In the heartland of the US, Kansas is making some serious betting waves! The sports handle hit an incredible $1.85 billion in just one year, and August added a cool $94.4 million to the pot! 🚀🌾
Online vs. Retail Battle: The online sports betting champ raked in $1.77 billion, while retail betting played its part, bringing $81.2 million to the game. When it comes to the win, it’s no surprise that 97% of it came from online betting licensees. 💻💪💼
Kansas Sports Betting Showdown: August 2023 ($)
- Boot Hill (DraftKings): Retail – $181,935, Online – $42,864,797, Total – $43,046,732
- Kansas Star (FanDuel): Retail – $610,738, Online – $27,025,500, Total – $27,636,238
- Hollywood (Barstool): Retail – $2,919,728, Online – $4,542,298, Total – $7,462,026
- KS Crossing (BetMGM): Retail – –, Online – $7,985,006, Total – $7,985,006
- KS Crossing (Caesars): Retail – $112,294, Online – $7,367,615, Total – $7,479,909
- KS Crossing (PointsBet): Retail – –, Online – $805,568, Total – $805,568
The Showdown Leaders: In August, DraftKings was the star player, taking 46% of the action with a whopping $43.0 million in wagers. FanDuel was no slouch, coming in second with $27.6 million and a 29% share. 🏆💰
BetMGM held its ground with $8.0 million in wagers, just edging out Barstool Sports and Caesars, both at $7.5 million. PointsBet may have been the smallest player, but it still scored with bets of $805,568. 🎯🏀
August Win and Revenue Showdown: The win in August was a solid $7.7 million, with DraftKings bringing in $3.3 million and FanDuel securing $2.5 million. BetMGM’s win was $892,411, followed by Caesars with $497,295 and Barstool Sports at $475,116. 💵🎉
After deductions, including $2.8 million in promotions, net revenue in August was $4.8 million. The state got its piece of the action too, with a share of $484,366. Ka-ching! 💵🎰
⚠️ NOTE: The following comment is adjusted to maintain context. 👇
“The betting game in Kansas is heating up! 🌡️💥 Join the action and watch those numbers soar! #KansasBettingBoom #SportsBettingWins #CashFlow” 📈🎯
Tags: #KansasBetting #SportsBetting #WinningBig #CashFlow #BetMGM #FanDuel #DraftKings #BarstoolSports #Caesars #PointsBet #KansasWagers #OnlineBetting #RetailBetting #KansasGaming #WinningStreak #KansasJackpot #StateRevenue #PromotionsPayoff
