Study: Climate May Be Right for Sports Betting in Kentucky
According to a study by the law firm Dinsmore & Shohl, LLP, it may well be. At Wednesday’s meeting of the Kentucky sports betting working group, lawmakers will hear that the firm’s study concludes that Kentucky is “a state that is in need of supplementary funding for the budget and the pension fund – could be friendlier to a casino or sports wagering bill, especially in light of the general public approval of sports wagering.”
That’s likely just what lawmakers want to hear. Beginning earlier this summer, a nine-member working group has been meeting with the idea of coming to a consensus on sports betting ahead of the next legislative session. Former Kentucky governor Julian Carroll, now a state senator, has been spearheading the effort and pre-filed a bill in June he hopes will be the foundation for future legislation.
Kentucky’s Politics Have Changed — and the State Has a Deficit — Potentially Making It More Receptive to Legal Sports Betting.