Ktdf

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Kentucky Lawmakers Eye Tax on ADW Bets

Kentucky Lawmakers Eye Tax on ADW Bets

The Kentucky General Assembly probably will consider legislation in 2012 that taxes bets made by Kentucky residents through advance deposit wagering systems to bolster the Kentucky Thoroughbred Development Fund.

KTDF Revenue Decline of Concern to Panel

Members of an advisory committee that oversees the Kentucky Thoroughbred Development Fund expressed concern June 8 over diminishing revenue for the program as well as one racetrack's suspension of full-card simulcasts.

Better Than Honour Tops in Kentucky

Better Than Honour Tops in Kentucky

The board of directors of the Kentucky Thoroughbred Owners and Breeders (KTOB) honored the breeders of the 2007 Kentucky-bred champions and the Kentucky Thoroughbred Development Fund (KTDF) leaders at its annual luncheon April 23 at Keeneland.

Action Taken to Erase Deficit in KTDF Balance

The Kentucky Horse Racing Authority has approved an agreement that erases a deficit in the Kentucky Thoroughbred Development Fund and establishes tighter accounting procedures to preclude a similar deficit buildup in the future.

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