{"id":224,"date":"2024-06-27T04:30:37","date_gmt":"2024-06-27T01:30:37","guid":{"rendered":"https:\/\/ukonlinecasinoslist.icu\/2024\/06\/27\/kansas-sports-betting-revenue-hits-new-high-in-december\/"},"modified":"2024-06-27T04:30:37","modified_gmt":"2024-06-27T01:30:37","slug":"kansas-sports-betting-revenue-hits-new-high-in-december","status":"publish","type":"post","link":"https:\/\/ukonlinecasinoslist.icu\/2024\/06\/27\/kansas-sports-betting-revenue-hits-new-high-in-december\/","title":{"rendered":"Kansas Sports Betting Revenue Hits New High in December"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/eT9BYdt0HiM\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>The Sunflower State achieved a new peak in sports betting earnings in December, hitting $20.1 million (\u00a315.8 million\/\u20ac18.4 million).  However, the amount wagered was slightly below the all-time high established in November.<\/p>\n<p>Kansas surpassed its previous sports betting revenue record in December. The December earnings were 39.6% higher than the state&#8217;s previous record of $14.4 million in October. This also represents a 95.2% jump compared to December 2022&#8217;s $10.3 million and a 125.8% increase compared to November 2023&#8217;s $8.9 million.<\/p>\n<p>Of the total December revenue, online betting contributed $19.2 million, while retail betting generated $808,961.<\/p>\n<p>In terms of wagering activity, bettors spent a total of $259.7 million during the month. This was slightly less than the record $260.9 million in November but marked a 40.4% year-over-year increase.<\/p>\n<p>In December, consumers placed bets totaling $249.1 million on online betting platforms in Kansas and $10.6 million at retail sportsbooks.<\/p>\n<p>Boot Hill Casino and DraftKings continued to lead the online market. The partnership generated a total of $8.5 million in revenue and $103.8 million in wagering volume.<\/p>\n<p>Kansas Star and FanDuel came in second with $7.2 million in revenue and $86.5 million in wagering volume, followed by Kansas Crossing and BetMGM with $3 million in revenue and $22.6 million in wagering volume.<\/p>\n<p>In the retail sector, Hollywood Casino once again emerged as the top performer. The venue generated $545,035 in revenue and $7.8 million in wagering volume. <\/p>\n<p>In the realm of Kansas&#8217; retail sports betting landscape, Kansas Star and FanDuel reign supreme, mirroring the online market&#8217;s hierarchy. Kansas Star garnered $208,110 in retail earnings, processing $1.8 million in wagers.<\/p>\n<p>Boot Hill and DraftKings secured the third position, generating $42,507 in revenue and handling $417,104 in bets.<\/p>\n<p>Kansas reaped $2 million in sports betting taxes during that period. Online betting contributed $1.9 million, while retail betting generated $80,895.<\/p>\n<p>Cumulative wagers have surpassed the $1 billion mark.<\/p>\n<p>Total wagers from the start of the fiscal year to the present have reached $1.16 billion. Online betting accounts for $1.11 billion, while retail betting contributes $52.9 million.<\/p>\n<p>In terms of earnings, the aggregate figure stands at $63.1 million. Online betting contributed $59.3 million, and retail betting contributed $3.8 million.<\/p>\n<p>Cumulative taxes from the start of the fiscal year to the present have reached $6.3 million.<\/p>\n<p>Sign up for the iGaming News newsletter. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Sunflower State achieved a new peak in sports betting earnings in December, hitting $20.1 million (\u00a315.8 million\/\u20ac18.4 million). However, the amount wagered was slightly below the all-time high established in November. Kansas surpassed its previous sports betting revenue record in December. The December earnings were 39.6% higher than the state&#8217;s previous record of $14.4 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Kansas Sports Betting Hits New High in December<\/title>\n<meta name=\"description\" content=\"Kansas sports betting revenue soared in December, reaching $20.1 million, a new record for the state. 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