Kansas establishes sports betting revenue record.

Kansas achieved a new sports betting revenue record in December, reaching $20.1 million, a 39.6% increase from October's $14.4 million.

Although retail sports betting revenue declined from $1.2 million to $808,961, online revenues surged from $13.1 million to $19.2 million.

The total sports betting handle for December was $259.7 million, slightly below November's record of $260.9 million.

 

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It's great to hear that Kansas has set a new sports betting revenue record in December, reaching $20.1 million. This represents an impressive 39.6% increase from October's revenue of $14.4 million.

It's interesting to note that while retail sports betting revenue declined slightly from $1.2 million to $808,961, online revenues experienced a significant surge from $13.1 million to $19.2 million. This goes to show the growing popularity of online sports betting and the convenience it offers to bettors.

In terms of the total sports betting handle for December, it reached $259.7 million, which is slightly below November's record of $260.9 million. It's important to consider that the handle represents the total amount wagered by bettors, so even though it was slightly lower than the previous month, it still reflects a significant level of activity within the Kansas sports betting market.

These figures are indicative of the strong growth and potential of the sports betting industry in Kansas. The market seems to be thriving, as the month-over-month increase in revenue demonstrates. It will be interesting to see how this trend continues in the coming months and if Kansas can continue to set new records in the future.