Kansas Star sees higher gambling revenue in January
01/08/2014 9:58 AM
08/06/2014 1:34 AM
The Kansas Star Casino bucked a trend by finishing with higher gambling revenue in January than in December, according to the latest figures from the Kansas Lottery.
The Mulvane casino earned $16.4 million in gambling revenue in January, up from $15.8 million in December.
Keith Kocher, gaming facilities director for the Lottery, said the trend usually is toward lower casino revenue in January than in December, when the holiday season offers more time off for people to visit casinos. The two other state-owned casinos, Boot Hill in Dodge City and Hollywood in Wyandotte County, had lower revenue in January than the previous month.
Boot Hill had $3.14 million in revenue in January, down from $3.4 million in December. The Hollywood had $10.15 million in January compared with $10.9 million the previous month, according to the Lottery.
Gaming revenue is the total cash revenue remaining from the play on slots and table games after all prizes have been paid.
The Kansas Star, which opened its permanent casino with more slot machines and food amenities in December, has earned $205 million in gaming revenue since starting operations in a temporary facility in December 2011.
By state law, $45.2 million of that total has been paid to the state, $4.1 million to a problem gambling and addictions fund, and $2 million each to the city of Mulvane and Sumner and Sedgwick counties. The rest – $150 million – has gone to the casino manager, which used to be Peninsula Gaming of Iowa until it was purchased last spring by Las Vegas-based Boyd Gaming.