πŸ’° Churchill Downs well-positioned for expanded gambling in Kentucky

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FRANKFORT β€” Gambling brings social ills that will offset any tax revenue to Kentucky, argued a new group that rallied Wednesday in the.


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Expanded gambling could become an issue in the General Gentry says Indiana is reaping the benefits of Kentucky's refusal to legalize.


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Andy Beshear (right) wants casinos in Kentucky. and Thayer said the tax revenue and economic benefits of authorizing commercial gambling.


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β€œWe should reap some of the benefits Indiana has been reaping,” said Norma Mitchell, who waited 90 minutes to enter Derby City Gaming on its.


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FRANKFORT β€” Gambling brings social ills that will offset any tax revenue to Kentucky, argued a new group that rallied Wednesday in the.


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β€œThe solution is not to cut legally promised benefits, but to create a new Kentucky's gambling laws only allow some betting on some horse.


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The Kentucky Legislative Research Commission is a member committee comprised of gambling, and includes positive benefits of gambling such as social.


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The Newport gaming facility is a good first bet, but to be competitive, Kentucky needs to seize more legalized gambling opportunities.


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β€œThe solution is not to cut legally promised benefits, but to create a new Kentucky's gambling laws only allow some betting on some horse.


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β€œWe should reap some of the benefits Indiana has been reaping,” said Norma Mitchell, who waited 90 minutes to enter Derby City Gaming on its.


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Brent Cooper, Opinion contributor Published a. Post to Facebook. Typed comments will be lost if you are not logged in. During the most recent legislative session, House Bill , sponsored by Rep. Adam Koenig of Erlanger, would have established a regulatory framework to allow Kentucky residents to legally bet on sports β€” in addition to playing online poker and fantasy sports contests. The Newport gaming facility is a good first bet, but to be competitive, Kentucky needs to seize more legalized gambling opportunities. Cancel Send. Please be polite. Comments Welcome to our new and improved comments , which are for subscribers only. If you see comments in violation of our community guidelines , please report them. ET May 18, {/INSERTKEYS}{/PARAGRAPH} First, when completed, the new facility will create about 70 new full-time jobs, not to mention the construction-related jobs the project will produce. A link has been sent to your friend's email address. Share This Story! Finally, the location of the gaming facility near I will make it convenient for residents of our region and a tourist attraction for out-of-state visitors to enjoy the Kentucky racing experience without having to drive to tracks in Lexington or Louisville. Another bill in the legislative session, HB , which would allow residents to vote on a constitutional amendment for casino gambling, fared even worse. This is a test to see whether we can improve the experience for you. Check out this story on cincinnati. It never made it out of committee β€” once again. Opinion: Kentucky needs to double down on legalized gambling The Newport gaming facility is a good first bet, but to be competitive, Kentucky needs to seize more legalized gambling opportunities. The 17,square-foot facility will include will feature Historical Racing Machines, known as HRMs, which use the outcomes of past horse races to provide an experience like slot machines, a horse-racing simulcast area, including a separate VIP room, and a bar. While the new Newport gaming facility is a great first step for our region and our state, the General Assembly needs to take further action on legalized gambling to compete with other states, provide additional revenue to support our signature horse industry, and address the pressing need to shore up our schools and public pension system. Welcome to our new and improved comments , which are for subscribers only. With a full-blown casino less than five minutes away in Ohio, this will give Northern Kentuckians a choice to do some gaming on this side of the river. You will need to register before adding a comment. This Newport development is good not just for our region, but for the entire Commonwealth and its horseracing industry because it will increase in pari-mutuel wagering in the state, which in turn will generate larger purses for live racing, attract better horses, and spur new interest in pari-mutuel wagering and other types of legalized gambling opportunities. {PARAGRAPH}{INSERTKEYS}Let friends in your social network know what you are reading about. A link has been posted to your Facebook feed. It's OK to disagree with someone's ideas, but personal attacks, insults, threats, hate speech, advocating violence and other violations can result in a ban. You do not need a Facebook profile to participate. In the last two legislative sessions, after this bill passed out of the Housing Licensing, Occupations, and Administrative Regulations Committee, House leadership did not call for a vote on the bill. Legislation allowing for legalized sports and casino gambling have been filed in the Kentucky General Assembly for several years, but the legislature has refused to vote on these bills while our neighboring states β€” particularly Ohio and Indiana β€” take in millions of tax dollars from Kentucky residents who travel to their nearby casinos.