Kansas City casino revenue drops again

Poker chips | Courtesy of Max Bisschop/Flickr
Courtesy of Max Bisschop/Flickr

The Kansas City casino market continued its recent cold streak over the first half of 2014.

The area’s five casinos took in $361.7 million in revenue, down 4.3 percent from a year ago. That’s less than what the area casinos rang up in the first half of 2009 and barely more than their first-half totals in 2010 and 2011 — all before a fifth casino opened in the area in early 2012.

Tom Teesdale, vice president of marketing for Riverside’s Argosy casino, attributed the slow first half to customers in the region facing “significant economic headwinds” including stagnant wages, underemployment and “less discretionary income for entertainment as they have to spend more at the grocery store and gas station.”

Read more from the Kansas City Star

Tags:, , , ,

Leave a Reply

Have you heard?

Missouri Business Alert is participating in CoMoGives2019!

Find out how we plan to use your gift to enhance training and programming for our students