The legislation formally took effect on June 28, 2023, necessitating the first Kentucky sportsbooks for being authorised within just six months. On the other hand, Beshear pushed for a more aggressive timeline, exhibiting the point out's eagerness to embrace the betting business, Specially looking at the NFL betting year.
The legislation legalizing on the internet and retail sporting activities betting took influence in August 2022. Nonetheless, Maine legislation mandates that new expenditures need to hold out ninety days just before turning into efficient, contributing into the delay in launching sportsbooks.
Maine has taken considerable steps in direction of legalizing sports betting And at last observed the launch of sporting activities betting applications in November 2023, when the Pine Tree condition joined the ranks of states with regulated wagering. Gov.
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Beneath HB 551, all nine horse racing tracks in Kentucky can create retail sports activities betting lounges on their premises. Additionally, Kentucky Speedway is licensed to open a retail sportsbook.
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