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IOWA BENEFITS FROM SLOTS AT PARI-MUTUEL SITES

Jul 13, 2001 8:19 PM

Gaming revenues at Iowa's riverboat casinos and race tracks increased slightly in fiscal 2001 for the first time since adopting an expanded format for slot machines at pari-mutuel facilities.

The adjusted gross revenues were $886 million at the 13 state-licensed gambling operations, a rise of $8 million from last year.

Iowa's riverboats reported approximately $11 million more revenue in fiscal 2001 compared with the previous year. However, race track casinos in Dubuque, Council Bluffs and Altoona reported declines of about $3 million.