The Kansas Lottery announced the state saw nearly a quarter billion dollars in wagers in September, a $100 million increase from the previous month.
The summer is over and the fall sports schedule is picking up. That means sports betting is back on people’s minds and unsurprisingly, operator handle and revenue are picking up as well.Kansas's six sportsbook operators combined for $248.8 million in bets for September, $100 million higher than the $147 million handle
And when bettors lose, the sportsbooks and legislators win. The net revenues came to $18.3 million, nearly three times higher than August’s $6.5 million. The tax bill to the state hit $1.8 million.handle and revenue. September reinforced that hierarchy as DraftKings and BetMGM recorded the highest monthly growth compared to the competition. Compared to August, BetMGM’s online action rose 85% and DraftKings' grew 76%.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Top Basketball Recruit Sets Date To Decide Between Kansas State, Three OthersDarryn Peterson is deciding between Kansas State, Kansas, USC and Ohio State
Read more »
UNLV Rebels vs. Kansas Jayhawks - Final Score - September 13, 2024View the UNLV Rebels vs. Kansas Jayhawks football game played on September 13, 2024. Box score, stats, odds, highlights, play-by-play, social & more.
Read more »
Philly had 10 homicides in September, the lowest monthly total in nearly a decadeThe 10 killings in September were the fewest in a month since April 2015, police statistics show.
Read more »
Homicides in Philadelphia hit 9-year monthly low in September: 'We are not helpless'There were fewer people killed in Philadelphia last month than any other month in the previous 9-years.
Read more »
Kansas Sports Betting Handle Spikes 56% Year-Over-Year in AugustThe Kansas Lottery reported $146.9 million in sports betting wagers with gross revenue reaching $10.6 million in the last full month of summer.
Read more »
Missouri Sports Betting Sparks Concern Among Kansas University ProfessorsStudy finds bettors are drawing on savings and increasing their reliance on credit cards for sports betting.
Read more »