It was a wild ride for Kentucky sports bettors the final two months of 2023 as they gave thanks in November and got coal in December.
The Kentucky Horse Racing Commission released long-awaited sports betting revenue figures for the final two months of last year on Wednesday, showing slight month-over-month handle declines from October and operator revenue swinging up and down.
The two months of action saw a combined $546.6 million worth of action, with November’s $282.5 million handle the higher of the two. After being held to a sub-8% hold that month while winning $22.2 million, operators bounced back with a vengeance to close out 2023, posting a 12.4% win rate on $264.1 million worth of wagers to claim $32.7 million in gross revenue.
