In a very much-awaited move, Kansas sports betting law allows the state to offer legal sports betting by July 1. And if the state can get everything settles, we may even see Kansas sportsbooks open just in time for the upcoming NFL season. If you are learning how to be a bookie, then you should know how important the NFL is in a sportsbook’s calendar. Football alone can generate billions of sports wagers across the country each year.
And if you are well on your way to learning how to be a bookmaker, then you should have your sportsbook up and running by now. While summer tends to have less betting events, it’s the perfect time for you to enter the market and start building your player base. Even Kansas is keen to start having sportsbooks open in the state. It is, after all, expected to generate a lot of revenue that the state can collect as tax.
Kansas Sports Betting Law
Because of the law, Kansas residents will no longer have to travel to nearby Iowa or Colorado to use their online sportsbook apps. In fact, Kansas could be a state that can host bettors from Missouri in the future. Missouri failed to pass a bill on sports betting, and will have to wait until 2023 to try again. Which is unfortunate, as a bookie PPH software which gives bookies the online sportsbook software can offer a wide range of betting products. In an online sportsbook, players will have access to hundreds, if not thousands, of betting options each day from sports events from around the world.
The Kansas sports betting law allows both retail and online sports betting, and the state’s Lottery Commission will serve as oversight to the industry. The law allows the state’s 4 casinos to partner with up to three operators each for an online sportsbook, and partner with up to 50 retailers as well. They can also get an additional skin for online sports betting if they will partner with a professional sports team. Sports betting will be taxed 10%, which is a reasonable rate compared to other states.