BetMGM Announces Kentucky Market Access Agreement with Revolutionary Racing
BetMGM, a leading sports betting and iGaming operator, and Revolutionary Racing Kentucky (RRKY) announced a new market access agreement allowing BetMGM to bring its online and retail sports betting platform to Kentucky once legalized sports betting launches. The companies also will open a retail BetMGM Sportsbook at Sandy’s Racing & Gaming.
“Kentucky has a rich history in sports and a passionate fan base. 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,” Adam Greenblatt, CEO of BetMGM, said.
BetMGM will offer online sports betting capabilities as soon as Kentucky’s regulated market commences and pending licensure and regulatory approval. Additionally, plans are underway to open a 5200 square-foot retail BetMGM Sportsbook this fall with RRKY at Sandy’s Racing & Gaming, a $75M gaming and entertainment facility in Ashland. Construction of Kentucky’s first quarter horse racetrack and equestrian center will follow on 182 acres adjacent to Sandy’s, with the first races launching in 2025.
“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,” Prentice Salter, CEO of Revolutionary Racing, said.
