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Kansas Sports Betting Handle Clears $160 Million in Opening Month

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The opening month of sports betting in Kansas saw more than $160 million in handle, with $1.269 million in revenue.

All told, the Sunflower State reported $160,527,361 in cumulative wagers, or handle, during September, split among the six Kansas sportsbooks operating.

Kansas’ full first month revenue report was released during Wednesday’s monthly Kansas Lottery meeting.

“We have put together consensus revenue estimate numbers for the legislature to sort of expand and work on budgets for the upcoming year,” Lottery Executive Director Stephen Durrell said. “… And I think there was a lot of pent-up demand for sports wagering within the state and people wanted a legal and safe way to place wagers on their favorite teams, and it’s been really interesting to watch.”

September Handle by Operator

DraftKings Sportsbook $74.2 million
FanDuel Sportsbook $35.0 million
BetMGM Sportsbook $27.9 million
Barstool Sportsbook $10.7 million
Caesars Sportsbook $6.0 million
PointsBet Sportsbook $1.3 million

 

What to Know About September’s Report

DraftKings Kansas was the opening month handle leader with $74,184,545 in online bets placed.

Trailing the Boston-based operator were FanDuel Kansas ($35,044,784), BetMGM Kansas ($27,963,901), Barstool Sportsbook Kansas ($10,731,055), Caesars Sportsbook Kansas ($6,014,084) and PointsBet Kansas ($1,267,197).

The leader in retail wagers during September was Barstool Sportsbook via its Hollywood Casino at Kansas Speedway location.

In total, the enterprise of PENN Entertainment netted $4,373,751 in retail wagers during September. FanDuel Sportsbook at Kansas Star Casino was the only other retail location operating during the month, and it accounted for $945,132 in handle.

Because of free bets and promotions, DraftKings, FanDuel, Barstool and BetMGM Kansas had no online revenue in September, and therefore paid no state taxes. The state took in $129,617 in taxes, with more than $90,000 coming from the two retail sportsbooks in operation.

Where Kansas Sports Betting Stacked Up in September

As far as opening month handles are concerned Kansas sports betting apps ranked behind New York ($1.365 billion), Arizona ($291.212 million) and Nevada ($286.548 million), but ahead of Tennessee ($131.444 million), Virginia ($58.896 million), Connecticut ($54.641 million), Indiana ($35.215 million) and Colorado ($25.621 million).

During his comments Wednesday, Durrell said regulators from the lottery and Kansas Racing and Gaming Commission are working to get marketing entities in the state, such as the bars, restaurants and other facilities covered in SB 84, licensed.

He also said regulators are working with the MLS’ Sporting KC to get them approved to launch sports betting operations, but declined to give a firm timeline when that could happen.

“Unfortunately, the way the bill was drafted there is a bit of ambiguity in certain parts on how the marketing activities could work,” he said. “And so, we’re trying very hard, along with our friends at the KRGC, to figure that out. But there are problems in the bill that maybe are not designed to give individual marketing entities what they originally thought that they were going to get under the bill. And so, we’re trying to work that out.”

Compliance Updates

Wisconsin Division of Gaming Awards Genius Sports Sports Betting Contractor License

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Wisconsin Division of Gaming Awards Genius Sports Sports Betting Contractor License

 

Genius Sports Limited, the official data, technology and commercial partner that powers the ecosystem connecting sports, betting and media, announced that it has been certified by the State of Wisconsin Division of Gaming as a gaming-related contractor with immediate effect.

With the addition of Wisconsin, Genius Sports now holds 50 licenses or equivalent, or is otherwise permitted to operate, in North America across the U.S. states, territories, tribes and Canada powering award-winning official data, streaming, and marketing solutions for leading sportsbooks and lotteries.

“We are honored that the State of Wisconsin Division of Gaming has authorized Genius Sports to provide state-licensed sportsbooks with access to our groundbreaking NFL products and media solutions. As the majority of U.S. states legalize sports betting, Genius Sports welcomes the opportunity to work with states like Wisconsin, on providing sports fans with our exclusive official NFL sports data-powered solutions for betting,” Mark Locke, CEO of Genius Sports, said.

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Industry heavyweights all set for biggest ever Indian Gaming Tradeshow

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This year’s Indian Gaming Tradeshow, featuring the Digital Play Summit (DPS), will showcase more of the industry’s most high-profile operators than ever before, alongside a formidable line-up of its major providers.

Stand-out performers like iGT, Everi, Konami, Playtech, Chalkline, Continent 8, and GBank, as well as other stakeholders such as DraftKings and Fanduel, will be exhibiting at the Anaheim Convention Center, California, from April 8-11.

For the first time the 2024 event will also demonstrate tribal gaming’s adherence to player protection with the launch of a Sustainable Gambling Zone (SGZ).

The SGZ will be a focal point for collaboration where companies can discuss best practices, learn about the latest research and discover innovations in the area of harm prevention and long-term business and industry sustainability.

Presented as a physical area on the DPS show floor, it will feature kiosks where organizations committed to responsible gambling and players’ health will exhibit their services, products and tools.

The SGZ is supported by IGT and endorsed by the National Council on Problem Gambling, Massachusetts Council on Gaming and Health and The International Center for Responsible Gaming who were also among the first groups to confirm their presence with a kiosk.

The initiative, previously known as the Consumer Protection Zone at ICE London but unique for a North American gaming event, invites other organizations that put responsible gambling at the core of their practice to show their support.

Further exhibitors, sponsors and supporters of this key event in the industry calendar are expected in the next two weeks, all set to explore the incredible opportunities for growth in tribal gaming.

Ernie Stevens, Jr, Indian Gaming Association Chairman, said: “We’re delighted to have compiled such an expansive list of exhibitors as our stakeholders play a vital role in moving this industry forward, and positive progression is at the core of everything we do at the IGA.

“A key part of that is everybody working sustainably and progressively. The Sustainable Gambling Zone at Digital Play Summit is the perfect vehicle for that message and is a fantastic initiative.

“We’re excited to welcome exhibitors and visitors new and time-served to Anaheim to discover more of what we stand for and how working Indian country offers the opportunity to reap tangible rewards.”

Registration for the DigitalPlay Summit is included in all conference and tradeshow registration packages for the Indian Gaming Tradeshow & Convention.

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Internet Vikings Expands into Latin America with New Data Center

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Internet Vikings Expands into Latin America with New Data Center

 

Internet Vikings, the leading licensed hosting provider, announces its entry into Latin America with a new data center. Signaling a beneficial move forward for the company, it continues to broaden its service offerings in response to the growing licensed iGaming and online sports betting sector in the region.

Seeing the potential in the regulated Latin America’s iGaming and Sports Betting market, Rickard Vikström, Founder and CEO of Internet Vikings, led the company’s efforts to establish a presence in the continent. “Entering into Latin America was not only a strategic decision for growth but also a commitment to provide local regulated operators with access to VMware cloud hosting, compliant with instant scaling on-demand,” Vikström stated.

New regulations and a steadily growing gambling industry position Latin America prominently within the global iGaming arena. Internet Vikings is ready to leverage these opportunities by offering reliable and secure hosting services that enable operators to develop in this competitive environment.

Kristoffer Ottosson, COO of Internet Vikings, emphasized the company’s obligation to support its clients’ efforts in new territories. “Our launch into Latin America underscores our dedication to providing the industry with a heightened level of cybersecurity, and infrastructure to support our clients effectively”, Ottosson remarked. “We are confident that our partnership with local stakeholders, combined with our VMware cloud hosting services, will enable us to deliver value to current and potential operators in the area.”

As Internet Vikings extends its global presence, with the introduction of tailored VMware cloud hosting services in Latin America, its focus remains on providing innovative solutions that fuel growth and improve user experiences to meet the specific needs of the market.

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