Governor Andy Beshear joined the Kentucky Horse Racing Commission and lawmakers on Monday to announce that Kentuckians can make their first-ever sports bets in Kentucky in less than 60 days.
The announcement followed the Kentucky Horse Racing Commission meeting, where members unanimously approved emergency administrative regulations that will govern sports wagering.
The Governor then signed the regulations at the Red Mile, a gaming and racing venue that is eligible to apply to be a sports betting location.
To see the other facilities eligible to apply, click here.
Retail locations are set to open Thursday, September 7, just in time for the NFL kick-off, tailgating and the college football season, followed by mobile applications on Thursday, September 28.
Beshear signed bipartisan legislation, House Bill 551, on March 31 legalizing sports wagering in Kentucky. Since then, the commission has met with representatives in states that have recently launched sports wagering, as well as industry experts, to learn from best practices and shared experiences.
Public Protection Cabinet Secretary Ray Perry said Kentuckians can be sure that their bets are safe, their money is protected and there is effective oversight and enforcement if the law is not followed.
Starting Tuesday, July 11, each of Kentucky’s licensed horseracing facilities can apply for a retail sportsbook at their main location or at a licensed satellite location.
The state anticipates each facility will open a retail location, and many will be ready to launch on September 7.
Each licensed facility will also be permitted to partner with up to three marketing platforms for mobile wagering, to be launched September 28.
Monday’s regulations were signed as emergency regulations which allows them to take effect immediately after being filed with the Legislative Research Commission.
An ordinary regulation was filed at the same time, which includes a period of public comment and legislative review.
Source: WBKO
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