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March was a relatively successful month for Kansas casinos, which have been making steady progress since the beginning of the year.
According to data from the Kansas Lottery, four casinos in the state won $38.67 million in revenue last month. Here’s how March revenue compares to previous months of the year:
- 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
March’s figure represents a 2.23% increase from March 2023‘s $37.82 million, showing a 12.74% progress from February 2024.
Meanwhile, Kansas retail and online sportsbooks won $7.15 million, resulting from $252.90 million in total bets. The revenue figure is an increase from February 2024 but a drop from March 2023.
After success with retail casinos and sports betting, online casinos would be the next logical step in Kansas’ gambling evolution. However, it remains to be seen whether Kansas online casinos will gain regulation. While some lawmakers showed interest, there have been no attempts to make Kansas online casinos legal so far.
Three Kansas casinos had an annual increase in revenue
March revenue figure for four Kansas casinos includes activity from the casinos’ poker, slot machines and table games.
Looking at operators individually, three of four Kansas Casinos showed an annual revenue progress in March:
- Kansas Star Casino: $15,306,516, a 3.03% annual rise
- Hollywood Casino: $15,239,444, a 3.30% yearly increase
- Boot Hill Casino: $4,401,503, a 1.50% annual increase
- Kansas Crossing Casino: $3,721,726, a 4.03% annual drop
Just like in previous months of the year, Hollywood Casino reported the highest annual increase. Kansas Crossing was the only operator to show a yearly decrease in revenue in March after showing a double-digit negative change in February and January.
Kansas casino revenue in March up almost 13% from February
Although finishing the month with the smallest revenue among its competitors, Kansas Crossing Casino showed the biggest monthly difference. Here’s a bigger scope:
- Kansas Star Casino: 10.95% monthly progress
- Hollywood Casino: 13.77% monthly increase
- Kansas Crossing Casino: 15.95% monthly increase
- Boot Hill Casino: 12.93% monthly increase
According to the Kansas Lottery’s March 2024 revenue report, all four gaming venues in Kansas reported a rise from February, which combined to a total monthly increase of 12.74%.
Kansas sports betting revenue was higher than February’s but lower year-over-year
For the 31 days of March, Kansas sportsbooks reported $252.90 million in total bets, a 24.55% monthly increase and a 22.60% annual rise.
While March sports betting totals represent both month-over-month and year-over-year progress, the money that Kansas sportsbooks won is still a 27.58% decrease from the $9.11 million they earned in March 2023.
On the bright side, Kansas sportsbooks’ revenue in March 2024 is an impressive 133.95% rise from February’s $3.05 million.
