has averaged about $4 million a month in tax revenue, putting the commonwealth ahead of early estimates it would see $23 million in taxes for the entire year.
The Kentucky Horse Racing Commission released its first official revenue reports on Dec. 11, showing the state has taken in nearly $8 million in sports betting tax revenue through its first two months.
After launching in early September, the state has accepted more than $340.8 million in sports bets through October.
Millions in Kentucky Tax Revenue
Hans Stokke, Director of Sports Betting in the commonwealth, said the state $340,813,121 in total sports betting handle and $7,940,753 in tax revenue through October. While November numbers are not yet official, Stokke said the state had taken in more than $26…