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Four Kansas Casinos Post Over $30 Million In January Revenue

Written By Tebearau Egbe on February 19, 2024 - Last Updated on March 18, 2024
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According to the Kansas Lottery’s January gaming report, the state’s casinos experienced a downturn in total revenue, amounting to $30,311,619. January revenue represented an 18.9% decrease compared to Kansas casino revenue for December 2023, when revenue reached $37,442,477.

Additionally, compared to January 2023, the decline was 8.46%, with casino revenue totaling $33,114,509 during that period.

Among the four operational casinos in the state, Kansas Star Casino emerged with the highest revenue, reaching $12,024,137. However, despite this figure, it also encountered a decline of 10.51% compared to January 2023, when revenue stood at $13,435,567.

Hollywood Casino, which ranked second in revenue generation, similarly experienced a decrease, recording $11,903,168 in revenue. This represented a 5.77% decline compared to the same period the previous year when revenue reached $12,631,653.

Boot Hill Casino saw a revenue of $3,501,997, marking a 3.54% decrease from January 2023, which stood at $3,630,648. Notably, it also achieved a higher figure in December 2023, with revenue amounting to $4,380,086.

Kansas Crossing Casino reported the lowest revenue, with a 15.64% decrease from the previous year, totaling $2,882,317. January 2023 saw a handle of $3,416,641, while December 2023 recorded $3,329,140.

FY 2024 experienced a 1.72% decrease from FY 2023 in casino revenue

According to the Kansas Lottery’s January Casino Revenue report, during the fiscal year 2024, concluding on Jan. 31, 2024, the combined revenue from casinos in Kansa amounted to $231,041,875.

This figure indicated a marginal decline of 1.72% compared to the preceding fiscal year, which concluded on Jan. 31, 2023.Kansas Casios FY2024 Comparison To FY2023 Info Graph

Kansas online casinos are not yet legal, but you can play with a sweepstakes casino.

Kansas Sports betting saw approximately 8% downturn in January

The Sunflower State observed an approximately 8% decrease in sports betting handle compared to December 2023. The total amount gambled on sports in Kansas amounted to $$239.62  million for January 2024.

Retail sports betting reached $11.5 million, while online sports betting in Kansas reached $228.0 million. In comparison, December 2023 saw retail sports betting figures at $10.58 million, with online sports betting hitting $249.10 million across its six online sportsbooks.

Among the four retail providers, DraftKings led with a sports betting handle of $402,722, while Barstool, now known as ESPN Bet, garnered the highest wagers on its sportsbook, reaching $8.92 million. FanDuel’s sports betting handle amounted to $1.5 million, followed by Caesars with $659,438 in handles.

Regarding online sports betting, DraftKings secured the top spot with $96.7 million in handles, trailed by FanDuel with $77.2 million. BetMGM, the provider associated with Kansas Crossing Casino, reported handles of $21.2 million, while ESPN Bet trailed closely with $20.3 million. Caesars recorded $10.5 million in handles, and PointsBet had the least with $1.9 million.

Summing up the fiscal year 2024, the Kansas Lottery reported all retail sportsbooks in the Sunflower State accrued a $64.3 million betting handle, while online sportsbooks generated a substantial $1.3 billion.

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Tebearau Egbe

Tebearau Egbe has written about gambling for more than four years. She has a Master's degree in philosophy and possesses a unique ability to dissect complex industry developments, distilling them into insightful narratives for readers.

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