License Name
Kentucky Horse Racing and Gaming Corporation Licence
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Issuing Country/Region
Kentucky, United States
Regulatory Body
Kentucky Horse Racing and Gaming Corporation
Types of Regulated Games
Live horse racing, pari-mutuel wagering, sports wagering, charitable gaming (from July 1, 2025)
Market Coverage
Local (Commonwealth of Kentucky)
Regulator's Reputation
Good
Legal Entity Requirements
Business entity registration in Kentucky
Reporting Requirements
Written annual report to Governor and Legislative Research Commission by July 1; additional reports on request
Audit Requirements
Annual audit by a qualified entity; state Auditor audit every four years; annual report to Governor and legislature
License Scope Restrictions
Activities regulated include live horse racing, pari-mutuel wagering, sports wagering, breed integrity, and, from July 1, 2025, charitable gaming; no regulation of state lottery or certain horse sales activities
Jurisdictional Tax Compliance
Must comply with state tax laws; Kentucky applies specific tax rates to various types of gaming
Player Data Storage Requirements
Not specified in available regulations
Cross-Border Operations
Scope limited to the Commonwealth of Kentucky; outgoing simulcasts/interstate arrangements may be permitted per federal law
License Application Transparency
Meetings and records are public under Kentucky law, with some exceptions for sensitive information
Regulatory Contact Point
Kentucky Horse Racing and Gaming Corporation, Licensing Office
Legal Dispute Resolution
Governed by Kentucky law
License Transferability
Not specified in available regulations
Sub-Licensing Rules
Not specified in available regulations
License Cost
Fee amounts vary by license class and type; see official forms and FAQs for current rates
Annual Fees
Not specified for all license types; service provider sports wagering: $10,000 annual renewal
Income Taxes
State-specific rates apply to different wagering types (e.g., 3.5% of live racing handle; Historical Horse Racing at 1.5% of handle)
Player Winnings Taxes
Not specified in available sources
Financial Guarantees
Not specified in available sources
Financial Reporting Requirements
Annual audits and financial disclosures required
Application Processing Time
Immediate or within season for individual and business applicants; varies by license type
Required Documents
Completed application, financial statement (for certain classes), ID, and specific requirements for entity roles
Business Plan Requirements
Not specified in available regulations
Internal Policy Requirements
Not specified in available regulations
Testing Requirements
Not specified in available regulations
Certification Requirements
Not specified in available regulations
Staff Qualifications
Certain board members must have expertise in law enforcement, the gaming industry, horse breeding/racing, or veterinary medicine
Physical Office Requirements
Corporation maintains general office for business; applicant may need Kentucky address
Local Representative Requirements
Not specified in available sources
Responsible Gaming Measures
Mandated oversight for player protection, fraud prevention, integrity, and social responsibility
Age Verification Procedures
All applicants must be at least eighteen (18) years of age
KYC Procedures
Background and criminal checks are part of application process
Customer Support Standards
Not specified in available regulations
Complaint Handling Procedures
Not specified in available regulations
Player Funds Protection
Not specified in available regulations
Bonus and Promotion Regulations
Not specified in available regulations
Permitted Games List
Live horse racing, sports wagering, charitable gaming (from July 1, 2025); casino gaming pending legislation
Betting Limits
Not specified in available regulations
RTP Requirements
Not specified in available regulations
Jackpot Regulations
Not specified in available regulations
Mobile App Compliance
Operators and service providers must be licensed; mobile sports wagering permitted
Affiliate Program Rules
Not specified in available regulations
Security Standards
Not specified in available regulations
Encryption Requirements
Not specified in available regulations
Backup Requirements
Not specified in available regulations
Monitoring Systems
Corporation develops integrity and monitoring programs to ensure safety and correct conduct
Operation Logging
Not specified in available regulations
Anti-Fraud Systems
Corporation authorized to develop anti-fraud and integrity programs
API Integration Standards
Not specified in available regulations
Hosting Requirements
Not specified in available regulations
Scalability Requirements
Not specified in available regulations
Uptime Requirements
Not specified in available regulations
Technical Support Availability
Not specified in available regulations
License Duration
Determined per license type (often annual renewal for providers); casino terms under consideration
Renewal Procedure
Re-submission of application and current fees as per type
Penalties for Non-Compliance
License can be suspended or revoked for violations; additional state-imposed penalties as prescribed by law
Ownership Change Rules
Board members’ conflicts of interest and independence regulated; changes subject to disclosure
Mergers and Acquisitions Rules
Not specified in available regulations
Subcontractor Regulations
Not specified in available regulations
Branding Requirements
Not specified in available regulations
Intellectual Property Protection
Not specified in available regulations
Dispute Arbitration
Legal disputes subject to Kentucky law
Insurance Requirements
Not specified in available regulations
Charity Contributions
Not specified except for oversight of charitable gaming after July 1, 2025
Staff Training Requirements
Not specified in available regulations
Sustainability Initiatives
Not specified in available regulations
Accessibility Standards
Not specified in available regulations
Multilingual Support
Not specified in available regulations
Cryptocurrency Support
Not specified in available regulations
Esports Betting Regulations
Not specified in available regulations
Fantasy Sports Regulations
Governance planned by regulator if enabling legislation passes
Official Address
Kentucky Horse Racing and Gaming Corporation, 4047 Iron Works Parkway, Lexington, KY 40511
Fax Number
859-246-2039 (Licensing Office)
Work Hours
Monday to Friday, 8:00 a.m. to 3:00 p.m. EST (main office hours)
Emergency Contact
Not specified in available sources
Regional Offices
Licensing available at major tracks during race days
Departments
Board of Directors, President/CEO, Licensing, Compliance, Charitable Gaming (from July 1, 2025)
FAQ Question 1
What is Kentucky Horse Racing and Gaming Corporation Licence?
FAQ Answer 1
The Kentucky Horse Racing and Gaming Corporation license authorizes the conduct of live horse racing and associated wagering, sports betting, and, from July 1, 2025, charitable gaming in Kentucky.
FAQ Question 2
Which jurisdiction issues Kentucky Horse Racing and Gaming Corporation Licence?
FAQ Answer 2
The Commonwealth of Kentucky issues this license through the Kentucky Horse Racing and Gaming Corporation.
FAQ Question 3
What is the cost of obtaining Kentucky Horse Racing and Gaming Corporation Licence?
FAQ Answer 3
Cost depends on license class and type; sports wagering service provider initial fee is $50,000, with a $10,000 annual renewal. Other fees vary by category.
FAQ Question 4
What are the main requirements for Kentucky Horse Racing and Gaming Corporation Licence?
FAQ Answer 4
Requirements include submitting a completed application with identification and, for some roles, financial statements and background checks. Board member expertise, annual audits, tax compliance, and transparency obligations apply