Kentucky sports betting bill passes first committee
![](https://igamingbusiness.com/img-srv/zTu4ZCCoGtf7--M3Ad8fh6NC63s3AfjU2OrA5vzGxns/resizing_type:auto/width:0/height:0/gravity:sm/enlarge:1/ext:webp/strip_metadata:1/quality:90/bG9jYWw6Ly8vaWdhbWluZ2J1c2luZXNzLmNvbS93cC1jb250ZW50L3VwbG9hZHMvMjAyMC8wOC9rZW50dWNreS1iYXNrZXRiYWxsLmpwZw.webp)
A bill to legalize sports betting in Kentucky is headed to floor of the House of Representatives after passing through the Licensing, Occupations, & Administrative Regulations Committee.
The bill – House Bill 137, which was introduced by Adam Koenig – would allow horse racing tracks and the Kentucky Speedway to accept bets on sports. Sports betting would be regulated by the Kentucky Horse Racing Commission and taxed at a rate of 10.25% when carried out in person.
Online betting would also be permitted, though players would need to register in person at a racetrack or the Speedway. Online betting revenue would be taxed at a rate of 14.25%.
Licence fees for sports betting would cost $500,000 initially, plus a $50,000 renewal fee.
Read more on iGB North America.