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Governor Beshear to Approve Kentucky Sports Betting Friday as Bill Clears Senate

  • Senate approval of HB 551 came late on the last day of the state’s 2023 General Assembly
  • Kentucky will become the 38th US state to legalize sports betting
  • Online poker and daily fantasy sports betting did not pass the Senate
Kentucky Bourbon Trail barrel sign
After years of back and forth between the House and Senate, the latter has finally passed HB 551, which Gov. Beshear will sign into law Friday and finally bring legal sports betting to Kentucky. [Image: Shutterstock.com]

Legal sports betting is 99.9% in the bag for Kentucky after HB 551 finally won the Senate’s approval at the proverbial eleventh hour on the last day of the state’s 2023 General Assembly.

All that separates Kentucky from a legal retail and online sports betting market is the signature of Democratic Governor Andy Beshear. Gov. Beshear’s relief at the bill’s 25-12 passage on Thursday was evident, stating: “We finally did it!”

Beshear will approve HB 551 on Friday morning

According to WLKY News, Beshear will approve HB 551 on Friday morning and, with that flourish of a pen, make Kentucky the 38th state to legalize sports betting in the US.

Under the bill, proposed regulator the Kentucky Horse Racing Commission (KHRC) would license the state’s horse racing tracks as both retail and online sports betting facilities. The participating tracks are permitted three service providers, typically commercial sportsbooks such as FanDuel and DraftKings.

Online poker and daily fantasy sports betting, however, seemed Kentucky’s sacrificial lambs. According to WLKY, the bill’s sponsors removed these two verticals from HB 551 to make the bill “more palatable.”

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