Kentucky online sportsbooks collect $175.5 million handle in May
Sports Game · 2024-07-12

Kentucky online sportsbooks collect $175.5 million handle in May

The Kentucky Horse Racing Commission has reported a sports wagering total of $181.4 million in handle in May, with $175.5 million online sportsbooks and $5.8 million in retail.

DraftKings collected the highest handle of $69.9 million, followed by FanDuel with $59.0 million and Bet365 with $15.6 million. However, FanDuel led the way in adjusted gross revenue, reporting $9.5 million, while DraftKings collected $7.2 million and Bet365 $1.2 million. Total AGR was about $21.2 million, including $20.5 million from online sportsbooks and $635,992 collected by retail venues.

May’s totals resulted in almost $3 million in excise tax paid to the state, which goes toward public education, pension programs and other state causes. Kentucky gaming tax is calculated from AGR at the rate of 9.75 percent for retail sportsbooks and 14.25 percent for online wagering.

1Legal sports betting was launched in Kentucky in September, so no year-on-year figures are available. However, May’s figures were down slightly from April, where handle reached $180.8 million and AGR was $22.8 million.

The Bluegrass State is home to eight online sports betting operators after Las Vegas-based operator Circa Sports launched this year in partnership with Cumberland Run in Corbin.

Please fill out the form to send a message to the CDC Gaming Reports team. Alternatively, you can send an email to the address on the footer of each page.

Popular articles
Super PAC Raises $48 Million: Sports Betting Forces Ramp Up Political Push
Regulation
JILI Partners with Cricket Legend AB de Villiers (ABD) to Launch Exclusive Branded Game Series 100% 11
Sports Game
Institutional Academy that exceeded expectations marked the opening of GAT CDMX
Online Game
Across 6 Cities: HUIDU Invites You to 8 World Cup Parties Redefining High-Value Social Networking
HUIDU Focus
GAT CDMX 2025 Institutional Academy: Leaders and Experts Analyze the Present and Future of the Gaming Industry in Mexico and Lat
Sports Game
GAT Expo Puerto Rico Will Pulse with the New Era of Gaming in the Caribbean
Marketing
B2B Tech Infrastructure Gains Momentum in Philippine Gaming Sector
Southeast Asia
PropellerAds Shared a New iGaming Case Study: 97,674 Installs and 12,701 Deposits in 3 Months
Marketing
Indiana online casino bill stalls in House committee
Regulation
New Jersey July Gambling Revenue Hits $606M, Sweeps Casinos Banned
Regulation
Kazakhstan plans to penalise online casino promotions
Regulation
British gambling levy rates confirmed for each vertical
Regulation
Full House at GAT Expo Cartagena 2026 Academic Agenda
Online Game
UK MPs reopen 2025 gambling inquiry as reform stalls
Regulation
SBC Summit Canada to Make Player Safety a Key Pillar of 2026 Agenda
Marketing
Home
Game
Cooperation
Find
My