Kansas Earns Biggest Tax Haul from Sports Betting Yet Amid Recent Concerns

Summarized by: Live Sports Direct
 
Kansas Earns Biggest Tax Haul from Sports Betting Yet Amid Recent Concerns

Kansas earned its biggest tax revenue from sports betting in November. The state's retail and online sportsbetting sites handled almost $186.4 million in bets during November, down slightly from the $189.9 million reported for October. Operators paid out nearly $167.3 million and earned $19.1 million.

November's monthly tax haul for Kansas was the biggest yet. The third month of legal sports betting in Kansas has brought in $536.8 million in settled wagering, but only $1.07 million of that has been spent on taxes. DraftKings was last month's leading mobile sports better in the state, taking $76.2 million and generating $4.6 million. FanDuel was second with $50. 6 million, generating almost $5 million more in revenue.