Kansas casino revenue saw an increase of 11.03% in May, according to data released by the Kansas Lottery. During the month, the four state casinos collectively raked in $36.12 million in revenue. Additionally, all four casinos posted their second-best revenue totals going back to February, as per the Kansas Lottery’s May 2024 report.
On a monthly basis, all four gaming venues reported revenue increases, with Hollywood Casino registering the most significant uptick at nearly 16%, with $14.49 million; followed by Kansas Star Casino with $14.02 million (10.23%), Boot Hill Casino with $4.06 million (4.64%), and Kansas Crossing Casino with $3.54 million (3.28%).
While online casinos aren’t legal in Kansas, online sportsbooks are. Gov. Laura Kelly is seemingly ready to use taxes from online sports betting in an effort to bring the Kansas City Chiefs and Royals to the Sunflower State. The governor recently signed a bill that would use sports betting tax revenue (among other income sources) to fund the construction of a new stadium for the Chiefs and Royals.
The offer comes as the two teams deal with the aftermath of Jackson County residents voting against a sales tax increase to fund a new stadium for the Royals and renovations for the Chiefs’ GEHA Field at Arrowhead Stadium, as reported by PlayUSA.
The pitch by the Kansas governor could inadvertently help Kansas online casinos become a reality, as iGaming would create considerably more tax revenue than sports betting would. If the state is already leveraging its sports betting tax revenue to bring the Chiefs and Royals, even more options would open with the massive influx of revenue from Kansas online casinos.
Original article: https://www.yogonet.com/international/noticias/2024/06/27/72861-kansas-casinos-report-361-million-may-revenue-hollywood-casino-on-the-lead