Iowa Gaming = $2.5 Billion in Economic Activity

Casino gaming supports 16,000 jobs in Iowa and generates $726 million in taxes.

    A new study conducted by Oxford Economics examines the immense economic impact of the gaming industry on Iowa’s economy. The American Gaming Association released the first-of-its-kind study, which measures the industry’s significant ripple effect on the supply chain, including local businesses. 
    Oxford’s study found that Iowa’s gaming industry: 
  • Contributes $2.5 billion to Iowa’s economy
  • Supports approximately 16,000 Iowa jobs and nearly $742 million in income
  • Generates $726 million in tax revenues to local, state and federal governments

To put the casino industry's impact in Iowa in context, Oxford's study highlighted these facts about Iowa gaming:

  • Without the commercial casino industry’s total employment impact of approximately 16,000 total jobs, the unemployment rate in Iowa would rise from 4.6% to 5.9%
  • The commercial casino industry in Iowa supports approximately one out of every 91 jobs statewide
  • The commercial casino’s fiscal (tax) impact of $726 million would cover the starting salaries of nearly 22,000 state school teachers 
  • Without commercial casinos’ total tax impact of approximately $726 million in total tax revenues, households on average would pay an additional $594 in taxes each year

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