Kentucky reports $150 million in June sports wagers
On Thursday, the Kentucky Horse Racing Commission announced their June sports betting figures. Bet365 was announced as the third-best sports betting app in Kentucky in terms of its mobile handle. The England-based company accepted $15.5 million worth of wagers in June.
That was only down $100,000 from the $15.6 million they saw in May. BetMGM. Caesars, ESPN Bet, Fanatics Sportsbook, and Circa Sports had a handle of under $10 million. Together, they combined for an 18% hold and $145.7 million in mobile handle.
Bet365 was the only sportsbook along with DraftKings and FanDuel to post a seven-figure gross revenue total of $1.2 million. The company had a 7.8% hold and they cleared $1 million in gross winnings in seven of their 10 months with legal business in Kentucky. In June, operators statewide had a 10.5% win rate with $150.3 million in accepted wagers. Additionally, Kentucky has now passed $2 billion in all-time wagering in the first 10 months of business.