Day At The Track

KY Governor signs historic racing bill

12:20 AM 25 Feb 2021 NZDT
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Harness racing
Historical horse racing operations at the Red Mile in Lexington, KY

FRANKFORT, KY (AP) - Kentucky’s governor has signed legislation aimed at securing the legality of betting on historical racing machines.

Gov. Andy Beshear said Monday that the measure protects the state’s thoroughbred  and standardbred industry. But he says more work remains to enact “a more fair and equitable tax structure.”

His comments reflect calls by some lawmakers for a higher tax rate on historical racing operations.

The slots-style historical racing machines allow people to bet on randomly generated, past horse races. The Red Mile has already resumed with historical racing machines going after the Senate passed the legislation.

From the Associated Press

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