Kansas Casino And Sportsbook Revenues Drop In November

The Kansas Lottery released its latest revenue report, reflecting the state’s gaming industry in November. The regulatory body issues separate reports for Kansas casinos and sports betting.

Throughout last month, revenue that comes from four Kansas casinos dropped from October and from November last year. Sports betting activity, however, was booming with total bets hitting a new monthly high for the third consecutive month.

Kansas casino revenue in November decreases yearly and monthly

Kansas casinos generated $31.44 million in total revenue in November, which comes from poker, slots and table games. The number represents a 0.58% decrease from last November.

Boot Hill Casino and Hollywood Casino showed yearly progress, while Kansas Star Casino and Kansas Crossing Casino saw slight decreases compared to the same time last year.

Here’s how November 2023 revenues compare to November 2022 for Kansas casinos:

1. Hollywood Casino: $12,427,831, a 2.51% annual increase
2. Kansas Star Casino: $12,039,350, a 4.52% yearly drop
3. Boot Hill Casino: $3,829,947, a 3.66% increase from November 2022
4. Kansas Crossing Casino: $3,142,057, a 1.62% annual drop

Compared to last month, November’s total gaming revenue is a 2.42% monthly drop from October’s $32.4 million.

Kansas sports betting handle hits a new record in November

With total bets reaching $260.94 million in November, Kansas hits a new sports betting handle record for the third month in a row. Of that number:

• $9,302,224 came from retail sports betting locations
• $177,051,484 was wagered across online sportsbooks

The November figure is a 4.49% monthly increase from the previous revenue record for Kansas gaming in October which was $249.71 million. The November total also represents a 40.02% annual growth from the $186.35 million set in November 2022.

Despite the handle record, Kansas’s November sports betting revenue of $8.93 million is still a 38.22% monthly decline from $14.37 million in October. The November revenue figure also shows a 26.84% annual drop from $12.21 million in net revenue from November last year.

According to the November report released by the Kansas Lottery, the state collected $892,968 in taxes throughout the month.

DraftKings exceeds $10M in November betting handle

When it comes to online sportsbook operators’ performance, Boot Hill (DraftKings) was once again the No. 1. Here’s a total breakdown:

1. Boot Hill (DraftKings): $109,572,976 in total bets, $4,206,003 in revenue
2. Kansas Star (FanDuel): $80,128,784 in handle, $2,824,290 in revenue
3. Kansas Crossing (BetMGM): $24,146,335 in total bets, $962,326 in revenue
4. Hollywood (Barstool/ESPN): $21,524,694 in handle, $53,063 in revenue
5. Kansas Crossing (Caesars): $12,704,814 in total bets, $130,224 in revenue
6. Kansas Crossing (PointsBet): $3,618,543 in handle, $0 in revenue

Out of the November revenue total of $8.93 million, nearly $8.18 million came through Kansas online sportsbooks.