Kansas sports betting handle hits new record in September
The handle was $219.3m.
US.- Kansas sports betting generated a handle of $219.3m in September, a new monthly record for the state. The handle was up 132.3 per cent from August ($94.4m) and up 6.3 per cent from March ($206.3m). Of the total, $201.1m came from online betting and $18.2m from retail.
Revenue was $8.1m, up 523.1 per cent from the same month last year ($1.3m) and up 68.8 per cent from August ($4.8m). Online sports betting generated $7.6m and retail $459,336.
Boot Hill Casino and its partner DraftKings were the top performers in the online sports betting segment. They registered $97.2m in bets and $3.3m in revenue. Kansas Star Casino and FanDuel reported a $54.5m handle and $3m in revenue. Kansas Crossing Casino and BetMGM registered a handle of $21.4m and $813,946 in revenue.
Hollywood Casino at Kansas Speedway remained the retail leader. Players bet $16m at the venue, while revenue hit $393,485. Kansas Star and its FanDuel retail sportsbook reported a $1.2m handle and $11,717 in revenue.
The state collected $484,366 in taxes: $760,163 in online tax and $45,934 in retail taxes.
Kansas launched legal sports betting on September 1, 2022. During the first year, bettors wagered over $1.5bn.
Bally’s Kansas City opens expansion
Bally’s Kansas City has opened its expansion with over 35,000 square feet of new gaming and retail space. The renovation represents the most significant investment that Bally’s Corporation has made in the property since its acquisition in 2020.
Bally’s says it’s added 200 new games and a dedicated high-limit slot area. The second floor offers additional games and provides a more relaxed atmosphere. The new commercial centre has a Chickie’s & Pete’s Crabhouse and Sports Bar. Bally’s representatives, including president George Papanier, and Pete Ciarrocchi, founder and owner of Chickie’s and Pete’s, participated in a ribbon-cutting ceremony.