Kentucky OTB Closing Last Three Locations

by | 03.14.2013 | 1:45pm

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.

Read more in the Louisville Courier-Journal

  • Don Reed

    Good bye Brick & Mortar.
    Meanwhile, when the companies that gain a monopoly in at-home betting, the quality of their servies were plunge dramatically. Upset? Tough S.
    “We’re the ONLY game in town. Take it or leave it. We’re very excited about your decison.”
    THAT press release from TVG and/or HRTV (plus whatever feeble corporations remain as their ostensible competitors) will be their response to your complaints about getting screwed.
    (Ever wonder why the casinos destroyed horse racing? There you have it.)

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