The Kansas City Chiefs' Super Bowl 57 victory over Philadelphia was cause for celebration among Kansas sports fans, but not as much for the state’s sports betting operators.
Kansas sports betting handle was $194 million in February, down almost 6% from January according to a revenue report provided by the Kansas Lottery on Thursday.
And perhaps due to local fans cashing in on the Chiefs' success on Feb. 12 against the Eagles, the state’s sports betting revenue dropped nearly 100% in February to $35,916, down from nearly $6 million in January.
Kansas betting apps contributed only $1,134 in state taxes for the month.
According to a mid February Super Bowl betting report from the Kansas Lottery, state fans wagered $24.7 million on the big game and cashed winning tickets worth $39.2 million.
Kansas Sports Betting, February vs. January
With the NCAA men’s and women’s basketball tournaments kicking off next week, BetKansas.com is the place to be for Kansas betting promos.
DraftKings Continues Dominance in Kansas
DraftKings Sportsbook Kansas maintained its spot as the state’s dominant operator in February, taking $74 million in wagers for the month.
FanDuel Sportsbook Kansas maintained its second spot, announcing $69.97 million in handle.
BetMGM ($18,927,994), Barstool ($10,959,670), Caesars ($10,199,174) and PointsBet ($1,774,358) rounded out the state’s operators in order of handle.
In the January Kansas revenue report, the state had $206 million in handle — the most handle in a month since sports betting launched in September.
Casino News Better for February
For the four state-run casinos (Boot Hill Casino & Resort, Dodge City; Kansas Star Casino & Resort, Mulvane; Hollywood Casino & Resort, Kansas City and Kansas Crossing Casino & Resort, Pittsburg) February casino revenue was $34,031,782, up 2.8% from January ($33,114,509).
It was also up 4.5% from February 2022. The state share in February (at 22%) was $7,486,992, which was up 2.8% from January.
Kansas Star was the leader in revenue for the month with $13,502,301, followed closely by Hollywood Casino at $12,972,091. Boot Hill ($3,952,240) and Kansas Crossing ($3,605,150) were both under $4 million in revenue for the month.
