Kentucky’s sportsbooks witness a stunning $250 million in wagers with over half a million accounts, as mobile sports betting leads the way.
More than 60,000 accounts have pre-registered for mobile sports betting, which starts on September 28. Governor Andy Beshear said retail sportsbooks have generated a $4.5 million handle to date.
Touchdown for Kentucky punters as NFL season syncs with betting launch.
The seven-member panel will advise the governor, state bodies, and the new regulator for sports betting, the Kentucky Horse Racing Commission (KHRC).
Retail sportsbooks will be allowed to open on September 7, on the same day that the NFL season begins. Online sportsbooks will be able to launch three weeks later, on September 28.
Keeneland & The Red Mile will offer retail & mobile sports betting through Caesars Sportsbook. Kentucky sports betting is expected to launch later this year.
After three years of sports betting bills foundering in the legislature, Democratic Governor Andy Beshear signs HB 551 into law.
As expected, HB 551 calls for legalizing sports betting but not poker or daily fantasy sports. The bill would also make the Kentucky Horse Racing Commission (KHRC) the regulator for sports betting.
For the fourth year in a row, lawmakers will try to get online poker & sports betting in Kentucky legalized. But the effort will need more support this year and will need backing by March 30.
There reportedly wasn’t enough support among the Republicans on a key Senate panel to advance HB 606. GOP support in the full Senate wasn’t there, either. Advocates vow to try again in 2023.
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