KY Sports Betting Handle Drops Below $250M for First Time Since Launch
Kentucky reported online sports betting handle of $198.5 million in February, a sharp decline from January’s total of $246 million in wagers.
Nikhil Kalro covers the sports betting industry and revenue reporting at Gaming Today. Much of his work analyzes state revenue information, including betting activity and revenue for individual states and sportsbook operators. In addition, Nikhil provides news updates on the gambling industry itself, including product launches and legal issues. Nikhil’s previous experience includes five years with ESPN.
Kentucky reported online sports betting handle of $198.5 million in February, a sharp decline from January’s total of $246 million in wagers.
Kansas reported sports betting handle of $252.9 million in March, up by almost $50 million from February’s collection of $203 million.
Kansas gaming regulators have asked six fantasy sports apps to exit the state over allegations of “illegal sports wagering."
Indiana collected $500.8 million in sports betting handle in March. Betting handle was up more than 20% from February’s dip in wagers.
Connecticut endured a tough month in February with sports betting handle dropping to $162.7 million after a strong start to the year.
With the NBA playoffs in full flow, basketball comprised more than half of all bets in Colorado. The second-most bet was college basketball.
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