Kansas Gaming 9-month revenue surpasses $300 million

Neha Soni October 15, 2024

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Kansas Gaming 9-month revenue surpasses $300 million

Commercial casinos in Kansas experienced a notable rise in the first nine months of 2024. Kansas’ four casinos rose to $309.3 million in the nine months of 2024, despite a 3 percent fall in September.

In September, the casino gaming revenue fell to $32.3 million from $33.1 million, with the two leading casinos almost tied on monthly revenue.

The Hollywood Casino noted a decline of five percent year-on-year in revenue to $12.6 million, while the Kansas Star Casino registered a one percent rise to $12.6 million.

Boot Hill Casino saw a year-on-year decline in revenue from $4.1 million to $3.9 million. Kansas Crossing Casino’s revenue for the nine-months remained consistent, locking in $3.2 million.

July results

In July 2024, the commercial casinos in Kansas experienced a notable recovery, with revenues increasing by 2.7 percent compared to the previous month. This positive turn comes after a challenging June, when the state’s four casinos reported a significant revenue decline of 8.9 percent.

According to data released by the Kansas Lottery, the total revenue generated by these casinos reached $33.8 million in July, showcasing a rebound that highlights the sector’s potential for growth amidst an ever-evolving gaming landscape.

Trends and expectations

Despite the positive numbers in July and the recent results, Kansas casinos are not immune to year-over-year comparisons. According to the Kansas Lottery’s Fiscal Year to Date analysis, overall casino revenue for the fiscal year is down by 1.2 percent, primarily due to a decrease in wins at the Kansas Star Casino. This trend underscores the need for ongoing innovation and marketing strategies to ensure sustained growth in an increasingly competitive market.

Kansas’s gaming revenue over the past year has displayed a “yo-yo” pattern, as operators adapt to consumer preferences and external market factors. The ability to maintain consistent growth remains a challenge, but recent trends indicate that with the right strategic approach, Kansas casinos could solidify their market position.

In other related news, Kansas casino workers want smoking to be banned in all state-owned casinos. The workers claim second-hand smoke poses a danger to their health.

This comes as despite Kansas Indoor Clean Air Act passed in 2010, banning indoor smoking in most public places. However, casinos allow indoor smoking, despite health groups and casino workers warning against it.

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