House Bill 137 would make sports betting legal in Kentucky. A recent poll has shown the majority of residents in the Bluegrass State are in favor of legalization. FRANKFORT, Ky. – Kentucky House Bill 137 which would make sports betting legal in the state has … Read more
A 2-year, $23.4 million budget has been passed in the Kentucky House of Representatives that does not include sports betting within their sources of revenue. Governor Andy Beshear has spoken out about being in favor of legal sports betting in Kentucky which could bring in … Read more
A sports betting bill seeking legalization in Kentucky has stalled out in the House. If sporting events were legal to wager on, it’s estimated that the Bluegrass State would see almost $22.5 million in revenue annually from the market. Retail tax rates are set at … Read more
Wagering on sports in the state of Kentucky is not illegal under the Constitution. A co-sponsor of a bill to legalize the hobby has stated that gambling on sports is a game of skill rather than chance and skill is allowed while chance is not. … Read more
Roughly $22.5 million is projected to be contributed to the state from legal Kentucky sports betting. Comparing the betting market to Mississippi, this could be a vast overestimation. Some believe that the state would only take in around $3 million from football and basketball betting. … Read more
KY HB 137 was filed in the legislature in December of 2019. The bill was amended to allow wagering on collegiate sports teams based in Kentucky. Kentucky Governor Andy Beshear fully supports the bill, as noted in his State of the Commonwealth address earlier this … Read more
The Kentucky legislature will remain in session through mid-April, giving lawmakers enough time to come to a decision on the sports betting bills currently being presented. Governor Andy Beshear is in favor of gambling in all of its forms (casino-style, sports betting, and poker), including … Read more