Kansas Sports Betting Handle Clears $200 Million For 1st Time in January

Kansas Sports Betting Handle Clears $200 Million For 1st Time in January
Fact Checked by Michael Peters

The first month of the year was a historic one for Kansas sports betting, with the Sunflower State eclipsing $200 million in handle for the first time.

In total, the six Kansas mobile betting apps collected $206,060,734 in wagers during January, which represented a 13.2% month-over-month increase from December’s $181,977,180.

More importantly, January’s handle erased a two-month slump that saw the state’s wager amount drop from $189,919,311 in October to $186,353,708 in November and $181,977,180 in the final month of 2022.

The overall gross gaming revenue from January dropped 41.9% month-over-month, from December’s $10,305,912 to $5,991,876.

Here’s what else to know about January’s report the Kansas Lottery released Friday morning.

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Kansas Sports Betting, January vs. December

Total Handle Mobile HandleRevenue (GGR)
January$206.061M$196.673M$5.992M
December$181.977M$171.185M $10.306M
Change Up 13.2% Up 14.9% Down 41.9%

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Kansas Casinos See Revenue, Taxes Drop in January

The month of January wasn’t as sweet for the four state-owned casinos in Kansas, with a single digit drop in revenues and taxes during the month.

In total, the quartet reported $33,114,509 in revenue during January, representing a 5.5% month-over-month decline from the December Kansas revenue report total of $35,047,939.

It wasn’t all bad news for the facilities, though, as January’s total represented a 10.6% year-over-year increase from the $29,936,527 the casinos raked in during the first month of 2022.

The state’s cut of the casino action in January was $7,285,192, down 5.5% from December ($7,710,547).

Overall, Mulvane’s Kansas Star Casino & Resort was the leader in revenues at $13,435,567, followed by Hollywood Casino & Resort of Kansas City ($12,631,653), Dodge City’s Boot Hill Casino & Resort ($3,630,648) and Kansas Crossing Casino & Resort of Pittsburg, which finished at $3,416,641 for the month.

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DraftKings Continues Kansas Dominance

Among the main themes from January’s report was the continued success DraftKings Kansas has achieved in the marketplace.

The Boston-based operator had $77,667,973 in handle January, topping FanDuel Kansas ($63,371,236) for the No. 1 spot in the state for the fifth straight month.

The state’s other four mobile sportsbooks finished with much smaller returns in January, with BetMGM Sportsbook Kansas ranking third at $25,186,598, followed by Caesars Sportsbook Kansas ($15,116,513), Barstool Sportsbook Kansas ($12,676,870) and PointsBet Kansas ($2,654,224).

Through five months of operation, DraftKings Sportsbook Kansas is the commanding leader in market share at $376,698,109 (40.7%), followed by FanDuel Sportsbook Kansas ($254,893,107/26.6%), BetMGM Kansas ($127,075,139/14.2%), Barstool Sportsbook Kansas ($61,633,456/6.8%), Caesars Sportsbook Kansas ($49,129,920/4.7%) and PointsBet Kansas ($12,367,774/1.4%).

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Handle Up While Taxes Decline

Both FanDuel Sportsbook Kansas and Caesars Sportsbook Kansas set new monthly handle records in January, with FaDuel breaking $60 million in handle, while Caesars surged past $10 million in handle for the first time.

But despite the big handle numbers, both revenue and taxes dropped in January. The 41.9% drop in revenue for the month led to a 41.6% drop in taxes taken in by the state — to $598,745 in January from $1,026,140 in December.

January figures to be a big month for handle across the country, as New York state has already reported a new monthly national handle record of $1.788 billion in January.

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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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