FRANKFORT, Ky. — State Budget Director John Hicks reported today that General Fund receipts rose 35.0 percent in September with revenues of $1,505.7 million, including the deposit of $225 million from a one-time legal settlement with Flutter Entertainment, the parent company of PokerStars. September collections excluding the settlement rose 14.8 percent over September of 2020. Thus far in fiscal year 2022, the General Fund has grown 20.0 percent, or 12.1 percent adjusting for the settlement. Through the first quarter of the fiscal year revenue collections continue to exceed the budgeted revenue estimates and the significant growth rate follows a fiscal year when collections rose more than 10 percent.
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