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\nSports betting will officially launch online in Kentucky on September 7, and the seven licensed racetracks have already sent in applications to open retail facilities.<\/p>\n
\nSports betting will officially launch online in Kentucky on September 7, and the seven licensed racetracks have already sent in applications to open retail facilities.<\/p>\n
The Republican-dominated legislature gave the state\u2019s horse racing companies, led by the Kentucky Horse Racing Commission, exclusive rights to operate in-person sportsbooks at their tracks and their casino-like historical gaming facilities, such as Derby City Gaming in Louisville. Online and app-based platforms like FanDuel and BetMGM can also operate in the state if they reach a revenue-sharing deal with one of the horse tracks.<\/p>\n
The state said in a news release Thursday that the following racetracks have applied to open sports wagering facilities when in-person betting begins September 28:<\/p>\n
Churchill Downs, Louisville
\nCumberland Run, Corbin
\nEllis Park, Henderson
\nOak Grove Gaming and Racing, Oak Grove
\nThe Red Mile, Lexington
\nSandy\u2019s Gaming and Racing, Ashland
\nTurfway Park, Florence<\/p>\n
Additionally, seven mobile service providers have applied:<\/p>\n
Bet365
\nBetMGM
\nCaesars
\nCirca
\nDraftKings
\nFanDuel
\nPenn Sports Interactive<\/p>\n
Kentucky Horse Racing Commission will review the applications and vote on them August 22. Kentucky is estimated to reap around $23 million in yearly tax revenue from sports betting.
\nSource: WDRB<\/p>\n","protected":false},"excerpt":{"rendered":"
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