One week from today, fans will be able to bet on their favorite sports teams.

Online in-person betting began a few weeks ago following the passage of House Bill 551.

Earlier this year, the Kentucky Horse Racing Commission has approved licenses for eight mobile wagering providers, including Caesars, Bet, MGM, DraftKings and FanDuel.

According to the governor's office, sports betting is expected to increase state revenue by about $23 million every year once it's fully implemented.

Pre-registration for mobile betting is now live.

Today, Governor Andy Beshear talked about how legalized sports betting is going so far.

After the first two weeks of retail wagering, initial numbers indicate over $4.5 million was wagered on sports in the state.

That is a strong number, but we believe it will grow significantly once online begins.

We're hearing from our mobile partners and not all of reported, but there are well over 60,000 mobile accounts that are pre-registered already.

Kentuckians can pre-register with any licensed mobile application and deposit initial money in their accounts in preparation of the launch.

The governor also says bettors could have new sports as options.

The Sports Wagering Advisory Council is recommending the addition of Formula One racing.

The National Rugby League Australia and the professional firefight Hours League or the Fighters League rather, and the Universal Ticket Tennis League.

It will be up to the racetracks and the mobile apps about whether to add those sports.