‘People hope to bet on the winner. And I think the prevailing view is that Andy Beshear is the likely winner.’
With an eye toward public approval from voters in a state election year, the Governor bet that the University of Kentucky and University of Louisville football teams will win more games this season than oddsmakers predict.
Legislators have become worried about state and local governments losing revenue to other states that are opening non-tribal casinos.
The final bill passed both chambers of the Republican-controlled legislature with bipartisan support.
Legal sports gambling is only available right now at three casinos operated by two American Indian tribes.
It’s estimated to generate about $23 million a year in tax revenue and licensing fees.
2023 may be remembered for new leaders and a struggle over who defines priorities.
Some Georgia lawmakers typically attempt to expand gambling every year, but none of the efforts have succeeded since voters approved a state lottery in 1992.
The bill’s Senate prospects are uncertain, due to a higher procedural hurdle to overcome.
The measure cleared the House on a 63-34 vote.