by Christina Monroe | Feb 6, 2020 10:51 am | Regulatory
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...
by Hasan Nabulsi | Jan 15, 2020 4:37 pm | Regulatory
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...
by Christina Monroe | Dec 20, 2019 3:29 pm | Regulatory
Kentucky will be trying to legalize sports betting in 2020 with a new bill request. Governor Andy Beshear is pro legalized gambling while their former Governor, Matt Bevin, was not. Representative Adam Koenig will present his bill to the House Committee once they are...
by Christina Monroe | Dec 17, 2019 11:27 am | Regulatory
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...
by Daniel Borjas | Nov 26, 2019 3:37 pm | Regulatory
Kentucky Representative Adam Koenig wants to legalize sports betting in the state. The year 2020 is a budget year for Kentucky. The new Governor of Kentucky has spoken out in favor of gambling. FRANKFORT, Ky. – Kentucky lawmakers think that 2020 is the best shot to...