Kansas Sports Betting Handle, Taxes Continue to Rise in October

Kansas Sports Betting Handle, Taxes Continue to Rise in October
Fact Checked by Michael Peters

There was no sophomore slump to be found in the sports betting report the Kansas Lottery released for October on Wednesday.

Kansas sportsbooks saw a total wagering handle of $189,919,311 — with $181,682,175 of that coming from online bets alone.

The handle for the Sunflower State represented a 18.3% increase, month-over-month, from the $160,527,361 in cumulative wagers the lottery reported during Kansas’ opening month of operations in September.  

The other highlight-worthy number from the lottery’s October report was the net revenues that the state raked in, which climbed 16.2%, month-over-month, from $1.269 million to $1.44 million in October.

Cory Thone, the public information officer for the lottery, told BetKansas.com in an emailed statement the state’s sports betting marketplace has exceeded the agency’s expectations, heading into the heart of the NFL and college football seasons.

“Sports betting in Kansas is off to a great start! Players are excited to take part, both at in-person sportsbooks and via mobile platforms,” Thone said. â€śThe rollout was overwhelmingly successful thanks to all the hard work by so many, and now players are having a blast taking part in the action. As always, we encourage everyone to have fun and play responsibly.”

Bonus Bets Expire in 7 Days. One New Customer Offer Only. Must be 21+ to participate & present in KS. Gambling problem? Call 1-800-522-4700 . Visit BetMGM.com for Terms & Conditions. US promotional offers not available in NY, NV, or Puerto Rico.

Kansas Sports Betting, October vs. September

Total Handle Mobile HandleRevenue (GGR)
October$189.919M$181.682M $1.438M
September$160.527M$155.206M$1.238M
Change Up 18.3% Up 17.1% Up 16.2%


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What to Know About Kansas’ October Report

October represented the second straight month of Boston-based operator DraftKings Sportsbook Kansas being the No. 1 revenue generator in the market.

In total, DraftKings raked in $83,557,936 in wagers during the month, up 12.6% from the $74,184,545 the company brought in during September’s opening month in the state.

Trailing DraftKings was FanDuel Sportsbook ($51,611,526), BetMGM Sportsbook Kansas ($23,031,683), Barstool Sportsbook ($8,682,889) and PointsBet ($2,643,228).

Of those operators, only BetMGM saw its handle go down, month-over-month, dropping 17.6%, from the $27,963,901 the company reported during September.

As far as Kansas betting apps taxes are concerned, $452,331 in federal excise taxes were collected during October, with an additional $141,088 paid to the state.

The state’s cut of sports betting taxes increased 8.8%, month-over-month, from the $129,617 in September.

Boot Hill’s DraftKings retail sportsbook opened its doors in October and raked in $191,201 in wagers, which ranked third, behind Hollywood Casino at Kansas Speedway’s Barstool Sportsbook ($6,532,862) and Kansas Star’s FanDuel retail facility ($1,513,073).

It’s early, but the fledgling Kansas sports betting scene has already eclipsed $350 million in handle through two months of operation.

Must be 21+ to participate & present in the state of Kansas. T&Cs Apply. Gambling Problem? Call 1-800-522-4700.
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Author

Christopher Boan

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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