Pity the Kansas City area’s five casinos. They didn’t rake in as much money this year as they did last.
Revenue for 2014 was $719 million, a reduction of 2.7 percent from the 2013 total of $739.3 million, The Kansas City Star reports. The total take in 2012 was $759.1 million.
The Kansas City area casino market likely gives gamblers too many choices with the revenue pie being divided by Ameristar, Argosy, Harrah’s Isle of Capri and Hollywood. Also don’t forget the Native American-run 7th Street Casino in Kansas City, Kan., which didn’t report its numbers.
It’s possible to blame the casino revenue decline on the lingering effects of the recession. But the money fall-off also could be from a lingering gambling fatigue among people who had frequented the casinos.
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The image change also hasn’t helped. The area casinos had been called the “boats,” giving gamblers a sense that they were going someplace special.
The newer casinos in fields and downtown Kansas City, Kan., blow away the riverboat notion kind of like the gambling houses make people’s money quickly disappear like magic.