Kentucky saw $33.6 million in adjusted gross revenue from sports betting on a $255.9 million handle in September, the Kentucky Horse Racing and Gaming Corporation has reported.
The state’s eight online sportsbooks accounted for around 97 percent or $32.5 million of the revenue, while the nine retail operators contributed the remaining $1.1 million.
DraftKings, in partnership with Cumberland Run, led the online market, recording $13.3 million in AGR. Partnered with Turfway Park, FanDuel followed closely with $12.6 million. Together, the top two accounted for more than three-quarters of the monthly total. Bet365 followed, then Caesars and BetMGM rounded off the top five.
Meanwhile, Kambi Sportsbook at Churchill Downs led retail sportsbooks with revenues of $492,247, followed by Caesars Sportsbook at Red Mile with $351,030 and Turfway Park’s Kambi Sportsbook, which generated $108,793.
With the NFL season kicking off on September 5, revenue was up 185.7 percent month-on-month compared to the $11.8 million collected in August.
Revenue also was more than 12 times higher than the $2.6 million collected last September, the month that Kentucky launched its sports betting market. The race between online and retail sportsbooks was much closer last September, with online sportsbooks collecting $1.5 million in AGR compared to $1.1 million from retail. However, the retail market launched on September 7 while online only had three full days of operating after launching on September 28.
Last month, Governor Andy Beshear reflected on the state’s first year of sports betting, saying that it “exceeded all expectations.”
