Kentucky lawmakers send wagering bill to governor
Kentucky lawmakers passed HB 904 and sent it to Governor Andy Beshear, according to the report. The bill would raise the minimum age for sports betting to 21, establish an 18-year minimum for fantasy contests and expand regulatory authority over wagering and related activities. It also proposes new tax rates for fixed-odds horse-racing bets: 9.75% at licensed tracks and 14.25% online.
Operators could face new age limits, licensing duties, tax rates and compliance requirements if the bill becomes law.