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Kansas Sports Betting Generates $130,000 in Taxes During September

Robert Linnehan

by Robert Linnehan in Sports Betting News

Updated Oct 11, 2022 · 7:14 AM PDT

Chiefs TE Travis Kelce
Sep 11, 2022; Glendale, Arizona, United States; Kansas City Chiefs tight end Travis Kelce (87) celebrates his touchdown against the Arizona Cardinals at State Farm Stadium. Nfl Cardinals Nfl Game Kansas City Chiefs At Arizona Cardinals
  • Kansas Gov. Laura Kelly announced sports betting figures this week
  • Kelly reported the sports betting generated $1.3 million in sports betting revenue for casinos
  • $130,000 will go to the state in taxes

The first month of Kansas sports betting is in the books and it’s resulted in nearly $130,000 in sports betting taxes for the state.

Gov. Laura Kelly (D) reported Monday that four state casinos reported $1.29 million in sports betting revenue during the month of September. It resulted in $129,617 in sports betting taxes for the Sunflower State.

It’s the first official revenue report released by the state.

Kansas Sports Betting on a Roll

Before Kelly’s announcement, the Kansas Lottery reported more than 2.4 million sports bets had been placed from Sept. 1 through Sept. 11.

The four casinos contracted with the state to offer sports wagering through independent platforms are Boot Hill Casino & Resort; Ford County near Dodge City; Kansas Star Casino in Mulvane; Hollywood Casino at Kansas Speedway, Kansas City, KS; and Kansas Crossing Casino & Hotel in Pittsburg.

Boot Hill is currently partnered with DraftKings and Bally Bet; Kansas Star Casino is partnered with BetMGM and FanDuel; Hollywood Casino at Kansas Speedway is partnered with Barstool Sportsbook and FOX Bet; and Kansas Crossing Casino and Hotel is partnered with Caesars Sportsbook and PointsBet.

Here are the revenue results for the month of September.

  • Boot Hill Casino and Resort: No revenue due to promotional credits
  • Kansas Star Casino: $207,722
  • Hollywood Casino at Kansas Speedway: $762,305
  • Kansas Crossing Casino and Hotel: $326,147

Online Sports Betting Dominating Kansas

According to Stephen Durrell, the Kansas Lottery director, online sports betting has been by far the dominant method of betting in the state.

“Sports betting has successfully kicked off in Kansas, and players could not be more excited to get in on the action. 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,” Durrell said.

The sports betting bill levies a 10% tax on retail and online sports betting. The law is expected to bring in nearly $10 million annually in taxes, of which 80% will be earmarked to lure professional sports franchises to relocate to the state. This means upwards of $8 million a year could be invested into the specialized “Attracting Professional Sports in Kansas” fund.

 

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