PGA Championship Inks Sports Betting Partnership With ESPN BET

PGA Championship - ESPN BET - PENN Entertainment

The PGA Championship is the first golf major to announce a partnership with a legal sports betting operator. ESPN BET will be integrated into the broadcasts on ESPN networks, including betting odds and more sports betting insight during the tournament. ESPN BET account holders will … Read more

Now Is The Time To Bet On The Kentucky Derby For A Profit

2024 Kentucky Derby

All current betting odds for the Kentucky Derby have each horse at +650 or longer, which means now may be a good time to lock in some value ahead of the race. The best horses to look at are Timberlake, Dornoch, Domestic Product, Sierra Leone, … Read more

Kentucky Sports Betting Numbers Exceed Revenue Expectations

Kentucky Approves Sports Betting

Kentucky online sportsbooks accepted over $855 million in total bets through Dec. 2023. This resulted in $15.2 million in tax revenue, well ahead of schedule for Kentucky’s annual estimate of $23 million. Retail sportsbooks reported a $36.6 million handle, adding an additional $342,888 in tax … Read more

An Early Recap Of The 2023 US Sports Betting Market

2023 US Sports Betting Market

With over 30 reports still outstanding, the current US betting total for 2023 is $102.5 billion. Over $90 billion of that was won back by bettors across America. Tax contributions from sportsbooks closed in on $1.8 billion for the year. New York’s tax rate proves … Read more

Kentucky Made $7.9 Million in Two Months with Sports Betting

Kentucky Sports Betting

Kentucky earned nearly $8 million in tax revenue from their first two months with legal sports betting, putting them well ahead of their yearly expectation. Kentucky residents wagered $340.8 million in September and October. Retail sports betting launched Sep. 7, with online sports betting launching … Read more

Sports Betting is on Pace to Surpass $100 Billion in 2023

Sports Betting

Americans bet $79.76 billion on sports since January of 2023. Based on current pace and upcoming sporting events, the market expects to continue its growth and surpass the $100 billion mark before the year ends. The emergence of new online sportsbooks and more states with … Read more

Online Sports Betting in Kentucky Launches Tomorrow at 6 AM

Online Sports Betting in Kentucky

Kentucky online sports betting launches on Thursday at 6 a.m. Retail sports betting in Kentucky launched on Sep. 7 and saw over $4.5 million in bets in two weeks. Seven operators are available for the online sports betting launch, with Circa Sports adding another option … Read more

Kentucky Sees Over $4.5 Million of Retail Betting in 2 Weeks

Kentucky Sports Betting

Kentucky residents bet over $4.5 million at retail locations since legal sports betting launched two weeks ago. The state is estimated to make over $23 million in annual tax revenue from legal sports betting. Online sports betting launches on Thursday. FRANKFORT, Ky. – Kentucky Governor … Read more

Kentucky Adding Formula 1 + Others to Sports Betting Catalog

Formula 1 Racing

Kentucky voted to add Formula One, the National Rugby League, UTR Pro Tennis Tour, and two fighting leagues to their sports betting catalog. The Kentucky Horse Racing Commission must approve the sports leagues to join the sports betting catalog before wagering can take place. Online … Read more