Kentucky Approves Sportsbook Operators with Betting Weeks Away
Kentucky regulators on Tues approved temporary licenses for racetracks and peregrine sportsbooks to lead off accepting wagers next month.
The KY Horse Racing Commission granted 12 licenses for in-person sportsbooks at racetracks and planet facilities around the land and eight nomadic sportsbook licenses.
The countdown continues as we displace closer to sports wagering with retail locations curtain raising in just now 16 days,” Gov. Andy Beshear said inwards a tidings release. “Thank you to the KHRC commissioners for their dedication to getting this done rightfulness and getting it through in clip for the curtain raising of the NFL season.”
Nine in the flesh(p) facilities testament be useable by September 7, the 1st twenty-four hour period of in the flesh(p) betting, patch triad to a greater extent licensees contrive to opened soon.
Brick-and-mortar sportsbooks will live surface Sept 7 at the next locations: Winston Churchill Downs and Derby City Gaming inwards Louisville, Ellis Mungo Park in Henderson, The Mint Gaming Granville Stanley Hall William Augustus Run inwards Corbin, The Mint Gaming Granville Stanley Hall Butcher Cumberland inward Williamsburg, Newport Racing and Gaming inward Newport, Oak Grove Gaming and Racing inwards Oak Grove, The Red Mile in Lexington and Concord and Turfway Mungo Park inward Florence.
Three additional sportsbooks will presently undecided at Derby City Gaming inward downtown Louisville, Ellis Mungo Park inward Owensboro, and Sandy’s Gaming and Racing inward Ashland.
Mobile Betting Begins Sept 28
Mobile wagering will live useable get-go on Sep 28. Eight mobile sportsbooks also received temporary divine service provider licenses: Bet365, BetMGM, Caesars, Circa, DraftKings, Fanatics, FanDuel, and William Penn Sports Interactive. group A religious service provider certify also was granted to Kambi, which is partnered with John Churchill Downs to feed its retail facilities, but which won’t control a mobile sportsbook.
Kentuckians canful preregister for accounts with mobile sportsbooks starting on August 28 and commence depositing money a calendar week later, on Sep 7.
Each roving sportsbook manipulator had to partner with a racetrack in the nation under the terms of Kentucky’s sports betting law. Bet365 and BetMGM partnered with Sandy’s Gaming and Racing, Caesars with The Red Mile, Circa and DraftKings with Butcher Cumberland Run and its orbiter locations, Fanatics with Oak Grove, Fanduel with Turway 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 tin set before the functionary set in motion of betting on September 7.
Betting is expected to live available for professional person and collegial sports for adults o'er the age of 18. Kentucky is single of a few states that doesn’t require bettors to be at least 21 years old.
Officials say they await sports betting to call down $23 1000000 annually in one case the program is full operational. Proceeds will tour toward administering the sports betting program and shoring up up a tell pension fund; 2.5% of the money collected testament be spent addressing the personal effects of problem gambling.
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