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 to early 2023, 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, June vs. May

 

Total handle

Mobile Handle

Revenue (GGR)

June

$140.102M

$135.279M

$9.364M

May

$172.205M

$164.148M

$9.768M

Change

Down 18.6%

Down 17.6%

Down 4.1%

Kansas Sports Betting Handle and Revenue: June 2024

The end of the NBA Playoffs and the Kansas City Royals’ marathon regular season combined to provide a month-over-month drop in sports betting handle, revenue and tax dollars in June. Overall, the sextet of Kansas sportsbooks took in $140,102,333 worth of total wagering handle during the sixth month of the year, which was down 18.6% from May’s total of $172,204,880.  

The silver lining for Kansas sports betting operators was that June provided a 42.8% bump year-over-year in handle, from the $98,125,865 collected during 2023, illustrating how much the Sunflower State’s wagering scene has matured since launching in earnest in September of 2022.  

Things weren’t much rosier when it came to wagering revenues and taxes in June, however, with the former dropping 4.1% month-over-month, from $9,767,648 in May to $9,363,846 in June. The latter saw a 4.1% drop-off as well, with the state’s tax bill coming out to $936,385 in June, down from $976,764 in May, putting a dour final note on the month at large for Kansas sports betting operators.  

As far as market share was concerned, DraftKings Kansas led the way in total handle as they have in each of the 20 months reported, finishing up June with $66,232,616 in wagers, while FanDuel Sportsbook finished at No. 2 once again, at $39,845,027.  

Throw in BetMGM at $11,150,084, ESPN BET at $7,598,888, Caesars Sportsbook at $6,008,197 and Fanatics Gaming at $4,444,087 and you have the full picture of the month at large in Kansas, sports betting wise.  

A couple important notes from the Kansas Lottery: On November 14, 2023, the retail and online sportsbook operations for Hollywood Casino rebranded from Barstool Sports to ESPN BET. All account balances on the Barstool Sports platform and all wagers placed through the platform prior to the rebranding were carried over to ESPN BET. On March 28, 2024, the online sportsbook operation for Kansas Crossing Casino rebranded from PointsBet to Fanatics. All account balances on the PointsBet platform and all wagers placed through the platform prior to the rebranding were carried over to Fanatics.

Kansas Mobile Sports Betting History

Kansas Sports Betting Handle and Revenue FAQs

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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