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Losses Mount for Kansas City Casino Patrons

KANSAS CITY, Missouri – As reported by the Lawrence Journal-World: "As casino revenues climb to record levels this year, Kansas Citians are closing in on the dubious milestone of losing $2 million a day at the boats.

"May marked 2004's third all-time-record revenue month as the area's four riverboats won $57.9 million from gamblers. That surpassed the record $57.8 million set in March, which topped February's record $57.2 million.

"…'This growth is being driven to a large extent by marketing,' [Missouri Gaming Commission analyst Jim Oberkirsch] said of the industry's sharply competitive wave of advertising, promotions and cash coupon giveaways this spring, which appears to be attracting infrequent, low-budget players.

"While the average per-patron loss in May fell about 1 percent, to an average of $57.53 per casino visit, admissions were up 9 percent from May 2003 to 2.1 million turnstile spins…"

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