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Iowa casino results dip22 July 2008COUNCIL BLUFFS, Iowa -- As reported by the Omaha World-Herald: "After a string of lucky sevens, the Council Bluffs casinos rolled snake eyes over the past year. "Gross gambling revenue during the past 12 months dropped for the first time ever for the three casinos. Combined revenue always had grown since the casinos opened a dozen years ago. "The Horseshoe and Harrah's Casinos blame the shaky economy and soaring gas prices for the revenue declines. But casino revenue in Iowa as a whole increased. "...The Horseshoe, Ameristar and Harrah's Casinos reported total gambling revenue of $474.29 million in the 2007-08 fiscal year, which ended June 30. "That was a 1.3 percent drop from the $480.33 million in revenue collected during the 2006-07 fiscal year. "...Each of the three Bluffs casinos had falling revenue. But the Horseshoe remained No. 1 in the state for revenue, followed by Prairie Meadows in Des Moines. Next came the Ameristar and Harrah's Casinos..." |