Kansas posts $261.3m sports wagering handle for December
The state’s combined online and retail wagering handle marks monthly fall, but yearly rise.
Key points:
– Online handle rises year-on-year, but drops in comparison to November’s figures
– Retail continues to decline both monthly and yearly
– DraftKings leads the way online, with ESPNBet’s Hollywood accounting for $6.1m of retail wagers
Figures posted by the Kansas Lottery reveal a combined retail and online sports wagering handle of $261.3m for the month of December, with online leading the way and DraftKings as the state’s primary online operator.
Sports wagering: Online
Figures posted by the Kansas Lottery highlight that $252.8m of the state’s overall wagering handle was accounted for by online betting, with the remaining $8.4m coming from Kansas’ four retail locations.
Year-over-year, these numbers represent a 1.5% increase for online wagering. However, when compared to figures from the month prior, online dropped by 9.9%. These latest results from December bring Kansas’ online wagering handle for the fiscal year to date up to $1.29bn.
Leading the way online in Kansas during December 2024 was DraftKings, whose took $112.2m in wagers via Boot Hill during the month. DraftKings was closely trailed by FanDuel who took $79.1m via Kansas Star during the month.
Interestingly, in December, US senators called for an antitrust investigation into the two operators, with DraftKings also posting a loss of around $293.7m for Q3 2024.
Sports wagering: Retail
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Regarding retail, it was ESPN Bet’s Hollywood location which led the way, accounting for $6.1m of the overall $8.4m wagered in the state during December. Overall, Kansas’ total retail wagering handle represented a 23.2% decline year-over-year, juxtaposing the state’s online results.
Further, in comparison to the month prior, retail wagering handle also dropped by 34.5%. This is reflective of the explosion in online sports wagering in the United States that has come about since the overturning of PASPA in 2018. Now, figures from December 2024 bring the total retail wagering handle for the fiscal year to date in Kansas up to $46.3m.
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