Lawmakers in Kentucky introduced legislation this week to authorise online sports betting.
The bill would allow the state’s racetracks to offer in-person and online sports betting, subject to licensure, with the proceeds from sports betting to benefit the Kentucky Permanent Pension Fund.
The Kentucky Racing Commission would oversee the activity and tracks would be allowed to partner with a sports wagering service provider to offer sports betting online, although sports betting accounts can only be funded in [...]
