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Non-Indian video lotteries in South Dakota see dip in revenue

Filed Under: Regulation
More on: hci, iowa, nebraska, south dakota, winnebago
   
Non-Indian video lottery revenues in South Dakota have declined every year since 2008 and they could fall even further due to increased competition from Iowa.

In 2011, 1,459 non-Indian establishments with 9,128 video lottery terminals reported nearly $192 million in revenue. That's down from a peak of nearly $225 million in 2008.

The figures show the recession has taken its toll. But a new non-Indian casino just across the border in Iowa has drawn gamblers since it opened last year.

A second non-Indian facility in Iowa presents more competition. The Iowa Racing and Gaming Commission is taking applications for facility in Sioux City.

The Winnebago Tribe of Nebraska is submitting a bid through Ho-Chunk Inc, its economic development corporation. Penn National Gaming, a non-Indian company, is also competing.

Get the Story:
Sioux City-area towns brace for casino fallout (The Sioux City Argus Leader 11/5)

Related Stories:
Winnebago Tribe preparing to submit bid for commercial casino (10/31)

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