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

Printable CFP Playoff Bracket – Make Your Picks to Win National Championship

The 12-team College Football Playoff bracket is set following Selection Sunday on December 7 Indiana claims the No. 1 overall seed after a perfect 13-0 season and Big Ten title Below, find SBD’s printable CFP bracket, first-round schedule, matchups and viewing info The 2025 College Football Playoff bracket is locked and loaded, and the Selection Committee delivered some serious drama on Sunday. Indiana sits atop the CFP bracket as the No. 1 seed after an undefeated season, while Notre Dame got left out in one of the most controversial snubs in playoff history. Now that we know all the matchups, SBD is publishing our annual printable CFP bracket. Simply click the bracket image below to open and download a printable PDF version you can fill out as the playoff progresses. We’ve also included the full College Football Playoff first-round schedule for each game, along with the matchups and viewing info. Printable CFP Bracket 2025 Click the image to download a printable PDF ver...
Post a Comment
Read more

The Players Championship Odds, Predictions, and Best Picks 2025

The Players Championship tees off Thursday, March 13th, 2025 Scottie Scheffler is the heavy +360 favorite to win this tournament for the third straight year See the 2025 Players Championship odds, picks, and best value bets below After Russell Henley won the Arnold Palmer Invitational at Bay Hill, the PGA Tour’s best head to Ponte Vedra Beach, Florida for the “fifth major” – the Players Championship. It’s the crown jewel on the schedule, and the field is stacked as it tackles the quirky and confounding TPC Sawgrass, with Scottie Scheffler searching for a record third straight title at this tournament. 48 of the top 50 golfers in the world will be teeing it up (not Bryson DeChambeau or Tyrrell Hatton). The Players Championship Odds 2025 Golfers Odds Scottie Scheffler +360 Rory McIlroy +800 Collin Morikawa +1600 Xander Schauffele +1600 Ludvig Aberg +2000 Justin Thomas +2000 Hideki Matsuyama +2800 Tommy Fleetwood +3000 Patrick Cantlay +3...
1 comment
Read more