Kentucky’s October Betting Revenue Drops 61% in a year

Nov 28, 2024 · The Kentucky Horse Racing Commission reported $18.8 million in gross revenue, down 61.3% from October 2023. The latest handle of $274.9 million was also a 4.5% decrease …

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Kentucky’s October Betting Revenue Drops 61% In A Year

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Nov 28, 2024 · The Kentucky Horse Racing Commission reported $18.8 million in gross revenue, down 61.3% from October 2023. The latest handle of $274.9 million was also a 4.5% decrease …

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Kentucky’s October Betting Revenue Drops 61% In A Year

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The Bluegrass State’s sportsbooks combined to generate a $274.9 million handle while retail sports betting produced its first revenue loss.

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Kentucky’s Sports Betting Revenues Plummet In October

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Nov 30, 2024 · After one full year of online sports betting, Kentucky bettors were much sharper than last October as the sportsbooks’ hold rate plunged nearly 11% while the handle …

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Kentucky’s October Sports Betting Revenue Falls 61% Year-Over …

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Nov 28, 2024 · Adjusted revenue of $20.5 million was down 62.1% year-over-year and 39.1% month-over-month while October’s handle increased 7.5% from September. The Bluegrass …

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Kentucky’s October Sports Betting Revenue Falls 61% Year-Over …

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Nov 28, 2024 · The Bluegrass State’s sportsbooks combined to generate a $274.9 million handle while retail sports betting produced its first revenue loss. $18.8 million in gross revenue, down …

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Kentucky Suffers Drop In October Sports Betting Revenues

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Nov 29, 2024 · The Kentucky Horse Racing Commission. October numbers painted a starkly different picture compared to the same period last year, with gross revenue dropping by 61.3% …

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Sports Betting Handle In Kentucky Drops 61% In October

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Dec 2, 2024 · Tough October for Kentucky Sportsbooks. Total handle for sports betting operators in Kentucky amounted to $274.9 million in October, representing a 4.5% decrease compared …

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Kentucky Suffers Drop In October Sports Betting Revenues

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Dec 2, 2024 · October saw adjusted revenue of $20.5 million, representing a 62.1% year-over-year decrease. This figure also marks a 39.1% decline from the previous month. Kentucky’s …

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Kentucky Sports Betting Reaches $300 Million First-Time Handle

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Dec 27, 2024 · October was a rough month for Kentucky sports betting operators. Sportsbooks suffered a 61% year-over-year revenue drop and a win rate below 8%. November produced a …

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Kentucky Sports Betting Achieves Milestone $300 Million Handle

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4 days ago · The sports betting market has proven to be a boon for state coffers as well. November’s activities contributed $5 million in tax revenue, bringing the yearly total to $36 …

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How Much Did Kentucky Bet On Sports In The First Year Of Legal …

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Dec 9, 2024 · The bets created about $46.1 million in tax revenue for Kentucky, with $43.1 million coming in the first 12 months. Officials estimated generating $23 million in revenue in the first …

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How Much Did Kentucky Bet On Sports In The First Year Of Legal …

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May 9, 2024 · Kentucky residents bet $2.9 billion in the first 14 months of legal sports betting in the commonwealth, according to a new report from the Kentucky Horse Racing and Gaming …

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Kentucky Sports Betting Falls To $275 Million In October

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Nov 29, 2024 · Kentucky’s sports betting fell by 7 per cent to $274.9 million in October, but it was the state’s highest handle of 2024 so far. ... Kentucky’s sports betting fell by 7 per cent to …

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Kentucky Sportsbooks Post $284M In Revenue During First Year

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Oct 7, 2024 · The first year of Kentucky sports betting outpaced projections.According to a recent report Kentucky Horse Racing Commission (KHRC), the state’s sportsbooks accepted $2.3 …

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October Falls In Revenues For Kentucky Sports Betting

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Nov 29, 2024 · The Kentucky Horse Racing Commission. October numbers painted a starkly different picture compared to the same period last year, with gross revenue dropping by 61.3% …

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Kentucky Betting Revenue Is Blowing Away Expectations In Year One

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Sep 9, 2024 · The first year of legal sports betting in Kentucky has been more than profitable for the state. In 11 months of legal wagering, Kentucky pushed its all-time handle to $2.1 billion. …

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Kentucky Sports Betting 2024: List Of KY Sportsbooks ($6K Offers)

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Dec 23, 2024 · Nov. 28, 2024: The Kentucky Horse Racing Commission reports a 61.3% year-over-year decline in sports betting gross revenue for October. The latest handle was also …

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FAQs about Kentucky’s October Betting Revenue Drops 61% in a year Coupon?

When does the Kentucky Sports Betting Bill come into effect?

June 29, 2023: The Kentucky sports betting bill (HB 551) officially goes into effect, 90 days after the governor signed it into law. The Kentucky Horse Racing Commission now has six months to establish a framework and grant licenses to online sportsbooks. ...

How much money does Kentucky bet in 2023?

Feb. 24, 2024: Kentucky announces that 2023 finished strong, with a betting handle of $855.7 million from Sept. 28 (when legal betting began) to Dec. 31, 2023. Dec. 11, 2023: The Kentucky Horse Racing Commission approves nine sports wagering service provider permits for 2024. ...

When does Kentucky sports betting start?

Sept. 7, 2023: Legal retail Kentucky sports betting goes live at 10 a.m. ET. Gov. Andy Beshear places the state’s first wager at Churchill Downs. Additionally, online sportsbooks begin accepting deposits from pre-registered users. Aug. 31, 2023: The Kentucky Horse Racing Commission approves the official KY sports wagering catalogue. ...

When does Kentucky sports betting start in 2023?

Aug. 31, 2023: The Kentucky Horse Racing Commission approves the official KY sports wagering catalogue. Some notable market inclusions are cornhole, chess, cricket, the XFL, and the X Games. Aug. 28, 2023: Pre-registration for online Kentucky sports betting sites and apps goes live at 6 a.m. ET. ...

Can You bet on sports in Kentucky?

Call 1-800-GAMBLER. Legal Kentucky sports betting sites and apps officially went live on Sept. 28, 2023. Eight options currently exist for KY bettors, including some of the most popular names in the industry. And with up to 27 total online sportsbooks permitted to operate in the Bluegrass State, KY bettors should be satiated for years to come. ...

Are Kentucky sports betting sites offering 'bet and get' bonuses?

With Kentucky sports betting still a relatively new thing, most platforms are opting to tender newbie-friendly 'bet and get' rewards as sign-up bonuses. Here is the full list of available offers, along with their attached promo codes: 18+ and present in KY. Gambling Problem? Call 1-800-GAMBLER. ...