In an exclusive, Rep. Michael Meredith says he might need to drop online poker from his bill in order to win enough support for sports betting in the conservative state.
Three lawmakers have submitted HB 106 for consideration during the 2023 session, but time to act on the proposed bill is shorter than last year.
Ruby red Kentucky seems like an odd place for online poker, but efforts to legalize it and sports betting have come progressively closer over the last three years. Third in a series.
Recent developments suggest Connecticut, Illinois, Indiana, Iowa, Kentucky, & West Virginia could soon join the five states where online poker is currently legal.
Republicans also allowed a separate bill that would have created a $50 million problem gambling fund to die in a Senate committee.
Supporters of expanded gaming in Kentucky caught a big break when legislation was read twice before a 10-day recess. But there are only two days left for this year’s legislative session and some conservatives remain opposed.
In separate legislation, the House reduced the amount earmarked for the state’s problem gambling fund to $50 million, down from $225 million. But lawmakers are running out of time to pass both bills.
The fine stands to be the largest ever for a gambling company.
Though the market experienced its toughest year in 2019, prospects for the new year are bright.
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