Kansas City Casino Revenue Drops From Last Year's Numbers

A major crisis is striking casinos around the country. The economy is causing concern for casino owners who are watching their revenue numbers drop with each passing month.

Kansas city area casinos released their bad news regarding revenue late this week. The revenue numbers dropped in June from $60.5 million last year to $58.8 million this year.

Although the numbers are not extremely down, they do show a disturbing trend that is happening to many casinos in the United States. The decrease for the Kansas City casinos was 2.8 percent from the previous year.

Not only is revenue down for these casinos, but the amount of people that are visiting the casino is also down 2.9 percent from last year. 909,740 people visited the Kansas City casinos last year compared to 882,941 in this June.

Ameristar Casino & Hotel Kansas City actually increased their revenue from the previous June. Their revenue numbers were $21.49 million last year. This year they jumped to $21.56, not a major increase, but at least positive numbers for an industry that is struggling.

Las Vegas has been the standard by which casinos are judged and even they are experiencing below average numbers. Casino operators are for the first time acknowledging that the economy is playing a part in sagging revenue.



2008-07-12