HB 551, introduced by Rep. Michael Meredith, was approved by a House committee last week before passing through the House of Representatives by a vote of 63 to 34.
Kentucky Sports Betting Bill Approved by House of RepresentativesHowever, opponents of the bill feel that it targets families and fails to create a meaningful contribution to the economy.
Kentucky Sports Betting Bill Approved by House of Representatives Kentucky Sports Betting Bill Approved by House of RepresentativesPrior to the vote, Rep. Josh Calloway attempted to add two amendments to the bill. These would have prevented the use of credit cards and raised the age limit to 21. Both amendments failed to garner enough support.
The bill will see the Kentucky Horse Racing Commission regulate sports betting in Kentucky, with only licensed tracks allowed to apply for a sports wagering license through the commission. There are also restrictions on those involved in any sporting event from placing wagers on any sport.
Although the bill now moves to the Senate, it still faces an uphill struggle to reach the desk of Governor Beshear. Last year, a similar bill passed through the House but failed to be read in the Senate.
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