DraftKings leads the way in Kansa sports betting market in November

Finance News

The Kansas Lottery which oversees sports wagering at casino sportsbooks, online and via mobile apps in the state since it became legal in September released its monthly report for November, which showed overall sports wagers were down slightly from October but reported revenues rose sharply.

DraftKings remains the largest of the sports-wagering bookmakers operating in Kansas followed by FanDuel, but neither had contributed substantially to state revenues in the first two months due to the massive promotional offerings.

The total amount of settled wagers handled by Kansas retail and online sportsbooks dipped for the first time last month to nearly $186.4 million, a drop of nearly 2% from October.

Kansas actually set a record with more than $9.3 million in settled wagers at casino sportsbooks in November, but that bulk of the gambling action more than $177 million in November.