- The Kansas House approved Senate Bill 84 as it is waiting for a Senate vote with a May 20 deadline.
- 80% of the potential sports betting revenue that would be used to have funds that could bring professional sports teams into Kansas.
TOPEKA, Kan. – On Friday, the Kansas House of Representatives approved one KS sports betting bill with a 63-50 vote. Still needing Senate approval, the chamber will meet and discuss the measure on April 25 after their recess ends.
Missing The NCAA Title Game, Eyes On The NFL
It is believed that if KS SB 84 is passed, sports betting will be up and running before the start of the 2022-23 NFL season. This would be pushing for one of the fastest sports betting regulation turnaround processes.
Although the goal is to legalize sports betting before the NFL season, the sports betting market in Kansas is missing out on a lucrative betting opportunity. With the men’s NCAA National Championship game being played on Monday against the North Carolina Tar Heels, those betting on the Kansas Jayhawks to win the NCAA Tournament are reliant upon online sportsbook websites.
Where Would SB 84 Betting Revenue Go?
A section of the proposed bill states that the Kansas sports betting revenue will serve very specific purposes and will benefit Kansas and their residents. The Bill would create the White-Collar Crime Fund, administered by the governor, and would have funds to deal with any illegal wagering situations.
Revenue would also be donated into Kansas problem gambling.
Designated problem gambling funds has been a common theme with recent states passing bills to grant regulated sports betting, but Kansas has added another layer for state incentivization. It was decided that the bill would disperse 80% of the revenue into an initiative called “Attracting Professional Sports in Kansas”.
This initiative would guarantee that there was enough money set aside to be able to pull a professional sports team into Kansas, or even convince the Kansas City Chiefs to move across the border, which has been discussed by the Chiefs president and the governor of Kansas.
For all other specific information about the Senate Bill can be found through the official Conference Committee Report.
Ben has been an avid sports fan his whole life and mostly follows football and basketball, both professional and collegiate. He has been covering topics that vary from Super Bowl prop bets to articles about the generated revenue from regulated sports betting. He is currently finishing his Editing, Writing, and Media Degree at Florida State University, with a minor in Business. Diving into the world of sports betting, he is ecstatic to work in an area that has combined his two passions of sports and writing.