NewsJanuary 14, 2009
K.C. casino revenue falls for first time
KANSAS CITY, Mo. -- For the first time since Missouri casinos opened in 1994, Kansas City's riverboat gambling venues took in less money than the previous year. The 2008 take was just more than $719 million, about $1.5 million short of nearly $721 million in 2007. Revenue was up 1.5 percent in December, the first full month after voters repealed the state's loss limit...
The Associated Press
KANSAS CITY, Mo. -- For the first time since Missouri casinos opened in 1994, Kansas City's riverboat gambling venues took in less money than the previous year.
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The 2008 take was just more than $719 million, about $1.5 million short of nearly $721 million in 2007. Revenue was up 1.5 percent in December, the first full month after voters repealed the state's loss limit.
It appears the area's casino revenue grew for the year when the tribal-owned 7th Street Casino in Kansas City, Kan., is included. Based on revenue-sharing payments to the Wyandotte County Unified Government, slot machines drained more than $10 million from the Missouri marketplace in 2008.
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