It took less than 24 hours for Kentucky sports betting to become law following legislative approval.
Gov. Andy Beshear signed KY sports betting legislation Friday morning, effective June 28, with the bill requiring the market to be live within six months. The signature comes following the Kentucky Senate passing HB 551 Thursday evening.
“For years I believed it was time for Kentucky to join so many other states and pass sports betting,” Beshear said during a press conference. “We talk about having a competitive business climate, but we did not have an important business that nearly every state surrounding us has. Our dollars were supporting Indiana, West Virginia, Ohio and other states.
“After years of urging action, sports betting will be legal in Kentucky. We made it happen. This industry will bring new jobs, tourism and growth.”