Iowa June Casino Revenue Declines 2.7% as New Casino License Underway

Alex Murphy

Updated by Alex Murphy

Digital PR Specialist

Last Updated 16th Jul 2025, 06:42 PM

Iowa June Casino Revenue Declines 2.7% as New Casino License Underway

The Iowa Racing and Gaming Commission has issued its monthly report, showing that Iowa's 19 commercial casinos recorded overall revenue of $136.9 million in June, a 2.7% year-on-year decline. Adjusted gaming revenue fell from $140.7 million in June 2024 to $136.9 million. 

Biggest Iowa Casino Revenue Generators See Decline

In total, 11 of the 19 casinos showed a year-on-year fall, with many of the state's most significant revenue generators seeing the biggest falls.

Ameristar II showed the biggest year-on-year decline, dropping 14% from $15.5 million to $13.4 million, while Riverside Casino and Golf Resort posted revenues 11.3% lower than the year prior.

Prairie Meadow Racetrack collected the most revenue of any Iowa casino with a figure of $19.2 million, but that was 0.3% lower than the year prior. 

CasinoJune 2024 RevenuesJune 2025 RevenuesChange
Ameristar II$15,548,001$13,371,703 -14.0%
Casino Queen Marquette$1,634,170$1,659,137-1.5%
Catfish Bend$3,298,722$3,501,139 +6.1%
Diamond Jo Dubuque$6,309,650$6,160,966 -2.4%
Diamond Jo Worth$8,272,775$9,636,260 +16.5%
Grand Falls$7,619,167$7,454,511 -2.2%
Hard Rock$7,454,442$7,123,126 -4.4%
Harrah's Council Bluffs$5,930,374$6,079,788 +2.5%
Horseshoe Council Bluffs$15,472,453$14,001,802 -9.5%
Isle Waterloo$7,273,440$7,838,399 +7.7%
Isle of Capri - Bettendorf$5,464,315$5,648,552 +3.4%
Lakeside Casino$4,154,540$4,139,915 +0.4%
Prairie Meadow Racetrack$19,302,256$19,244,682 -0.3%
Q Casino$4,078,733$3,908,604 -4.2%
Rhythm City$9,449,910$9,130,399 -3.4%
Riverside Casino and Golf Resort$11,322,114$10,040,758 -11.3%
Wild Rose Clinton$2,636,506$2,480,450 +5.9%
Wild Rose Emmetsburg$2,406,806$2,568,125 +6.7%
Wild Rose Jefferson$3,099,848$2,944,338 -5.0%
TOTAL$140,738,222$136,932,654-2.7%

There were some exceptions to the general revenue decline, the most notable of which was Diamond Jo Worth, which increased revenue by 16.5% from June 2024 to June 2025. 

Iowa Judge Dismisses Challenge to Cedar Crossing License

Meanwhile, an Iowa District Court judge has dismissed a legal challenge to the granting of a casino license to Cedar Crossing Casino & Entertainment Center

Riverside Casino & Golf Resort brought the challenge and contested the Iowa Racing and Gaming Commission's decision. However, Judge Michael Schilling ruled that the Commission acted correctly when it gave the license to Cedar Crossing in February. The decision means that the $275 million development in Cedar Rapids can go ahead. 

The court found that the regulator had correctly considered 420 written public comments and live testimony before awarding the license and that the assessment of the proposal was fair and independent.

“Today’s ruling is a victory for the people of Cedar Rapids. Our residents knew exactly what they were voting for: A transformational project that will create jobs, generate revenue, and add vibrancy to our city. We’ve always said we would follow the will of the voters, and now, with this decision, we can move forward with confidence and unity toward the future Cedar Rapidians chose,” stated Cedar Rapids Mayor Tiffany O’Donnell, welcoming the ruling. 

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Alex Murphy
Alex Murphy
Digital PR Specialist Digital PR Specialist

My love for gambling and casinos started early when my grandad handed me a video poker machine as a kid, sparking a lifelong fascination with the game. I grew up watching Celebrity Poker religiously and that turned into my organizing March Madness bracket tournaments all throughout elementary and high school—making every March a high-stakes competition among friends before I was even old enough to place a real bet.

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