Kansas' gambling regulator has released its financial performance report for March 2025. The document revealed that the state’s sports betting income grew by 12.4% yearly.
Key Results in the Wagering Niche
The total monthly profits reached $8 million. For the same period in 2024, local bookmakers received $7.1 million. Nevertheless, the gain dropped by 66.5% compared to February 2025, when it climbed to $23.9 million. Industry experts believe that the impressive winter result was due to the Kansas City Chiefs' consecutive victory in the NFL Super Bowl.
Let us explore how operators' earnings were distributed in March:
- The online segment’s revenue accounted for $7.9 million. The land-based sector received over $164,500.
- Total wagers in the state were $248.4 million, of which $241.7 million came from the digital vertical. Retail outlets brought in $6.7 million.
- Handle volume was up 14.9% MoM from $216.2 million but showed lesser results compared to last year, with a 1.8% decline from $252.9 million.
Bookmakers have contributed over $803,000 in obligatory taxes to Kansas' treasury during the reporting period.
Leading Operators for the Month
DraftKings was recognised as the most effective in the online niche with total wagers of $101.5 million and revenue of almost $4 million. FanDuel took 2nd place, with its handle reaching $85.4 million and profits of $2.3 million.
In the retail segment, ESPN Bet achieved the best results. The company’s overall inflow amounted to $4.2 million, and final earnings were $135,945.
Other impressive figures in Kansas' land-based handle:
- FanDuel — $1.1 million;
- Caesars — $913,772;
- DraftKings — $494,527.
Despite some MoM drops in March due to a less busy niche events calendar, YoY growth was spectacular. This factor indicates the local industry’s constant evolution and expansion.
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