By Kim Hynes (WICHITA, Kan.)
The INTRUST Bank Arena has made a profit since opening in January. The Sedgwick County Commission received its first financial update Wednesday.
After hosting 19 events, the arena has profited $321,709. Those events attracted more than 93,000 people. The ticket sales generated $2.5 million. But Assistant County Manager Ron Holt told commissioners that arena manager SMG gets less than 10-percent of that income. He says the arena makes most of it's money from food and beverage sales along with premium seating.
Holt says the artist, artist's manager and promoter get most of the money from ticket sales. He says promoters are huge in keeping events coming to the arena. He says if a promoter has a bad experience and doesn't make a lot of money, they're less likely to bring more events in the future.