Casinos in Kansas See Second-Lowest Revenue Month In September, Posting $32.3 Million
Thursday 24 de October 2024 / 12:00
2 minutos de lectura
(Kansas).- Casinos generated $32.3 million in revenue in September, down 10.3% from their August total of $35.9 million. According to data from the Kansas Lottery, September’s revenue numbers were the second-lowest of the year.
The state’s casino revenue figures do not include iGaming because online casinos are not yet legal in Kansas.
Key takeaways
- Kansas online casinos could average more than $50 million monthly in revenue.
- Land-based casinos earned $32.3M in September, down 10.3% from KS casino revenue in August 2024.
- This past month’s revenue total was the second-lowest of the year.
Kansas continues to shun lucrative online casinos
Kansas is one of 43 states that outlaw online casinos, and that doesn’t look like changing anytime soon. Legislators haven’t submitted any iGaming bills of note, and PlayUSA’s legislative sources have not hinted at any future attempts to legalize online casinos.
When lawmakers finally decide to green-light iGaming, PlayUSA predicts Kansas online casinos could generate at least $50 million a month, a figure that’s based on the most recent revenue data from all seven states with online casinos:
| State | August online casino revenue | Population | Per-capita revenue |
|---|---|---|---|
| Pennsylvania | $225 million | 13 million | $17.31 |
| New Jersey | $198.4 million | 9.3 million | $21.33 |
| Michigan | $196.7 million | 10 million | $19.67 |
| Connecticut | $44.6 million | 3.6 million | $12.39 |
| West Virginia | $20.4 million | 1.8 million | $11.33 |
| Delaware | $5.8 million | 1 million | $5.80 |
| Rhode Island | $3 million | 1.1 million | $2.73 |
| Average | $99.1 million | 5.7 million | $17.42 |
| Kansas (projected) | $50.5 million | 2.9 million | $17.42 |
September casino revenue can’t keep up with August’s solid numbers
The Kansas Lottery September 2024 report shows Kansas’ four casinos earned $32.3 million this past month, a figure that is the second-lowest this year and fourth-lowest over the past 12 months:
| Month | Total Revenue | % Change, Monthly |
|---|---|---|
| September 2024 | $32,259,370 | -10.26% |
| August | $35,945,924 | 6.31% |
| July | $33,812,231 | 2.75% |
| June | $32,908,743 | -8.91% |
| May | $36,125,880 | 3.43% |
| April | $34,929,378 | -9.67% |
| March | $38,669,189 | 12.74% |
| February | $34,298,726 | 13.15% |
| January | $30,311,619 | -19.04% |
| December 2023 | $37,442,477 | 19.09% |
| November | $31,439,185 | -2.99% |
| October | $32,406,654 | -2.07% |
| September | $33,092,030 | 3.04% |
| August | $32,114,781 | -6.19% |
Hollywood Casino posted the highest revenue numbers of the month, edging out Kansas Star by just over $1,000:
- Hollywood Casino: $12.6 million
- Kansas Star Casino: $12.6 million
- Boot Hill Casino: $3.9 million
- Kansas Crossing Casino: $3.2 million
Year-on-year, revenue dipped 2.5%, falling $832,660 from $33.1 million in September 2023.
Categoría:Reports & Data
Tags: Sin tags
País: United States
Región: North America
Event
SIGMA EUROPA – Malta 2024
11 de November 2024
SiGMA Europe: key experience for 21VIRAL's growth in Latin America
(Malta, SoloAzar Exclusive).- 21VIRAL's CEO, Christoph Härtel, shared his vision on his participation in the SiGMA Europe 2024 fair, held in Valletta, Malta and his strategic view of the LatAm market.
Monday 09 Dec 2024 / 12:00
"SiGMA Europe 2024 was a great opportunity for us": Bryam Jacquet, TaDa Gaming
(Malta, SoloAzar Exclusive).-In this article, TaDa Gaming Business Development Director shares the key learnings after his participation in SIGMA Europe 2024, the strategic plans for 2025 and how they face the regulations of the different global gaming markets.
Friday 06 Dec 2024 / 12:00
Delivering customisable and localised products is key to WA.Technology, according to Dave Hickey
(Malta, SoloAzar Exclusive).- Dave Hickey, WA.Technology Director of Sports Operations, granted an interview to SoloAzar, in which he remarked that participating at recent SIGMA Europe was a golden opportunity to meet with partners and industry leaders. The full spectrum of iGaming solutions took centre stage at the show, too.
Thursday 05 Dec 2024 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.