Kansas Sports Betting’s New Record Handle Rises 26% Year-Over-Year

The Sunflower State set a new mark with $302 million wagered in January while operators also enjoyed a 9.3% hold to haul in the fourth-highest revenue. 

Brad Senkiw - News Editorat Covers.com
Brad Senkiw • News Editor
Feb 14, 2025 • 17:53 ET • 4 min read
Photo By - Imagn Images.

Sunflower State January sports betting action increased 26% compared to the first month of 2024, setting a new wagering record. The Kansas Lottery reported a $301.8 million monthly handle, surpassing Nov. 2024's $291 million previous high. The state's six online sportsbooks and four retail operators produced $28.2 million in gross revenue, the fourth-highest since sports betting launched in Sept. 2022.   

Behind a solid run against bettors during the NFL playoffs, profits were also up 35% year-over-year despite January’s 9.3% hold only rising a little over half a point. After deductions, promotions, and carryover, adjusted revenue reached $16.1 million, a 12.7% year-over-year increase. Kansas filled its coffers with $1.6 million, nearly $183,000 more than Jan. 2024.  

Better than December

January was a great start to the new year for Kansas sports betting operators after 2024 ended with a 5.8% hold on a $261.3 million December handle. 2025's first month produced 15.5% more wagered and an 85.3% month-over-month gross revenue boost. Promotional spending rose from $6.2 million in December to $9.9 million in January. It paid off as adjusted revenue jumped 84% month-over-month on a hold up by two points.   

DraftKings stays hot

Operator January Handle Revenue
DraftKings $123.4 million   $12.3 million 
FanDuel $96.5 million $10.4 million  
BetMGM $25.6 million  $1.8 million 
Fanatics Sportsbook $20.6 million  $1.1 million
Caesars $13.6 million $1.2 million
ESPN BET $13.4 million  $832K 

Online Kansas sports betting accounted for $293.2 million of the total handle and $27.6 million of January’s gross revenue. DraftKings accepted more than $100 million in wagers for the fifth consecutive month and also led Kansas with $12.3 million in revenue, up more than $5 million from Dec. 2024.

FanDuel easily held down second with a $96.5 million handle, a 22% month-over-month increase. The online operator also produced $10.4 million from a 10.8% hold. 

BetMGM remained in third for another month with $25.6 million in wagers while Fanatics Sportsbook generated a $20.6 million handle. Neither sportsbook had a win rate over 7%. Caesars narrowly beat out ESPN BET for fifth place in amount wagered while using an 8.9% hold to make more money than Fanatics.  

Retail bounces back 

A month after turning a loss, brick-and-mortar sportsbooks got back in the black during January. A 6% hold on an $8.6 million handle led to nearly $530,000 in gross revenue. After deductions and carryover, retail operators still hauled in $128,386 in income. 

Kansas Crossing was the only sportsbook that failed to profit. Hollywood Casino reported the largest handle with $6.2 million wagered in-person.  

 

Pages related to this topic

Brad Senkiw - Covers
News Editor

Brad has been covering sports betting and iGaming industry news for Covers since 2023. He writes about a wide range of topics, including sportsbook insights, proposed legislation, regulator decision-making, state revenue reports, and online sports betting launches. Brad reported heavily on North Carolina’s legal push for and creation of online sportsbooks, appearing on numerous Tar Heel State radio and TV news shows for his insights.
Before joining Covers, Brad spent over 15 years as a reporter and editor, covering college sports for newspapers and websites while also hosting a radio show for seven years.

Popular Content

Covers is verified safe by: Evalon Logo GPWA Logo GDPR Logo GeoTrust Logo Evalon Logo