Another Kansas City Chiefs Super Bowl victory, another sacking of Kansas retail sportsbooks by the betting public.
The Kansas Lottery reported more than $1.7 million in gross sports betting revenue losses accrued by the state’s four retail sportsbooks for February on Thursday, thanks in large part to the Kansas City Chiefs repeating as Super Bowl champions.
That figure represents a slight improvement from 2023, when three of the four sportsbooks finished in the red and paid out $1.8 million above the $8.2 million handle generated overall as part of losing $14.5 million on the Super Bowl itself. The Kansas Lottery did not offer specific Super Bowl-related numbers, but the quartet had a 12.3% increase in handle to $9.2 million, which in turn dropped the hold to a still-woeful minus-18.8% from minus-22.2% in 2023.
When including wagering via sports betting apps, the six mobile operators lifted the overall gross revenue total to $8.5 million. That is fourth worst in 18 months of wagering in Kansas and lowest since collecting $7.7 million in winnings last August.