Kansas reports $172m sports betting handle during May
Wagers placed around the state this year have surpassed the $2bn mark.
The Kansas Lottery has released its statewide sports betting results for the month of May. The recent report also included the state’s year-to-date figures.
During May, Kansas players wagered more than $172m. Retail sports betting brought in nearly $8.1m of the total handle for May, while online wagers contributed the remaining $164m to the total.
Operators last month walked away with nearly $9.8m in revenue, while the state gained a tax payment of more than $976,000.
Hollywood casino took in the largest amount of retail bets, in partnership with Barstool and ESPN Bet. The casino raked in $6.5m in wagers at its retail site. Other heavy hitters on the retail side included FanDuel at Kansas Star and Caesars at Kansas Cross, which took bets totaling $748,252 and $551,975 respectively.
However, DraftKings dominated when it came to online bets. The operator, in partnership with Boot Hill, took in nearly $75m in wagers online during for May.
FanDuel and BetMGM grabbed the number two and three spots last month, with online wagers reaching $51.3 and $13.5m respectively.
Sports betting has been legal in Kansas’ four casinos since 2022. However, historic horseracing (HHR) facilities are currently prohibited from having sportsbooks on site but can partner with mobile app providers to offer players online sports betting.
So far this year, Kansas’ sports betting handle has reached $2.22bn. Operators have reported a year-to-date revenue of more than $107m.
More than $10.7m in taxes have been paid to the state so far this fiscal year.
The Kansas Racing and Gaming Commission recently approved licensing for a Park City historic III gaming venue. Kansas passed a bill in 2022 to pave the way for both historic horseracing and sports betting. Senate Bill 84 outlines specific requirements, including allowing one facility in Sedgwick County.
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