Kansas sets new sports betting handle record in November
The November total surpassed the existing record of $249.7m in October by 4.5%. This was also 40.0% higher than the $186.4m wagered in Kansas in November last year.
Of this total, $251.7m was spent betting online, with the remaining $9.2m wagered at retail sportsbooks across Kansas.
However, record handle was not enough to also push revenue to a record high. In November, sports betting revenue in Kansas hit $8.9m. This was 38.2% behind October’s $14.4m record but 11.3% ahead of $8.0m in November 2022.
Online sports wagering accounted for $8.2m of total revenue in Kansas. A further $753,778 came from betting at retail sportsbooks.
Boot Hill and Kansas handle surpasses $100.0m
Breaking down the market, Boot Hill Casino and DraftKings remained the clear leaders in the online sector in Kansas. The partnership heralded $4.2m in revenue from $109.6m in total bets.
Next was Kansas Star and FanDuel with $2.8m from an $80.1m handle. The partnership between Kansas Crossing and BetMGM ranked third with revenue of $962,326 and a $24.1m handle.
Turning to retail, Barstool and the Hollywood Casino at Kansas Speedway led the way. This partnership generated $528,142 in revenue from $6.3m in bets.
FanDuel and Kansas Star were also second in the retail segment with $174,148 in revenue off $1.7m in bets. Caesars and Kansas Crossing followed in third with $51,488 off $463,914.
Kansas collected $892,968 in wagering taxes during the month. Some $817,590 came from online betting and $75,378 retail.