UNLV Center for Gaming Research: Iowa Casino and Lottery Statistics


Reports \| Papers \| Podcast \| Exhibits \| Fellowships \| Events \| About the Center \|Collections \| Update \| Blog \| UNLV Gaming Press \| Contact and Directions
Research about: Esports \| Jurisdictions \| Companies \| Casino Math \| Responsible Gambling \| Infographics

Iowa Gaming Summary

Background

Casino Gaming

In 1989, Iowa became the first state in the United States to legalize riverboat gaming. Drawing equally on the mythic past and the economic realities of the late 1980s, riverboat gaming was a compromise between those who wanted to use gambling to boost tourism to slumping areas of the state and those who were loath to permit full-fledged casinos.

Iowa's initial gaming laws provided for wager and loss limits and limited gambling operation to cruising periods. With the success of casinos under less stringent restrictions in neighboring Illinois, Iowa eventually loosened its own requirements.

In 1994, Iowa began allowing its race tracks to install slot machines. Table gaming in racinos was introduced in 2005.

Taxation: Maximum 22% on gross gaming revenue at riverboats and land-based casinos and 24% at racetracks with slots and table games with over 100 million in revenues.

More information on Iowa's gambling history can be found here.

More revenue data can be found at the Iowa Gaming and Racing Commission website.

Lottery

Development: Legislation creating Iowa's lottery was signed into law in April 1985 and the lottery began sales on Aug. 22, 1985.

The Lottery sells tickets in three general categories: instant-scratch, pull-tab and lotto games. Lottery products are sold at more than 2,500 retail locations in Iowa.

The Iowa Lottery Board is made up of five Iowa citizens appointed by the governor. The board oversees the lottery and its operations. Each department at the lottery formally reports to the board at meetings held throughout the year. According to Iowa Code, the Lottery Board must have a member with an accounting background, a member with experience in marketing, a member with law enforcement experience and another member who has or is currently practicing law. The State Treasurer serves as an ex-officio member of the board.

Beneficiaries: When legislation authorizing the Iowa Lottery was signed into law in 1985, lottery profits were earmarked for the Iowa Plan, a long-term economic development program. In 1991, lottery profits were designated for environmental and cultural programs. But after one year, lottery proceeds were directed to the state general fund.

Today, lottery proceeds are used for three main purposes in Iowa. They provide support for veterans; help for a variety of significant projects and backing for the Vision Iowa program. A portion of revenues are also directed to the Iowa Department of Public Health's Gambling Treatment Fund.

For more information see the Iowa Lottery website.

Casino data (fiscal year)

This section has annual comparative data for several metrics of Iowa casino performance between 2003 and the present. The top set of tables summarizes data for all Iowa casinos. The ones below it contain information for riverboat casinos, and the last trio of tables details racetrack casinos (racinos).

ALL INFORMATION IS FOR THE FISCAL YEAR ENDING IN JUNE OF THE YEAR IN QUESTION.

The data include:

Admissions

Win per capita (WPC)

Number of slot machines

Number of table games

Slot revenue: amount retained by the facility that is not paid out to players upon cashing out or in winnings

Slot win percentage (hold percentage)

Average daily win per machine per day (WMD)

Table drop

Table revenue (win)

Table win percentage (hold percentage)

Average daily win per table per day (WPT)

Adjusted Gross Casino Revenue (AGR)

All Casinos

Year	Admissions	Coin In	Slot Win	Hold%	Keno Drop	Keno Win	Keno %	Total Win
1999	8,192,768	5,370,373,003	296,354,065	5.52%	2,220,661	432,087	19.46%	296,786,152
2000	7,724,577	5,155,339,225	294,930,021	5.72%	-	-	-	294,930,021
2001	6,813,653	5,082,876,239	307,402,471	6.05%	-	-	-	307,402,471
2002	6,808,325	5,096,529,941	316,120,229	6.20%	-	-	-	316,120,229
2003	6,678,206	5,094,469,648	330,312,332	6.48%	-	-	-	330,312,332
2004	6,401,808	4,893,401,866	336,660,705	6.88%	4,651,584	816,218	17.55%	337,476,924
2005	6,456,114	4,792,220,670	341,494,760	7.13%	89,722,230	17,246,371	19.22%	358,741,131
2006	7,467,712	5,335,865,693	397,181,809	7.44%	190,883,367	41,975,681	21.99%	439,157,489
2007	6,933,707	5,121,327,828	409,189,174	7.99%	213,773,242	46,048,677	21.54%	455,237,855
2008	6,655,561	4,900,082,148	419,877,050	8.57%	215,918,360	47,054,752	21.79%	466,931,805
2009	6,315,677	4,374,753,634	392,847,115	8.98%	203,695,748	42,777,737	21.00%	435,624,849
2010	6,283,367	4,332,225,104	392,502,431	9.06%	207,186,704	45,538,895	21.98%	438,041,326
2011	5,864,586	4,325,871,677	398,433,891	9.21%	223,376,758	49,088,732	21.98%	447,522,603
2012	6,335,316	4,436,210,207	407,571,643	9.19%	224,182,729	52,908,702	23.60%	460,480,327
2013	5,887,667	4,248,531,797	390,170,581	9.18%	217,168,179	51,537,272	23.73%	441,707,853
2014	5,919,290	4,021,629,885	374,660,465	9.32%	210,914,329	51,121,227	24.24%	425,781,692

Riverboat casinos

Year

Admissions

WPC

Slots

Slot Rev

Hold %

WMD

Tables

Table ($)

Hold %

WPT

AGR ($)

2003

12,653,593

8,708

584,168,363

6.78%

184

243

80,923,971

20.33%

912

665,092,334

2004

12,896,295

8,845

630,500,668

7.01%

195

228

85,009,668

20.47%

1,022

715,510,336

2005

13,398,755

8,988

659,744,958

7.39%

201

241

86,253,104

21.21%

981

745,998,062

2006

13,427,449

10,164

678,055,799

7.89%

183

279

81,147,190

22.01%

797

759,202,990

2007

15,085,924

12,527

779,141,564

8.33%

170

330

80,934,964

21.50%

672

860,076,528

2008

16,991,583

12,949

868,246,460

8.61%

183

360

84,157,765

20.71%

639

952,404,225

2009

16,455,523

12,830

879,558,609

8.85%

188

353

80,643,755

21.39%

626

960,202,364

2010

15,773,647

12,861

856,242,750

8.96%

182

343

73,250,738

21.41%

585

929,493,488

2011

15,713,515

12,745

868,010,529

9.06%

187

332

71,920,500

21.34%

594

939,931,029

2012

16,690,125

13,365

927,980,212

9.15%

190

343

80,085,122

21.50%

638

1,008,065,334

2013

15,721,892

13,354

910,169,564

9.18%

215

327

81,111,262

21.69%

801

991,280,826

Racetrack casinos

Year	Admissions	WPC	Slots	Slot Rev	Win %	Tables	Table ()	Hold %	AGR ()
2003	19,233,711	51	12,213	899,066,135	6.61%	243	80,923,979	20.33%	979,990,103
2004	19,509,166	54	12,422	966,506,047	6.89%	235	85,009,675	20.47%	1,051,515,709
2005	19,793,161	55	12,722	1,000,588,897	7.28%	287	95,848,113	20.96%	1,096,437,007
2006	20,315,854	57	14,310	1,042,294,193	7.64%	348	106,765,326	21.54%	1,149,059,505
2007	22,519,786	59	16,882	1,190,995,870	8.12%	471	128,968,263	21.67%	1,319,964,125
2008	23,735,176	60	17,629	1,284,265,643	8.49%	499	131,112,208	21.08%	1,415,377,851
2009	22,955,618	62	17,480	1,286,933,157	8.83%	491	125,88,4087	21.40%	1,412,817,244
2010	22,107,596	57	17,552	1,247,487,728	8.99%	490	116,742,764	21.49%	1,364,230,492
2011	21,709,291	64	17,431	1,259,850,224	9.08%	480	119,321,009	21.66%	1,379,171,233
2012	22,828,398	64	18,059	1,335,573,371	9.18%	492	130,390,605	21.84%	1,465,963,976
2013	21,860,285	66	18,079	1,309,404,649	9.17%	469	134,803,865	22.59%	1,444,208,514
2014	21,115,210	-	16,418	1,258,507,828	9.15%	-	137,500,195	-	1,396,008,023
2015	21,651,881	-	16,720	1,282,345,322	9.03%	-	142,006,148	-	1,424,351,470
2016	21,774,455	-	16,967	1,299,290,428	8.85%	-	146,873,287	-	1,446,163,715

Annual Data

Iowa 2003 statistics - Iowa 2004 statistics - Iowa 2005 statistics - Iowa 2006 statistics - Iowa 2007 statistics

Lottery data (fiscal year)

Year

Total Revenues

Prize Liabilities

Prize %

Net Revenue

Net %

2000

178,229,996

98,392,253

55.20%

43,707,898

24.5%

2001

176,694,136

96,712,105

54.73%

43,141,423

24.4%

2002

184,121,382

99,996,233

54.3%

46,266,324

25.1%

2003

189,021,664

104,199,159

55.1%

46,779,943

24.7%

2004

209,905,452

114,456,963

54.5%

54,841,494

25.9%

2005

211,006,243

113,455,673

53.7%

51,635,965

24.4%

2006

340,906,293

122,258,603

35.8%

81,609,734

23.9%

2007

235,154,990

133,356,860

56.7%

58,092,413

24.7%

2008

249,270,580

144,669,575

58.0%

57,269,065

22.9%

2009

243,406,230

138,425,341

56.87%

58,927,064

24.20%

2010

256,281,759

150,453,787

58.70%

57,376,107

22.38%

2011

271,534,755

158,961,078

58.54%

67,880,793

24.99%

2012

311,068,684

182,442,447

58.65%

79,676,549

25.61%

2013

339,268,251

200,801,768

59.19%

85,902,328

25.32%

2014

314,159,736

186,948,985

59.51%

77,155,645

24.56%

2015

324,777,436

196,882,288

60.62%

76,369,200

23.51%

2016

366,948,164

221,767,401

60.44%

88,557,329

24.13%

Total revenue is total ticket sales sales plus interest earned on the lottery fund balance and miscellaneous revenue sources . Prize liability is the total amount of prize money paid back to winners. Net Revenue is the total revenue minus vendor and retailer commissions and prize payouts and operating expenses; it is equal to "operating income." Prize and net revenue percentages are taken from the total revenues.

Iowa Gaming Timeline

1983: Iowa legalizes pari-mutuel (horserace) betting

1985: On April 18, Governor Terry Branstad signs bill creating the Iowa Lottery

1989: Voters legalize riverboat gaming

1991: Riverboat gaming begins

2003: Iowa Lottery introduces TouchPlay machines

2004: Gambling on TouchPlay machinesbegins statewide

2006: TouchPlay machines are banned, effective May 4


UNLV Special Collections \| University Libraries \| UNLV home	Follow UNLVgaming on Twitter and UNLVGamingResearch on Facebook
© 2019 University of Nevada, Las Vegas. Do not copy or reuse without permission.
Last modified Friday, 08-Apr-2022 11:30:29 PDT