Kentucky’s new fund is projected to receive about $575,000 in its first year. “But they were really reluctant to without some form of problem gambling money.”
“We had folks that wanted to vote for sports wagering,” Meredith said. But Meredith couldn’t rally enough support to pass the bill this year until a provision was added dedicating 2.5% of sports wagering taxes and licensing fees to a new problem gambling account, which also can be tapped for alcohol and drug addictions.