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KY Racing Bill Stalls

March 19, 2010

Legislation meant to bolster Kentucky's racing industry by tapping into a new form of gambling on old horse races has stalled in committee.

It was an abrupt change in fortunes for the bill, which just a week ago had cleared the same Senate committee with strong bipartisan support. The bill was sent back to committee by the full Senate, and its chairman said Wednesday that anti-gambling forces have rallied opposition against the measure.

The committee chairman, Sen. Damon Thayer, said he's not sure if the bill will advance.

Instant Racing is a game in which gamblers bet on randomly selected past races without knowing the names of the horses. The bill proposes a 1.5 percent tax on those wagers, with the money flowing into a fund to supplement race purses for Kentucky-bred horses at Kentucky tracks.