All About Kansas Sports Betting Handle And Revenue
The experts at BetKansas.com have assembled this guide to explain what we mean when we talk about Kansas sports betting revenue and sportsbook handle that the state reports each month.
There is an active market with many online or mobile operators as well as a growing number of retail sports wagering options at brick-and-mortar casinos in the Sunflower State.
When reports refer to handle, that means the total money wagered each month on sports in the state. In Kansas, hundreds of millions of dollars monthly are bet on sporting events. From the time legal sports betting launched in September 2022 in Kansas, legal, regulated sports bets were placed with both online sportsbooks as well as in person at one of four physical casinos.
The vast majority of sports wagers are placed online by customers using Kansas sportsbook apps.
The Kansas online gambling revenue on sports refers to the amount that operators have left after they pay out winning bets. From there, bookmakers pay 10% tax to the state on the adjusted gross revenue.
Kansas Sports Betting, August vs. July
| Total handle | Mobile Handle | Revenue (GGR) |
|---|---|---|---|
August | $146.975M | $142.899M | $6.573M |
July | $122.041M | $118.806M | $9.199M |
Change | Up 20.4% | Up 20.3% | Down 28.6% |
Kansas Sports Betting Handle and Revenue: August 2024
The final month of summer delivered sunny results for the half-dozen sportsbooks that are live in the Sunflower State. Kansas sportsbooks reported $146,975,336 in total wagering handle and $6,572,880 in gaming revenue in August.
The total Kansas sports betting handle (or amount wagered) was up 20.4% month-over-month from the $122,040,797 that was collected in July, according to Kansas Lottery figures reported on Sept. 12. August’s total this year also was up 55.7% from the total of $94,415,479 in August 2023 in a year-over-year comparison.
As far as revenues were concerned, Kansas sportsbooks took in $6,572,880 in August, which was down 28.6% month-over-month from the $9,199,475 collected in July.
That drop in revenues meant that Kansas’ sports betting tax bill was down month-over-month in August, going from $919,947 in July to $657,288. That’s also a 28.6% decline in total.
When it came to operator market share, DraftKings Sportsbook continued its dominance in Kansas, with a total handle of $67,675,642 in August. That beat out FanDuel Sportsbook ($43,789,673), BetMGM ($10,458,055), ESPN BET ($7,695,836), Fanatics ($7,152,026) and Caesars Sportsbook ($6,127,688).
Kansas Mobile Sports Betting History
Kansas Sports Betting Handle and Revenue FAQs
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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