A total of 80% is earmarked for a Kansas Department of Commerce fund to provide incentives for pro sports teams to come to the state, including the NFL’s Kansas City Chiefs from Missouri. The law calls for a 10% tax on each bet, with estimates of about $41 million in revenue for the state over the next five years.
“This is another mechanism that casinos, restaurants and other entertainment venues can now utilize to attract Kansans to their establishments.” “Legalizing sports betting will bring more revenue to our state and grow our economy,” Kelly said in a statement yesterday, according to KSHB. Her approval now means Kansas residents will soon be allowed to legally bet on sports teams - although a casino has now sued the state, immediately after approval, over a provision in the new law that also legalizes historical horse racing. Senate Bill 84 was first signed off by legislators in the Sunflower State and sent to Kelly's desk in late April. Laura Kelly has now signed a bill legalizing sports betting into law.
