Kansas Sports Betting Possibly Delayed • This Week in Gambling

Home » Kansas Sports Betting Possibly Delayed • This Week in Gambling

Maintain your horses there, son! All those that had been hoping for the launch of Kansas sports activities betting in time for the kickoff of the NFL Season may be disillusioned. Then once more, perhaps not. Whereas the state Racing and Gaming Fee is engaged on background checks on potential licensees, the Kansas Lottery has said {that a} launch earlier than soccer season is feasible, however under no circumstances a certainty.

The Gaming Fee can also be in control of placing collectively business laws when their board takes up the difficulty someday this month. And September 1st is the day that the Lottery is meant to provide you with an approve course of for sportsbooks and betting platforms. We’ll see.

The Public Info Officer for the Kansas Lottery not too long ago said that they don’t need to launch prematurely and watch as the entire system crashes. Including that “It’s shifting ahead, however the greatest factor for us and everyone seems to be we wish the product to be purposeful, safe and secure to make use of.”

Each state residents and people residing in neighboring Missouri have been ready on this to come back collectively. Kansas sports activities betting will be the market to launch for the rest of this 12 months, and the failure of Missouri to cross any sports activities betting regulation may usher in extra income from throughout state borders.

Presumably leaping the gun only a bit was the Hollywood On line casino out on the Kansas Speedway. They not too long ago introduced plans to have a sportsbook up and working in time to take bets on a September ninth NASCAR race. Different potential operators have additionally stated they hope to launch about the identical time, together with BetMGM and FanDuel.

The tax charge for Kansas sports activities betting is ready at 10% on every wager. Estimates are that tax will generate over $40 million a 12 months in income for the state.