Kansas Gambling News - July 2024
Get the latest gambling news from the great state of Kansas for the month of July 2024.
Revenues Up in June
(July 16, 2024) The Kansas Lottery has reported that sports wagering revenue for June in the state neared $9.4 million from $140.1 million in wagers, with revenue up 128.7 percent and handle up 42.8 percent from June 2023.
June 2024 was down 18.6% month-to-month compared to May 2024.
Betting numbers crossed the $4 billion mark on the year.
Here are your market share leaders:
- ESPN Bet — $11.19 million (8%)
- BetMGM — $11.15 million (8%)
- Caesars — $6.2 million (4.6%)
- Fanatics — $4.4 million (3.2%)
Kansas' Sports Betting Handles Rises 43% Year-Over-Year in May Despite Dip
(July 6, 2024) - Kansas Lottery reported that $172.2 million was wagered for the month, while adjusted revenue reached $9.8 million.
A 9.9% hold on gross revenue led to $17.2 million in profits, up 18% year-over-year. Adjusting for promotions, federal tax, and net carryover from the previous month, May's revenue of $9.8 million was up 10% from a year ago, while falling 6% month-over-month.
Kansas sportsbooks have thus far generated more than $1 billion in handle year-to-date. June is the final month of the fiscal year, and the total amount wagered has already topped $2 billion - well ahead of the previous year’s $1.85 billion.
None of these numbers include offshore sportsbooks or local pay per head bookies.
More gambling numbers....
Currently, only Hollywood Casino and Resort has reported higher YTD revenue totals when compared to 2023.
The Boot Hill Casino and Resort reported a gaming revenue total of $4.06m for May 2024, an increase from the $3.9m figure the resort reported for May 2023.
Kansas Star Casino and Resort has also reported an increase in comparable gaming revenue figures, seeing a 10.2% increase in gaming revenue from the $12.7m total it reported for May 2023.
Will Kansas State Win Every Game This Fall?
(July 6, 2024) - Kansas State may be favored to win Under 9.5 regular season games in 2024 at -145, but don't tell that to the Gold Sheet.
That's right, the Gold Sheet has KSU winning all 12 of their regular season games.
This isn't your every day handicapping site. Founded in 1957, the GoldSheet is the country’s longest-running sports betting newsletter. Each week, the GoldSheet team delivers analysis on all NFL and college football games, along with key NBA and college basketball matchups.
The GoldSheet maintains in-depth point spread and results logs, giving sports bettors and enthusiasts the insight needed to maximize their wagers.
In half of the games, K-State is favored to win by 12 or more points.
Athlon Sports had this to say: "Given that K-State upgraded at quarterback with rising star Avery Johnson ready to step into the spotlight and has skill-position talent, the Wildcats could be dangerous. If the offensive line holds up, they should be able to pair an effective offense with an experienced defense and challenge for a second Big 12 title in three years under coach Chris Klieman.
"Linebackers Austin Moore and Desmond Purnell have 244 career tackles between them. K-State coaches feel like they have two All-Big 12-caliber safeties in Marques Sigle and VJ Payne, and Ball State transfer Jordan Riley is one of the better pickups in the entire conference."
Kansas State Wildcats College Football Playoff Championship Odds to Win 2025
Rot 2025 NCAAF Championship Winner Moneyline
1001 Georgia +320
1002 Alabama +1400
1003 Ohio State +400
1004 Texas +700
1005 Michigan +2500
1006 Oregon +800
1007 LSU +1600
1008 Ole Miss +1500
1009 Florida State +2500
1010 Clemson +4000
1011 Penn State +2600
1012 Notre Dame +2400
1013 USC +6000
1014 Oklahoma +6000
1015 Texas A&M +4000
1016 Tennessee +3500
1017 Washington +20000
1018 Utah +6000
1019 Missouri +3500
1020 Miami Florida +4000
1021 Arizona +10000
1022 Kansas State +7000
1023 Wisconsin +15000
1024 Auburn +10000
1025 Louisville +10000
1026 Florida +15000
1027 Texas Tech +20000
1028 TCU +30000
1029 Oklahoma State +15000
1030 North Carolina State +20000
1031 North Carolina +20000
1032 Kansas +15000
1033 Colorado +20000
1034 UCLA +25000
1035 UCF +25000
1036 SMU +20000
1037 Nebraska +15000
1038 Iowa State +30000
1039 Iowa +30000
1040 Boise State +40000
1041 Arkansas +30000
1042 Michigan State +40000
1043 Kentucky +30000
1044 West Virginia +40000
1045 Virginia Tech +50000
1046 South Carolina +40000
1047 Maryland +40000
1048 California +50000
1049 UTSA +50000
1050 Baylor +50000
1051 Arizona State +60000
1052 Tulane +60000
1053 Oregon State +50000
1054 Mississippi State +50000
1055 Minnesota +60000
1056 James Madison +50000
1057 Georgia Tech +70000
1058 BYU +80000
1059 Troy +60000
1060 Illinois +80000
1061 Cincinnati +70000
1062 Fresno State +80000
1063 Duke +80000
1064 Washington State +80000
1065 Coastal Carolina +80000
1066 Wake Forest +80000
1067 Boston College +80000
1068 UNLV +80000
1069 Toledo +80000
1070 Air Force +80000
1071 Syracuse +60000
1072 San Jose State +80000
1073 Pittsburgh +80000
1074 Liberty +50000
1075 Houston +80000
1076 Wyoming +100000
1077 Western Kentucky +100000
1078 Virginia +100000
1079 Appalachian State +100000
1080 Stanford +100000
1081 South Florida +100000
1082 South Alabama +100000
1083 Northwestern +100000
1084 Florida Atlantic +200000
1085 Colorado State +200000
1086 Vanderbilt +200000
1087 Utah State +200000
1088 UAB +200000
1089 Texas State +200000
1090 San Diego State +200000
1091 Old Dominion +200000
1092 Ohio +200000
1093 New Mexico State +200000
1094 Navy +200000
1095 Miami Ohio +200000
1096 Memphis +100000
1097 Marshall +200000
1098 Indiana +100000
1099 Georgia State +200000
1100 Georgia Southern +200000
1101 East Carolina +300000
1102 Bowling Green +300000
1103 Army West Point +300000
1104 North Texas +300000
1105 Nevada +300000
1106 Louisiana-Lafayette +300000
1107 FIU +500000
1108 Eastern Michigan +500000
1109 Western Michigan +500000
1110 Charlotte +500000
1111 Central Michigan +500000
1112 UTEP +500000
1113 Buffalo +500000
1114 Ball State +500000
1115 Arkansas State +500000
1116 Tulsa +500000
1117 Temple +500000
1118 Southern Mississippi +500000
1119 Rice +500000
1120 Northern Illinois +500000
1121 New Mexico +500000
1122 Middle Tennessee +500000
1123 Louisiana Tech +500000
1124 Hawaii +500000
1125 ULM +500000
1126 UConn +500000
1127 Akron +500000
1128 Massachusetts +500000
1129 Kent State +500000
Chiefs Super Bowl Odds
Rot 2025 NFL Super Bowl Winner Moneyline
1001 San Francisco 49ers +650
1002 Kansas City Chiefs +550
1003 Baltimore Ravens +900
1004 Cincinnati Bengals +1400
1005 Buffalo Bills +1400
1006 Detroit Lions +1200
1007 Philadelphia Eagles +1600
1008 Dallas Cowboys +1800
1009 Miami Dolphins +2200
1010 Green Bay Packers +1800
1011 New York Jets +2200
1012 Houston Texans +1400
1013 Los Angeles Chargers +3500
1014 Jacksonville Jaguars +4000
1015 Los Angeles Rams +3000
1016 Chicago Bears +3500
1017 Atlanta Falcons +2500
1018 Cleveland Browns +4000
1019 Indianapolis Colts +7000
1020 Minnesota Vikings +6000
1021 Tampa Bay Buccaneers +7000
1022 Pittsburgh Steelers +4000
1023 Seattle Seahawks +8000
1024 New Orleans Saints +8000
1025 Arizona Cardinals +8000
1026 Las Vegas Raiders +8000
1027 Denver Broncos +10000
1028 Washington Commanders +12500
1029 New England Patriots +15000
1030 New York Giants +15000
1031 Tennessee Titans +15000
1032 Carolina Panthers +25000
Kansas Current Sports Betting Market
The legal age to bet online and in person is 21. Opening an online betting account can be done from one's own home via a licensed website's registration page.
The only sites regulated by the state are FanDuel, Fanatics, DraftKings, BetMGM, ESPN Bet and Caesars.
With the limited competition, offshore sportsbooks and local bookies using sportsbook software still thrive in the Sunflower State.
Kansas Gambling Tax Rules
A tax rate of 10% will be applied to all sports betting revenue in Kansas for all regulated websites. Additionally, a federal tax of 24% is tacked onto gambling winnings in the U.S.
What You Can't Bet in Kansas as of June 2024
Politics, eSports and novelty bets are not available from state regulated websites. These options can be found on sites that are licensed internationally and still accessible to those in Kansas.
Can I Play on Internet Casinos in Kansas?
Kansas does not currently regulate online casino sites. Many offshore sportsbooks offer online casinos to those in the state as do pay per head sites that offer online casinos as part of their package.
Can I Play Online Poker in Kansas?
Poker is only available via internationally licensed websites like ACR Poker.
Pros and Cons of Gambling in Kansas
There are very few restrictions when it comes to Kansas regulated websites outside of the limited competition at this time. The state promises licensing up to around a dozen sites but the population really does not allow for this. Be prepared to provide your social security number when joining one of the six regulated sites. Many in the state still opt for local bookies as they offer anonymity, lack of reporting and often more options, not to mention betting on credit. Local bookies, however, are not regulated by the state.
|
