Kentucky OTB Closing Last Three Locations
Kentucky Off-Track Betting will close its three remaining facilities after the Triple Crown concludes in June, it was reported in the Louisville Courier-Journal.
The corporation, which is owned by Kentucky's racetracks, has seen handle at its site decline over the past 10 years as account wagering has become more popular. According to the Courier-Journal, handle at the company's four original sites totaled close to $26 million in 2003, while dropping to $10 million last year at the three remaining sites.
The company's three locations are in Corbin, Jamestown, and Maysville. A site in Pineville closed in 2010.