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.
Wednesday, November 16, 2011
A committee has approved use of $100,000 from the Kentucky Thoroughbred Development Fund for several Kentucky Cup races, but it remains to be seen whether the stakes series--at least part of it--will be run.
Tuesday, July 26, 2011
Efforts to restore the Kentucky Cup Day of Champions at Turfway Park in September are ongoing, but the return of the stakes program could hinge on sponsorships.
Wednesday, June 08, 2011Members 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.
Wednesday, June 08, 2011The Kentucky Senate passed a bill March 3 authorizing the licensing of advance deposit wagering companies and a requirement that they report pari-mutuel handle on Kentucky races.
Thursday, March 03, 2011
Unlike 2009, when purses and live racing days were cut, Ellis Park reported solid numbers for its 27-day meet that ended Sept. 6.
Tuesday, September 07, 2010
Ellis Park will offer higher purses for some Kentucky-bred horses under a plan approved by the Kentucky Thoroughbred Development Fund advisory committee.
Saturday, April 24, 2010
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.
Wednesday, April 23, 2008Turfway Park has increased association purses 10% effective March 2. It's the second purse hike of the winter/spring meet.
Wednesday, March 07, 2007The Kentucky Auditor's Office has released reports that show the Kentucky Horse Racing Authority needs stronger financial management and accountability.
Monday, January 08, 2007The 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.
Monday, December 18, 2006The Kentucky Thoroughbred Owners and Breeders has named Saint Liam as the state-bred Horse of the Year and Baby Zip as Broodmare of the Year.
Thursday, April 27, 2006The Kentucky Horse Racing Authority has requested the state auditor conduct an audit of the Kentucky Thoroughbred Development Fund after it discovered two shortfalls as a result of overpayments during meets conducted at Ellis Park.
Monday, March 20, 2006Turfway Park has hiked purses for Kentucky-breds in some high-level races, and also reported that numbers for the first nine live racing days of 2004 show business is on the rebound.
Wednesday, January 14, 2004Registration fees for eligible Kentucky-breds will jump by 50% to 100% under a plan approved Oct. 2 by the Kentucky Racing Commission at the request of the Kentucky Thoroughbred Owners and Breeders.
Thursday, October 02, 2003Ellis Park has raised the purse money of four stakes races to be run at the Henderson, Ky. track's upcoming summer meeting.
Thursday, June 19, 2003Churchill Downs has announced a 5 percent increase in overnight purses for its Spring Meet races, effective June 5.
Tuesday, June 04, 2002
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