by Zachary Kelley | Feb 23, 2024 1:09 pm | Revenue
Kentucky online sportsbooks accepted over $855 million in total bets through Dec. 2023. This resulted in $15.2 million in tax revenue, well ahead of schedule for Kentucky’s annual estimate of $23 million. Retail sportsbooks reported a $36.6 million handle, adding an...
by Zachary Kelley | Dec 11, 2023 3:48 pm | Revenue
Kentucky earned nearly $8 million in tax revenue from their first two months with legal sports betting, putting them well ahead of their yearly expectation. Kentucky residents wagered $340.8 million in September and October. Retail sports betting launched Sep. 7, with...
by Zachary Kelley | Sep 27, 2023 1:35 pm | Legal
Kentucky online sports betting launches on Thursday at 6 a.m. Retail sports betting in Kentucky launched on Sep. 7 and saw over $4.5 million in bets in two weeks. Seven operators are available for the online sports betting launch, with Circa Sports adding another...
by Zachary Kelley | Sep 22, 2023 3:55 pm | Sports Betting
Kentucky residents bet over $4.5 million at retail locations since legal sports betting launched two weeks ago. The state is estimated to make over $23 million in annual tax revenue from legal sports betting. Online sports betting launches on Thursday. FRANKFORT, Ky....
by Zachary Kelley | Sep 21, 2023 5:39 pm | Regulatory
Kentucky voted to add Formula One, the National Rugby League, UTR Pro Tennis Tour, and two fighting leagues to their sports betting catalog. The Kentucky Horse Racing Commission must approve the sports leagues to join the sports betting catalog before wagering can...
