Tuesday\u2019s goings on in Kansas are widely viewed as a temporary hurdle, not a death knell for sports wagering in the state.<\/p>\n
Sit tight, guys, we\u2019ll get this out this year,\u201d<\/strong> said Rep. Stephanie Clayton (D-Overland Park) on Twitter. \u201cWe can fix this; I\u2019m sure of it.\u201d<\/strong><\/p><\/blockquote>\nAnother amendment — one that would give the lottery control of sports betting over casinos — also failed. Not surprisingly, gaming companies oppose that. But some politicians favor it because, if it\u2019s enacted, it means more cash for state coffers.<\/p>\n
Opposition to regulated sports wagering in the state exists, but it\u2019s comprised largely of gambling addiction groups and greyhound track owners that claim it in its current form, HB 2470 is biased toward billionaire Phil Ruffin and his efforts to rejuvenate the currently shuttered Sedgwick County racetrack.<\/p>\n
Operators Interested in Kansas<\/h2>\n
HB 2740 proposes a 20% tax on online sports bets and a 14% rate on wagers made at land-based casinos. Several states are well beyond those rates. But some operators are pushing Kansas lawmakers to drop the levy to a friendlier 10%.<\/p>\n
Even with the legislative haranguing, no shortage of gaming companies are expressing interest in Kansas. In alphabetical order, the companies with market access to the state are BallyBet, Barstool Sportsbook, BetMGM, Boyd Sports, DraftKings, FanDuel, FOX Bet, PointsBet, and theScore.<\/strong><\/p>\nPenn National Gaming owns Barstool and theScore. Likewise, Boyd Gaming, which operates a land-based casino in Kansas, controls five percent<\/a> of FanDuel. It\u2019s not clear how Boyd and Penn plan to proceed when the state ultimately signs off on sports betting.<\/p>\n","protected":false},"excerpt":{"rendered":"A legislative effort to bring regulated sports wagering to Kansas hit an unexpected roadblock Tuesday.\u00a0 That’s when a lottery-related amendment failed on two occasions. House Bill 2740 (HB 2740) would legalize online and mobile sports betting in Kansas at the state\u2019s land-based casinos, convenience stores, and racetracks. The legislation enjoys bipartisan backing, as well as […]<\/p>\n","protected":false},"author":46,"featured_media":207424,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[13,1074],"tags":[],"acf":[],"yoast_head":"\n
Kansas Sports Betting Bill Hits Political Delay<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n