Kentucky’s instant racing industry generated $2.05 billion in handle during FY 2018. Instant racing machines, a.k.a historical horse racing machines, use the pari-mutuel wagering model. The legality of instant racing is being challenged at the Kentucky Supreme Court. LOUISVILLE, Ky. – Though heavily criticized by … Read more
The Louisville Thoroughbred Society has partnered with Churchill Downs to offer horse racing betting in downtown Louisville. The venue could also host Kentucky sports betting upon legalization. The private club is expected to open its doors sometime in early 2020. LOUISVILLE, Ky. – While traditional … Read more
KY HB 175 delayed until 2020 Technically not dead, but stands no chance in the current legislative session Kentucky will probably not see sportsbooks open in 2019 FRANKFORT, Ky. – Sports betting in Kentucky has been delayed and the lawmakers are not likely to vote … Read more
FRANKFORT, Ky. – Sports betting legalization is making waves across the country and Kentucky is trying to ride one straight to the Senate. Lawmakers have been meeting for a legislative session with sports betting as one of the proposed bills on the table. Time is … Read more
Kentucky is $39 billion short for paying pensions over the next 30 years. The state could generate $48 million a year from legalizing sports betting. The bill to permit sports betting was approved in Committee this month. Kentucky legislators unanimously approved House Bill 175 in the … Read more
FRANKFORT, Ky. – The Kentucky House Licensing, Occupations, and Administrative Regulations Committee passed KY HB 175 on Wednesday, bringing the state one step closer to legalizing gambling on sports. The Committee approved the bill on a 14-0 vote with only one member of the committee … Read more
FRANKFORT, KY – The Commonwealth Economics group has released an analysis saying that Kentucky could earn $20 million in taxes annually thanks to sports betting. Lawmakers introduced KY HB 175 and it aims to legalize and regulate sports betting through the Kentucky Horse Racing Commission. As … Read more