The Bluegrass State is on the verge of embracing legal sports wagering! The state’s lawmakers have just approved a measure that will enable residents to place bets on athletic events. This legislation, known as House Bill 551, has cleared the Senate and is now headed to the desk of Governor Andy Beshear. Governor Beshear, a member of the Democratic Party, has already indicated his intention to sign the bill into law, suggesting that Kentucky will soon have legalized sports betting.
The bill’s passage with a substantial majority vote demonstrates the legislature’s eagerness to introduce sports betting to the state. The governor is enthusiastic about the new revenue stream this will generate, stating that it will contribute to funding infrastructure projects, educational institutions, and local communities.