KY Governor Beshear Signs HB551 into Law
April 7, 2023
As background, the bill would legalize retail and online sports betting for racetracks.
Under the bill, up to nine racetracks could partner with up to three mobile sports wagering providers for a maximum of 27 Kentucky sports betting apps. Wagers placed at tracks would have an excise tax of 9.75% and online wagers a rate of 14.25%.