Kansas posts casino revenue of $35.3m for November

Figures posted by the Kansas State Lottery reveal a monthly casino revenue of $35.3m generated by casinos in the month of November.  

Monthly revenue 

The latest casino figures posted by the Kansas Lottery indicate a positive upswing in revenue. From an annual respective, the latest figure of $35.3m represents a year-over-year revenue rise of 12.15%. Month-over-month, revenue generated by casinos in the state of Kansas has also risen by a marginal 5.5%.  

Following on from additional positive revenue figures being reported for the month of October, Kansas has also experienced a strong year in sports wagering, with the latest figures from October revealing a wagering handle of 275.9m for the month.  

YTD figures 

As per this latest financial update, the state of Kansas has now generated a total of $170.6m in casino revenue for the fiscal year-to-date (YTD). Subsequently, this figure represents a rise of 4.5% when compared to revenue numbers from this time last year, while also bringing the state within $30m of surpassing its figures from the end of the calendar year last year.  

Casino breakdown  

Similarly to last month, the primary revenue driver out of the state’s four casinos was Hollywood Casino, which generated $14.2m during November. However, Hollywood Casino was very closely trailed by Kansas Star Casino, which brought in $13.7m in revenue during the month. Year-over-year, Hollywood Casino and Kansas Star Casino saw revenue rises of 14.6% and 13.5%, respectively.  

Good to know: Recently, Kansas’ neighboring state of Missouri recently voted in sports betting, an update that has sparked concerns of a knock-on effect for the Kansas market 

Moreover, Hollywood Casino also leads the pack in revenue generated over the course of the fiscal year so far, posting $68.6m for the YTD, up 5.6% year-over-year.

Again, Kansas Star casino came in close behind Hollywood, posting a revenue of $63.2m for the fiscal year so far. This figure also represented a year-over-year increase of 4.98%.  

Will Underwood

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