Nebraskans are spending about $400 million per year at casinos in Iowa and other bordering states. Morgan said the two casinos will begin grossing about $150 to $180 million per year. The reservation’s total population is 2,874 people, the 2020 census said.īetween the two racetrack-casinos, also known as “racinos,” Morgan expects gaming revenue to move from bordering Iowa casinos to Nebraska, resulting in robust growth in Ho-Chunk’s revenue. The tribe is based in northeast Nebraska’s village of Winnebago. Ho-Chunk is the economic development corporation created by the Winnebago Tribe.
Now, any racetrack in Nebraska can legally add a full scale casino onto its existing grounds. The initiative received 65% voter approval. Ho-Chunk contributed a total of $6.6 million toward the campaign called “Keep the Money in Nebraska.” The two organizations partnered to help get the gambling initiative on the 2020 election ballot.
