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Revenues Are Hit or Miss at Kansas City Casinos

13 August 2005

Missouri Gaming Commission statistics show that revenues for two Kansas City-area casinos increased,‭ ‬while they‭ ‬decreased for another two,‭ ‬in July of this year.‭

Wichita,‭ ‬Kansas,‭ ‬authorities will be‭ ‬closely following revenue estimates‭ ‬for casinos‭ ‬in the Kansas City area.‭ ‬This is due to the fact that‭ ‬there is growing interest to‭ ‬construct casinos in the Wichita area.‭ ‬The Iowa Tribe of Kansas has shown interest in building a casino in the North of Wichita,‭ ‬in addition to‭ ‬two other groups which have not been named.‭

Globally speaking,‭ ‬revenues increased‭ ‬for the‭ ‬Kansas City market,‭ ‬with a rise of‭ ‬$60.9‭ ‬million this July,‭ ‬compared to‭ ‬$60‭ ‬million in‭ ‬2004.‭

The biggest revenue-earner in Kansas City was the Ameristar‭ ‬Casino‭ & ‬Hotel Kansas City,‭ ‬with revenues of‭ ‬$23.1‭ ‬million,‭ ‬constituting‭ ‬a five percent increase from last year‭'‬s‭ ‬$22‭ ‬million.‭ ‬Harrah's North Kansas City Casino‭ & ‬Hotel also reported revenue growth of‭ ‬7‭ ‬percent,‭ ‬with revenue increasing from‭ ‬$16.3‭ ‬million last year‭ ‬to‭ ‬$17.5‭ ‬million.‭ ‬Argosy Casino and Isle of Capri Casino,‭ ‬on the other hand,‭ ‬both decreased in revenues.‭

Source: Authorized Online Casinos News Staff


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