Kansas Breaks Sports Betting Handle Record in Record-Breaking November

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In November, sports betting in Kansas reached a new high with a total handle of $259.7 million, surpassing the record set in October by 4.5%. This figure was also 40.0% higher compared to November last year when $186.4 million was wagered.

The majority of the bets, $251.7 million, were placed online, while the remaining $9.2 million was bet at retail sportsbooks across the state.

However, despite the record handle, the revenue from sports betting in Kansas in November was $8.9 million. Although this fell 38.2% short of the previous month’s record of $14.4 million, it showed an 11.3% increase from November 2022 when $8.0 million in revenue was generated.

Of the total revenue, $8.2 million came from online sports wagering, and $753,778 was derived from retail sportsbooks.

Looking at the market breakdown, Boot Hill Casino and DraftKings remained the top performers in the online sector in Kansas, generating $4.2 million in revenue from a total of $109.6 million in bets.

The partnership between Kansas Star and FanDuel followed with $2.8 million in revenue from an $80.1 million handle. Kansas Crossing and BetMGM ranked third, generating $962,326 in revenue from a handle of $24.1 million.

In the retail sector, Barstool and the Hollywood Casino at Kansas Speedway led the way, producing $528,142 in revenue from $6.3 million in bets. FanDuel and Kansas Star came in second with $174,148 in revenue off $1.7 million in bets. Caesars and Kansas Crossing were third with $51,488 in revenue from $463,914 in bets.

During November, Kansas collected $892,968 in wagering taxes, with $817,590 coming from online betting and $75,378 from retail betting.

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Travis Chang is a highly respected writer with a deep-seated passion for gambling and online gaming. With over a decade of experience in the industry, Travis has carved out a reputation for his insightful and well-researched content on casinos, sports betting, poker, and emerging trends in online gambling. His writing is celebrated for its clarity, depth, and ability to make complex subjects accessible and engaging for a wide audience. Travis's articles provide readers with in-depth reviews, expert strategies, and the latest industry developments, empowering them to make informed decisions and enhance their gaming experiences.
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