Thursday, August 5, 2010

SMG in the News: Another Good Year... BOK Center Posts Profit

By World's Editorial Writers
Published: 7/27/2010 2:22 AM
Last Modified: 7/27/2010 4:50 AM

It was another good year for Tulsa's BOK Center — it did even better than last year's profitable and somewhat surprising performance. And the future continues to look promising.

The new arena brought in $2.8 million in sales tax revenue and showed a $1.6 million profit. That equals last year's $2.8 million in tax revenue and exceeds last year's $1.1 million profit.

Even during difficult economic times the arena's first year was wildly successful. Some expected a continued tough economy and a reduced curiosity effect to dampen the second year's revenue.

But the quality of shows brought to Tulsa by SMG kept the arena on pace.


As the economy slowly recovers there is no reason not to expect the arena to continue its success, especially with the quality of shows it presents.

The BOK Center is the success proponents thought it would be: Attendance is up, profits remain stable or better and much-needed sales tax revenue continues.

Tulsa County voters made a good decision to build the BOK Center with Vision 2025 funding.

Read more from this Tulsa World article at