Instant Racing http://wfpl.org en Kentucky Supreme Court Leaves Instant Racing Question Unsettled http://wfpl.org/post/kentucky-supreme-court-leaves-instant-racing-question-unsettled <p>The Kentucky Supreme Court has upheld the state's authority to regulate betting on older, recorded horse races.</p><p>But the justices on Thursday sidestepped the issue of whether the game—known as Instant Racing—violates gambling prohibitions in state law.</p><p>Justice Daniel Venters, writing for the court, said there wasn't enough information in the court record to determine if Instant Racing qualifies as a horse race or illegal gambling. The justices sent that issue back to Franklin Circuit Court.</p> Thu, 20 Feb 2014 17:59:43 +0000 Associated Press 8646 at http://wfpl.org Kentucky Supreme Court Leaves Instant Racing Question Unsettled Kentucky Supreme Court Schedules Hearing For 'Instant Racing' Case http://wfpl.org/post/kentucky-supreme-court-schedules-hearing-instant-racing-case <p>The group challenging Instant Racing in the state will have a chance to argue its case before the Kentucky Supreme Court next month and the court’s decision will open or close the door on the game, which brings in millions of dollars in gambling revenue each month.</p><p>The machines allow gamblers to bet on previously run horse races, which can’t be identified, but o<span style="line-height: 1.5;">pponents such as the Family Foundation of Kentucky say the machines are the same as &nbsp;slot-machines, which are not allowed in the commonwealth. &nbsp;</span></p> Fri, 05 Jul 2013 16:23:00 +0000 Devin Katayama 6018 at http://wfpl.org Kentucky Supreme Court Schedules Hearing For 'Instant Racing' Case Kentucky Anti-Gambling Group: Cost Outweights Benefits http://wfpl.org/post/kentucky-anti-gambling-group-cost-outweights-benefits <p></p><p></p><p><span style="line-height: 1.5;">FRANKFORT — Gambling brings social ills that will offset any tax revenue to Kentucky, argued a new group that rallied Wednesday in the Capitol Rotunda.</span></p><p>About 30 people joined the group Stop Predatory Gambling Kentucky for the rally, where speakers dismissed efforts in the General Assembly to expand gambling through casinos or Instant Racing.</p><p></p> Wed, 06 Mar 2013 20:08:31 +0000 Rae Hodge 4363 at http://wfpl.org Kentucky Anti-Gambling Group: Cost Outweights Benefits Kentucky Pension Bills in 'Legislative Purgatory' as Both Chambers Argue Over Procedure http://wfpl.org/post/kentucky-pension-bills-legislative-purgatory-both-chambers-argue-over-procedure <p><span style="line-height: 1.5;">FRANKFORT — Arguments over how to reform and pay for Kentucky's underfunded pension systems have devolved into legislative chaos.</span></p><p>Both the Kentucky House and the Senate are refusing bills addressing pensions, citing legal or procedural reasons. And leading legislators are blaming each other.&nbsp;</p><p>The 2013 session has eight working days remaining, but doesn't officially close until March 26 to allow time for vetoes and overrides.</p><p>House Speaker Greg Stumbo says the Senate's actions are killing the issue.</p> Fri, 01 Mar 2013 16:25:22 +0000 Kenny Colston 4274 at http://wfpl.org Kentucky Pension Bills in 'Legislative Purgatory' as Both Chambers Argue Over Procedure Pension Fixes in Limbo As Leaders Argue Over Approaches http://wfpl.org/post/pension-fixes-limbo-leaders-argue-over-approaches <p></p><p><span style="line-height: 1.5;">&nbsp;A House bill aiming to help generate revenues for the underfunded pension system is in legal limbo as the Senate refused to accept the bill.</span></p><p>House Bill 416 takes revenues from expansion of Instant Racing and online lottery sales and the start of a Keno game to generate close to $100 million a year to pay into state's currently underfunded pensions for state employees.</p> Thu, 28 Feb 2013 23:00:54 +0000 Kenny Colston & Rae Hodge 4265 at http://wfpl.org Pension Fixes in Limbo As Leaders Argue Over Approaches House Passes Two Pension Bills But Controversy Over Vote Looms http://wfpl.org/post/house-passes-two-pension-bills-controversy-over-vote-looms <p></p><p><span style="line-height: 1.5;">The House has narrowly passed two bills dealing with the state's underfunded pension system, but not without controversy.</span></p><p>The House passed an amended&nbsp; version of Senate Bill 2, which keeps the pension systems as a defined benefit and creates a new oversight panel for Kentucky's many pension plans. It passed on party lines 55-45, with Democrats favoring.</p> Wed, 27 Feb 2013 23:16:30 +0000 Kenny Colston 4244 at http://wfpl.org House Passes Two Pension Bills But Controversy Over Vote Looms House Committee OKs Pension Funding Bill That Relies on Gambling Dollars http://wfpl.org/post/house-committee-oks-pension-funding-bill-relies-gambling-dollars <p></p><p><span style="line-height: 1.5;">The House budget committee has passed a bill that would help shore up Kentucky's underfunded pension system by relying on gambling revenue.</span></p><p>House Bill 416 would take revenues from expanding Kentucky lottery sales and online games, as well as from Instant Racing—if the state Supreme Court upholds the legality of the game—and move the money to the struggling pension program for state employees.</p> Wed, 27 Feb 2013 02:45:11 +0000 Kenny Colston 4217 at http://wfpl.org House Committee OKs Pension Funding Bill That Relies on Gambling Dollars Steve Beshear: Casino Bill is Dead for 2013, Unsure if Instant Racing Will Be Used to Fund Pensions http://wfpl.org/post/steve-beshear-casino-bill-dead-2013-unsure-if-instant-racing-will-be-used-fund-pensions <p></p><p><span style="line-height: 1.5;">Gov. Steve </span>Beshear<span style="line-height: 1.5;"> says he's a fan of Instant Racing for Kentucky's horse racing tracks—but&nbsp;he's not sure if legalizing the gambling format would be used to fund the state's <a href="/term/kentucky-state-pensions">struggling pension system.</a></span></p><p>Meanwhile, Beshear&nbsp;said <a href="/term/expanded-gambling">casino gambling </a>is not happening this year.</p> Tue, 19 Feb 2013 16:50:49 +0000 Kenny Colston 4072 at http://wfpl.org Steve Beshear: Casino Bill is Dead for 2013, Unsure if Instant Racing Will Be Used to Fund Pensions House Leaders Considering Instant Racing Legalization to Help Pay for Pensions http://wfpl.org/post/house-leaders-considering-instant-racing-legalization-help-pay-pensions <p></p><p><span style="line-height: 1.5;">Kentucky House leaders are considering legalizing Instant Racing across Kentucky to help plug the funding gap in the state's pensions.</span></p><p>Instant Racing is a slots-like game currently played at two Kentucky tracks, Ellis Park and Kentucky Downs. The legality of the game is also currently being litigated at the Kentucky Supreme Court.</p><p>But if the General Assembly passes a bill authorizing it, the court case would be moot.</p> Fri, 15 Feb 2013 16:32:24 +0000 Kenny Colston 4023 at http://wfpl.org House Leaders Considering Instant Racing Legalization to Help Pay for Pensions Ellis Park May Take On Partner http://wfpl.org/post/ellis-park-may-take-partner <P>The owner of western Kentucky’s Ellis Park racetrack says he’s nearing a deal to take on a business partner.<p> <P>A company associated with New York Saratoga Casino and Raceway wants to buy a 30-percent stake in Ellis Park. Owner Ron Geary says his new partners would take over day-to-day opertations.<p> <P>The Kentucky Horse Racing Commission is reviewing the proposed $4 million deal.<p> <P>Last month Ellis Park became the second Kentucky track to install Instant Racing machines that allow patrons to wager on videos of previously run races. Fri, 07 Sep 2012 20:06:25 +0000 Rick Howlett & the Associated Press 1587 at http://wfpl.org Ellis Park May Take On Partner