June wasn’t exactly a good month for Kansas casinos. According to the state regulator’s latest report, the four non-tribal venues recorded almost $33 million in total revenue in June.
Although the figure represents a slight annual increase, the Kansas Lottery reveals June casino revenue is a drop from May 2024.
Key takeaways
- Kansas’ June casino revenue totaled $32,908,743, showing a 2.44% annual rise and an 8.91% drop from May 2024.
- All four casinos showed a revenue drop from May, while only two reported annual growth in June.
- Online casinos are illegal in Kansas, but their legalization would be the next logical step in Kansas’ gambling progression after the state’s success with retail casinos and sports betting.
Kansas’ June casino revenue second lowest over the past six months
Over the past six months, June has been the second-worst month for Kansas casino revenue since the beginning of the year. It comes after January when Kansas casinos slightly surpassed $30 million in total wins.
To be more specific, here’s how last month’s revenue compares to previous months:
- Kansas casino revenue for January 2024: $30,311,619
- Win for Kansas casinos in February 2024: $34,298,725
- Kansas casino revenue for March 2024: $38,669,189
- Win for Kansas casinos in April 2024: $34,929,378
- Kansas casino revenue for May 2024: $36,125,880
- Win for Kansas casinos in June 2024: $32,908,743
All four Kansas casinos show monthly revenue drop in June
As mentioned, Kansas casinos won $32,908,743million in revenue in June. The money earned comes from poker, slots, and table games.
Traditionally, Hollywood Casino was in the lead, winning nearly $13.40 million, more than 40% of the total revenue.
June 2024 Revenue | Month-over-Month Decline | |||
---|---|---|---|---|
Hollywood Casino | $13,395,775 | -7.55% | ||
Kansas Star Casino | $12,816,290 | -8.64% | ||
Boot Hill Casino | $3,648,519 | -10.16% | ||
Kansas Crossing Casino | $3,048,159 | -14.08% |
- Hollywood Casino: $13,395,775 (a 7.55% monthly decrease)
- Kansas Star Casino: $12,816,290 (a monthly drop of 8.64%)
- Boot Hill Casino: $3,648,519 (a 10.16% monthly decline)
- Kansas Crossing Casino: $3,048,159 (a monthly decrease of 14.08%)
Looking at operators individually, two of four Kansas casinos reported annual growth in revenue, according to the Kansas Lottery’s June 2024 data:
- Hollywood Casino: an annual growth of 5.09%
- Kansas Star Casino: a 2.19% yearly rise
- Boot Hill Casino: a 1.34% yearly decrease
- Kansas Crossing Casino: a 2.85% annual drop
Hollywood Casino showed the most considerable yearly growth, just like it did in May.
Could Kansas online casinos become a reality?
In addition to land-based casinos, the Sunflower State allows online sports betting, racebooks, and fantasy sports. Legalizing Kansas online casinos would be the state’s next rational step, but online casino bills haven’t been discussed.
But there’s still hope, especially because iGaming would create more tax revenue than sports betting.
Gov. Laura Kelly signed a bill that would use sports betting tax revenue (with other income sources) to fund the construction of a new stadium for the Kansas City Chiefs and Royals. If the state is ready to finance the new stadium using the sports betting tax revenue, it could do much more with revenue from online casinos someday.