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As 149th Derby nears, Kentucky prepares for sports betting

Summary by Ground News
A recently signed bill by Kentucky Gov. Andy Beshear will allow Kentucky’s horse racing tracks to be licensed as sports betting facilities. Proponents and the industry hope it will bring a new demographic of bettors to its track. The bill is estimated to generate about $23 million annually in tax revenue and licensing fees.

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abc News broke the news in United States on Monday, May 1, 2023.
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