Kansas Lottery

BUTLER NATIONAL CORPORATION ANNOUNCES THIRD QUARTER FISCAL YEAR 2024 FINANCIAL RESULTS

Retrieved on: 
Friday, March 15, 2024

OLATHE, Kan., March 15, 2024 /PRNewswire/ -- Butler National Corporation (OTCQB: BUKS), a leader in the growing global market for aircraft modification, maintenance, repair and overhaul (MRO) and a recognized provider of gaming management services, announces its financial results for the third quarter fiscal 2024 ended January 31, 2024. 

Key Points: 
  • Third quarter fiscal 2024 net income was $2.4 million compared to a net income of $2.0 million in the third quarter fiscal 2023.
  • Third quarter fiscal 2024 operating income was $3.8 million compared to $3.4 million in third quarter fiscal 2023.
  • During the three months ended January 31, 2024, we invested approximately $845 in the development and acquisition of new products.
  • With continued favorable gaming activity, production and the flow of orders, Butler National should have a positive end to fiscal 2024.

BUTLER NATIONAL CORPORATION ANNOUNCES SECOND QUARTER FISCAL YEAR 2024 FINANCIAL RESULTS

Retrieved on: 
Monday, December 18, 2023

OLATHE, Kan., Dec. 18, 2023 /PRNewswire/ -- Butler National Corporation (OTCQB: BUKS), a leader in the growing global market for aircraft modification, maintenance, repair and overhaul (MRO) and a recognized provider of gaming management services, announces its financial results for the second quarter fiscal 2024 ended October 31, 2023. 

Key Points: 
  • Second quarter fiscal 2024 net income was $5.0 compared to a net income of $2.7 in the second quarter fiscal 2023.
  • Second quarter fiscal 2024 operating margin was 18% compared to 21% in second quarter fiscal 2023.
  • Butler National companies, Avcon Industries, Inc. and Butler Avionics, Inc. concentrate on enhancements to Learjet, Beechcraft King Air, Cessna Caravan, Gulfstream, and other turbine powered aircraft.
  • It is important to note that any such performance and actual results, financial condition or business, could differ materially from those expressed in such forward-looking statements.

BUTLER NATIONAL CORPORATION ANNOUNCES FIRST QUARTER FISCAL YEAR 2024 FINANCIAL RESULTS

Retrieved on: 
Thursday, September 14, 2023

OLATHE, Kan., Sept. 14, 2023 /PRNewswire/ -- Butler National Corporation (OTCQB: BUKS), a leader in the growing global market for aircraft modification, maintenance, repair and overhaul (MRO) and a recognized provider of gaming management services, announces its financial results for the first quarter fiscal 2024 ended July 31, 2023. 

Key Points: 
  • First quarter fiscal 2024 net income was $719 compared to a net income of $431 in the first quarter fiscal 2023.
  • First quarter fiscal 2024 operating margin was 7% compared to 11% in first quarter fiscal 2023.
  • Butler National companies, Avcon Industries, Inc., Butler Avionics and Butler National Tempe, in the Aerospace Products segment, concentrate on Learjet, Beechcraft King Air, Caravan, Gulfstream, and Cessna turbine engine aircraft, as well as electronic controls.
  • It is important to note that any such performance and actual results, financial condition or business, could differ materially from those expressed in such forward-looking statements.

Scientific Games Expands Lottery Game Licensing Agreement for Iconic Warner Bros. Entertainment Brands

Retrieved on: 
Tuesday, July 18, 2023

ATLANTA, July 18, 2023 /PRNewswire/ -- Scientific Games announces an exclusive new, multi-year agreement with Warner Bros. Discovery Global Themed Entertainment to bring the premier global entertainment and media company's iconic brands to digital and retail lottery games. The expanded partnership with Warner Bros. Discovery Global Themed Entertainment features limited worldwide rights on iconic motion picture and television brands including CADDYSHACK, ELF, FRIENDS, NATIONAL LAMPOON'S VACATION, THE WIZARD OF OZ and WILLY WONKA & THE CHOCOLATE FACTORY.

Key Points: 
  • Discovery Global Themed Entertainment to bring the premier global entertainment and media company's iconic brands to digital and retail lottery games.
  • Scientific Games expands lottery game licensing agreement for iconic motion picture and television brands.
  • The global lottery company also announced this week the long-awaited addition of the epic GAME OF THRONES brand, now available for the first time in retail and digital lottery games.
  • Scientific Games provides retail and digital games, technologies, analytics and services to 130 lotteries in 50 countries, including nearly every North American lottery.

BUTLER NATIONAL CORPORATION ANNOUNCES THIRD QUARTER FISCAL YEAR 2023 FINANCIAL RESULTS

Retrieved on: 
Thursday, March 16, 2023

OLATHE, Kan., March 16, 2023 /PRNewswire/ -- Butler National Corporation (OTCQB: BUKS), a leader in the growing global market for aircraft modification, maintenance, repair and overhaul (MRO) and a recognized provider of gaming management services, announces its financial results for the third quarter fiscal 2023 ended January 31, 2023.  The Company will defer the conference call for the quarter to a planned fiscal year end results call following the filing of the Company's Form 10-K.

Key Points: 
  • Revenue increased 16% to $20.5 million in the three months ended January 31, 2023, as compared to $17.6 million in the three months ended January 31, 2022.
  • Third quarter fiscal 2023 net income was $2.0 million compared to a net income of $2.7 million in the third quarter fiscal 2022.
  • During the three months ended January 31, 2023, we invested approximately $ 578  in the development and acquisition of new products.
  • Butler National companies, Avcon Industries, Inc., Butler Avionics and Butler National Tempe, in the Aerospace Products segment, concentrate on Learjet, Beechcraft King Air, Cessna turbine engine aircraft, as well as electronic controls.

BUTLER NATIONAL CORPORATION ANNOUNCES SECOND QUARTER FISCAL YEAR 2023 FINANCIAL RESULTS AND CONFERENCE CALL

Retrieved on: 
Thursday, December 15, 2022

OLATHE, Kan., Dec. 15, 2022 /PRNewswire/ -- Butler National Corporation (OTCQB: BUKS), a leader in the growing global market for aircraft modification, maintenance, repair and overhaul (MRO) and a recognized provider of gaming management services, announces its financial results for the second quarter fiscal 2023 ended October 31, 2022.  In conjunction with the release, the Company has scheduled a conference call Friday, December 16, 2022 at 10:00 AM Central Standard Time.

Key Points: 
  • Our engineering team resolved the supply chain shortages in Aerospace Products that shifted deliveries from first quarter into early second quarter.
  • Secondquarter fiscal 2023 net income was$2.7million compared to a net income of$3.2million in the secondquarter fiscal 2022.
  • Secondquarter fiscal 2023operating margin was 21%compared to 25%in secondquarter fiscal 2022.
  • Butler National companies, Avcon Industries, Inc., Butler National Tempe, and Butler Avionics,in Aerospace Products concentrate on Learjet, Beechcraft King Air, Cessna turbine engine, Cessna multi-engine piston and Dassault Falcon 20 aircraft.

BetMGM Launches Mobile Sports Betting in Kansas

Retrieved on: 
Thursday, September 1, 2022

JERSEY CITY, N.J., Sept. 1, 2022 /PRNewswire/ -- BetMGM, a leading sports betting and iGaming operator, today launched its mobile app in Kansas. Customers now can fully access BetMGM's state-of-the-art online sports wagering platform, providing a wide variety of betting options as well as the opportunity to earn experiences at MGM Resorts' premier destinations across the country.

Key Points: 
  • JERSEY CITY, N.J., Sept. 1, 2022 /PRNewswire/ -- BetMGM, a leading sports betting and iGaming operator, today launched its mobile app in Kansas.
  • "We're confident sports fans across the Sunflower State will enjoy the excitement of wagering with BetMGM," said BetMGM CEO Adam Greenblatt.
  • "We would like to thank the Kansas Racing and Gaming Commission, Kansas Lottery and Kansas Crossing Casino for being great partners and supporting our efforts."
  • The BetMGM app features a user-friendly sports betting platform, making it easy to customize pre-game, live in-play, futures and parlay wagers.

BUTLER NATIONAL CASINO SUBSIDIARY ANNOUNCES ITS LAUNCH OF MOBILE SPORTS BETTING IN KANSAS

Retrieved on: 
Thursday, September 1, 2022

OLATHE, Kan., Sept. 1, 2022 /PRNewswire/ -- Butler National Corporation (OTCQB: BUKS), through its wholly-owned subsidiary that manages Boot Hill Casino & Resort in Dodge City, Kansas, will launch online mobile sports betting through its online platform partner, DraftKings Inc. (NASDAQ: DKNG), today.

Key Points: 
  • "We're excited to be a part of the launch of sports betting in the State of Kansas.
  • Kansans can now access the latest betting markets as well as bet on local teams like the Kansas City Chiefs, Kansas City Royals, Kansas Jayhawks, Kansas State Wildcats and Sporting KC," said Clark Stewart, President and CEO of Butler National Corporation.
  • "We'd especially like to thank the Boot Hill Casino & Resort team, DraftKings, the Kansas Lottery and the Kansas Racing and Gaming Commission for all their efforts.
  • In 2008, Butler National Service Corporation (a Butler National Corporation subsidiary) proposed and was awarded a contract to manage the Boot Hill Casino & Resort in Dodge City.

BUTLER NATIONAL CASINO ANNOUNCES MOBILE SPORTS BETTING AGREEMENT WITH GOLDEN NUGGET ONLINE GAMING

Retrieved on: 
Friday, August 26, 2022

OLATHE, Kan., Aug. 25, 2022 /PRNewswire/ -- Butler National Corporation (OTCQB: BUKS), through its wholly-owned subsidiary that manages Boot Hill Casino & Resort in Dodge City, Kansas, has entered into an agreement with Golden Nugget Online Gaming, LLC (GNOG), a subsidiary of DraftKings, Inc. (NASDAQ: DKNG), that could bring GNOG's online interactive sportsbook to Kansas, subject to receipt of licenses and regulatory approvals.

Key Points: 
  • "Golden Nugget Online Gaming is a recognized and established brand within the gaming industry.
  • "In addition, we're excited for DraftKings, as the parent company of Golden Nugget Online Gaming, to be able to bring Kansans a seamless, safe and premium sports betting experience through its Golden Nugget Online Gaming branded sportsbook, subject to receipt of requisite regulatory approvals."
  • GNOG's mobile sportsbook would offer eligible Kansans a robust, interactive suite of sports betting solutions and Kansas City fans will recognize the "Golden Nugget Online Gaming" brand as a trusted and legacy provider of gaming entertainment.
  • In 2008, Butler National Service Corporation (a Butler National Corporation subsidiary) proposed and was awarded a contract to manage the Boot Hill Casino & Resort in Dodge City.

BUTLER NATIONAL CASINO SUBSIDIARY SPORTS BETTING MANAGEMENT CONTRACT WITH KANSAS LOTTERY APPROVED

Retrieved on: 
Thursday, August 18, 2022

OLATHE, Kan., Aug. 18, 2022 /PRNewswire/ -- Butler National Corporation (OTCQB: BUKS), through its wholly-owned subsidiary that manages Boot Hill Casino & Resort in Dodge City, Kansas, has received Sports Wagering Management Contract approval from the Kansas Lottery.

Key Points: 
  • OLATHE, Kan., Aug. 18, 2022 /PRNewswire/ -- Butler National Corporation (OTCQB: BUKS), through its wholly-owned subsidiary that manages Boot Hill Casino & Resort in Dodge City, Kansas, has received Sports Wagering Management Contract approval from the Kansas Lottery.
  • The Sports Wagering Management Contract provides for the management of sports wagering, both in-house at the Boot Hill Casino, as well as through three Kansas Lottery approved Interactive Sports Wagering Platforms.
  • Following the enactment of the Kansas Expanded Lottery Act (KELA), Butler National competed for a contract to manage a Lottery Gaming Facility for the State of Kansas.
  • In 2008, Butler National Service Corporation (a Butler National Corporation subsidiary) proposed and was awarded a contract to manage the Boot Hill Casino & Resort in Dodge City.