Kentucky Lawmakers Begin Education on Sports Betting

Kentucky lawmakers on Thursday got a primer on sports betting when staff members presented a detailed look at sports betting to the Interim Joint Committee on Appropriations and Revenue.

The presentation likely created more questions than answers, but it was a significant step for the Kentucky lawmakers who are pushing for legal sports betting. Kentucky’s state legislature is not currently in session, but interim joint committees keep the legislative process moving through the summer months. By opening the sports betting discussion on a formal level, the interim committee can help the standing committees it supports in both chambers to hit the ground running when the new legislative session begins in January. Senate Appropriations and Revenue chairman Christian McDaniel (R-District 23) requested the presentation to give committee members and overview of the sports betting issue.

The presentation lasted about a half hour and included:

  • An explanation of what the Professional and Amateur Sports Protection Act was;
  • A primer on the and the Supreme Court case Murphy vs. NCAA;
  • The possibility of a federal framework;
  • A brief look at how Nevada manages sports betting, it’s tax structure and revenue;
  • A look at the “integrity fee” or royalty that the professional sports leagues have been lobbying for;
  • Whether or not the Kentucky constitution allows for sports betting and possible ways to make sports betting legal (i.e. is a constitutional amendment required?); and
  • Who would oversee sports betting in the Bluegrass State.

KY Sports Betting Working Group Has Been Laying the Groundwork for Legal KY Sports Betting.

A nine-member “working group” of Kentucky legislators has been meeting through the summer to build a consensus on sports betting. The group has met twice and has reached two key decisions: Kentucky should tax net revenue, not handle, and the group does not endorse the integrity fee that the professional leagues have been lobbying for.

It’s unlikely that the bill that the working group files will include the fee. No state that has legalized sports betting since PASPA was struck down includes a royalty, and the only state that seems to be seriously discussing such a fee is New York.

See what State Senator Julian Carroll thinks about the bill by visiting SportsHandle using the link below:

https://sportshandle.com/kentucky-lawmakers-begin-education-on-sports-betting/

 

Upcoming Games

Nov 1st, 1:00 PM

Pittsburgh +4 -110

Baltimore -4 -110

@

Nov 1st, 1:00 PM

Minnesota +6 -110

Green Bay -6 -110

@

Nov 1st, 1:00 PM

NY Jets +19.5 -110

Kansas City -19.5 -110

@

Nov 1st, 1:00 PM

Indianapolis -2.5 +100

Detroit +2.5 +100

@

Nov 1st, 1:00 PM

Tennessee -6 -115

Cincinnati +6 -115

@

Nov 1st, 1:00 PM

Las Vegas +2.5 -110

Cleveland -2.5 -110

@

Nov 1st, 1:00 PM

New England +4 -110

Buffalo -4 -110

@

Nov 1st, 1:00 PM

LA Rams -3.5 -110

Miami +3.5 -110

@

Nov 1st, 4:05 PM

LA Chargers -3 +100

Denver +3 +100

@

Nov 1st, 4:25 PM

San Francisco +3 +100

Seattle -3 +100

@

Nov 1st, 4:25 PM

New Orleans -4.5 -110

Chicago +4.5 -110

@

Nov 1st, 8:20 PM

Dallas +9.5 -110

Philadelphia -9.5 -110

@

Nov 2nd, 8:15 PM

Tampa Bay -12.5 -110

NY Giants +12.5 -110

@

Nov 5th, 8:20 PM

Green Bay 0 -110

San Francisco 0 -110

@

Nov 8th, 1:00 PM

Carolina +10 -123

Kansas City -10 -123

@

Nov 8th, 1:00 PM

Detroit +2 -110

Minnesota -2 -110

@

Nov 8th, 1:00 PM

Chicago +6.5 -105

Tennessee -6.5 -105

@

Nov 8th, 1:00 PM

Seattle -1.5 +100

Buffalo +1.5 +100

@

Nov 8th, 1:00 PM

Denver +3 -120

Atlanta -3 -120

@

Nov 8th, 1:00 PM

Baltimore -4 -110

Indianapolis +4 -110

@

Nov 8th, 1:00 PM

Houston -4 -110

Jacksonville +4 -110

@

Nov 8th, 1:00 PM

NY Giants +3.5 -110

Washington -3.5 -110

@

Nov 8th, 4:05 PM

Las Vegas +2.5 -120

LA Chargers -2.5 -120

@

Nov 8th, 4:25 PM

Miami +5 -110

Arizona -5 -110

@

Nov 8th, 4:25 PM

Pittsburgh -9.5 -111

Dallas +9.5 -111

@

Nov 8th, 8:20 PM

New Orleans +4 -110

Tampa Bay -4 -110

@