The Sunflower State shattered its sports wagering mark in the eleventh month.

Kansas established a new sports betting handle record for the third consecutive month in November, with patrons placing a total of $260.9 million (£204.5 million/€237.5 million) digitally and at physical locations.

The total for November was 4.5% greater than the previous record of $249.7 million set in October. It was also 40.0% greater than the $186.4 million wagered in Kansas in November of the previous year.

Of the total, $251.7 million was wagered online, with the remaining $9.2 million wagered at retail sportsbooks in Kansas.

However, the record handle was not sufficient to propel revenue to a new peak. Kansas sports betting revenue reached $8.9 million in November. This was 38.2% lower than the record $14.4 million in October, but 11.3% higher than the $8 million in November 2022.

Kansas’ online sports betting revenue accounted for $8.2 million of the total. Retail sportsbooks generated $753,778 in revenue from wagers.

Boot Hill and Kansas Star surpassed $100 million in handle.

Dissecting the market, Boot Hill Casino and DraftKings remain the leaders in Kansas’ online space. The partnership generated $4.2 million in revenue from a total handle of $109.6 million.

Trailing closely behind are Kansas Star and FanDuel, which generated $2.8 million from a handle of $80.1 million. The partnership between Kansas Crossing and BetMGM ranked third, generating $962,326 in revenue from a handle of $24.1 million.

Within the realm of retail gambling, Barstool and Hollywood Casino at Kansas Speedway are at the forefront. This collaboration yielded $528,142 in earnings from a total of $6.3 million wagered.

FanDuel and Kansas Star are also prominent players in the retail sector, generating $174,148 in revenue from $1.7 million in wagers. Caesar’s and Kansas Crossing closely trail, generating $51,488 in revenue from $463,914 in bets.

Kansas collected $892,968 in gaming taxes for the month. Of this sum, $817,590 originated from online gaming, while $75,378 came from retail operations.

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By admin

This talented writer and mathematician holds a Ph.D. in Applied Mathematics and a Masters in Probability Theory. With a deep understanding of the intricacies of casino games, they have published numerous articles on game theory, probability, and combinatorics in relation to gambling. Their expertise in discrete mathematics and stochastic processes has made them a sought-after consultant for licensed casinos worldwide. Their articles, reviews, and news pieces provide valuable insights into the world of casino gaming.

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