State lottery and gaming revenues set record

? The state of Kansas took in $155 million in lottery and casino gaming revenues during the fiscal year that just ended, a record high for the state, the Kansas Lottery reported.

Lottery officials said the money transferred to the state general fund included $75 million from the sale of traditional lottery tickets, or about $1 million more than the state had anticipated.

And the state received $80 million from the state’s 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 state officials had expected.

Kansas Lottery executive director Terry Presta said the record high take from traditional lottery sales came during a year when the lottery industry faced significant challenges.

“High jackpots were in short supply for Powerball and Mega Millions, and high jackpots are what drive sales,” he said. “Plus a new national game we were counting on for $6 million in sales collapsed in other state lotteries before Kansas could even begin selling it.”

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.

By law, the state general fund receives 29.5 percent of the proceeds from traditional lottery sales. At least 45 percent of the proceeds must be paid out in prizes.

The state receives 22 percent of the revenue from each of the three casinos. The casino management companies keep 73 percent.

During the last fiscal year, the Kansas Star Casino in Mulvane was the most profitable for the state, transferring just under $40 million to the state general fund. The Hollywood Casino at Kansas Speedway in Kansas City netted $31.4 million for the state, followed by the Boot Hill Casino and Resort in Dodge City at $8.9 million.