The Kentucky Horse Racing Commission reported $59.7m in adjusted gross sports betting revenue across January and February 2024. Sportsbooks took $465.5m in wagers over the two months, with reported holds of 14.9% in January and 10.3% in February.
The regulator-reported revenue, wagers and monthly holds offer operators and investors a view of Kentucky’s early sports betting results.
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Brazil’s Congress president, Davi Alcolumbre, extended the provisional measure prohibiting fixed-odds betting for a further 60 days, with the decision published on 11 November. The extension gives lawmakers until February to consider the measure, which would end betting authorisations, block websites and apps, and return user balances; the government estimates the ban would reduce revenue by BRL12bn.
Brazil’s provisional ban on fixed-odds betting has been extended by another 60 days by Congress president Davi Alcolumbre. The decision appeared in the federal official gazette on Wednesday 11.
A US House subcommittee held a hearing on sports betting on college campuses, where Massachusetts Gaming Commission chair Jordan Maynard testified about underage access. Maynard cited a survey finding that 34% of college students using sportsbook apps were under 21; he said age checks had prevented at least 11,000 underage accounts from opening in Massachusetts.
The CFTC is reportedly examining whether Kalshi properly notified it about dozens of betting contracts under development, potentially leading to enforcement action. Kalshi said the matter involved a procedural error affecting a handful of contracts, many of which were not live, and that it was addressing the issue.
Chile’s Chamber of Deputies approved a budget provision preventing the Internal Revenue Service from using funds to administer tax declaration and payment mechanisms for online betting platforms not authorised to operate in the country. The measure passed with 133 votes in favour, two against and one abstention, and now goes to the Senate for review.
Chile’s Chamber of Deputies approved a proposal to prevent the SII from spending funds on tax declaration and payment mechanisms for unauthorised online gambling platforms. The proposal, considered during debate on the finance ministry’s allocation in the 2027 budget bill, passed by 133 votes to two, with one abstention.
Brazil’s Society of Pediatrics and Brazilian Academy of Pediatrics plan to submit arguments to the Supreme Federal Court and National Congress on Provisional Measure 1.394/2026, which prohibits fixed-odds betting operations, offers, intermediation and advertising in the country. The groups want to take part in public hearings, citing concerns about children’s exposure and household debt; a congressional joint committee on the measure has yet to be formed.
Brazil’s Society of Paediatrics and the Brazilian Academy of Paediatrics want to participate in the debate over the country’s fixed-odds betting ban and support keeping the measure in place. The Society of Paediatrics said the groups were seeking to take part in congressional public hearings on Provisional Measure 1.394/2026, which prohibits the operation, offering, intermediation and advertising of fixed-odds bets.