Over $4.5 Million Wagered Over First Two Weeks Of Legal Sports Betting In Kentucky

Two weeks after opening in-person sports wagering and one week prior to the launch of mobile wagering, Gov. Andy Beshear updated Kentuckians on the success of the retail launch and what they can expect next.

Gov. Beshear announced that preliminary numbers following the first two weekends of retail wagering indicate more than $4.5 million was wagered in the state.

“This is a strong number that certainly reflects the excitement Kentuckians have for the opening of sports wagering,” said Gov. Beshear. “With college football and the NFL season underway, plus the launch of mobile wagering, we expect that number will grow significantly.

“It has taken many years to get here, but sports wagering is finally a reality in Kentucky. This is a win-win for Kentuckians, who can enjoy a quality entertainment experience and benefit from funds staying right here in our state to help us build a better Kentucky,” added Gov. Beshear.

On Thursday, Sept. 28, Kentuckians can begin placing wagers on their mobile phones.

In preparation for the mobile opening, users can create an account and deposit money into their preferred, licensed mobile wagering application or applications. Gov. Beshear said that mobile partners are reporting that well over 60,000 mobile accounts are already pre-registered in the state. The Governor noted that not all application licensees have reported yet.

The following mobile applications have been licensed by the Kentucky Horse Racing Commission (KHRC) to operate in Kentucky and will launch their applications on opening day:

  • Bet 365
  • Bet MGM
  • Barstool Sportsbook
  • Caesars
  • Draft Kings
  • FanDuel
  • Fanatics

Circa Sports Kentucky has been licensed by the KHRC and plans to launch a mobile application later this year.

Earlier Thursday, the Sports Wagering Advisory Council met and recommended additions to the sports wagering catalog. The wagering catalog is a list of sporting events and sports governing bodies approved for wagering in Kentucky. Additions to the sports wagering catalog include:

  • Formula One Racing
  • NRL (National Rugby League Australia)
  • PFL (Professional Fighters League MMA)
  • Bellator (MMA)
  • Universal Tennis League

The council also recommended criteria for selecting independent testing laboratories for technical components of sports wagering systems. The recommendations were approved by KHRC Executive Director Jamie Eads, subject to ratification by the full commission at their next scheduled meeting.

Today's news is the latest in a string of sports betting announcements by Gov. Beshear.

On Aug. 15 and 18, Gov. Beshear signed executive orders 2023-480 and 2023-483 appointing members of the Sports Wagering Advisory Council. The council will advise the full commission and provide additional voices who have knowledge of the sports betting industry.

On Aug. 17, Gov. Beshear announced a timeline for sports wagering to open in Kentucky. That timeline now moves closer to full implementation.

On Aug. 22, the KHRC voted to approve temporary licenses for seven operators and nine service providers. The details of those approved for licensure and their business relationships are available here. A list of licensed retail sportsbooks is available here. Some retail locations and mobile applications are coming soon.

Kentucky chose a tiered implementation, which has been used in multiple states and which allows for the testing of policies and procedures before the full rollout that includes mobile applications.

House Bill 551 established a new excise tax on sports wagering: 9.75% on the adjusted gross revenues on wagers made at a licensed facility and 14.25% on wagers placed online or on a smartphone.

Sports wagering is expected to increase the state's revenue by an estimated $23 million a year upon full implementation. The increase in revenue will support the oversight of sports wagering and then be dedicated to the Kentucky permanent pension fund.

Additionally, 2.5% will support the Problem Gambling Assistance Fund. The fund educates Kentuckians on safe gambling practices, the risks of developing a gambling problem, risk factors and warning signs of gambling problems and available services to reduce the consequences of problem gambling.

Resources are available by calling or texting 1-800-GAMBLER (1-800-426-2537), visiting KYCPG.org or emailing kyproblemgamblingassistance@ky.gov.

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Bauhinia At Saint-Cloud For Second Test

Observations on the European Racing Scene turns the spotlight on the best European races of the day, highlighting well-pedigreed horses early in their careers, horses of note returning to action and young runners that achieved notable results in the sales ring. Friday's Observations features the return of a 'TDN Rising Star'.

13.40 Saint-Cloud, Cond, €34,000, 2yo, f, 7 1/2fT
BAUHINIA (IRE) (Too Darn Hot {GB}) earned TDN Rising Star status at ParisLongchamp last month and Godolphin's daughter of the G2 Rockfel S.-placed Desert Blossom (Ire) (Shamardal) is kept away from black-type company for now by Andre Fabre. Among her opponents is Ecurie des Charmes's Deauville conditions scorer Opera Mundi (Ire) (Kingman {GB}), a Carlos & Yann Lerner-trained relative of the G1 Grand Prix de Saint-Cloud winner Plumania (GB) (Anabaa) and G1 Prix Vermeille winner Left Hand (GB) (Dubawi {Ire}).

 

14.25 Newbury, Cond, £20,000, 2yo, f, 7fT
INVERSION (GB) (Frankel {GB}) makes her debut in this Dubai Duty Free Full of Surprises British EBF Fillies' Conditions S. which obviously enjoys a special resonance with the Charlton stable, having won it for three of the last five years including with the subsequent G1 Fillies' Mile heroine Quadrilateral (GB) (Frankel {GB}) and with this Juddmonte homebred's half-sister Lucid Dreamer (GB) (Dansili {GB}). Also successful with L'Ancresse (Ire) (Darshaan {GB}) in 2002, their runner this time is also a half-sister to the recent GI Diana S. winner Whitebeam (GB) (Caravaggio).

 

16.40 Kempton, Novice, £9,900, 2yo, 7fT
MILITARY LEADER (GB) (Dubawi {Ire}) is introduced by Charlie Appleby at a track at which he likes to run his smart juveniles and this is a half-brother to this year's G1 Coronation S. third Sounds Of Heaven (GB) (Kingman {GB}). A 1.5million gns Tatts Book 1 purchase, he hails from the spectacularly successful Kilfrush Stud family of Galileo's Hydrangea (Ire), The United States (Ire) and Hermosa (Ire).

 

17.15 Kempton, Novice, £9,900, 2yo, 7fT
AGE OF BAROQUE (FR) (Lope De Vega {Ire}) is another Godolphin-Appleby project starting out on the Polytrack, being a grandson of the G1 Prix du Moulin de Longchamp winner Grey Lilas (Ire) (Danehill) from the immediate family of the G1 Poule d'Essai des Pouliches and G1 Prix de Diane heroine Golden Lilac (Ire) (Galileo {Ire}). Costing €575,000 at last year's Arqana Deauville August Yearling Sale, the Februray-foaled bay has some experienced peers to overcome including Victorious Racing's 360,000gns Tatts Craven Breeze-Up graduate Military Artist (Munnings) from the Roger Varian stable.

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With ’25 the New Target for Racinos, Optimism Accompanies ’24 Illinois Race Dates

Illinois racing is still struggling to recover from the twin blows of the 2021 closure of Arlington International Racecourse and the inability of the state's two surviving Thoroughbred venues–Hawthorne Race Course and FanDuel Sportsbook & Horse Racing–to follow through with building their proposed racinos that were legalized back in 2019.

Yet Thursday's Illinois Racing Board (IRB) meeting was conducted with a noticeably welcome tone of cautious optimism, as commissioners unanimously approved 2024 race dates against the backdrop of revamped racino construction schedules at both venues that could mean gaming revenue will finally be flowing into the state's Thoroughbred purse accounts by 2025.

Hawthorne, just outside Chicago, was granted a bump upward to 78 programs for 2024, an increase of 10 days over this year's schedule. Instead of closing on Labor Day, next year's meet will extend through mid-October.

FanDuel–which almost everyone who spoke at the meeting still refers to by its nearly century-old name, Fairmount Park–in 2024 will race a similar 62-card template as it did this season.

But the track 280 miles southwest of Hawthorne (just over the Mississippi River from St. Louis, Missouri) will have to share Saturday racing with Hawthorne for the bulk of next year as Hawthorne attempts to build its season around night and weekend racing to avoid horses competing amid loud and intrusive construction of the racino.

Hawthorne for decades has had a decidedly blue-collar reputation. But for the past two years it has been thrust into only-game-in-Chicago leadership status after the devastating exodus of the more opulent and suburban Arlington, which was sold and is being redeveloped as the possible site for a football stadium.

Tim Carey, Hawthorne's president and general manager, did not spare superlatives when he painted a vision of the future for the track that his family has owned since 1909.

“I truly believe that Illinois horse racing is on the precipice of an incredible renaissance, that will not only uplift our local participants, but will re-establish Chicago racing to national prominence,” Carey said, adding that the plan to bring the racino to life would transform Illinois into “one of the most exciting and prosperous markets for horse racing in North America.”

Yet every time Carey referenced the long-awaited racino during the Sept. 21 meeting, he was careful to get it on the record that everything he was promising was predicated on the Illinois Gaming Board signing off on details of the deal in a timely manner.

“They, of course, still have to approve everything that we do–financing, the commencement of construction,” Carey said. “We don't have that yet. We need to provide that to them.”

Fairmount Park/FanDuel Sportsbook | T.D. Thornton

Melissa Helton, the president and general manager at FanDuel/Fairmount, estimated the same 14-month start-to-finish construction phase for her downstate track as Hawthorne's management was outlining.

“We're hoping by the end of the year to have that started,” Helton added. She didn't bring up–nor did commissioners ask her–about how construction would affect the horses at the two-days-a-week 2024 meet (Apr. 16-Nov. 16).

Chris Block, the president of the Illinois Thoroughbred Horsemen's Association, expressed confidence in Hawthorne's plan. Perhaps as early as Sept. 22, his organization is poised to sign a two-year deal for racing there.

“The horsemen are going to have to suck it up again and start training at five in the morning to accommodate construction, and [Saturday racing] is going to be a necessity for us when we're under construction,” Block said. “We're going to need to run on Saturday and Sunday, and [Thursday] evening. So the horsemen are ready for that [and] we look forward to that. We're working together, we're going in the same direction with something that is an absolute necessity in this day and age in the Illinois horse racing industry.”

But, Block added, “I really, really, really look forward to 2025, and the operation of that casino, and the rebirth of Illinois horse racing, and a positive direction not only in breeding, but in racing.”

Hawthorne is also pledging to move forward with plans to identify and build a second racino that would eventually be the separate home of commercial Standardbred racing in greater Chicago. That would mean Thoroughbred and harness horses would no longer have to share the same venue, which is what currently keeps both breeds from year-round racing in the state.

Carey said Hawthorne will cease its 2023-24 fall/winter harness meet in time for the track to be converted for Thoroughbred training by Feb. 13.

Hawthorne's 2024 Thoroughbred meet will open Mar. 23 with Saturday and Sunday racing until June 21, when the schedule expands to three days weekly by adding Thursday evenings until the meet closes Oct. 13.

In 2023, Hawthorne originally had Saturdays on the schedule. But the IRB in April approved a request to move those Saturdays to Thursdays, with Hawthorne management advocating at the time that switching to Wednesdays, Thursdays and Sundays would be a better business decision handle-wise. It also eliminated the Saturday overlap with FanDuel/Fairmount, which traditionally races Tuesday afternoons and Saturday evenings.

The racino construction has changed those business parameters, and Hawthorne's 2024 request to go back to Saturdays came as a surprise to FanDuel/Fairmount.

“Today is the first day I'm hearing that they were going to pick up on Saturday,” Helton said. “The last conversation I had with [Hawthorne racing director] Jim Miller, they were keeping their schedule the same, [and] obviously it will impact how many horses we have on the field.”

Asked for his take prior to the commissioners voting 9-0 to endorse the Saturday overlap, Illinois Horsemen's Benevolent and Protective Association president Jim Watkins, who trains horses at both venues, said he didn't think the two tracks running on the same day (Hawthorne in the afternoon, Fairmount in the evening) would be a big deal.

“I think it's workable,” Watkins said. “The other option for Fairmount would be to go to a lesser [weekday], and that, of course, would hit us in the pocketbooks [via loss of handle revenue], and we're not in great shape.”

Yet a couple of moments later, Watkins painted a more positive picture of the current meet at FanDuel/Fairmount, which is scheduled through Nov. 18.

“The purse account is in a good position, nearly $1 million to the positive, so the horsemen are not in debt to the track,” Watkins said. “We anticipate, because of funds that have come in, that we will be able to have, for the fourth year in row, a purse increase of hopefully 10-20%.”

Watkins also noted that “we've gone to eight races a day [from the IRB-mandated seven], and if the entries stay as strong, we're anticipating possibly nine or 10 races some days. The horse population, since the closure of Hawthorne on Labor Day, we've gone from 572 to 676 with a few more stables bringing a few more in.”

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