Federal tax provision limiting gambling loss deductions faces industry opposition and bipartisan pushback over projected $18 billion in handle losses. Hard Rock Bet expands Florida presence with Orlando Magic partnership, its second NBA deal in the state. Former Kentucky Senator advocates for Georgia horse racing … Read more
Retail sports betting launched in Kentucky on Thursday at 10 a.m. ET. Governor Andy Beshear placed the first bet at Churchill Downs. Kentucky online sports betting launches on September 28. FRANKFORT, Ky. – Legal Kentucky sports betting officially arrived with Governor Andy Beshear’s inaugural first … Read more
Kentucky’s Senate Committee did not vote on the sports betting bill in time for the session deadline. The deadline passing kills sports betting in Kentucky for at least another year. FRANKFORT, Ky. – The regulated Kentucky sports betting market has seen a major setback as … Read more
Kentucky’s sports betting bill, HB 606, has already passed through the Kentucky House of Representatives by a convincing 58-30 vote. Despite passing relatively easily in the House, the bill has hit a roadblock in the socially-conservative Kentucky Senate, where views on the bill are split … Read more
Rep. Adam Koenig, the sponsor of previous sports betting bills in Kentucky, plans to introduce a brand-new sports betting bill during the spring legislative session. Sports betting is receiving support from major political figures in Kentucky, with all of Kentucky’s neighboring states having either passed … Read more
A new development in the case of Kentucky legalizing sports betting has just been brought to the attention of lawmakers in the state. Previously, it was thought that an amendment to the state’s constitution was needed in order to legalize the wagering on sports but … Read more