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Gambling in the USA

Kentucky introduces bill for legalising online poker and sports betting

Published

6 years ago

on


Kentucky introduces bill for legalising online poker and sports betting
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Kentucky’s Republican Rep. Adam Koenig, along with 14 other sponsors, has introduced HB 175. The bill proposes to legalise both sports betting and online poker in the state.

According to the bill, the lottery commission of the state would act as the regulatory body for the industry. Citizens above 18 will be eligible to play poker, and the revenue from poker would be charged at 6.75 per cent.

Sports betting revenues will have a tax rate of 10.25 per cent for in-person sports wagers and 14.25 per cent for online betting. Operators would need to apply for a sports betting license, which would cost $1 million.

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Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

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