March proved to be a relatively strong month for the gambling industry in Kansas with a slight increase in overall revenue.
According to data from the Kansas Lottery, online sports betting was also a big winner for the month. Thanks to March Madness games the state’s six online sportsbooks took over $206 million in bets from players in the state.
Kansas casino gaming has a strong March
Combined, the state’s four commercial casinos accounted for $37.8 million in revenue, up from the $37.3 million the facilities made in March 2022. Total casino gaming revenue represented a 9.7% increase from February.
In February, Kansas casinos combined for $34 million in revenue, up 12.7% from January. As a result, casino profits in the Sunflower State have increased for three consecutive months.
The four Kansas casinos are:
- Boot Hill
- Kansas Star
- KS Crossing
Kansas City’s Hollywood Casino saw the most significant increase in March of the four. The casino experienced a 5.71% increase in revenue for the month, going from $13.9 million in March of 2022 to $14.7 million for March 2023.
Boot Hill was down 7.02% year-over-year, as was Kansas Crossing, down 0.99% year-over-year.
The only other casino to experience year-over-year growth was the Kansas Star. The casino in Mulvan went from $14.7 million in 2022 to $14.8 million, representing a 0.45% increase.
Online sports betting proving its worth
Thanks in part to March Madness, Kansas sports betting had itself a record month.
According to a recent betting report, the state’s six online sportsbooks took in $206 million in wagers. As for the four retail sportsbooks, they combined for $9.3 million in betting handle.
Online Kansas sports betting handle March 2023:
- DraftKings: $81,848,264
- FanDuel: $62,487,442
- Barstool: $11,697,430
- BetMGM: $24,130,701
- Caesars: $14,629,755
- PointsBet: $2,229,869
- Total: $206,287,094
Overall, Kansas sports betting handle sits at $1.3 billion for the current fiscal year through March 2023. As a result, the state has collected $3.6 million in tax revenue.