The Kansas Lottery reported a handle of $140.1 million and adjusted gross revenue of $9.36 million, both higher than the previous year’s totals.
While the Kansas Lottery's reported handle of $140.1 million and adjusted gross revenue of $9.36 million were down from May, sports betting in the Sunflower State was year-over-year.that $140.1 million was wagered in a month with fewer NBA and NHL playoff games to entice bettors. With MLB being the only high-volume major sport, Kansas online sports bettingThe lesser action was helped by the 6.7% hold from adjusted revenue rising a point from May’s win rate.
Operators surpassed $50 million in adjusted gross revenue with June’s haul, an 84% increase from 2023’s first half. Promotional credits have also decreased exponentially, with online sportsbooks hanging out more than $87 million in June 2023 alone. in June with a handle of $66.2 million while FanDuel was second at $39.8 million. The mobile sportsbooks combined for most of the monthly revenue, continuing their reign in Kansas.
BetMGM generated $11.2 million in wagers while ESPN BET’s $7.6 million came in fourth despite producing $2.5 million less than May’s handle. Retail sports betting operators saw wagering rise 51.7% year-over-year to $4.8 million. Hollywood Casino led the Sunflower State’s four brick-and-mortar sportsbooks with a handle of $3.6 million.
Kansas Star generated $536,055 in wagers, while KS Crossing reported a handle of $498,318. Boot Hill accounted for $200,849 in the amount wagered, up more than 215% year-over-year.Copyright © 1995 - 2024 CS Media Limited All Rights Reserved. If you choose to make use of any information on this website including online sports betting services from any websites that may be featured on this website, we strongly recommend that you carefully check your local laws before doing so. It is your sole responsibility to understand your local laws and observe them strictly.
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