January 30, 2020

Kansas Senate Committee Introduces Bill to Allow Sports Betting

The Kansas state Senate Committee on Federal and State Affairs recently introduced a bill that will allow sports betting in the state.

Senate Bill 283 would enable casinos that are already licensed by the Kansas Lottery Commission to initiate on-premises sports betting. These facilities are also allowed to offer two online betting skins. Presently, the committee is hosting hearings on the bill, starting from January 29 and ending today, January 30.

The bill would see retail sports betting revenue to be taxed at a rate of 7.5%, while revenue from online sports bets would be taxed at a 10% rate.

If even a single—or no—operator takes up the option to create an online product after two years, the lottery may resort to creating its own online betting product.

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