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Kustom Entertainment, Inc. Announces Partnership with Gilley’s Gambling Hall to Bring Multi-Season Music Festivals to Park City, Kansas

(Very Positive)
Tags
partnership

Kustom Entertainment (NASDAQ:KUST) announced that subsidiary Kustom 440 partnered with Gilley’s Park City, owned by Ruffin Properties, to host multi-season music festivals starting fall 2026, with full seasons in 2027.

The 2027 Country Stampede Kansas will move to Gilley’s June 25–27, nearly doubling venue capacity to about 35,000 and targeting over 20 show days in 2027, featuring camping, food and beverage options, and premium fan experiences.

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Positive

  • 2027 Country Stampede Kansas moving to Gilley’s with capacity up to 35,000
  • Partnership targets more than 20 festival show days in 2027
  • Multi-season festival agreement expands Kustom’s live entertainment footprint
  • New venue enables added camping, amenities, and premium fan experiences

Negative

  • Festival relocation may disappoint fans attached to current Bonner Springs setting

News Market Reaction – KUST

-15.43%
28 alerts
-15.43% Session close to close
+37.2% Peak Tracked
-33.3% Trough Tracked
$1.18M Market Cap
0.8x Rel. Volume

In the Jun 8 session, KUST declined 15.43%, reflecting a significant negative market reaction. Argus tracked a peak move of +37.2% during that session. Argus tracked a trough of -33.3% from its starting point during tracking. Our momentum scanner triggered 28 alerts that day, indicating elevated trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock dropped -15.4% in the session following this news. A negative reaction despite a growth-fo...
Analysis

The stock dropped -15.4% in the session following this news. A negative reaction despite a growth-focused partnership would fit Kustom’s recent pattern, where positive event news often preceded flat or lower prices. Investors have seen a swing from net income of $4.3M to a net loss of $5.9M, plus an operating loss of $1.3M, which may overshadow long-dated festival benefits. In that context, the market could have focused more on current profitability and balance sheet constraints than on 2027 event expansion.

Key Figures

Total revenue: $4.3M Operating loss: $1.3M Net loss: $5.9M +5 more
8 metrics
Total revenue $4.3M Quarter ended March 31, 2026 vs $3.1M prior year
Operating loss $1.3M Quarter ended March 31, 2026 vs $1.0M loss prior year
Net loss $5.9M Quarter ended March 31, 2026 vs $4.3M net income prior year
Cash used in operations $1.2M Operating cash outflow vs $5.6M prior year period
Cash and equivalents $1.2M As of March 31, 2026 vs $0.8M at year-end 2025
Total liabilities $14.8M As of March 31, 2026 vs $17.0M at year-end 2025
Total equity $4.3M As of March 31, 2026 after new share issuances and conversions
Festival capacity 35,000 people Planned capacity at Gilley’s for Country Stampede Kansas 2027

Historical Context

5 past events · Latest: May 13 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
May 13 New EDM event Positive -0.6% Announced Global Frequencies EDM show following Country Stampede weekend.
May 07 PR engagement Positive -4.3% Hired Rosen Group to expand national and regional media visibility.
Apr 27 Conference presentation Positive -1.0% Planned LD Micro talk on rebrand, divestitures, and event growth plans.
Apr 20 Festival expansion Positive +1.5% Planned fourth concert day and finalized 30th Country Stampede lineup.
Apr 20 Reverse stock split Negative +1.5% Announced 1-for-5 reverse split to meet Nasdaq bid price requirement.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent operational and branding announcements have often coincided with flat-to-negative next-day moves, indicating a pattern of muted or contrarian reactions to generally positive news.

Recent Company History

Over the last few months, Kustom has focused on expanding and rebranding its live events platform, including adding a fourth concert day for Country Stampede in Q2 2026, announcing the Global Frequencies EDM event for June 28, 2026, and engaging Rosen Group to boost media visibility. Despite these growth-focused updates and a 1-for-5 reverse split in April 2026, most prior news days saw negative or modest price reactions. Today’s multi-season festival partnership at Gilley’s continues that expansion narrative around Country Stampede and the owned-event portfolio.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Country Stampede KANSAS 2027 to take place June 25–27, 2027, at Gilley’s Park City

Overland Park, KS., June 08, 2026 (GLOBE NEWSWIRE) -- Kustom Entertainment, Inc. (KUST-NASDAQ), a live entertainment and music festival company (“Kustom” or the “Company”), today announced that its wholly-owned subsidiary, Kustom 440, Inc., entered into a partnership with Ruffin Properties, LLC, owner of Gilley's Park City (“Gilley’s”) to produce and host music festivals throughout the spring, summer, and fall seasons beginning in 2027, with select events planned for fall 2026.

Country Stampede Kansas celebrates its 30th anniversary on June 25-27, 2026, in Bonner Springs, Kansas. As part of the agreement, the 2027 edition of Country Stampede Kansas will be held at Gilley's from June 25-27, 2027, marking a major next chapter for one of the region's leading country music festivals while enhancing the experience Country Stampede fans know and love.

The move to Gilley’s will allow Kustom to nearly double the capacity of its current venue and host shows for up to 35,000 people. The added space will give Kustom the ability to expand and customize the festival experience with larger crowds, camping, food and beverage options, and other on-site amenities including more premium fan experiences.

The partnership will bring a new festival experience to Park City, KS, a suburb of Wichita, and is expected to include more than 20 show days in 2027. The events will feature live music, camping, food and beverage options, and other festival amenities designed to create a full destination experience for fans, artists, and the surrounding community.

Patrons attending the 2026 Country Stampede Kansas will receive the first look at what the future festival experience at Gilley’s will include. Kustom plans to showcase early details of the Park City festival concept during the 2026 Country Stampede in Bonner Springs. When tickets go on sale for 2027, current ticket holders will also have early access before the general public. Tickets to 2026 Country Stampede Kansas in Bonner Springs, KS can be purchased at www.countrystampede.com.

“This partnership with Gilley’s is an exciting step for Kustom Entertainment as we continue to grow our festival footprint,” said Stan Ross, CEO of Kustom Entertainment, Inc. “Though we know there will be some fans who love the current setting, we assure fans that this partnership will provide an even better overall experience. Gilley’s, Park City, and the Wichita area have a strong live music culture and provide a unique setting to build upon and enhance the best parts of the Country Stampede. The shift in location allows us to expand the fan experience through camping, amenities, and great live music.”

Phil Ruffin, owner of Gilley’s Gambling Hall Park City, Treasure Island Hotel & Casino, and Circus Circus Hotel & Casino in Las Vegas, said he is excited about the partnership and the long-term opportunity it creates.


Stan Ross (Left) CEO, Kustom Entertainment, Inc.
Phil Ruffin (Right) Owner, Gilley’s Gambling Hall Park City, KS

“Country Stampede and Gilley’s share a strong connection through country music and live entertainment,” said Ruffin. “Our country and western atmosphere, guest experience, and hospitality make Gilley’s an ideal setting for this iconic event. We are honored to partner with Country Stampede as it begins its next chapter in Park City.”

“Country Stampede will bring significant energy and visibility to our community,” Ruffin added. “Beyond the entertainment value, the festival will generate meaningful economic benefits for local businesses and introduce new visitors to everything Park City and the Wichita region have to offer. We are committed to working with festival organizers and community partners to make the 2027 event a success.”

Sean Fox, Park City’s City Administrator, said the partnership represents a major opportunity for the city and the surrounding region.

“Park City is extremely pleased to have Gilley’s serve as the new home for Country Stampede,” said Sean Fox, Park City’s City Administrator. “This partnership aligns perfectly with Park City’s continued commitment to promoting tourism and bringing high-caliber amenities and entertainment to the city and the south-central Kansas region. Large weekend events like this create real value for our community through hotel stays, restaurant visits, fuel stops, retail traffic, rideshare use, and opportunities for local vendors. With several events planned each year, this partnership has the potential to bring repeat visitors to Park City, support local businesses, and strengthen the greater Wichita region’s profile as a live entertainment destination.”

The agreement reflects Kustom’s continued focus on building large-scale live entertainment events across North America. Through its production experience, artist relationships, and festival operations background, Kustom and partners plan to help develop Gilley’s into a seasonal destination for live music and festival fans.

Additional details including fall 2026 event dates, 2027 festival dates, artist lineups, camping packages, ticket information, and festival amenities, will be announced at a later date.

About Kustom Entertainment, Inc.

Kustom produces live music events and festivals across North America. The company focuses on creating memorable fan experiences through live entertainment, festival operations, artist booking, sponsorships, marketing, and event production.

About Gilley’s Gambling Hall

Gilley’s Gambling Hall in Park City is Wichita’s premier gaming and entertainment destination. Offering a Vegas-style experience close to home, Gilley’s features hundreds of gaming machines, simulcast horse race wagering, live entertainment, outstanding food and beverage options, and the region’s only smoke-free gaming environment.

Forward-Looking Statements:

Statements made in this press release that are not descriptions of historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and are based on management’s current expectations and assumptions and are subject to risks and uncertainties. If such risks or uncertainties materialize or such assumptions prove incorrect, our business, operating results, financial condition, and stock price could be materially negatively affected. You should not place undue reliance on such forward-looking statements, which are based on the information currently available to us and speak only as of today’s date. All statements other than statements of historical fact are forward-looking statements. These forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the Company’s performance or achievements to be materially different from any expected future results, performance, or achievements. Forward-looking statements speak only as of the date they are made, and the Company assumes no duty to update forward-looking statements, except as required by law. Actual future results, performance or achievements may differ materially from historical results or those anticipated depending on a variety of factors, some of which are beyond the control of the Company, including, but not limited to, the risks described from time to time in the Company’s periodic filings with the U.S. Securities and Exchange Commission, including, without limitation, the risks described in the Company’s 2025 Annual Report on Form 10-K under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” (as applicable). These factors should be considered carefully, and readers are cautioned not to place undue reliance on such forward-looking statements. All information is current as of the date this press release is issued, and the Company undertakes no duty to update this information. or revise these forward-looking statements for any reason, except as required by law.

Media Contact:
Kustom Entertainment, Inc.
913-456-KUST (5878)
info@kustoment.com
www.kustoment.com
www.kustom440.com
www.countrystampede.com
www.globalfreqs.com

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FAQ

What did Kustom Entertainment (NASDAQ:KUST) announce about Gilley’s Park City on June 8, 2026?

Kustom Entertainment announced a partnership with Gilley’s Park City to host multi-season music festivals beginning in 2027, with select events in fall 2026. According to Kustom, its subsidiary Kustom 440 will produce festivals featuring live music, camping, food, beverage, and other amenities.

When and where will Country Stampede Kansas 2027 take place for KUST investors to note?

Country Stampede Kansas 2027 is scheduled for June 25–27, 2027, at Gilley’s Park City in Kansas. According to Kustom, this marks a new chapter for the festival as it relocates from Bonner Springs and expands its on-site experiences.

How will the Gilley’s Park City partnership affect Country Stampede Kansas capacity for KUST?

The move to Gilley’s Park City will nearly double Country Stampede Kansas capacity, allowing shows for up to about 35,000 people. According to Kustom, the larger site supports more camping, food and beverage options, and premium fan experiences.

How many festival show days are planned at Gilley’s Park City in 2027 under KUST’s deal?

The partnership is expected to include more than 20 festival show days at Gilley’s Park City in 2027. According to Kustom, these events will run across spring, summer, and fall, positioning Gilley’s as a seasonal live music destination.

What does the Gilley’s partnership mean for Kustom Entertainment’s (KUST) growth strategy?

The partnership supports Kustom Entertainment’s focus on building large-scale live events across North America. According to Kustom, its production experience and artist relationships will help develop Gilley’s into a recurring festival hub, potentially strengthening its festival portfolio and regional presence.

Will current 2026 Country Stampede Kansas ticket holders get early access to 2027 tickets?

Yes, current 2026 Country Stampede Kansas ticket holders will receive early access to 2027 tickets before the general public. According to Kustom, 2026 attendees will also see early details of the future Gilley’s festival concept during the Bonner Springs event.