Kansas Casinos See Slight Uptick In Revenues During March

Kansas Casinos See Slight Uptick In Revenues During March
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.

When it comes to sports betting, BetKansas.com is the place for Kansas sportsbook bonus code information.

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Author

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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