Disappointing December but Winning 2013 for Kansas Star
Jan 17, 2014
Rural Kansas casino has undergone major expansion, appears to be reaping the benefits.
The Kansas Star casino received a net win of $192.8 million last year, marking a 5.2 percent increase over the previous year. This came despite a December during which profits were 7.6 percent lower than in the month the year prior.
2013 was the casino’s first full year in its new, larger facility. It offers standard Vegas-style table games like blackjack and poker rooms. Higher revenue was thus expected by observers and management. No official statement on the disappointing figures for December was issued.
Second Round of Expansion for the Star
The Kansas Star is currently designing a massive expansion of its non-gambling facilities including a convention/meeting facility, equestrian practice arena, and a doubling of the casino’s Hampton Inn to 300 rooms. The casino also owns 55 acres of nearby territory that it could opt to develop in the future.
Casino manger Scott Cooper told reporters that the expansion will cost roughly $300 million, 92 percent of which will go to contractors based in Kansas. Land-based casinos provide more employment than websites offering online blackjack and poker.
This appears to be a smart strategy endorsed by many casino tycoons, as it allows the casino to earn revenue by catering to clientele that is not interested in gambling. It is also positive for the nearby community, employing many people in hospitality jobs.