Kansas Lottery, Casino Revenue Hit Record High
Associated Press - July 15, 2015 9:47 pm
The Kansas Lottery is reporting a record high $155 million in lottery and casino gambling revenues during the fiscal year that just ended.
The Lawrence Journal-World reports the state received $80 million from its share of profits from the three state owned and operated casinos in Kansas City, Mulvane and Dodge City. That was about $1.3 million more than expected. The state receives 22 percent of the revenue from the three casinos.
Lottery officials released unaudited figures showing sales of traditional lottery tickets grew 2.2 percent, to $264 million, during the fiscal year. Total revenues at the three casinos reached $365 million.
The state general fund receives 29.5 percent of the proceeds from traditional lottery sales. At least 45 percent of the proceeds have to be paid out in prizes.