Winning Streak or Slump? Kansas Casinos' February Wagers
Casino earnings in Kansas decreased by 4.8% in February compared to the same period last year.
In a candid chat, we're dishing about the recent revenue numbers at Kansas' commercial casinos, revealed in a report from the Kansas Lottery. For those who love a flutter, here's the lowdown.
Feb'23 vs. Feb'24: The ScoreLast month, Kansas casino gaming revenue inked a disappointing 4.8% decrease, with the total dropping from a solid $34.3 million to a humble $32.6 million. Ouch!
The report get-the-scooped by the Kansas Lottery, which regulates the four casino kingdoms dotting the Sunflower State, offers some insights into which ones performed better (or worse) in the lucky draw of Feb'24.
Hollywood's Hot HandTaking the crown for the month, Hollywood Casino banked a whopping $13.2 million. Despite leading the pack, revenues dipped by a not-so-glorious 1.4% compared to the previous year, settling at $13.4 million.
Kansas Star's StumbleClaiming the second-largest portion of the pie, Kansas Star Casino pumped out $12.4 million. However, it saw the most significant slide of the month, with gaming revenue plummeting over 10% year-over-year, from $13.8 million to $12.4 million.
Boot Hill's Shaky GroundWhile Boot Hill Casino managed to reel in $3.7 million, it too succumbed to the downward trend, posting a 5.9% decrease compared to the previous year's earnings of $3.9 million.
Standing tall among the competition was Kansas Casino Crossing, the only commercial casino to gallop ahead with an impressive 4.3% increase. It raked in $3.3 million, compared to the $3.2 million reported in Feb'24.
Digging DeeperAlthough the figures for sports betting revenues in Feb'24 are yet to surface, the trend shows a decline in land-based casino revenue nationwide for February 2025. Nevertheless, pinpointing causes specifically for Kansas casinos' Feb'24 slip-up requires more substantial data.
Keep your eyes peeled for more insights as we continue to sift through the sands of data. Till then, let the gaming circus roll on!
In the latest numbers reported by the Kansas Lottery, all commercial casinos in Kansas experienced a decline in revenue, with a combined drop of 4.8% from February 2023 to February 2024. Despite leading the pack, Hollywood Casino saw a 1.4% decrease in revenue compared to the previous year. Kansas Star Casino faced the steepest drop, with gaming revenue plummeting more than 10% year-over-year.
Venturing further into the data, only one casino, Kansas Casino Crossing, managed to buck the trend by registering an impressive 4.3% increase in earnings during the same period. For those keen on understanding the reasons behind the overall decline in casino revenue in the Sunflower State, further analysis is needed, especially considering that the sports betting revenues for February 2025 have yet to be disclosed.
