regulations sports technology betting gambling

Kentucky was the 37th state to legalize sports betting, allowing it to draw on the experience of others.įor starters, wagering on most sporting events will be allowed in Kentucky, albeit for those aged 18 and older.

This is partly due to Kentucky regulators spending months consulting with other state watchdogs and the gaming industry on their regulations. Other rules are more or less in line with what other states with retail and online sports betting sites have done, give or take a few years of gaming eligibility and a much greater role for the horse-racing industry. Licensees must also develop and maintain a responsible-gambling program that requires regulatory approval. Much of what was approved is technical, such as the requirement for a floor plan for a proposed brick-and-mortar sportsbook, including the locations of wagering kiosks. The rules approved on Monday were then posted online by the Kentucky Horse Racing Commission on Tuesday. “This is a historic day for our commonwealth - sports wagering will open for the first time in Kentucky in less than 60 days,” Beshear said in a press release. Under the current timeline, retail sports betting at horse-racing tracks and their satellite locations will start on September 7, while mobile wagering should begin on September 28. Andy Beshear, setting the stage for a launch of legal wagering in the state in September. The legal sports betting experience in Kentucky looks like it will be similar to what’s on offer in other states with event wagering.Ī swath of Kentucky sports betting regulations was approved on Monday by the state racing commission and Gov.

Regulations sports technology betting gambling