Iowa Gambling Revenues Reach Record Highs

Yes, Iowa gambling revenues have reached a record high. It is no wonder with all the casinos popping up everywhere and the one in our area has greatly expanded to attract more gamblers all the time. The previous record set in 2006 was $171 million and now it has reached $1.32 billion in fiscal 2007. Between July 1, 2006 and June 30, 2007, more than 22.5 million guests visited Iowa's 17 state-licensed casinos, losing an average of $62 each at the three racetrack casinos and $57 aboard the gaming boats.