Hollywood Casino at Kansas Speedway in Kansas City, Kansas, reported $12.104 million in gaming revenues in June as compared to $12.56 million in May.
According to Keith Kocher, director of program assurance and integrity for the Kansas Lottery, the gaming revenues at Hollywood Casino during fiscal year 2017 were about even with fiscal year 2016. He made his report at the Kansas Lottery Commission meeting.
Gaming revenues at Hollywood Casino were $143.8 million in fiscal year 2016 compared with $144.58 million in 2017, according to lottery figures.
In a written report to the Kansas Racing and Gaming Commission, Hollywood Casino officials stated that gaming revenue for June 2017 was an increase of $738,000 over June of 2016. Casino officials attributed the increase to promotions during June.
Hollywood Casino officials also reported growth for May of 2017 compared to May of 2016, and pointed out revenues at the casino grew despite the overall Kansas City market declining 2.3 percent.
All four Kansas state casinos had gaming revenues of a total of $371.1 million for fiscal year 2017, as compared with three in 2016 with $364.3 million. The Kansas Crossing Casino in Pittsburg, Kan., was added during the past few months of fiscal 2017.
The adjusted net gaming revenue at Hollywood Casino for the fiscal year included 22 percent to the state of Kansas, $31.8 million; 2 percent to the problem gambling and addictions grant fund, $2.8 million; 3 percent to the Unified Government, $4.3 million; and 73 percent to the casino manager, $105.5 million.
The state’s share of the casino gaming revenues, by law, may go to the state for reduction of state debt, state infrastructure improvements and reduction of local property taxes, and other purposes designated by the Legislature, including the Kan-Grow Engineering Funds at the state universities and reduction of unfunded actuarial liability of the Kansas Public Employees Retirement System.
In other lottery reports, Terry Presta, executive director of the Kansas Lottery, stated that fiscal year 2017 was the second best year ever for the lottery.
The lottery transferred $75.2 million to the state from lottery ticket sales and games, while transferring $81.6 million to the state from the four casinos, according to lottery officials, for a combined $156.8 million to the state.
Lottery ticket sales were down 5.3 percent during the fiscal year, thought to be the result of not having as large jackpots as the previous year. Powerball sales were down 32 percent in Kansas, while Mega Millions sales were down 12 percent. Super Kansas Cash sales were up 27 percent.
The lottery added the Play On player loyalty program during the year and also added Lucky for Life, a lottery game.
