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Sep 10, 2018  

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Sports gambling symposium to be held at Keeneland Sales Pavilion | Lexington Herald Leader

The symposium is free to the public. Those planning to attend are asked to register here . Don't miss the "Sports Wagering and Impact on Horse Racing" symposium presented by @BloodHorse and @BreedersCup Sept. 6 in the @keeneland Sales Pavilion in Lexington. The symposium is free to the public, but you are requested to register in advance at: — BloodHorse (@BloodHorse) September 1, 2018 Since May 14 when the United States Supreme Court struck down a 1992 federal ruling outlawing commercial sports gambling in most states, thus giving states the opportunity to authorized legal sports gambling, people have wondered how the new provisions would affect horse racing . Since the Supreme Court ruling, Monmouth Park in New Jersey has instituted sports gambling with much early success. According to the Asbury Park Press , the Monmouth Park Sports Book by William Hill generated a handle of $8,176,212 the first 17 days after sports betting was launched on June 14. “We are extremely pleased with our numbers,” Dennis Drazen, president and CEO of Darby Development LLC, which operates Monmouth Park, told the Press. “We think they show there is a huge appetite for sports betting.” New Jersey was one of a few states that had already passed laws putting it in position to institute sports gambling if it was made legal for states to do so. Kentucky is not one of those states, though legislation has been proposed . In the meantime, Bryan Pettigrew, chief marketing office for Breeders’ Cup Limited, told America’s Best Racing he hopes Thursday’s symposium will provide information and foster ideas on how to take advantage of the new opportunities.

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