It’s been more than seven months since a half-dozen Kansas sportsbooks began accepting online and retail wagers.
Since that Sept. 1 soft launch, the operators in the Sunflower State have taken in more than $1.3 billion in wagers, while generating more than $111 million in gaming revenue and $3.6 million in wagering taxes.
The six operators — in Barstool Sportsbook Kansas, BetMGM Sportsbook Kansas, Caesars Sportsbook Kansas, DraftKings Sportsbook Kansas, FanDuel Sportsbook Kansas and PointsBet Kansas — are coming off a record-setting month in March, with $206,287,094 in handle.
Through First 7 Months of Sports Betting
Kansas
- Population: 2,937,880
- Sept. 2022-March 2023: $1,325,159,867 in handle/$111,740,904 in revenue/$3,603,668 in taxes
Iowa
- Population: 1,426,108
- Aug. 2019-Feb. 2020: $271,570,474 in handle/$23,271,720 in revenue/$1,570,983 in taxes
Colorado
- Population: 5,773,714
- May-November 2020: $901,203,146 in handle/$58,689,340 in revenue/$2,433,832 in taxes
Wyoming
- Population: 581,381
- Sept. 2021-March 2022: $77,332,319 in handle/$6,938,143 in revenue/$222,109 in taxes
Arkansas
- Population: 3,011,524
- July 2019-Jan. 2020: $13,862,747 in handle/$1,590,439 in revenue/$206,900 in taxes
Tennessee
- Population: 7,051,339
- Nov. 2020-May 2021: $1,239,144,523 in handle/$109,924,908 in revenue/$21,043,918 in taxes
States Sorted By Handle
How Kansas Sportsbooks Stack Up Overall
Out of the seven states surveyed, Kansas betting apps ranked No. 1 in handle and gaming revenue, while placing second behind Tennessee in wagering taxes.
State operators, however, did have the advantage of offering Kansas sportsbook promos through two more months of the football season than Tennessee did on its launch. And Colorado’s opening seven months of operation didn’t include March Madness or a full football season.
Arkansas, which finished last in all categories among the seven states, launched as retail only. It didn’t add online sports betting until March 2022.
Kansas’ sports betting handle of $1,325,159,867 beat out No. 2 Tennessee ($1,239,144,523) and Colorado ($901,203,146) through those states’ first seven months of operation.
The state’s sports betting revenue finished ahead of Tennessee and Colorado as well, with Kansas finishing with $111,740,904 in revenue, compared with $109,924,908 for Tennessee and $58,689,340 for Colorado.
When it comes to taxes, Kansas finished as a distant runner-up behind Tennessee, which had $21,043,918 in taxes during their first seven months of business compared to the $3,603,668 that Kansas sportsbooks chipped in between September and March.
Overall, Kansas sportsbooks finished ahead of their peers in Colorado, Iowa, Wyoming and Arkansas in all three categories, showing the strength of the state’s sports betting marketplace.
With the Sunflower State coming off a record-breaking month in March and the NFL season fast approaching, more records are likely to fall in Kansas before 2023 comes to an end.
