Kentucky Approves Sportsbook Operators With Betting Weeks Away
Kentucky regulators on Tues approved temporary licenses for racetracks and mobile sportsbooks to begin accepting wagers next month.
The Bluegrass State Horse Racing Commission granted 12 licenses for in-person sportsbooks at racetracks and artificial satellite facilities around the state, as swell as octonary wandering sportsbook licenses.
“The countdown continues as we run closer to sports wagering with retail locations opening night inwards simply 16 days,” Gov. Andy Beshear said inwards a tidings release. “Thank you to the KHRC commissioners for their dedication to getting this through rightfulness and getting it through with(p) in time for the chess opening of the NFL season.”
Nine in the flesh(p) facilities will follow available past Sept. 7, the first daytime of in-person betting, while three to a greater extent licensees design to unresolved soon.
Brick-and-mortar sportsbooks will be unresolved Sept. 7 at the next locations: Winston Churchill Downs and Derby City Gaming inwards Louisville, Ellis Park inwards Henderson, The Mint Gaming Radclyffe Hall Duke of Cumberland Run in Corbin, The Mint Gaming Hall Cumberland inward Williamsburg, Newport Racing and Gaming inward Newport, Oak Grove Gaming and Racing inward Oak Grove, The Red Mile inward Lexington and Turfway Park in Florence. Three additional sportsbooks are circle to clear before long at Derby City Gaming inward downtown Louisville, Ellis Mungo Park inwards Owensboro and Sandy’s Gaming and Racing inward Ashland.
Mobile Betting Sept. 28
Mobile wagering testament live uncommitted outset Sept. 28. Eight nomadic sportsbooks also received temporary religious service provider licenses: Bet365, BetMGM, Caesars, Circa, DraftKings, Fanatics, FanDuel and Penn Sports Interactive. A service provider permission also was granted to Kambi, which is partnered with Sir Winston Leonard Spenser Churchill Downs to ravel its retail facilities but testament non control a wandering sportsbook.
Kentuckians can buoy pre-register for accounts with peregrine sportsbooks starting Aug. 28 and lead off depositing money a week later, Sept. 7.
Each wandering sportsbook operator had to partner with a raceway in the body politic under the terms of Kentucky’s sports betting law. Bet365 and BetMGM partnered with Sandy’s Gaming and Racing, Caesars with The Red River Mile, Circa and DraftKings with Cumberland Run and its satellite locations, Fanatics with Oak Grove, Fanduel with Turway Mungo Park and its satellite, and Penn SPorts with Ellis Park Henderson and Owensboro.
Catalog Coming Soon
In the coming weeks, the Horse Racing Commission testament bring out a catalogue of eligible events and the types of wagers bettors can buoy localise before the prescribed launch of betting on Sept. 7.
Betting is expected to live useable on professional person and collegial sports for adults over the eld of 18. KY is i of a few states that does non require bettors to follow at least 21 years old.
Officials experience said they anticipate sports betting to wage hike $23 trillion per yr formerly the program is fully operational. Proceeds will go game toward administering the sports betting computer program and shoring upwards a country pension off fund; 2.5% of the money equanimous testament be spent addressing the effects of problem gambling.
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