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Gov. Beshear Announced Over $656 Million Wagered Since Launch of Sports Betting

December 10, 2023 | Government

Sports Betting

FRANKFORT, Ky. (December 7, 2023) — Governor Beshear Announced on Thursday that since sports betting opened in the commonwealth, over $656 million has been wagered. This number represents over $26.8 million that has been wagered in-person at the state’s licensed retail sportsbooks and over $629.5 million that has been wagered through mobile devices. An average of $65.2 million is being wagered each week.

Gov. Beshear: Over $656 million wagered since launch of sports betting

Gov. Beshear: Over $656 million wagered since launch of sports betting.

Initial numbers indicate that the commonwealth brought in nearly $8 million in tax dollars for the first two months of sports wagering. Detailed monthly reports will be available on the Horse Racing Commission’s website starting next week.

“Folks, this is an incredible start, and if this trend holds true, we will significantly exceed the $23 million in projected revenue from sports wagering,” said Gov. Beshear.

SOURCE: News – Office of the Governor.

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