When you sign-up through links on our site, we may earn an affiliate commission. Learn more >

Kentucky's Budget Leaves Out Sports Betting

After bettors in Kentucky got their hopes up with the election of pro-betting Gov. Andy Beshear in November, legislation became derailed by early resistance from conservative state senators and representatives coupled with the recent COVID-19 pandemic.

With Kentucky in a reported budget crisis, sports betting could have provided a new source of revenue, but lawmakers could not get on the same page by the end of the legislative session.

The final budget passed the Kentucky Senate by a 34-0 unanimous vote and the House later moved the bill to the governor’s desk by the count of 80-10.

In a normal legislative session, state lawmakers would approve a two-year budget but with the tax revenue uncertainty caused by COVID-19, they decided on a one-year fiscal plan.

Why Gov. Beshear Wanted Sports Betting for Kentucky

Gov. Beshear, an early endorser of bringing sports betting and casino gaming expansion to the state, joined forces with Republican Rep. Adam Koenig after his inauguration to push House Bill 137.

Beshear told the media on several different occasions that Kentucky is losing betting dollars to neighboring states that have legalized wagering such as Indiana and West Virginia.

Other surrounding states such as Illinois just recently took their first bet, with Virginia, Tennessee, Missouri, and Ohio all discussing betting legislation.

“I am tired of trailing other states,” Beshear said in February at a press conference. “It’s time that we get into this game and we make sure that we are keeping these dollars at home.”

Gambling.com

The proposed HB 137 quickly came under pressure by conservatives who believed that the measure would cost them the support of evangelical voters.

In mid-February, disapproving representatives loaded the bill with 11 additional amendments that amounted to “poison pills” that ultimately killed the measure’s momentum.

Although sports are shut down around the world, leaving sports betting out of the budget keeps Kentucky on the sidelines when games begin again.

Lawmakers on both sides of the aisles acknowledged that the budget may already be undone by the unknowns involved with the COVID-19, a deficit that sports betting could have helped.

“If you really think about what we’re doing, we’re taking a total shot in the dark,” Senate President Republican Robert Stivers said on Wednesday. “Our current-year revenues of $11.6 billion are going to be lucky to hit $11.4 billion—that means it’s $200 million already that this budget is short.”

Yogonet.com

Voters in Kentucky Wanted Sports Betting

Even though concern from evangelicals ultimately ended the hopes of sports betting in 2020, polling by Republicans showed that voters approved of wagering and casinos coming to Kentucky.

Republican pollster Public Opinion Strategies found that Kentucky voters wanted sports betting by a wide margin with 66% approving and 27% rejecting betting expansion.

When voters were asked if they would approve of betting funding state pensions, the margin grew to 74%-24%.

31% of voters told the pollsters that having a sports betting measure on the ballot would increase their chances of voting as opposed to just 15% of respondents saying they would be less likely to vote.

The support of voters gives bettors in Kentucky hope that the measure could be passed sometime in 2021.

FAQ

Does Kentucky have casinos?
When is the Kentucky Derby in 2020?
Where is the Kentucky Derby held each year?

We've been featured on:
espn logo
reuters logo
cbs-news logo
forbes logo
entrepreneur logo
entrepreneur logo
We only list licensed sportsbooks
WorldSportsNetwork
WorldSportsNetwork
WorldSportsNetwork
WorldSportsNetwork

© Rebel Penguin ApS 2024 (a subsidiary of Gaming Innovation Group Inc.)

We support responsible gambling. 21+ Only. Gambling problem? Call 1-800-Gambler.

WSN.com is run by iGaming Cloud Inc (a Gaming Innovation Group Subsidiary) and is registered with the New Jersey Division of Gaming Enforcement (DGE) under affiliate vendor ID 89744, with the Indiana Gaming Commission (IGC) under certificate of registration number SWR-000148, approved by the Pennsylvania Gaming Control Board as a gaming service provider, under certificate registration number 117656-1, possesses a Vendor Minor sports betting license from the Colorado Limited Gaming Control Commission (account number 94414163), granted a vendor registration number VR007603-20-001 by the Michigan Gaming Control Board, an interim Sports Wagering Supplier license, under license number SWS 066, issued by the West Virginia Lottery Commission, a sports betting vendor registration, under registration number #100400, issued by the Director of Gaming Licensing and Investigations of the Virginia Lottery to operate in the State of Virginia, and a Vendor Registration issued by the Sports Wagering Committee of the Tennessee Education Lottery Corporation.

Advertising disclosure: WSN contains links to online retailers on its website. When people click on our affiliate links and make purchases, WSN earns a commission from our partners, including ESPN and various sportsbooks.