Considering Kentucky’s long history of gambling on horse racing, it seemed the Commonwealth would have been among the first state to legalize casino gambling. Instead, we have gotten ourselves in a trap where the rural areas of the state can dictate what the cities do.
Kentucky, known as the “Bluegrass state,” does not have any traditional casinos. The most common form of gambling found in Kentucky is pari-mutuel betting on thoroughbred horse racing, which can be found at the 10 racetracks located through out the state.
According to the bill, prior to the fiscal year beginning July 1, 2038, 100% of the proceeds generated from licensing fees, and taxation of casinos and casino gaming in excess of the amount required, will be allocated to the Kentucky Employees Retirement System (KERS) nonhazardous pension fund, the Kentucky Employees Retirement System (KERS) hazardous pension fund, and the Kentucky Teachers.
FRANKFORT, Ky., March 22.--The State House of Representatives to-day passed the bill making gambling a felony, there being only six negative votes, in which Speaker Offutt and other young members.
Land-based Casinos in Kentucky The Kentucky Legislature has a casino gaming bill filed every year. It ends the same way each time, dying in committee or before a vote.
A Kentucky state legislator has pre-filed two bills for the 2014 session that could potentially lead to the authorization of casino gambling in the state.
Lawmakers in Kentucky and North Dakota have advanced bills that would legalise various forms of sports betting in each state. The Kentucky House Licensing, Occupations and Administrative Regulations Committee has passed House Bill 175 without a single vote against and only one abstention.
The bill calls for the legalization of full casino gambling, which would presumably include table games, slots, live poker, and possibly sports betting. Kentucky Representative and Democrat Dennis Keene is the sole sponsor of the casino bill, and he submitted the bill to the Appropriations and Revenue Committee.