The positive impact of Iowa's gaming industry is more than most imagine. Combined, Iowa's casinos create a $1 billion annual economic impact on our state, inclusive of employee salaries, purchases of Iowa-based products and services, charitable contributions and taxes. These monies fund a diversity programs that span from infrastructure and tourism, to environmental conservation, cultural attractions and other projects throughout the state. Whether giving Iowa-owned companies the chance to fairly compete for casino business, helping to conserve Iowa's precious natural resources, or embarking on other worthy projects, our state gaming culture is more than slots and cards. It's about giving back, investing in the future and supporting communities.
In 2012, IGA Members:
- Generated more than $1 billion for Iowa's economy.
- Purchased nearly $260 million of products and services from Iowa-based businesses through the Buy Iowa First Program. In fact, more than 89% of the total expenditure by casinos on products, supplies and services went to Iowa-based vendors.
- Paid more than $405 million in local, county and state taxes every year. State tax revenue funds a variety of significant projects, including the renovation and building of Iowa's Capitol Complex, school infrastructure, Vision Iowa, historic preservation, state and county fairs, school and university improvements, and numerous environmental initiatives and programs.
- Funded thousands of charitable requests. More than $88 million of charitable grants was awarded to thousands of worthy non-profit organizations.
- Employed nearly 9,500 people, with an annual payroll of more than $284 million.
- Added value to our state's growing tourism and entertainment industries with exceptional convention and hotel facilities, hosting more than 22 million visitors each year.
- Supported Iowa's agricultural industry by purchasing millions of pounds of beef, chicken and turkey; thousands of gallons of milk; and several million eggs. Each member provides a detailed breakdown of the property's agricultural commodity purchases.
- Continued their commitment to responsible gaming. IGA members oppose under-age and intoxicated gambling, as well as unregulated and unauthorized forms of gambling. IGA members support having a premier program for gambling treatment, prevention and outreach programs.
"Gaming Benefits Iowa" Series
The IGA's "Gaming Benefits Iowa" series was created from 2004 - 2008 to offer a detailed look at the different programs and facets of the state that benefit from gaming tax revenues. Each of the four pieces explored a specific area that has received significant support from gaming dollars. These include: environmental programs, Rebuilding Iowa's Infrastructure projects, Healthy Iowans initiatives, and Vision Iowa and Community Attraction and Tourism grants. Below are the links to the old reports. We continue to provide this information on the Appropriation of State Taxes