Skip to main content

$325 Million Bet on Kentucky Sports Since September Launch

  • The Kentucky Horse Racing Commission provided updates to betting total during today’s meeting
  • The KHRC reported $310 million in Kentucky online sports betting since Sept. 28 launch
  • More than $15 million bet at brick-and-mortar sportsbooks in the state since Sept. 7 launch

Kentucky online sports betting is off to a nice start during its first month of operation.

According to the Kentucky Horse Racing Commission today, the commonwealth has seen more than $300 million bet through its seven mobile sports betting operators for the last month.

The commission noted that more than $15 million has also been bet at brick-and-mortar sportsbooks since early September.

Kentucky Sports Betting Totals

Hans Stokke, director of sports betting for the Kentucky Horse Racing Commission, reported the figures today during the commission’s monthly meeting. He reported $310 million in online sports betting handle for the commonwealth from Thursday, Sept. 28, through Monday, Oct. 30.

The $15 million in retail sports betting bumps the commonwealth’s total sports betting handle since its Thursday, Sept. 7 launch over $325 million.

Stokke also said the commonwealth is expecting Circa Sports to launch its online sports betting app before the year is out. Circa Sports currently has a partnership for an online sports betting license with ECL Corbin, LLC, at its Cumberland Run harness track, and will be the eight live operators.

Neither Stokke nor the KHRC provided any information about revenue or tax data during the meeting.

On Oct. 23, Gov. Andy Beshear (D) reported the state had reported around $250 million in online sports betting handle. If those numbers were accurate, Kentucky sports bettors wagered more than $60 million the following week.

“It has taken many years to get here, but sports wagering is finally a reality in Kentucky. This is a win-win for Kentuckians, who can enjoy a quality entertainment experience and benefit from funds staying right here in our state to help us build a better Kentucky,” Beshear said in a release.

Kentucky Downs Approved for Retail Sports Betting

Kentucky Downs also received unanimous approval from the KHRC this afternoon for a retail sports betting license.

According to Stokke, Kentucky Downs will launch its brick-and-mortar sportsbook sometime in 2024.

The follow locations are offering brick-and-mortar sports betting in the state:

  • Churchill Downs
  • Cumberland Run
  • Derby City Gaming
  • Ellis Park in Henderson
  • Newport Racing and Gaming
  • The Mint Gaming Hall at Cumberland Run in Corbin
  • The Mint Gaming Hall at Cumberland Run in Williamsburg
  • Oak Grove
  • Turfway Park

The Kentucky Horse Racing Commission also issued temporary facility licenses to three locations that have yet to open. Derby City Gaming, Ellis Park in Owensboro, and Sandy’s Gaming and Racing will open at a future date.

 

The post $325 Million Bet on Kentucky Sports Since September Launch appeared first on Sports Betting Dime.



from Sports Betting Dime https://ift.tt/JD3O4Ha
via IFTTT
Labels:

Comments

Post a Comment

Popular posts from this blog

Genesis Scottish Open Picks, Predictions & Odds for 2025

The 2025 Genesis Scottish Open tees off Thursday, July 10th, from North Berwick, Scotland Scottie Scheffler is the +340 favorite over 2023 champ Rory McIlroy See my 2025 Genesis Scottish Open odds, picks, and best value bets, below The world’s best golfers head overseas for the Genesis Scottish Open, a tournament co-sanctioned by the PGA Tour and DP World Tour, and it features plenty of star power. It’s contested at the Renaissance Club in Scotland, and it’s the final tune-up before the last major of 2025 – the Open Championship. Since this has been an official PGA Tour event, Xander Schauffele, Rory McIlroy and Robert MacIntyre have won in dramatic fashion with one-stroke victories. Dating back to when this was just a DP World Tour (formerly European Tour) event, eleven of the past 14 champions have won by a single shot or emerged with the title in a playoff. Genesis Scottish Open Odds 2025 Golfer Odds Scottie Scheffler +340 Rory McIlroy +650 Xander Schauffe...
Post a Comment
Read more

Reds vs Nationals Odds & Picks (Aug 28)

The Reds and Nationals finish up a three-game set on Sunday afternoon Nick Lodolo starts for the Reds against Patrick Corbin for the Nationals Find the Reds vs Nationals odds, preview, and picks below Two of the worst teams in the Majors conclude a three-game series on Sunday in DC as the Cincinnati Reds (49-75, 23-39 away) visit the Washington Nationals (42-84, 19-45 home). The first pitch is scheduled for 1:35 PM ET. On the mound, Nick Lodolo will get the ball for the Reds. The Nats counter with Patrick Corbin. Reds vs Nationals Odds Team Moneyline Runline Total Cincinnati Reds -120 -1.5 (+140) Ov 8.5 (-110) Washington Nationals +100 +1.5 (-165) Un 8.5 (-110) Odds as of August 27th at Caesars Sportsbook DRAFTKINGS SPORTSBOOK Bet $5 on MLB & Get $100 Instantly ! LOCK IN PROMO MLB SIGNUP PROMO BET $5 GET $100 INSTANTLY GET PROMO The Reds are a -120 moneyline road favorite for the series finale at Nationals Park. They have an i...
1 comment
Read more

FedEx St Jude Championship Picks, Predictions & Odds

The FedEx St. Jude Championship tees off Thursday, August 7th, from Memphis, Tennessee Scottie Scheffler is the massive +260 favorite over Xander Schauffele to win outright See my 2025 FedEx St. Jude Championship picks, best value bets, and the odds to win the tournament below After Cameron Young broke through for his first PGA Tour title at the Wyndham Championship to conclude the regular season, the FedEx Cup Playoffs begin in earnest. The top-70 golfers are competing in the first of three legs to claim the FedEx Cup trophy, with Rory McIlroy opting out of competing this tournament. This event has been played at TPC Southwind in Memphis, Tennessee, the last three years, and the venue has hosted tournaments for many years on the calendar prior to that. After this week, the top-50 players in the season-long points race will tee it up at the BMW Championship. FedEx St Jude Championship Odds 2025 Golfer Odds Scottie Scheffler +260 Xander Schauffele +1600 Ju...
Post a Comment
Read more