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Home In Depth Analysis

Kansas sports betting reaches $94.4m in August

Sienna Goddard by Sienna Goddard
September 8, 2023
in Analysis, Brand Updates, Casino, Companies, Data & Statistics, News, Sports Betting
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The amount of money that Kansas players spent on sports betting increased from month to month in August, reaching $94.4m (PS75.6m/EUR88.1m), despite a decline in state revenue.

The monthly handle is 18.4% more than the $79.7m reported by July. This total was made up of $90.6m from online wagering and $3.8m in retail wagering.

The revenue for the month fell to $4.8m. The $6.8m revenue posted the month before was down 29.4%.

In August, online wagering generated $4.5m in revenue, while retail sales accounted for $359,216.

Boot Hill Casino, DraftKings and other online casinos are leading the pack in August

When comparing the monthly performance of operators, Boot Hill Casino’s partner DraftKings and Boot Hill Casino led the segment in online. The partnership generated $1.8m online revenue on $42.9m of bets.

Kansas Star Casino and FanDuel came in second place with $1.6m of revenue and $27.0m of handle. Kansas Crossing Casino, BetMGM and Kansas Star Casino rounded out the top three with $564.204 in revenue and $8.0m of player wagers.

Hollywood Casino at Kansas Speedway at Barstool dominated the retail sector. The revenue was $287,284 on a $2.9m handle.

Kansas Star’s FanDuel retail sportbook was the closest competitor, with a revenue of $30,666 and $610,738 wagered.

The state collected $484.366 in tax during the month. This includes $448.445 in online taxes and $35.921 in retail sales taxes.

Tags: BetMGMBoot Hill CasinoDraftkingsFanDuelKansas Star Casino
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