American Gambling Markets Atlas (AGMA)

Operators / Butler National

Butler National

Operator · Butler National Corporation · BUKS · Olathe, Kansas[1],[2]

butlernational.com

Diversified aerospace/defense manufacturer that also manages Kansas's state-owned Boot Hill Casino under a Kansas Expanded Lottery Act management contract.

Financials

Market cap $282M · BUKS on OTC Markets OTCQX · Oct 11, 2026[12]

Est. U.S. revenue $85.8M · FY2026 · North America segment revenue only; excludes Europe/Asia/Australia intl revenue ($12.2M of $98.0M)[13]

20162026
Fiscal yearRevenue (USD)Net income (USD)Year end
FY2026$98.0M$21.9MApr 30, 2026[11]
FY2025$84.0M$12.6MApr 30, 2025[11]
FY2024$78.4M$12.5MApr 30, 2024[10]
FY2023$75.2M$4.5MApr 30, 2023[9]
FY2022$71.5M$10.4MApr 30, 2022[8]
FY2021$61.5M$1.4MApr 30, 2021[7]
FY2020$65.9M$4.2MApr 30, 2020[6]
FY2019$58.7M$3.9MApr 30, 2019[5]
FY2018$48.3M$341KApr 30, 2018[4]
FY2017$50.6M$1.5MApr 30, 2017[4]
FY2016$44.8M$24.0KApr 30, 2016[3]

Brands

Reported revenue, last 12 months

StateVerticalHandleGGR
KansasCommercial casinos—$10.5M

Licenses

LicensedNot licensed
Alaska: Not licensedAKMaine: Not licensedMEVermont: Not licensedVTNew Hampshire: Not licensedNHWashington: Not licensedWAIdaho: Not licensedIDMontana: Not licensedMTNorth Dakota: Not licensedNDMinnesota: Not licensedMNWisconsin: Not licensedWIMichigan: Not licensedMINew York: Not licensedNYMassachusetts: Not licensedMARhode Island: Not licensedRIOregon: Not licensedORNevada: Not licensedNVWyoming: Not licensedWYSouth Dakota: Not licensedSDIowa: Not licensedIAIllinois: Not licensedILIndiana: Not licensedINOhio: Not licensedOHPennsylvania: Not licensedPANew Jersey: Not licensedNJConnecticut: Not licensedCTCalifornia: Not licensedCAUtah: Not licensedUTColorado: Not licensedCONebraska: Not licensedNEMissouri: Not licensedMOKentucky: Not licensedKYWest Virginia: Not licensedWVVirginia: Not licensedVAMaryland: Not licensedMDDelaware: Not licensedDEArizona: Not licensedAZNew Mexico: Not licensedNMKansas: LicensedKSArkansas: Not licensedARTennessee: Not licensedTNNorth Carolina: Not licensedNCSouth Carolina: Not licensedSCDistrict of Columbia: Not licensedDCOklahoma: Not licensedOKLouisiana: Not licensedLAMississippi: Not licensedMSAlabama: Not licensedALGeorgia: Not licensedGAHawaii: Not licensedHITexas: Not licensedTXFlorida: Not licensedFL
StateVerticalBrandLicenseStatusLaunched
KansasCommercial casinosBoot Hill Casino and ResortLottery Gaming Facility ManageractiveDec 1, 2009[14],[15]

Sources

  1. Boot Hill Casino · retrieved Oct 10, 2026
  2. Boot Hill Casino sports wagering partnerships · retrieved Oct 10, 2026
  3. BUTLER NATIONAL CORP Form 10-K filed 2017-07-21 · retrieved Oct 11, 2026
  4. BUTLER NATIONAL CORP Form 10-K filed 2018-07-20 · retrieved Oct 11, 2026
  5. BUTLER NATIONAL CORP Form 10-K filed 2020-07-17 · retrieved Oct 11, 2026
  6. BUTLER NATIONAL CORP Form 10-K filed 2021-07-16 · retrieved Oct 11, 2026
  7. BUTLER NATIONAL CORP Form 10-K filed 2022-07-15 · retrieved Oct 11, 2026
  8. BUTLER NATIONAL CORP Form 10-K filed 2023-07-31 · retrieved Oct 11, 2026
  9. BUTLER NATIONAL CORP Form 10-K filed 2024-07-23 · retrieved Oct 11, 2026
  10. BUTLER NATIONAL CORP Form 10-K filed 2025-07-03 · retrieved Oct 11, 2026
  11. BUTLER NATIONAL CORP Form 10-K filed 2026-07-08 · retrieved Oct 11, 2026
  12. BUKS (BUKS) quote · retrieved Oct 11, 2026
  13. Butler National Corp - Form 10-K - FY2026 (year ended April 30, 2026) · retrieved Oct 11, 2026
  14. Certified Lottery Gaming Facility Managers · retrieved Oct 10, 2026
  15. Lottery Gaming Facility Review Board Chooses Casino Manager for Southwest Kansas (press release, Sept. 26, 2008) · retrieved Oct 10, 2026