highest revenue increase, with a 16.8% rise year-over-year, from $7.8 million in 2024 to $9 million in 2025. The Wild Rose Casino in Emmetsburg also showed significant growth, with a 15.6% rise in revenue.
On the other hand, the table games generated $13 million in revenue, a year-over-year decrease of 11.3%. Despite this decline, the overall gambling tax revenue in Iowa for fiscal year 2025 exceeded forecasts, reflecting growth compared to prior years.
Prairie Meadows Racetrack and Casino earned $20.3 million in July 2025, a 1.6% increase from the year prior. Ameristar II, however, saw a 12.1% decrease in revenue year-over-year.
The Wild Rose Casinos in Clinton, Emmetsburg, and Jefferson saw increased revenue year-over-year, but specific revenue figures for each casino are not available from the current sources. Slots generated $131.9 million in revenue, a 1.4% increase year-over-year.
In summary, while the total revenue for Iowa's casino and sports betting industry in 2025 is estimated at about $240 million in tax revenue, specific revenue figures by each Iowa casino and their respective year-over-year changes in 2025 are not available from the current sources. For precise casino-level data, one would typically consult the Iowa Racing and Gaming Commission reports or state gaming revenue disclosures.
