Kansas October report lacks revenue growth
Boot Hill Casino & Resort and Kansas Crossing Casino & Resort saw revenue decline from October 2022, while Kansas Star Casino & Resort grew less than 0.3%.
The Kansas Racing and Gaming Commission reported the lottery gaming revenue of its four state facilities in October 2023, with the results showing a general stagnation and decline across the facilities.
Up 1% from earning total revenue of $12.8m in October 2022 to $12.9m in October 2023, Hollywood Casino & Resort saw the most growth of any Kansas lottery gaming facility. Kansas Star Casino & Resort also saw growth from this time last year; however, it only grew by $0.04m, for an increase of less than 0.3%.
Electronic gaming machine revenue was up at both locations. Table gaming was also up at Kansas Star Casino & Resort; however, Hollywood Casino & Resort reported a decline in table game revenue of 6.3%. In October 2022 table games at Hollywood Casino & Resort generated $1.5m, while in October 2023 generated $1.4m.
Both the Boot Hill Casino & Resort and Kansas Crossing Casino & Resort were down in total revenue from October 2022, declining 9.5% and 10.3% respectively.
At Kansas Crossing Casino & Resort, both electronic gaming machine revenue and table game revenue were down. Boot Hill Casino & Resort experienced a similar decline in both sectors, with table gaming down 20.8%.
Kansas notably is a state that has yet to adopt iGaming, with gambling opportunities in the state including land-based casinos and sportsbooks. Back in September, the state opened its first Tribal sportsbook, and a Caesars sportsbook opened earlier in the year at Kansas Crossing Casino.
Combining the total lottery gaming revenues of the four reported properties in October 2023 totals $32.4m. Doing the same for revenues from October 2022 totals $33m, equaling a year-on-year decrease of 1.7%.
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