Kentucky, Gov. Andy Beshear has revealed that since sports betting launched in the Bluegrass State, over $656 million has been wagered through both retail and mobile sportsbooks.
Sports betting in Kentucky officially launched on September 7th, 2023 as retail sportsbooks opened their doors. Online sports betting operators started accepting wagers three weeks later on September 28th.
In an announcement released through the Governor’s office, Beshear said that in-person wagers since launch have totaled $26.8 million while mobile sports betting apps have accepted over $629.5 million or 95.9% of all wagers. He also said that the average weekly sports betting handle is around $65.2 million.
Initial estimates for the industry show that the state collected around $8 million in taxes for the first two months of sports betting. Detailed monthly revenue reports will be released through the Horse Racing Commission starting next week.
Speaking of the industry’s successful start, Beshear said:
$656 Million Wagered in First Two Months of Kentucky Sports BettingApproved Kentucky Sports Betting Operators
| Operator | Partnering Track/Location | Sports Betting Type | Launch Date |
|---|---|---|---|
| Kambi | Churchill Downs, Louisville Churchill Downs’ satellite location, Derby City Gaming, Louisville Ellis Park, Henderson Turfway Park, Florence Oak Grove, Oak Grove |
Retail | Sept 7th |
| DraftKings | The Mint Gaming Hall Cumberland Run, Corbin The Mint Gaming Hall Cumberland, Williamsburg |
$656 Million Wagered in First Two Months of Kentucky Sports Betting
Sept 7th (mobile Sept 28th) | |
| BetMGM | Sandy’s Gaming and Racing, Ashland | $656 Million Wagered in First Two Months of Kentucky Sports BettingTBD (mobile Sept 28th) | |
| Caesars | The Red Mile, Lexington | $656 Million Wagered in First Two Months of Kentucky Sports BettingSept 7th (mobile Sept 28th) | |
| Fanatics | Oak Grove Gaming and Racing | $656 Million Wagered in First Two Months of Kentucky Sports Betting $656 Million Wagered in First Two Months of Kentucky Sports Betting||
| FanDuel | $656 Million Wagered in First Two Months of Kentucky Sports Betting $656 Million Wagered in First Two Months of Kentucky Sports Betting $656 Million Wagered in First Two Months of Kentucky Sports Betting|||
| Penn Sports Interactive | Ellis Park, Henderson and Owensboro | $656 Million Wagered in First Two Months of Kentucky Sports Betting $656 Million Wagered in First Two Months of Kentucky Sports Betting||
| Circa Sports | Cumberland Run | $656 Million Wagered in First Two Months of Kentucky Sports Betting $656 Million Wagered in First Two Months of Kentucky Sports Betting||
| Sandy’s Gaming and Racing | $656 Million Wagered in First Two Months of Kentucky Sports Betting $656 Million Wagered in First Two Months of Kentucky Sports Betting
Image credit: Abbie Myers / CC BY-SA 4.0
