House Bill 551 (“an ACT relating wagering and making an appropriation thereof”), which aims at legalizing sports betting in Kentucky, has been passed by committee and will be voted upon in the House.
The bipartisan bill was presented to the House by Representative Michael Meredith (R), with the support and 15 cosponsors.
After being approved, it passed the House Committee on Licensing, Occupations and Administrative Regulations.
Today, March 13, is the date for the House to vote on the bill. Before it can be moved to the Senate, it must pass the House.
This legislation would allow Kentucky racetracks to form partnerships with operators in order to offer online and retail sports betting. The Kentucky Horse Racing Commission would enforce regulatory measures.
This bill is the result of the long-awaited push to allow sports betting in the state which hosts the most popular US racing event.