Caesars Entertainment has announced the opening of its temporary Harrah’s Casino at Ag Park in Columbus, Nebraska, marking the state’s third licensed casino. The facility has been granted a license by the Nebraska Racing and Gaming Commission, with plans for a permanent location to open in the spring of 2024. This expansion highlights Caesars Entertainment’s commitment to serving the evolving Nebraska gaming market.
Harrah’s Casino at Ag Park:
The temporary Harrah’s Casino at Ag Park, Columbus, Nebraska, has officially opened its doors to visitors. This casino is the third licensed establishment in the state, following approval from the Nebraska Racing and Gaming Commission in May.
Temporary Location:
The casino will operate from the exhibit hall at Ag Park until the permanent facility, located along Highway 81 northwest of Columbus, is ready for use. The completion of the permanent casino is expected in the spring of 2024.
Casino and Sportsbook:
The 28,000-square-foot facility houses over 500 slot machines and 14 table games. This dynamic gaming space offers patrons an exciting blend of casino entertainment, and it will contribute to the growing gambling landscape in Nebraska.
Expanding Presence:
The opening of the Harrah’s Casino in Columbus adds to the list of temporary casinos already operating in Nebraska, including venues in Lincoln and Grand Island. These establishments have been generating increasing tax revenues, providing economic benefits to the region.
Positive Tax Revenues:
In March, Nebraska’s temporary casinos in Lincoln and Fonner Park generated $1.55 million in tax revenues, reflecting a consistent upward trend over several months. This growth underscores the popularity and economic contributions of the state’s burgeoning casino industry.
Caesars Entertainment’s Financial Performance:
Aside from its expansion efforts, Caesars Entertainment reported robust financial results for the first quarter of 2023. The company achieved a 23% increase in revenue, reaching $2.8 billion, compared to the same period the previous year. EBITDA soared to $958 million, marking a remarkable 223% YoY growth.
The opening of the temporary Harrah’s Casino in Columbus, Nebraska, signifies Caesars Entertainment’s commitment to expanding its presence in the state’s gaming landscape. With the anticipation of a permanent facility in the near future, the casino will contribute to the local economy and provide a dynamic gaming experience for patrons.