Kansas economic forecasters say the state's share of casino revenues for the next budget year will be around $24 million. When
the expanded gambling law passed in 2007, supporters said the four
state-owned casinos and slot machines at three race tracks would
generate $200 million a year for the state.
But that was before two casino companies pulled out of the
running and the tracks closed.
Senate Ways and Means Chairman Dwayne Umbarger said Wednesday the reduced estimates will compound the budget problem. The state faces a $141 million budget deficit when its current budget year ends June 30. Left unaddressed, it could grow to $1 billion by the end of fiscal 2010.
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