All About Kansas Sports Betting Handle And Revenue

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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, July vs. June

 

Total handle

Mobile Handle

Revenue (GGR)

July

$173.873M

$171.166M

$10.494M

June

$185.151M

$181.732M

$17.249M

Change

Down 6.1%

Down 5.8%

Down 39.2%

The typical mid-summer sports betting swoon bit Kansas wagering operators in July. The sports betting handle fell somewhat and revenue dropped sharply in the Sunflower State in a month-over-month comparison with June, underpinning the slowdown that comes from not having football to bet on.

Overall, Kansas’ total sports betting handle in July was $173,872,672, down 6.1% from June ($185,151,156), while the state’s mobile sports betting handle of $171,166,091 was down 5.8% from June ($181,732,151), according to figures that the Kansas Lottery posted on Aug. 14.

While the drop in wagering handle was noticeable, the state’s total sports betting revenue was a downright plummet. That figure declined 39.2%, going from $17,248,596 in June to $10,494,293 in July. For mobile sportsbook apps, revenue was $10,215,762 last month, a 39.5% decrease from $16,882,901 in June.

Total sports betting taxes (state share) decreased by the same respective percentages. The state collected $1,049,429 in July, down from $1,724,860 in the previous month; mobile sports betting taxes (state share) totaled $1,021,576, compared to June’s $1,688,290.

The top mobile sports betting handles by provider in Kansas during July were DraftKings ($58,627,325), BetMGM ($53,432,225), FanDuel ($36,916,446), Fanatics ($10,622,123), Caesars Sportsbook ($6,995,136), ESPN BET ($4,518,705) – plus, making its Kansas debut, bet365, which reported $54,131 in handle. The official launch date for the worldwide wagering goliath’s statewide product, bet365 Kansas Sportsbook, was Aug. 6, though some online wagering was reported during the seventh month of the year for the seventh operator in the state.

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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