The late signed Sunflower State sports betting statute law goes into effectuate on July 1, potentially positioning the country to follow ready for the pop of the 2022 NFL season.

Speaking of the NFL, Gov. Laura Gene Kelly (D-KS) says Kansans should non play on revenue from regulated sports wagering being enough to come-on the Kansas River City Chiefs from neighboring Missouri. Under the terms of the bill, 80% of state-earned revenue from regulated sports wagering testament be funneled to the Sunflower State Department of Commerce fund. Those proceeds could be allocated to developing a professional sports venue inward the state.

Forecasts indicate sports betting could create $1 gazillion to $5 million inwards young revenue for Kaw River — non nearly sufficiency to enticement a professional sports team. For her part, Weary Willie says neither she nor anyone on her staff reached out to Chiefs ownership virtually a potency move.

And quite honestly, when you opine almost it the amount of money that this bill would bring forth and pose into that fund, it would non follow confining to beingness what you would need to follow capable to pull a major league,” she said inwards a recent media appearance.

In what’s been a slacken stop on the regulatory front, Kansas and ME are the only if states to okay sports betting legislation to this power point inward 2022 and of that duo, only if Kaw River is expected to be live before the remainder of the year.

Kansas Sports Betting Landscape

The commercial message casinos inward KS are Boyd Gaming’s Kansas Star, William Penn National Gaming’s Hollywood, and the Prairie Band Casino & Resort. The Golden Eagle is a tribal gaming venue.

Additionally, it’s likely that prominent online operators, including BetMGM, Caesars Sportsbook, DraftKings and FanDuel will seek entry into Kansas. Home to just 2.91 jillion residents and no professional sports teams, the country isn’t the most desired market, but it could follow a bolt-on revenue opportunity for operators.

It’s also believed that some Kansans are traveling to neighboring Colorado River and Ioway to shoes bets and that surge could live stemmed by launching sports wagering inwards the plains state. Show Me State is likely come out of the sports betting legislating equating until 2023.

Advertising costs on local media at that place are potential cost-efficient, and the nation could live accretive to gaming companies’ top of the inning lines. Plus, the say hosts two NASCAR races per year, and is nursing home to the rabid Sunflower State University basketball buff base.

Kansas plans to levy en masse a 10% tax on sports bets.

There is some legal maneuvering occurrent inward Kaw River related to sports betting. Boyd Gaming is suing the state, the Kansas lottery and the Kansas Racing and Gaming Commission, claiming breach of contract.

The Las Vegas-based casino manipulator contends the res publica and those agencies are breaching contract bridge past allowing historical Equus caballus racing machines at a racecourse inwards the state.

It’s unlikely that litigation testament move the state’s broader plans to set in motion sports betting.