LINCOLN- On December 19th, the November monthly gaming tax revenue report was released by the Nebraska Racing and Gaming Commission. The report includes two categories detailing total tax revenue in November followed by the breakdown for that tax revenue distribution.
Total gaming tax revenue for November 2022 was $809,627.78. The breakdown of the tax revenue is as follows:
70% to the Nebraska Property Tax Relief Fund: $566,739.45
2.5% to the Nebraska General Fund: $20,240.69
2.5% to the Compulsive Gaming Assistance Fund: $20,240.69
12.5% to the City of Lincoln: $101,203.47
12.5% to Lancaster County: $101,203.47
The total year-to-date gaming tax revenue is now at $1,950,406.00. The Chairman of the Nebraska Racing and Gaming Commission, Dennis Lee said, "The cumulative gaming tax revenue of $1,950,406.00 represents the 10 weeks of operation of the Lincoln War Horse Casino." Lee went on to add, “This represents a significant addition to the Nebraska Property Tax Relief Fund, as contemplated by the legislature and Governor Ricketts in adopting the Property Tax Relief Fund statutes.”
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