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 Christina Monroe | Feb 4, 2020 2:52 pm | Regulatory
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. The current bill has been...
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...