Kansas Casinos See Slight Uptick In Revenues During March

Kansas Casinos See Slight Uptick In Revenues During March
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Fact Checked by Michael Peters

It was another strong month for casinos in Kansas during March, with a 1.33% increase in overall revenues.

In total, the state’s four casinos chipped in $37,824,410 in revenue during the third month of the year, up from the $37,327,736 the facilities made in March 2022.

The March revenue total also represented a 9.7% increase from February’s total of $34,031,782 and a 12.7% jump from January’s sum of $33,114,509, giving the Sunflower State three consecutive months of casino revenue growth.

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Kansas online betting had a record month for handle in March.

Thanks to March Madness, the six sportsbooks in the state took in $206,287,094 in wagers according to the most recent Kansas monthly sports betting report.

The biggest mover of the four casinos during March was Kansas City’s Hollywood Casino, which saw a 5.71% jump in revenue during the month, going from $13,956,491 in 2022 to $14,753,022 this year.

The only other casino to see year-over-year growth in March was Kansas Star, which went from $14,790,997 in 2022 to $14,857,084, representing a 0.45% increase. Kansas Star has a Kansas betting apps partnered with FanDuel Sportsbook.

The other two state-owned facilities, in Boot Hill (down 7.02% year-over-year) and Kansas Crossing (down 0.99% year-over-year) saw their overall revenues decline in March 2023 compared to the same point a year ago.

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Hollywood Casino Pacing Growth In 2023

The year-to-date themes from Kansas’ casino report echo the totals from March, with Hollywood Casino being the biggest mover in the state.

Overall, the Kansas City facility — which is partnered with Barstool Sportsbook Kansas — has seen their revenues grow 6.2% in the first quarter, year-over-year, from $110,948,608 to $117,827,605.

Kansas Crossing saw their revenue grow 4.82% through the first quarter compared to the same period in 2022, going from $29,660,135 to $31,088,784.

On the flip side, Boot Hill had the largest year-over-year revenue drop-off, going from $37,437,116 in the first quarter of 2022 to $36,491,945 (representing a 2.52% decline overall).

Kansas Star saw their revenues drop 1.31%, year-over-year, from $123,135,622 to $121,528,329.

Overall, the four casinos have taken in $306,936,663 this fiscal year, which represents a 1.91% increase over the same period in 2022, when the facilities raked in $301,181,481 worth of revenue.

So far this year, the four casinos have chipped in $67,526,065 in tax dollars to the state and $9,208,100 to the various local governments that house the facilities. Another $6,138,734 has been given by the facilities to fund Kansas’ Problem Gaming & Addictions Grant Fund.

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Author

Christopher Boan

Christopher Boan is a lead writer at BetKansas.com specializing in covering state issues. He covered sports and sports betting in Arizona for more than seven years.

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