Casino closures hit state revenue - Arkansas Times

Friday 17th April 2020

Gov. Asa Hutchinson asked all casinos in the state to close March 17 and they did, which put a halt to tax flow from gambling that's not yet been fully realized, in addition to job losses and attendant businesses.

The monthly report from the Racing Commission has released its monthly report for March when almost half of the month was lost by the three operating casinos.

Following are monthly figures on net house winnings from machines, table games, and sports wagering at each casino. Total wagers are available only for machines and sports betting, not for table games

Oaklawn, Hot Springs

February: $14.4 million in net winnings on gambling, led by $157 million put in machines.

February: $24.4 million in net winnings on gambling, led by $303 million in machine gambling.

Total state taxes: $4.9 million

March: $14 million in net winnings on gambling, led by $172 million in machine gambling.

February: $4.8 million in net winnings on gambling, led by in $35 million machine gambling.

Total state taxes $634,000.

March: $2.6 million in net winnings on gambling, led by $ million in machine gambling.

Source

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