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, September vs. August

 

Total handle

Mobile Handle

Revenue (GGR)

September

$283.742M

$277.633M

$8.216M

August

$189.803M

$186.808M

$12.472M

Change

Up 49.5%

Up 48.6%

Down 34.1%

The return of college and NFL football meant big bucks for Kansas sports betting regulators and operators alike in September, according to figures that the Kansas Lottery reported on Oct. 10.

The total sports betting handle for the month was $283,742,310, up 49.5% from August ($189,802,925), with a mobile sports betting handle that finished at $277,632,579, up 48.6% from $186,808,315 in August.

But that surge in September sports betting led to a decline in total sports betting revenue during September. Customers got the better of operators during the ninth month of the year, to a degree, with Sunflower State operators taking in $8,215,618. That was a 34.1% decrease in a month-over-month comparison with August ($12,472,230). The mobile sports betting revenue dropped 36.2%, from $11,922,508 the previous month to $7,607,924 for September.

That sharp drop in wagering revenue meant that Kansas’ total sports betting taxes (state share) finished at $821,562 last month, down 34.1% from August ($1,247,223). Similarly, taxes derived from mobile sports betting taxes (state share) fell 36.2%, from $1,192,251 to $760,792.

In September, the operator breakdown for mobile handle was: DraftKings ($118,358,120), FanDuel ($89,004,769), BetMGM Kansas ($24,240,827), Fanatics ($15,443,570), bet365 ($11,831,139), Caesars ($10,674,109) and ESPN BET ($8,080,045). The bet365 Kansas sportsbook, offered via Kansas Star, launched in August.

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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