WarHorse Gaming Lincoln.

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Coyote
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WarHorse Gaming Lincoln.

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Nebraska’s first casino expected to open Saturday, pending likely OK of license
Problem gamblers can file voluntary ‘self-exclusion’ paperwork to keep themselves out


LINCOLN — Nebraska’s first casino is expected to open Saturday morning in the Capital City, pending approval by the state gaming commission. A temporary casino, located at the Lincoln Race Course Thoroughbred track, is scheduled to open at 10:30 a.m. Saturday, with more than 400 slot machines ready to go. “We have every expectation that we’ll get a license,” said Lance Morgan, president and CEO of Ho-Chunk Inc., the economic wing of the Winnebago Tribe of Nebraska and operator of WarHorse. In preparation for the opening, problem gamblers are being urged to file a “voluntary self-exclusion form” to bar their admission to the casino and the temptation to gamble. “The power of this addiction is as intense as any addiction out there,” said Mike Sciandra, a Lincoln-based gambling counselor who is himself a recovering gambling addict. The Nebraska Racing and Gaming Commission will meet Friday afternoon to consider final approval of the casino license of WarHorse Gaming Lincoln.

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The Lincoln Race Course bar is seen with a Big Red Keno draw displayed on television monitors. Big Red says it has the exclusive rights to conduct full-scale casino operations at the venue. (Image: Lincoln Race Course)

433 slot machines in temporary facility

WarHorse has converted a simulcast/sports bar facility to accommodate 433 slot machines while a $200 million casino and hotel complex is built around it, just off U.S. 77 in southwest Lincoln. Construction will also begin soon on a second casino, at Omaha’s Horseman’s Park, but a temporary casino won’t be ready for occupancy until April or May, said Lynne McNally, CEO of the Nebraska Horsemen’s Benevolent and Protective Association. Horsemen’s Park is a 28-year-old facility, McNally said, and must be almost torn down to accommodate construction around it. The temporary Omaha casino will be located in the infield of the racetrack, she said. A third WarHorse casino project, at the former Atokad Park racetrack in South Sioux City, is “on the back burner,” according to Morgan, and will be pursued when the permanent casinos are completed in Lincoln and Omaha, which is expected in late 2024.

‘Spending every penny’

“We’re spending every penny and effort we have to develop these two,” Morgan said. The permanent casinos will include table games, such as blackjack, as well as slot machines, officials said. McNally projected that the Lincoln facility will generate about $5 million a year in property tax relief for the City of Lincoln and Lancaster County. It’s been estimated that casino gambling, when fully implemented, could add $100 million statewide to a property tax relief program run by the state. Also on Saturday, the Lincoln Race Course will be officially renamed “Legacy Downs,” which McNally said is in honor of the long-running Thoroughbred horse racing industry in the state. Nebraska voters approved pari-mutual betting on horses back in 1934, and for decades, Nebraska was the only state that offered such gambling between Chicago and California.

Self-exclusion program

McNally and Sciandra urged Nebraskans who are problem gamblers to register with the self-exclusion program, which is being operated through the state gaming commission. Sciandra said several states, including Iowa, operate such registries, which allows a casino to bar entrance to someone who has a gambling problem. He said those who somehow get insideof a casino face forfeiting any winnings or being charged with criminal trespass. “We want to make sure that the temptation isn’t there from the get-go,” Sciandra said of the self-exclusion registry. In Iowa, between 8,000 and 10,000 people at any one time on are the “don’t admit” to casinos list, according to the Iowa Racing and Gaming Commission. Sciandra said that generally, 1-2% of all gamblers have been diagnosed as addicts, with an additional 4-6% deemed problem gamblers.

Voter approval in 2020

Casino gambling was approved overwhelmingly by Nebraska voters in 2020, allowing them at licensed racetracks in the state. The so-called “racinos” are envisioned at the state’s existing racetracks in Omaha, Lincoln, Columbus, Grand Island, South Sioux City and Hastings. Other communities, such as Norfolk and Ogallala, have also expressed interest. Before any new racinos are allowed, the State Racing and Gaming Commission must consider the impact of additional gambling on communities, horse racing and other gambling facilities.
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Coyote
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Re: WarHorse Gaming Lincoln.

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Gaming Commission approves Warhorse Casino license
Nebraska’s first casino will begin operating Saturday in Lincoln.


LINCOLN, Neb. (KOLN) - The first casino in Lincoln, and the state, will open Saturday. The Nebraska Racing and Gaming Commission voted Friday to authorize WarHorse Gaming Lincoln, LLC a license to begin operating. The casino is located at the Lincoln Race Course in southwest Lincoln. The casino that will open Saturday pales in comparison to what it will look like when construction is finished. The first phase includes a 9,000-square-foot gaming floor, more than 400 slot machines, and simulcast and live racing. The second phase, which is anticipated for September 2023, will include more than 1,100 slots machines, 100 table games, sportsbook and both live and simulcast horse racing. The final build out will include several dining options, including a high-end steakhouse, sports bar, café and others. It will include a roughly 200-room hotel and a three-story parking garage as well.
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Re: WarHorse Gaming Lincoln.

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'Dream come true': WarHorse Casino opens in Lincoln Saturday

WarHorse casino authorized to open 10 a.m. Saturday in Lincoln.
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Big E
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Re: WarHorse Gaming Lincoln.

Post by Big E »

Anyone know if a sportsbook opening in Lincoln will make online sportsbooks (like DraftKings) legal eslewhere in Nebraska?

I do enjoy some sportsball wagering. I despise going to casinos/sportsbooks.
Stable genius.
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Linkin5
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Re: WarHorse Gaming Lincoln.

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Big E wrote: Mon Sep 26, 2022 5:38 pm Anyone know if a sportsbook opening in Lincoln will make online sportsbooks (like DraftKings) legal eslewhere in Nebraska?

I do enjoy some sportsball wagering. I despise going to casinos/sportsbooks.
No, in classic Nebraska fashion they did not legalize mobile sports betting. Which is great because that is where most of the states are making their money on sports betting.
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Big E
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Re: WarHorse Gaming Lincoln.

Post by Big E »

Linkin5 wrote: Mon Sep 26, 2022 6:13 pmNo, in classic Nebraska fashion they did not legalize mobile sports betting. Which is great because that is where most of the states are making their money on sports betting.
Them values ain't gonna protect themselves, I guess.
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ita
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Re: WarHorse Gaming Lincoln.

Post by ita »

Almost $300k generated in gaming tax revenue for Nebraska during WarHorse Casino's first six days
More than $285k in gaming tax revenue was generated in Nebraska during the last week of September at WarHorse Lincoln's operation, according to a news release from the Nebraska Racing and Gaming Commission.

Nebraska's first casino, WarHorse Lincoln, opened on Sept. 24. Previously, casinos within the state were only on tribal lands.
On Monday, the Nebraska Racing and Gaming Commission distributed its first gaming tax revenue report. The information details the total Nebraska gaming tax revenue and a breakdown of tax revenue distribution. See those numbers below.

September 2022:
Total gaming tax revenue: $285,963.03
70% to the Nebraska Property Tax Relief Fund: $200,174.12
2.5% to the Nebraska General Fund: $7,149.07
2.5% to the Compulsive Gaming Assistance Fund: $7,149.07
12.5% to the City of Lincoln: $35,745.38
12.5% to Lancaster County: $35,745.38
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Re: WarHorse Gaming Lincoln.

Post by djc311 »

Linkin5 wrote: Mon Sep 26, 2022 6:13 pm
Big E wrote: Mon Sep 26, 2022 5:38 pm Anyone know if a sportsbook opening in Lincoln will make online sportsbooks (like DraftKings) legal eslewhere in Nebraska?

I do enjoy some sportsball wagering. I despise going to casinos/sportsbooks.
No, in classic Nebraska fashion they did not legalize mobile sports betting. Which is great because that is where most of the states are making their money on sports betting.
Why is this place ALWAYS behind a state like Iowa? Without getting into a huge political discussion both states are known to be "red", right? So what's the deal? I feel like we've lost out on so much revenue from the casinos already that adding them now is too little too late.

In any case, sports book in an app is a no brainer as I'm sure the state gets a chunk off of those wagers, too. To force a bettor into the casino to place a bet on a football game is dumb. If they wouldn't have allowed sports betting at all then at least I'd see some logic to it.
TransitOriented
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Re: WarHorse Gaming Lincoln.

Post by TransitOriented »

$300,000 in tax revenue in a week? Yikes, that's scary :(
Trips1
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Re: WarHorse Gaming Lincoln.

Post by Trips1 »

djc311 wrote: Wed Oct 19, 2022 9:23 am
Linkin5 wrote: Mon Sep 26, 2022 6:13 pm
Big E wrote: Mon Sep 26, 2022 5:38 pm Anyone know if a sportsbook opening in Lincoln will make online sportsbooks (like DraftKings) legal eslewhere in Nebraska?

I do enjoy some sportsball wagering. I despise going to casinos/sportsbooks.
No, in classic Nebraska fashion they did not legalize mobile sports betting. Which is great because that is where most of the states are making their money on sports betting.
Why is this place ALWAYS behind a state like Iowa? Without getting into a huge political discussion both states are known to be "red", right? So what's the deal? I feel like we've lost out on so much revenue from the casinos already that adding them now is too little too late.

In any case, sports book in an app is a no brainer as I'm sure the state gets a chunk off of those wagers, too. To force a bettor into the casino to place a bet on a football game is dumb. If they wouldn't have allowed sports betting at all then at least I'd see some logic to it.
For the last 3 months in Iowa there has been $431 million wagered with $380 million won on sports. Of the $431 million wagered only $45 million was in person with the other $386 million online. Total taxes paid to the state was $3.44 million.

For the slots "Lynne McNally, CEO of the Nebraska Horsemen’s Benevolent and Protective Association, told the Journal Star last month that WarHorse planned to have a slot payout that was competitive with what the casinos in Council Bluffs, Iowa" For the last 3 months the Council Bluffs casinos have ranked worst, 4th worst and 10th worst out of 19 casinos for slot payout average. Traditionally Council Bluffs has always had the worst odds in Iowa.

The state average is 90.2% payout with Horseshoe at 89.29%, Harrah's 89.73% and Ameristar above average at 90.44%.

If you like numbers they can all be found here https://irgc.iowa.gov/publications/gaming-revenue
djc311
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Re: WarHorse Gaming Lincoln.

Post by djc311 »

Trips1 wrote: Mon Oct 24, 2022 2:38 pm
djc311 wrote: Wed Oct 19, 2022 9:23 am
Linkin5 wrote: Mon Sep 26, 2022 6:13 pm
Big E wrote: Mon Sep 26, 2022 5:38 pm Anyone know if a sportsbook opening in Lincoln will make online sportsbooks (like DraftKings) legal eslewhere in Nebraska?

I do enjoy some sportsball wagering. I despise going to casinos/sportsbooks.
No, in classic Nebraska fashion they did not legalize mobile sports betting. Which is great because that is where most of the states are making their money on sports betting.
Why is this place ALWAYS behind a state like Iowa? Without getting into a huge political discussion both states are known to be "red", right? So what's the deal? I feel like we've lost out on so much revenue from the casinos already that adding them now is too little too late.

In any case, sports book in an app is a no brainer as I'm sure the state gets a chunk off of those wagers, too. To force a bettor into the casino to place a bet on a football game is dumb. If they wouldn't have allowed sports betting at all then at least I'd see some logic to it.
For the last 3 months in Iowa there has been $431 million wagered with $380 million won on sports. Of the $431 million wagered only $45 million was in person with the other $386 million online. Total taxes paid to the state was $3.44 million.

For the slots "Lynne McNally, CEO of the Nebraska Horsemen’s Benevolent and Protective Association, told the Journal Star last month that WarHorse planned to have a slot payout that was competitive with what the casinos in Council Bluffs, Iowa" For the last 3 months the Council Bluffs casinos have ranked worst, 4th worst and 10th worst out of 19 casinos for slot payout average. Traditionally Council Bluffs has always had the worst odds in Iowa.

The state average is 90.2% payout with Horseshoe at 89.29%, Harrah's 89.73% and Ameristar above average at 90.44%.

If you like numbers they can all be found here https://irgc.iowa.gov/publications/gaming-revenue
So this appears to be one of those "OK, let's bring casinos to Nebraska about 30 years after CB... however, let's not make it easy for residents of Nebraska to bet on sports because we must force them to step foot inside our casinos so that they can make money, too".

It's kinda like when bringing the lottery to our state was OK, but having actual gambling wasn't. Now it's OK to bring gambling to the state, but making it so you can gamble offsite under proven practices such as DraftKings isn't good.

We'll have online gambling (or at least sports gambling) after the casino's exclusivity is up.

The casinos will likely always push to keep sports betting illegal - well, unless it benefits them inside their casinos.

🙄🙄
Trips1
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Re: WarHorse Gaming Lincoln.

Post by Trips1 »

The local casino's get a cut of the online sports betting. The online companies partner with the locals as the local companies do not have the skill and technology to set lines and run a virtual sports book. There are 18 companies in Iowa with Crown, Betfair, American Wagering and BetMGM handling the most.
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Re: WarHorse Gaming Lincoln.

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Sports wagering coming soon to Lincoln Casino
Just in time for NBA finals and College World Series, operators say


The Warhorse Casino in Lincoln may soon become the first facility in Nebraska to legally take sports wagers. "We're going to be starting sports wagering probably by the end of May," said Lynne McNally, the Nebraska Horsemen's Benevolent and Protective Association vice-president. She said it's just in time for the NBA finals and College World Series.

"However, don't forget, we can't bet on any Husker games or Creighton games, if they're at home," McNally said. While the Lincoln casino has had over 400 slot machines up and running since September, Omaha's Warhorse facility has yet to offer any gaming.