On Thursday, Kentucky legislators gathered at the Red Mile Racetrack in Lexington to mark the launch of sports betting in the state. The event was attended by Governor Andy Beshear, Senate Majority Leader Damon Thayer, and House Speaker David Osborne, among other lawmakers.
The launch of sports betting in Kentucky marks a major milestone for the state, as it is the first state in the region to legalize and regulate sports betting. The new law allows for both online and in-person sports betting, with the Red Mile Racetrack being the first location to offer in-person wagering.
The new law also allows for mobile sports betting apps, which will be available in the near future. This will make it easier for residents to place bets on their favorite teams and events without having to visit a physical location.
At the launch event, Governor Beshear said that the new law was an important step forward for the state. He noted that it would bring in additional revenue for the state and create jobs in the process. He also said that it would give people more options when it comes to entertainment and recreation.
Senate Majority Leader Thayer echoed these sentiments, saying that the new law would create a “win-win” situation for both the state and its residents. He noted that it would bring in additional tax revenue, create jobs, and provide more entertainment options for people in the state.
House Speaker Osborne also spoke at the event, saying that he was proud of the legislature for taking this step forward. He noted that it would help to modernize the state’s gaming industry and bring in much-needed revenue.
Overall, Thursday’s launch of sports betting at the Red Mile Racetrack marks an important milestone for Kentucky. It will bring in additional revenue for the state, create jobs, and give people more options when it comes to entertainment and recreation. It is an exciting time for Kentucky and its residents, and it will be interesting to see how sports betting develops in the state in the coming months and years.