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Casinos and Bets Enter the Kentucky Election Campaign

The Kentucky governor candidate for the Democratic Party Andy Beshear, promised to expand the presence of casinos in the state and increase gambling, including sports betting, online poker and fantasy sports, as part of his government plan.

His opponent Republican Matt Bevin, current governor of the state, on the contrary is a strong opponent of gambling and betting as a way to increase tax revenues and public pension programs.

The Beshear project, who is currently the State Attorney General, is very similar to the one presented in Illinois earlier this year by officials from that state. The initiative seeks to expand the number of casino licenses and legalize sports betting in the state through a new law.

Revenue from casinos and gambling taxes would be used to improve state infrastructure and finance social programs. Although Kentucky already has casinos, it is one of the few states in the United States that does not yet have a commercial or tribal casino.

Other states adjacent to Kentucky, such as Indiana, Illinois and Ohio, have already allowed the installation of casinos, which are located on the other side of the Ohio River, very close to the main urban centers of Kentucky. Beshear argues that his state is losing $ 500 million every year in tax revenues that go to neighboring states.

Source: https://europeangaming.eu/portal/latest-news/2019/09/18/54532/kentucky-ag-andy-beshear-reveals-plan-for-casinos-sports-betting-across-state/

About the author

Santiago Contreras

Santiago Contreras

I am a professional journalist dedicated to tracking news related to the stock market, business, finance, blockchain and economics. It is a hobby that I share with sports in general, with special attention to tennis, basketball and soccer. I like to offer our readers relevant, entertaining and useful content to help them inform themselves and make decisions every day. Thanks for reading me!

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