LINCOLN- In just over five weeks, Lincoln's new WarHorse Casino paid out around $800,000 to the state's Property Tax Credit Fund, $28,500 for the Compulsive Gamer's Assistance Fund, and $143,000 to the City of Lincoln.
"This first month has been a very nice number," said Lancaster County Commissioner Christa Yoakum. However, Yoakum said the Board wants to wait and see if cash keeps coming in that consistently.
"It's kind of hard to know how much money that will be and how consistent that will be coming in, what that revenue stream will look like,"
said Yoakum, "So, the county wants to meet the city to kind of determine how best to use those funds."
The Lancaster County Board of Commissioners wants to see how the WarHorse Casino will impact keno revenue, which is used to support several small towns and non-profit programs, before making decisions on how to allocate the new stream of funding.
"So, we don't have any immediate plans for these funds," said Yoakum. Jennifer Williams, Lincoln Mayor Leirion Gaylor Baird's Chief of Staff, said in a statement that the city is also exploring options before making any key decisions. "We also anticipate a public engagement process related to what other options might be of interest," said Williams.
Lynne McNally, CEO of the Nebraska Benevolent and Protective Associations, said they're very pleased with the revenue generated so far. "I think actually, not only are we going to hold steady, but I think we might even do a little bit better as time goes on," said McNally.
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