BetMGM, Fanatics Drive Kentucky Sports Betting Growth

LEXINGTON, Ky. – DraftKings and FanDuel still own Kentucky sports betting. But in August, they were not the reason it grew . The Kentucky Horse Racing and Gaming Corporation’s August 2026 sports wagering report shows $206.3 million bet across the state, up 6.8% from August 2025. Online betting made up $203 million of that total, or 98.4% of all action. Bettors also had a good month . Online sportsbooks held just 8.4% of bets compared to 11.4% a year ago. As a result, revenue fell 20% to $17.1 million, and Kentucky collected $2.47 million in tax benefits.