Kansas Sports Betting Handle, Casino Revenue Down In April

Kansas Sports Betting Handle, Casino Revenue Down In April
Fact Checked by Michael Peters

The month of April was a mixed bag for Kansas sports betting, with a sizable decline in handle but a slight gain in revenue.

For the Sunflower State’s sportsbooks, April saw a sports betting handle of $132,981,289, representing a 35.9% month-over-month decline from March’s record total of $206,287,094.

The six licensed Kansas sportsbook apps generated $9,197,202 in sports betting revenue during the fourth month of the year, up 0.9% from March’s $9,113,472.

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As far as wagering taxes are concerned, sportsbooks in the state chipped in $919,720, which was also up 0.9% from March’s $911,159.

Kansas’ casinos, on the other hand, saw $35,508,090 in revenues during April, which was a 6.1% drop from March’s total of $37,824,410. The four state-owned casinos saw a 1.5% year-over-year decline in revenue in April, from the $36,031,139 the facilities raked in during the same period in 2022.

Kansas’ casinos chipped in $7,811,780 to the state during the month, down 6.1% from March’s share of $8,321,370 and 1.5% from last year’s total of $7,926,851.

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Kansas Sports Betting, April vs. March

Total Handle Mobile HandleRevenue (GGR)
April$132.981M$126.251M $9.197M
March$206.287M$197.023M$9.133M
Change Down 35.5% Down 35.9% Up 0.9%

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How Kansas Betting Handles Have Evolved

April’s sports betting handle was the lowest in Kansas’ short sports betting history, coming in below September’s debut handle of $160.5 million.

Through eight months of reporting, Kansas sportsbooks — helped by Kansas sportsbook promo codes — have generated $1,458,141,146 in handle, averaging out to just over $182.2 million per month.

As for the operators themselves, DraftKings Sportsbook Kansas had the largest share of the state’s handle at $52,987,549 in April, giving the Boston-based operator just over $585.5 million through eight months.

The No. 2 operator, both in April and through eight months, was FanDuel Sportsbook Kansas, which took in $39,657,981 in wagers to raise their total to $427,011,537 from September to April. 

After that was BetMGM Kansas ($13,908,556 in April, $184,042,390 total).

Caesars Sportsbook Kansas finished ahead of Barstool Sportsbook Kansas in handle during April by taking in $13,908,556.

Barstool Sportsbook Kansas ($8,416,970 in handle in April) is still the No. 4 operator by handle through eight months at $92,707,526, followed by Caesars Sportsbook Kansas ($84,138,672) and PointsBet Kansas ($17,472,191).  

As far as market share is concerned, DraftKings Sportsbook Kansas leads the way, generating 40.2% of the state’s $1,458,141,146 total through eight months, followed by FanDuel Sportsbook Kansas (29.3%), BetMGM Sportsbook Kansas (12.6%), Barstool Sportsbook Kansas (6.4%), Caesars Sportsbook Kansas (5.8%) and PointsBet Kansas (1.2%).

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Author

Christopher Boan is a lead writer at BetKansas.com specializing in covering state issues. He covered sports and sports betting in Arizona for more than seven years.

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