For Immediate Release: October 10, 2022 Contact: Cassie Nichols [email protected]
Governor Laura Kelly Announces Kansas Sports Wagering is Off to a Winning Start
~~In One Month, Sports Wagering Generates $1.3M in Total Revenue, $130k for State~~
TOPEKA – Governor Laura Kelly today announced that in the single month that sports wagering has been legal, it has generated a total of $1.3 million in revenue, including nearly $130,000 for the State of Kansas.
“These revenues reinforce what we already knew: Legal sports betting is a common-sense solution that keeps Kansans’ money in Kansas and supports Kansas businesses,” Governor Laura Kelly said. “While legal wagering is just in its infancy, these revenues will continue to grow and benefit the state over time.”
“Sports betting has successfully kicked off in Kansas, and players could not be more excited to get in on the action,” Stephen Durrell, Executive Director of the Kansas Lottery, said. “The launch went smoothly thanks to the efforts of our casino partners, the sports wagering platforms, the KRGC, and our staff at the Kansas Lottery. We will continue to work to make sports betting in Kansas safe, secure, and fun for all players as we expand and grow.”
Sports Wagering Revenues As of Month Ending September 30, 2022
|
Casino Facility
|
Platforms
|
Revenues
|
State Share
|
Kansas Star
|
FanDuel
|
$207,722
|
$20,772
|
Hollywood
|
Barstool Sports
|
$762,305
|
$76,230
|
Kansas Crossing
|
BetMGM, Caesar's, PointsBet
|
$326,147
|
$32,615
|
Boot Hill
|
DraftKings
|
$ -
|
$ -
|
Totals
|
$1,296,174
|
$129,617
|
Revenues reported by the Kansas Lottery are from settled and completed bets and don't account for 'future wagers' placed like the Super Bowl, World Series, or MVP awards. Facilities or platforms presenting a zero-revenue are due to promotional play and player acquisition, in which those platform providers are responsible for payment until there is net positive revenue.
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