Kentucky and North Carolina Take Opposite Stances on Sports Betting
TL;DR Summary
Kentucky has become the 37th state to legalize sports wagering after the Senate passed House Bill 551, which Governor Andy Beshear has pledged to sign. The bill allows betting on games at the state's nine horse tracks and casino-style historical horse racing venues, but not at other physical locations. The bill mandates that even online- and app-based wagering platforms like FanDuel and Draft Kings have agreements with a horse track to get a license. The measure is expected to generate about $22 million annually in tax revenue for the state.
- Kentucky legalizes sports wagering, clearing final hurdle in Senate WDRB
- Sports betting sent to governor's desk after getting last-minute vote in Kentucky WLKY Louisville
- Sports betting bill wins final OK from Kentucky lawmakers The Washington Post
- Sports betting: NC is leaving money on the table. Let’s turn that into revenue. | Opinion Charlotte Observer
- Legalizing sports betting is a bad bet for North Carolina | Opinion Charlotte Observer
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