Iowa craps revenue fell 33.9% statewide in August, to $1.13 million from $1.71 million in July. Diamond Jo Worth’s craps tables lost $234,867 in August after winning $272,737 in July. That single casino’s reversal accounted for 87.4% of the statewide craps revenue decline. Craps hold fell 5.4 points to 13.74% statewide, while blackjack’s hold slipped … Read more
Iowa craps revenue rose 11.7% to $1.71 million in July while buy-ins at the tables fell 4.2%. Horseshoe Council Bluffs swung from a $161,389 craps loss last July to a $404,890 win this July. Statewide slot revenue fell 6.7% even though players fed the machines 10.1% more cash. Hold is not the house edge: the … Read more
Cedar Crossing opens to the public in mid-November, six weeks early, with a grand-opening celebration Dec. 4-5. The $275 million Cedar Rapids floor will hold 700 slot machines against 22 live table games. Iowa’s 19 state-licensed casinos paid back 89.3% to 90.7% on slots in the quarter ending June. Peninsula Pacific Entertainment and the Linn … Read more