Sports betting in Kentucky could be close to getting off the ground as the Kentucky Horse Racing Commission plans a special July meeting to review and approve rules and regulations.
Although Kentucky's sports betting law takes effect July 1, the KHRC has until the end of 2023 to put regulations into place. A July approval of rules would allow the state to take advantage of the start of football season, wdbr.com reports.
KHRC Chairman Jonathan Rabinowitz told the KHRC board in a June 20 commission meeting that initial drafts of the proposed regulations would soon be published at the KHRC website and that there would be special meeting to review and vote on them early next month.
The sports betting, which was legalized in Kentucky in March, gives the KHRC oversight as Kentucky's nine racetracks, who will partner with various vendors, hold the sports betting licenses.
Rabinowitz told commissioners that KHRC representatives have met with regulators from several states, as well as with Major League Baseball, in crafting Kentucky's sports betting rules.
He also said the KHRC has contracted with Lakewood, New Jersey-based Gaming Labs International to provide consulting services and training.
To read the full story at wdbr.com, click here.
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