It was a mixed bag of results in the penultimate month of the year for Kansas sportsbooks, with record-high gaming revenue and taxes offsetting a slight decline in overall wagering handle.
In total, the half-dozen sports betting operators in Kansas raked in $186,353,708 in wagers during November, which represented a 1.87% decrease from the $189,919,311 in the October Kansas sports betting revenue report.
Interestingly, the Sunflower State’s gross gaming revenue and tax cut soared, with GGR increasing eightfold, from $1,438,196 to $8,002,730, while taxes to the state rose from $141,088 to $795,784.
Kansas sports betting apps and retail locations have now brought in $536,800,033 in handle since launching Sept. 1.
“We are very pleased with the successful rollout of sports betting in Kansas, and it appears that players from all across the state are eager to take part,” said Cory Thone, Kansas Lottery Public Information Officer. “As always, we want to remind everyone to remember to play responsibly and to have fun. Good luck to everyone out there.”
Kansas Sports Betting, November vs. October
DraftKings Sportsbook Continues Its Reign in Kansas
For the third consecutive month, Boston-based DraftKings Sportsbook Kansas secured the No. 1 spot by share of sports betting handle.
The national mobile sportsbook stalwart raked in $76,190,785 in November, finishing well ahead of runner-up, FanDuel Sportsbook Kansas, which reported $50,601,581 in wagers during the month.
New York’s BetMGM Sportsbook Kansas retained the third spot in Kansas during November with $25,391,532 in handle. Barstool Sportsbook ($12,273,517), Caesars Sportsbook ($9,737,508) and PointsBet ($2,856,561) rounded out the list for the month.
Of the six licensed mobile sportsbooks in Kansas, four finished November with a larger handle than they earned in October. BetMGM, Barstool, Caesars Sportsbook, and PointsBet grew their share of the revenue pie during the month.
The state’s top two operators saw their share of the Sunflower State’s revenues slump in November, with DraftKings Sportsbook dropping from $83,557,936 in October to $76,190,785. FanDuel Sportsbook fell from $51,611,526 to $50,601,581.
Kansas Sports Betting Taxes, GGR Jump in November
The news out of Topeka wasn’t totally negative, though, with the state’s gross gaming revenues and tax cut jumping seven-fold in November.
Thanks to a drop in free bets handed out by Kansas sportsbooks, operators saw their GGR and tax contributions rocket upwards in November, with only BetMGM Sportsbook failing to deliver positive revenue during the month.
FanDuel Sportsbook had the highest share of the state’s GGR, at $4,816,404, followed by DraftKings Sportsbook ($1,151,346), Barstool ($776,570), Caesars Sportsbook ($413,639), and PointsBet ($44,899).
FanDuel also led the way in taxes paid to the state at $481,640, with DraftKings Sportsbook ($115,135), Barstool ($77,657), and Caesars Sportsbook ($41,364) being the only others to contribute.
Both BetMGM and PointsBet contributed zero tax dollars in November due to promotional play during the player acquisition period, according to the Kansas Lottery.
BetKansas.com is the home to all the Kansas sportsbook promos.
Kansas Casinos Down in November
The trend in gaming revenues in November wasn’t exclusive to sports betting in Kansas, as the state’s four casinos saw a slight decline in casino play as well during the month.
Overall, the four facilities saw overall revenues of $31,621,545 in November, down 4% from the $32,954,485 raked in during October, and 0.32% from the $31,723,751 from last November.
The state’s cut of casino revenues were also down 4%, month-over-month, from $7,249,987 in October to $6,956,740 in November.
In terms of overall casino market share, Kansas Star was the leader at $12,609,169, followed by Hollywood Casino ($12,124,106), Boot Hill ($3,694,559) and Kansas Crossing ($3,193,711).