Posted on Sep 26, 2022
From 'wise guys' in barrooms to flat screens and apps, how Kansas gambling has evolved
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The first few weeks of legal sports betting saw high interest from people in Kansas but decades ago, placing a bet involved a whole network of shady characters.
In the first 10 days of legal sports wagering in Kansas, people made almost $40 million in bets.
While that may sound like a windfall for the state’s treasury, it is not.
“After the payment of player prizes and deductions for promotional play and the federal excise tax, net sports wagering revenue for the first 10 days was $233,351, of which the state’s share is $23,335,” Kansas Lottery executive director Stephen Durrell told state lawmakers last week.
The Lottery expects the take to get bigger as promotional free plays and credits dry up and cash takes their place.
In the first 10 days of legal sports wagering in Kansas, people made almost $40 million in bets.
While that may sound like a windfall for the state’s treasury, it is not.
“After the payment of player prizes and deductions for promotional play and the federal excise tax, net sports wagering revenue for the first 10 days was $233,351, of which the state’s share is $23,335,” Kansas Lottery executive director Stephen Durrell told state lawmakers last week.
The Lottery expects the take to get bigger as promotional free plays and credits dry up and cash takes their place.
From 'wise guys' in barrooms to flat screens and apps, how Kansas gambling has evolved
Posted from kcur.org
Gambling
Sports
Posted >1 y ago
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PO1 William "Chip" Nagel
..."They’re completely time-consuming investigations, and with the changing of the times now where more of it has become legalized, it isn’t really high on the prosecutor's list either,” Dumit says. “So putting time and effort into that is not necessarily something that is high on our priority list.”
In much the same way Las Vegas morphed from a mob town to a corporate metropolis, illegal betting in Kansas and much of America has likewise moved from the barroom to the betting app."...
..."They’re completely time-consuming investigations, and with the changing of the times now where more of it has become legalized, it isn’t really high on the prosecutor's list either,” Dumit says. “So putting time and effort into that is not necessarily something that is high on our priority list.”
In much the same way Las Vegas morphed from a mob town to a corporate metropolis, illegal betting in Kansas and much of America has likewise moved from the barroom to the betting app."...
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