Historical Horse Racing

Pari-Mutuel Bill Approved by Kentucky House Committee

Kentucky House Bill 607, which contains a provision to greatly benefit horseplayers by effectively eliminating breakage, was overwhelmingly approved Wednesday morning by a Kentucky House of Representatives committee. HB 607 also standardizes the tax rate on all pari-mutuel wagers placed in Kentucky and also makes claiming races eligible for Kentucky-bred purse subsidies. The bill must still be approved by the full House before being sent to the Senate. Representative Adam Koenig, whose district in Northern Kentucky is near Turfway Park, is a primary sponsor of the bill, which also has...

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Keeneland, Kentucky Downs Break Ground On Cumberland Run Harness Track

Officials from Keeneland and Kentucky Downs broke ground Monday on Cumberland Run harness track in Corbin, Ky. and Cumberland Mint, a satellite historical horse racing venue in Williamsburg, Ky. The project is a joint venture between Ron Winchell and Marc Falcone's ECL Racing Management and Keeneland Association. Winchell and Falcone are the majority owners and managing partners in Kentucky Downs and The Mint Gaming Hall in Franklin in south-central Kentucky between Bowling Green and Nashville. Projections call for construction to be done in time for Cumberland Run to conduct its...

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Lucrative Kentucky Downs Meet Opens Sunday

FRANKLIN, Ky. - With huge purses offered during a mighty short season all run over a distinctive European-style turf course, the FanDuel Meet at Kentucky Downs has emerged as a gem of American racing. It's different, to be sure. Once an obscure little meet quietly contested at a track called Dueling Grounds in a small town on the border with Tennessee, much closer to Nashville than Kentucky's big cities, Louisville and Lexington, it has flourished, gotten noticed and embraced. This year it features six graded stakes, three of them with...

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KY Committee Unlikely To Recommend Tax Increase for HHR Machines

A special legislative committee charged with studying the taxes and rates paid by Kentucky racetracks, including the tax rates on profits from Historical Horse Racing (HHR) machines, seems set on recommending the status quo rather than a tax increase. That's good news for the state's racing and breeding industries, which have flourished since HHR machines were introduced in the state some ten years ago. The Pari-Mutuel Wagering Taxation Task Force met Monday and the meeting turned into something of a cheerleading session for the sport, its economic impact and the...

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Taxation Task Force to Look at HHR Rates

A Pari-Mutuel Wagering Taxation Task Force has been established in the Kentucky General Assembly to "study the taxes and rates related to horse racing, the impact that changing the rates would have, and the funds relating to the horse industry which receive historical horse racing tax receipts [and] determine if any changes should be made." The task force will be co-chaired by Kentucky State Senator Damon Thayer and House of Representatives member Adam Koenig. The Kentucky Equine Education Project (KEEP) issued a statement in support of the action Tuesday: "The...

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Churchill Purses Get $3.1M Boost From HHR Revenue

Before the first race is run Saturday on Opening Night of its 38-day Spring Meet, Churchill Downs Racetrack announced that purses will be raised an additional $3.1 million thanks to revenue from the historical racing machines at Derby City Gaming. Total purses offered in the first condition book for horsemen, which covers 190 races over 19 dates through Thursday, May 27, have grown to $22,822,100 for a daily average of $1,201,163. That represents a 5.9% increase from the previously published $21,544,000. Maiden special weight races are now worth $115,000 during...

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Online Gaming Launches in Oregon

A new online gaming experience powered by historical horse racing has launched in Oregon through luckii.com. Wagers can be as low as 20 cents a spin. The results are determined by a database of actual horse races previously run at hundreds of tracks around the country. Luckii is licensed by the Oregon Racing Commission as an Advanced Deposit Wagering platform. A portion of proceeds from all Luckii games are provided to the Oregon horse racing industry, delivering much-needed revenues to support local jobs and communities in Oregon. Luckii's slot-style games...

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Arizona Senate Committees Advance Horse Racing Bill

The Arizona Senate moved a gaming bill through two committees--one unanimously--and it now awaits an assignment date for a vote by the full Senate. Senate Bill 1794 passed the Appropriations and Rules committees, with wide support. The bill authorizes historic horse racing, providing up to $140 million in new state tax revenues, as well as support for the state's horse racing industry. "This long-overdue modernization effort will help the many local businesses that support the horse racing industry and also provide much-needed revenue to the state," said Save Arizona Horse...

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KY Governor Signs HHR Legislation

Kentucky Governor Andy Beshear signed a bill on Historical Horse Racing (Senate Bill 120) Monday, which would assure that betting on historical machines is legal. The Kentucky Equine Education Project (KEEP), Kentucky's equine economic advocate, released the following statement in response: "We thank Governor Beshear for signing Senate Bill 120 into law, which ensures the future of our equine industry while protecting thousands of local jobs. Kentuckians and the legislators who represent them have made clear that they support historical horse racing and the many benefits it brings to our...

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KHRC Awards $14.3 Million to Kentucky Breeders for 2020

The Kentucky Horse Racing Commission has awarded $14.3 million to qualified breeders through the Thoroughbred Breeders' Incentive Fund for Kentucky Thoroughbreds' wins in 2020. The incentive fund requires owners to board mares in Kentucky from the time of breeding until the birth of the foal. Incentive payments are based on the foal's eventual winnings on the racetrack. Last year, nearly 3,500 races were won by a Kentucky-bred receiving a breeder award. Kentucky-breds won over 245 graded stakes in the United States and 18 group races in Canada, England, France and...

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HHR Passes Ky House 55-38 After Emotional Debate

The bill to legalize historical horse race (HHR) gaming in Kentucky by defining "pari-mutuel wagering" to include previously run races passed in the House of Representatives by a 55-38 vote shortly after 8 p.m. Thursday, with seven legislators not casting votes. Capping an emotional and contentious—but always civil—floor debate that stretched over three hours Feb. 11, the most controversial bill of the 2021 Kentucky legislative session now heads to Governor Andy Beshear, who has previously indicated support for keeping HHR intact in Kentucky. The passage of SB 120 this week...

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Churchill Downs Releases Statement on HHR/Senate Bill 120

Churchill Downs Incorporated released the following statement regarding Senate Bill 120, legislation to keep historical horse racing in Kentucky: "As the House prepares to vote as early as this afternoon on Senate Bill 120, we are asking our Louisville-area legislators to please pass this critical legislation and save local jobs. We are incredibly proud to be a part of this community and are grateful to call Louisville home. Senate Bill 120 is about protecting jobs right here in our city that are held by our parents, siblings, friends and neighbors....

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