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Kansas Sports Betting Possibly Delayed

Kansas Sports Betting Possibly Delayed

Hold your horses there, son! All those who had been hoping for the launch of Kansas sports betting in time for the kickoff of the NFL Season might be disappointed. Then once more, perhaps not. Although the state Racing and Gaming Commission is operating on background checks on possible licensees, the Kansas Lottery has stated that a launch just before football season is feasible, but in no way a certainty.

The Gaming Commission is also in charge of placing collectively sector regulations when their board requires up the problem sometime this month. And September 1st is the day that the Lottery is supposed to come up with an approve process for sportsbooks and betting platforms. We’ll see.

The Public Details Officer for the Kansas Lottery not too long ago stated that they do not want to launch prematurely and watch as the complete program crashes. Adding that “It’s moving forward, but the largest point for us and every person is we want the item to be functional, secure and safe to use.”

Each state residents and those living in neighboring Missouri have been waiting on this to come collectively. Kansas sports betting could be the market place to launch for the remainder of this year, and the failure of Missouri to pass any sports betting regulation could bring in additional income from across state borders.

Possibly jumping the gun just a bit was the Hollywood Casino out at the Kansas Speedway. They lately announced plans to have a sportsbook up and running in time to take bets on a September 9th NASCAR race. Other possible operators have also said they hope to launch about the same time, like BetMGM and FanDuel.

The tax rate for Kansas sports betting is set at 10% on every wager. Estimates are that tax will generate more than $40 million a year in revenue for the state.