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.
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.
Kansas Sports Betting, April vs. March
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%).