Instant Racing

Local News
12:59 pm
Thu February 20, 2014

Kentucky Supreme Court Leaves Instant Racing Question Unsettled

Credit File photo

The Kentucky Supreme Court has upheld the state's authority to regulate betting on older, recorded horse races.

But the justices on Thursday sidestepped the issue of whether the game—known as Instant Racing—violates gambling prohibitions in state law.

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.

Read more
Local News
12:23 pm
Fri July 5, 2013

Kentucky Supreme Court Schedules Hearing For 'Instant Racing' Case

Credit Creative Commons

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.

The machines allow gamblers to bet on previously run horse races, which can’t be identified, but opponents such as the Family Foundation of Kentucky say the machines are the same as  slot-machines, which are not allowed in the commonwealth.  

Read more
Politics
3:08 pm
Wed March 6, 2013

Kentucky Anti-Gambling Group: Cost Outweights Benefits

Credit Rae Hodge/Kentucky Public Radio

FRANKFORT — Gambling brings social ills that will offset any tax revenue to Kentucky, argued a new group that rallied Wednesday in the Capitol Rotunda.

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.

Karen Hendersen, executive director of Stop Predatory Gambling Kentucky, warned that casinos create a burden to state funds in the form of gambling addiction treatment and family assistance programs.

Read more
Politics
11:25 am
Fri March 1, 2013

Kentucky Pension Bills in 'Legislative Purgatory' as Both Chambers Argue Over Procedure

Robert Stivers and Greg Stumbo
Credit Legislative Research Commission

FRANKFORT — Arguments over how to reform and pay for Kentucky's underfunded pension systems have devolved into legislative chaos.

Both the Kentucky House and the Senate are refusing bills addressing pensions, citing legal or procedural reasons. And leading legislators are blaming each other. 

The 2013 session has eight working days remaining, but doesn't officially close until March 26 to allow time for vetoes and overrides.

House Speaker Greg Stumbo says the Senate's actions are killing the issue.

Read more
Politics
6:00 pm
Thu February 28, 2013

Pension Fixes in Limbo As Leaders Argue Over Approaches

Greg Stumbo
Credit Kentucky Legislative Commission

 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.

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.

Read more
Politics
6:16 pm
Wed February 27, 2013

House Passes Two Pension Bills But Controversy Over Vote Looms

Greg Stumbo
Credit Kentucky Legislative Commission

The House has narrowly passed two bills dealing with the state's underfunded pension system, but not without controversy.

The House passed an amended  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.

Read more
Politics
9:45 pm
Tue February 26, 2013

House Committee OKs Pension Funding Bill That Relies on Gambling Dollars

Credit File photo

The House budget committee has passed a bill that would help shore up Kentucky's underfunded pension system by relying on gambling revenue.

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.

Read more
Politics
11:50 am
Tue February 19, 2013

Steve Beshear: Casino Bill is Dead for 2013, Unsure if Instant Racing Will Be Used to Fund Pensions

Steve Beshear
Credit Rae Hodge/Kentucky Public Radio

Gov. Steve Beshear says he's a fan of Instant Racing for Kentucky's horse racing tracks—but he's not sure if legalizing the gambling format would be used to fund the state's struggling pension system.

Meanwhile, Beshear said casino gambling is not happening this year.

Read more
Politics
11:32 am
Fri February 15, 2013

House Leaders Considering Instant Racing Legalization to Help Pay for Pensions

Greg Stumbo
Credit Kentucky Legislative Commission

Kentucky House leaders are considering legalizing Instant Racing across Kentucky to help plug the funding gap in the state's pensions.

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.

But if the General Assembly passes a bill authorizing it, the court case would be moot.

Read more
Local News
4:06 pm
Fri September 7, 2012

Ellis Park May Take On Partner

The owner of western Kentucky’s Ellis Park racetrack says he’s nearing a deal to take on a business partner.

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.

The Kentucky Horse Racing Commission is reviewing the proposed $4 million deal.

Pages