Kentucky Slot Parlors See Double-Digit Revenue Surge in January

Churchill Downs leads the way with 20% growth at its facilities across the state.

Published on Feb. 25, 2026

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Kentucky's slot machine parlors saw a 17.1% spike in revenue in January, with Churchill Downs leading the way with a 20.1% increase at its facilities across the state. The state's largest slot parlor, Derby City in Louisville, saw an 8% increase, while the second-largest facility at Oak Grove saw a 6% jump. Several other smaller parlors also reported double-digit revenue growth.

Why it matters

The strong performance of Kentucky's slot parlors, particularly those operated by industry leader Churchill Downs, signals continued consumer demand for gaming entertainment in the state. This could lead to further investment and expansion in the sector, as well as increased tax revenue for state and local governments.

The details

According to the report from J.P. Morgan, Churchill Downs realized $47.5 million in revenue from historical-racing machines (HHRs) in January, a 20.1% spike that exceeded analysts' expectations. Kentucky's largest slot parlor, Derby City in Louisville, grossed $16.7 million, an 8% increase, while the second-largest facility at Oak Grove saw a 6% jump to $13.7 million. Several smaller parlors also reported strong results, including Turfway Park (16.5% increase), Newport (24.2% increase), and Ellis Park (11.1% increase).

  • Kentucky's slot parlors reported the January revenue figures on February 25, 2026.
  • Churchill Downs opened its new 225-machine Marshall Yards slot parlor on February 25, 2026.
  • Churchill Downs was slated to release its latest earnings report on February 25, 2026, followed by an earnings call on February 26, 2026.

The players

Churchill Downs

A major gaming and racing company that dominates the Kentucky gaming industry, operating several slot parlors across the state.

Derby City

Kentucky's largest slot parlor, located in Louisville, with 1,230 historical-racing machines.

Oak Grove

The second-largest slot parlor in Kentucky, with 1,207 terminals.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

“Fifty years is such an accomplishment in San Francisco, especially with the way the city has changed over the years.”

— Gordon Edgar, grocery employee (Instagram)

The takeaway

The strong performance of Kentucky's slot parlors, led by industry giant Churchill Downs, highlights the continued consumer demand for gaming entertainment in the state. This could spur further investment and expansion in the sector, as well as increased tax revenue for state and local governments.