Kansas Becomes 35th State to Legalize Sports Betting
Kansas has reportedly legalized sports betting, making it the 35th state to approve sports wagering in the United States.
Democratic Governor Laura Kelly signed the legislation on Thursday that will give legal backing to retail and online sports betting operations in the state.
The new law allows casinos to partner with online bookmakers and up to 50 retailers, including gas stations and restaurants, for in-person wagering. People living in ‘The Sunflower State’ can now also use their mobile devices or desktops to wager on sports and place bets at each of the four state-approved casinos or up to 50 in-person betting locations supported by each casino.
Betting in fantasy sports leagues in Kansas was already legal, and with the legalization of online and retail sports betting, the residents of this state have the opportunity to choose from different options while gambling online.
With a 10 percent tax rate, the state expects to raise at least $10 million annually through sports betting proceeds.
It is predicted that Kansas will launch its sports betting market before the start of the NFL and college football seasons. However, the Topeka Capital-Journal reported that January of 2023 is a more feasible and likely option.
Legalizing sports betting will bring more revenue to our state and grow our economy. This is another mechanism that casinos, restaurants and other entertainment venues can now utilize to attract Kansans to their establishments.
The United States has experienced a significant increase in the number of states legalizing online sports wagering in their jurisdictions. New York and Ohio approved mobile sports betting this year and have been recording great yields from the market.