Canada
Kansas Sports Betting Handle Clears $160 Million in Opening Month
The opening month of sports betting in Kansas saw more than $160 million in handle, with $1.269 million in revenue.
All told, the Sunflower State reported $160,527,361 in cumulative wagers, or handle, during September, split among the six Kansas sportsbooks operating.
Kansas’ full first month revenue report was released during Wednesday’s monthly Kansas Lottery meeting.
“We have put together consensus revenue estimate numbers for the legislature to sort of expand and work on budgets for the upcoming year,” Lottery Executive Director Stephen Durrell said. “… And I think there was a lot of pent-up demand for sports wagering within the state and people wanted a legal and safe way to place wagers on their favorite teams, and it’s been really interesting to watch.”
September Handle by Operator
What to Know About September’s Report
DraftKings Kansas was the opening month handle leader with $74,184,545 in online bets placed.
Trailing the Boston-based operator were FanDuel Kansas ($35,044,784), BetMGM Kansas ($27,963,901), Barstool Sportsbook Kansas ($10,731,055), Caesars Sportsbook Kansas ($6,014,084) and PointsBet Kansas ($1,267,197).
The leader in retail wagers during September was Barstool Sportsbook via its Hollywood Casino at Kansas Speedway location.
In total, the enterprise of PENN Entertainment netted $4,373,751 in retail wagers during September. FanDuel Sportsbook at Kansas Star Casino was the only other retail location operating during the month, and it accounted for $945,132 in handle.
Because of free bets and promotions, DraftKings, FanDuel, Barstool and BetMGM Kansas had no online revenue in September, and therefore paid no state taxes. The state took in $129,617 in taxes, with more than $90,000 coming from the two retail sportsbooks in operation.
Where Kansas Sports Betting Stacked Up in September
As far as opening month handles are concerned Kansas sports betting apps ranked behind New York ($1.365 billion), Arizona ($291.212 million) and Nevada ($286.548 million), but ahead of Tennessee ($131.444 million), Virginia ($58.896 million), Connecticut ($54.641 million), Indiana ($35.215 million) and Colorado ($25.621 million).
During his comments Wednesday, Durrell said regulators from the lottery and Kansas Racing and Gaming Commission are working to get marketing entities in the state, such as the bars, restaurants and other facilities covered in SB 84, licensed.
He also said regulators are working with the MLS’ Sporting KC to get them approved to launch sports betting operations, but declined to give a firm timeline when that could happen.
“Unfortunately, the way the bill was drafted there is a bit of ambiguity in certain parts on how the marketing activities could work,” he said. “And so, we’re trying very hard, along with our friends at the KRGC, to figure that out. But there are problems in the bill that maybe are not designed to give individual marketing entities what they originally thought that they were going to get under the bill. And so, we’re trying to work that out.”
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Canada
Rivalry Corp. Announces Significant Reduction in Operations and Evaluation of Strategic Alternatives
Rivalry Corp. announced that its Board of Directors has approved a significant reduction in operating activity as the Company evaluates strategic alternatives in respect of its assets and operations.
The Company is engaged in discussions with third parties regarding potential transactions. However, in light of recent performance volatility, the Board has determined to materially reduce the scale of operations while assessing whether a strategic transaction or other alternative can be advanced.
Effective immediately, the Company is implementing substantial cost reductions, including a significant workforce reduction and reduced operating expenditures. The Company has paused player activity on its platform and is facilitating player withdrawals in the ordinary course.
The Company is assessing a range of potential alternatives, which may include asset-level transactions, corporate transactions, restructuring initiatives or other strategic outcomes.
Given the Company’s reduced operating scale and the ongoing evaluation process, there can be no assurance that any strategic alternative will be completed or that operations will continue in their current form.
The post Rivalry Corp. Announces Significant Reduction in Operations and Evaluation of Strategic Alternatives appeared first on Americas iGaming & Sports Betting News.
Alex Malchenko
Evoplay Strengthens Canadian Presence with BetMGM Partnership
Evoplay is celebrating another milestone in its regulated-market journey with a new launch in Ontario, teaming up with BetMGM to bring its games to one of Canada’s most dynamic and competitive jurisdictions.
The rollout introduces 18 Evoplay titles to BetMGM Casino in Ontario, carefully selected to deliver long-term engagement and appeal to a wide range of player preferences. The first wave includes proven performers such as:
• Hot Triple Sevens
• Hot Volcano
• Gold of Sirens Bonus Buy
• Inner Fire Bonus Buy.
These are games that have already demonstrated strong results across multiple regulated markets.
This launch marks another confident step in Evoplay’s Canadian expansion, reinforcing the company’s commitment to aligning its content with local market requirements, player expectations, and regulatory standards.
Alex Malchenko, Head of Sales at Evoplay, said: Ontario continues to set a high standard for regulated online casinos, making it a market where the right partnerships truly matter. Collaborating with BetMGM allows us to expand our reach with a portfolio that has already performed strongly across multiple areas and territories.
Oliver Bartlett, VP of Gaming at BetMGM, said: “Partnering with Evoplay adds a strong selection of proven, high-performing titles to our growing portfolio in Ontario.”
The post Evoplay Strengthens Canadian Presence with BetMGM Partnership appeared first on Americas iGaming & Sports Betting News.
Bet Rite
Spintec Expands into Canada with Bet Rite
Spintec is expanding its footprint in North America by partnering with Bet Rite in the Canadian gambling sector. As a prominent developer of electronic table games, Spintec invested significant effort into locating a partner who comprehends the distinctiveness of the Canadian casino industry. Bet Rite is taking on the position of Spintec’s distributor in Canada, leveraging its established reputation and substantial industry knowledge. This collaboration combines global innovation with local expertise in a partnership that is helping Spintec advance its expansion objectives in North America.
Bet Rite’s establishment is rooted in years of industry expertise. The firm focuses on providing top-notch gaming solutions designed specifically for Canadian operators. They aim to provide a sole vendor connection that grants access to numerous top-tier product lines, establishing them as a reliable partner nationwide.
For Spintec, collaborating with a company that prioritizes service, product excellence, and enduring relationships is vital, and Bet Rite is dedicated to prioritizing customer needs. With a solid sales network and a reputation for dependability, their market stance is highly strong.
Through this collaboration, Spintec is guaranteeing that their creative products receive backing from an attentive, community-focused service. The initial product line to be launched in the Canadian market will be Spintec’s premier Charisma line. Charisma’s design, flexibility, innovation, and wide range of product customizations will undoubtedly make it a top seller in Canada as well.
Billy Maclellan, Bet Rite President, says: “Our company has grown by offering best-in-class suppliers the local support that they need. Spintec fits the mold perfectly and together we are well placed to make this partnership a glowing success”
Goran Sovilj, Spintec’s Chief Commercial Officer, agrees: “Bet Rite’s deep understanding of the Canadian market makes this alliance very promising. We are always excited to introduce innovative and exciting products to new markets, especially when our distributors are as experienced and knowledgeable as Bet Rite.”
The post Spintec Expands into Canada with Bet Rite appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
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