With an appeals court planning to hear arguments later this month on the legality of Instant Racing, the electronic form of gaming continues to generate significant revenues for Kentucky Downs and the state's horse industry.
A study commissioned by a partnership of Kentucky horse racing interests shows that casinos at eight racetrack locations would have a first-year economic impact of $1.7 billion.
The president of Kentucky Downs says action by the Kentucky Horse Racing Commission July 14 approving a new form of exotic wagering that uses electronic machines will provide an economic and morale boost to the industry.
A decision on whether Instant Racing is a legal form of gambling should go straight to the state Supreme Court, says the Kentucky Horse Racing Commission and the state's racetracks.
