A sports activities betting product from Las Vegas-based MGM will quickly hit its twenty seventh market.
BetMGM and Revolutionary Racing Kentucky introduced a brand new market entry settlement permitting BetMGM to deliver its on-line and retail sports activities betting platform to Kentucky as soon as legalized sports activities betting launches.
The corporations additionally will open a retail BetMGM Sportsbook at Sandy’s Racing & Gaming.
“Kentucky has a rich history in sports and a passionate fan base,” stated BetMGM CEO Adam Greenblatt. “Revolutionary Racing is an ideal partner, enabling us to deliver an entertaining and responsible gaming experience while investing in the state through job creation and tax revenue.”
BetMGM will provide on-line sports activities betting as quickly as Kentucky’s regulated market commences and pending licensure and regulatory approval.
Additionally, plans are underway to open a 5,200 square-foot retail BetMGM Sportsbook this fall with RRKY at Sandy’s Racing & Gaming, a $75 million gaming and leisure facility in Ashland.
Construction of Kentucky’s first quarter horse racetrack and equestrian heart will observe on 182 acres adjoining to Sandy’s, with the primary races launching in 2025.
“We promised to bring a world-class facility to Ashland and wanted a world-class partner for online sports wagering across the Commonwealth and at our sportsbook lounge,” stated Revolutionary Racing CEO Prentice Salter. “We’ve got that with BetMGM.”
In July, Kentucky Gov. Andy Beshear joined the state Horse Racing Commission and lawmakers to announce that Kentuckians could make their first-ever sports activities bets beginning within the fall.
The announcement adopted the Kentucky Horse Racing Commission assembly, the place members unanimously permitted emergency administrative sports activities betting rules.
Retail areas are set to open on Sept. 7, 2023, simply in time for the NFL kick-off, tailgating and the school soccer season, adopted by cellular purposes on Sept. 28.
There have additionally been efforts to legalize on-line poker within the Bluegrass state, however laws has fallen quick over the previous a number of years.
