Gaming News

Riverside Casino meets expectations

IOWA – As reported by the Iowa Journal: "After the first month of operation, Riverside Casino and Golf Resort officials report revenues are at the level they should be and they don't foresee a downturn in the future.

"After receiving 125,000 people and making more than $7.6 million in its first month, the casino is meeting its goals for revenue. Last Wednesday, CEO Dan Kehl presented a check for $291,380 to the Washington County Riverboat Commission, the county's share of the profits. Kehl commented this amount was slightly over the amount projected for the commission to receive.

"…Kehl commented that the resort has fallen slightly short of the 133,000 head projection per month of people visiting the casino, but said that is not a problem.

"'Our projections are right on,' Kehl said. 'Our head count per person is a little off, but we are not too concerned about that. It is the revenue that pays the rent.'…"

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