BetMGM Enters Kentucky, Partners with Revolutionary Racing Kentucky
BetMGM Announces Partnership with Revolutionary Racing Kentucky, Finalizing BetMGM Sportsbook’s Entry into Kentucky Market
BetMGM has successfully completed a partnership agreement with Revolutionary Racing Kentucky (RRKY), marking its debut in the Kentucky sports betting market. This fresh agreement paves the way for BetMGM to unveil its mobile and retail sportsbook platforms in the Commonwealth of Kentucky, a move eagerly anticipated by sports enthusiasts in the state.
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The initiation of the regulated Kentucky sports betting market is slated for early September, contingent on the acquisition of required licensing. BetMGM Kentucky joins the ranks of FanDuel and Caesars, becoming the third sportsbook to enter the KY market.
Revolutionary Racing's CEO, Prentice Salter, did not hold back his excitement about the alliance. In his words, “We promised to bring a world-class facility to Ashland and wanted a world-class partner for online sports wagering across the Commonwealth and at our sportsbook lounge. We’ve got that with BetMGM.”
MORE: How to Bet on Sports in Kentucky
Adam Greenblatt, CEO of BetMGM, also expressed his view on the partnership, emphasizing their commitment to both entertainment and responsible gaming. “Kentucky has a rich history in sports and a passionate fan base,” Greenblatt stated. “Revolutionary Racing is an ideal partner, enabling us to deliver an entertaining and responsible gaming experience, while investing in the state through job creation and tax revenue.”
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The partnership between BetMGM and RRKY will result in significant developments in Kentucky's gaming and entertainment landscape. Among these, the unveiling of a new 5,200 square-foot BetMGM Sportsbook stands out. This facility will find its home at Sandy's Racing & Gaming, a prominent $75 million gaming and entertainment location in Ashland.
The collaboration doesn't end there; Revolutionary Racing has grand visions for Kentucky's racing industry, including constructing the state's first-ever quarter horse racetrack along with a neighboring equestrian center. These cutting-edge facilities, occupying 182 acres next to Sandy's, will undoubtedly enrich the racing scene, with the inaugural races projected for 2025.
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Remember to gamble responsibly and set limits on your betting activities. Set a budget for yourself and stick to it, and never bet more than you can afford to lose. If you or someone you know has a gambling problem, crisis counseling and referral services can be accessed by calling 1-800-GAMBLER.
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