Kentucky

DraftKings Leads Kentucky Sports Betting Handle For June

by
DraftKings Leads Kentucky Sports Betting Handle For June

DraftKings led Kentucky’s nine online betting apps with $85.1 million of June’s $219.3 million handle, a 38.8 percent share. Every Kentucky betting app operates on a horse track’s license, and eight tracks hosted nine apps in June. Churchill Downs hosted the smallest app, with Prime handling $1.6 million, under 1 percent of online wagers. Online … Read more

Prediction Markets Now Out-Trade America’s Sportsbooks, and States Are Racing to Tax Them

by
Prediction Market Volume | Now Bigger Than Sports Betting

Kalshi and Polymarket are now clearing something like $24 billion in trades a month, more than the country’s licensed books handle. The matchup is messier than the headline suggests, but the scramble by states to tax it is not. The pecking order of American betting just got turned around. Month over month, the dollars moving … Read more