The Kentucky Horse Racing and Gaming Commission reported that online and retail sportsbooks integrated to accept $150.3 million of wagers in June, down 17.1% from May. It was the first true summertime slowdown month for Bluegrass gamblers as the NBA and NHL covered up their seasons and MLB provided most of significant wagering occasions.
Gross earnings fell 27% month-over-month to $15.8 million while the 10.5% hold, seventh most affordable all-time, dropped nearly 1.5 points from May.
Adjusted profits of $15.4 million in June led to $2.2 million in taxes paid to the Commonwealth.
Impressive first half
Despite the lower figures in June, the amount wagered in Kentucky all-time went beyond $2 billion while operators have actually taken more than $250 countless profits and filled Kentucky's coffers with $35.3 million in tax income.
Kentucky sports wagering has actually likewise created a manage of $1.2 billion and profits of more than $143.9 million in the first 6 months of 2024. Operators have enjoyed an 11.6% .
Battle of the bigs
Online sports wagering represented $145.7 million of Kentucky's total deal with in June.
DraftKings produced the highest amount of wagering in the Commonwealth with a $56.6 million manage. The online operator's hold fell just shy of double digits, permitting FanDuel to rake in the most income in June on a $47.3 million manage.
FanDuel had a win rate above 14% for the 3rd successive month and posted the state's best hold.
June was a strong month for bet365, which caught 3rd place in online deal with and was the only other sportsbook to reach $1.2 million in profits. Caesars got to $9.1 million in wagers while BetMGM wasn't far behind with an $8.2 million manage while likewise delighting in a 9.3% hold.
ESPN BET had the second-highest win rate for June at 10%, but the PENN Entertainment-owned sportsbook mustered just the sixth-best deal with and made half of BetMGM's total profits.
Fanatics wasn't far behind with a manage of $4 million, and Circa produced a 13% hold on a manage of $805,833 in its very first complete month given that launching in Kentucky in May.
Churchill Downs controls
Retail sports betting produced a manage of $4.6 million in June, below May's $5.8 million. Brick-and-mortar stores combined for an 11.3% hold.
Churchill Downs comprised much of Kentucky's quantity wagered, representing $2.3 million at its Kambi-operated sportsbook. Turfway Park ended up second with a handle of $821,930 while Red Mile produced $782,285 in bets.
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June Produces Kentucky’s Slowest Sports Betting Month
kaygvq19216074 edited this page 2026-04-28 14:27:16 +02:00