KY Sports Betting Assembly Passed, Sent to Senate Committee
A sports activities betting invoice hooked up to Kentucky racetracks and the Kentucky Horseracing Fee is headed to the Senate Licensing and Professions Standing Committee on March 15, after passing 63-34 within the Kentucky Home of Representatives on March 13.
If he clears the committee, Home Invoice 551 will seemingly face a battle within the State Senate. A sports activities betting invoice did not be put to a vote in parliament final yr amid conflicting opinions from senators, and there was no vote to ratify.
Legislative guidelines in odd-numbered years in Kentucky make the probabilities of passing troublesome, and a bigger majority is required to cross payments involving taxation. It takes 23 votes as an alternative of 20 in an even-numbered yr to cross the Senate this yr.
HB 551 would legalize playing at stay skilled and newbie sporting occasions, as neighboring states corresponding to Indiana and Ohio did. The invoice would require on-line recreation suppliers to affiliate with a Kentucky racetrack by means of the KHRC regulation. Bets might be positioned at a licensed facility or on-line by way of an internet site or cellular app.
Whereas he has the help of majority base chief Damon Thayer (Republican, Georgetown), some socially conservative Republican senators will not be behind it. Conservative foyer group The Household Basis opposes its transition.
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If a sports activities betting invoice is submitted, Democratic Governor Andy Beshear is anticipated to signal it.
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