Kentucky: Historical horse racing devices revenue surges 14% in February

Thursday, April 16, 2026 11:40 AM
Photo: Churchill Downs Inc. (courtesy)

Historical horse racing devices (HHRs) in Kentucky saw 14% more revenue in February. On a same-store basis, minus the Owensboro and Marshall Yards slot parlors, they were up 12%. Marshall Yards didn’t open until February 25.

For the first quarter, Kentucky HHRs are tracking well ahead of J.P. Morgan analyst projections. They are up 17.1% compared to the 12.3% modeled by Morgan.

Marshall Yards, despite its brief tenure in the market, was the leading per-machine contributor. Its 190 terminals averaged $1,011 per day for a $600,000 take.

The largest HHR facility in the Bluegrass State was Derby City at Churchill Downs’ titular track. Its 1,233 machines averaged $511 apiece for a $17.7 million haul, up 4.3% from February 2025.

The Oak Grove racino is almost as massive, boasting 1,224 HHRs. It took in $14.9 million, a 9.2% increase. Oak Grove averaged $436 per slot per day.

The biggest year-over-year increase was in Newport, which leapt 18.7% to $3.5 million. It averaged $277 per each of its 449 gambling devices.

Turfway Park’s HHRs saw a 16.6% jump in business, up to $6.6 million. It averaged $291 per HHR, across 809 machines.

There was also a double-digit leap at Ellis Park, where revenue was up 14% to $2.2 million. Its 297 slots averaged $261 daily.

The newish Owensboro slot parlor averaged $286 per day with its 598 HHR machines for a total haul of $4.8 million. The rear was brought up by Derby City Downtown, in Louisville. Its 440 machines averaged just $126 apiece for $1.6 million in revenue. Nevertheless, that was a 2.8% increase over 2025.

Churchill Downs’ share of Kentucky’s HHR business came to $51.8 million, spread across 5,240 devices. They averaged $353 per machine.

David McKee

David McKee is a longtime contributor to CDC Gaming with 47 years of journalism experience. Writing from Augusta, Georgia, he draws on two decades working with the Las Vegas gaming industry, turning complex developments into clear and engaging analysis.