The 148th edition of the Kentucky Derby set a new wagering record as the 14-race Derby day race card attracted over $273.8 million in wagers.
All sources betting on the Derby, won by Rich Strike at odds of 80-1, totaled $179 million
The figures for the May 7th day of racing surpassed the previous year’s wagering handle of $233 million by 17% and was 9% higher than the previous all-time record of $250.9 million set in 2019.
Kentucky Derby 2022 Sets All-Time Wagering Records Across the BoardChurchill Downs Inc. reported positive results for Kentucky Derby week as the company revealed that gamblers wagered $391.8 million throughout the week. This was a 25% increase on 2021’s handle of $314.6 million and 14% more than the previous all-time record of $343 million in 2019.
Kentucky Derby 2022 Sets All-Time Wagering Records Across the Board Kentucky Derby 2022 Sets All-Time Wagering Records Across the Board Kentucky Derby 2022 Sets All-Time Wagering Records Across the Board“We are deeply grateful to all of the fans of the Kentucky Derby around the world who once again made this an amazing and memorable experience. We expect the Kentucky Derby Week Adjusted EBITDA (earnings before taxes and other factors) to reflect another record with $7 to $9 million of growth over the prior record in 2019.”
Olivia has worked as an editor and writer for major brands across multiple niches. She now focuses on the iGaming and sports betting industries.