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Yum Center not as profitable as projected

The KFC Yum Center has had spectacular successes since opening in 2010, but making huge profits isn't one of them.

The Courier-Journal reports that the Kentucky State Fair Board, which manages the facility, expects about $500,000 in net income from operations in 2011.

That's less than half of the $1.2 million that officials budgeted for - and a far cry from the $3.7 million that was predicted when the project was financed in 2008.

The newspaper reports there could be ramifications for paying off the arena due to the smaller profit margin.

(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)


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