Tickets.com Client Spotlight: BOK Center

SMG Takes Tulsa’s BOK Center To $1.1 Million Profit For Year One

IAAM Newsletter

Since the opening of Tulsa’s BOK Center, a SMG–managed facility, it has crushed all expectations for its inaugural fiscal year, generating $2.8 million in sales tax revenue and posting a $1.1 million venue profit.

With the fiscal year spanning from July 1, 2008, until June 30, 2009, original estimates had the arena generating $1.6 million in sales tax revenue, but it reached $2,825,424. The budget was based on achieving a $285,543 profit, while the arena made $1,097,965.

“The numbers show it's been a spectacular year for us,” BOK Center/SMG General Manager John Bolton said. “Tulsans have responded in an amazing way. It speaks a lot to the caliber of the building, the quality and variety of events we've had, our SMG staff, and the ticket-buying public, who have kept coming.”

During its first fiscal year, the BOK Center hosted 166 events, selling over 35.7 million dollars in tickets and an attendance total of over 700,000.