FRANKFORT, Ky. (FOX 56) — The legislative session is completed for the yr and one of many largest points tackled was sports activities betting, which is now signed into legislation. However, individuals hoping to position a wager, they’re going to have to attend just a bit bit longer.

Georgetown Sen. Damon Thayer isn’t any stranger to limitless questions on sports activities betting.

“it’s here. It’s real. And there’s a good chance that the brick-and-mortar component could be ready as early as this fall,” he instructed FOX 56.

The legislation is about to take impact this summer season concurrently many others, it’s commonplace for many nonemergency legal guidelines to take impact 90 days following the legislative session. From the time the legislation takes impact this summer season, Thayer mentioned the state horse racing fee can have 6 months lay out the logistics and laws to make it work, beginning with in-person bets earlier than bringing the net half on-line.

“The online component can’t occur without a partnership with the racetracks. So that’s how we keep that money here,” Thayer defined. The legislation permits Kentucky’s 9 tracks to associate with as much as 3 sportsbooks. Thayer mentioned it promotes a free market and can have the sportsbooks competing for enterprise. Joining Thayer on Larry Glover Live on WVLK, invoice sponsor Rep. Michael Meredith (R-Oakland) mentioned sports activities betting packages simply beginning in neighboring states are seeing large reputation.

“Talk about some tremendous numbers over a billion dollars bet in one month, the month of January in Ohio,” Meredith mentioned.

To meet the demand, Thayer mentioned the fee may have the foundations set a bit sooner than deliberate.

“They’re going to try to front-load this to be ready for college football season and the NFL. So there’s a chance if everything goes well, that people could be able to go to the red mile and beat the NFL in college football by this fall,” he mentioned.

Local tracks are additionally making their preps. Thayer mentioned he obtained a take a look at renovations occurring at Red Mile for a devoted sports activities bar there.