Kansas sportsbooks generated $25.5 million in revenues in November across online and retail platforms from a sports betting handle of $291 million, both records for the sports betting market launched in September 2022.
According to the revenue report released by the Kansas Lottery, the handle increased by 5.5 percent month-over-month, jumping from $275.9 million. Meanwhile, revenues increased by 412.2 percent to hit a record in November.
The $5 million in revenues collected in October in Kansas was part of a U.S.-wide trend of low revenues despite large sports betting handles. Like other states that have declared sports betting figures for November, such as North Carolina, Kansas has rebounded from this revenue slump to hit its new record high.
Most of the sports betting handle and revenue was generated by online sports betting operations, with these sites bringing in $279 million of the handle and $24.7 million of the revenue. DraftKings handled the most of any sportsbook, taking more than $128 million in bets. Meanwhile, Fanatics Sportsbook posted the most significant handle increase year-over-year, jumping by 246.8 percent.
The retail sports betting handle rose statewide but fell at two of the four operational retail sportsbooks: DraftKings at Boot Hill and FanDuel at Kansas Star.
