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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