At long last, Kansas

JP Morgan has initiated coverage of the Kansas market, long out of sight. It’s coming off a strong (up 6%) March, finishing at $40 million. Boyd Gaming‘s Kansas Star Casino & Resort was dominant, grossing $18 million on an 8% gain. It was followed by Penn National Gaming‘s Hollywood-branded casino at the Kansas Speedway, which raked in $14 million, a 6.5% increase. Boot Hill Casino kicked it up 14%, ending at $4 million while Kansas Crossing brought up the rear with $3.5 million.

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