Warning: Undefined array key "post_type_share_twitter_account" in /var/www/vhosts/casinonewsblogger.com/public_html/wp-content/themes/cryptocurrency/vslmd/share/share.php on line 24

Kentucky Wildcats football

Kentucky’s Chris Rodriguez Jr. celebrates his touchdown run against Mississippi State.Oct. 15, 2022

Kentuckymissst 23

  • Kentucky is now the 35th state in the country to have live sports betting
  • Nine licensed racetracks will offer sports betting today
  • Online sports betting will kick off on Thursday, Sept. 28

Welcome, Kentucky sports betting, to the national party.

Kentucky became the 35th state in the country this morning to offer legalized sports betting, as the commonwealth opened nine brick-and-mortar sportsbooks at licensed racetracks throughout the state at 10 a.m.

Gov. Andy Beshear (D) will soon place the first bet in the state at Churchill Downs. Kentucky will launch online sports betting on Thursday, Sept. 28.

We’ll update this post throughout the day.

Kentucky Brick-and-Mortar Sports Betting Now Open

The follow locations are will be offering brick-and-mortar sports betting today:

  • Churchill Downs
  • Cumberland Run
  • Derby City Gaming
  • Ellis Park in Henderson
  • Newport Racing and Gaming
  • The Mint Gaming Hall at Cumberland Run in Corbin
  • The Mint Gaming Hall at Cumberland Run in Williamsburg
  • Oak Grove
  • Turfway Park

Churchill Downs is currently the only sportsbook to allow customers who are 18, the legal age to participate in Kentucky sports betting. The eight other sportsbooks are limiting customers to those who are 21-and-older.

The Kentucky Horse Racing Commission also issued temporary facility licenses to three locations that have yet to open. Derby City Gaming, Ellis Park in Owensboro, and Sandy’s Gaming and Racing will open at a future date.

The Kentucky Horse Racing Commission approved the state’s initial sports betting catalogue last week.

The Kentucky sports betting catalogue will allow bets on eSports, Japan Nippon Professional Baseball, FIBA sanctioned basketball events, and cycling events sanctioned by the Union Cycliste International.

Other markets include:

  • XFL
  • USFL
  • Canadian Football League
  • LIV Golf
  • Netball (ANZ Premiership and Super Netball)
  • Sailing (Americas Cup)
  • X Games
  • Winter and Summer Olympics
  • Major League Eating Sanctioned Events
  • Nathan’s Famous Hot Dog Eating Contest

Years in the Making

Kentucky legislators spent nearly two years trying to pass sports betting in the state, finally getting a bill across the finish line this past March. The Kentucky Senate approved Rep. Michael Meredith’s (R-19) sports betting bill, HB 551, by a vote of 25-12. It needed a three-fifths majority to be approved. The House of Representative approved the bill earlier in the month.

Gov. Beshear only needed one day before he signed the bill into law.

Nearly every single state surrounding Kentucky offers sports betting, Beshear said, and it was time to bring the industry to the Bluegrass state.

“For years I believed it was time for Kentucky to join so many other states and pass sports betting…This industry will bring new jobs, tourism, and growth. I am proud today that I am going to sign it into law,” he said.

Fiscal estimates show legalized sports betting could lead to $23 million annually for Kentucky, but those estimates are likely low, Sen. Majority Leader Damon Thayer (R-17), when the bill was approved.

Author Image

Robert Linnehan

Regulatory Writer and Editor


Source link