Matthew Koch

Kentucky Legislature Approves Anti-Stallion Cap, Fixed-Odds Bill

The Kentucky legislature has passed a sweeping bill that opens the door to fixed-odds wagering in the state and bars a cap being placed on the number of mares bred to a stallion there. In its final passage Wednesday, the 150-page bill passed out of the state House on a 64-19 vote, with 17 no-votes. It was delivered to Governor Andy Beshear's office on Thursday with a veto-proof majority. HB 904 was introduced into the state legislature by Republican Representatives Matthew Koch and Michael Meredith. Unlike the fluctuating odds that...

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Anti Stallion Cap Amendment Added to KY Fixed-Odds Bill

A floor amendment has been added to HB 904--a sweeping piece of legislation seeking to legalize fixed-odds wagering in Kentucky--that is designed to essentially ensure no limit can be imposed on the number of mares bred to a stallion in the state. It requires that the Kentucky Horse Racing and Gaming Corporation select and use an entity to act as "a registrar of Thoroughbreds" in the state, meaning it could choose an organization other than The Jockey Club, which is the current breed registry for the U.S., Canada and Puerto...

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Koch Q&A on KY Fixed-Odds Bill: Predictive Markets 'Absolutely Cannibalizing' Other Gambling

Last week, Republican Representatives Matthew Koch and Michael Meredith introduced into the Kentucky state legislature a sweeping gambling bill with several key components, including legalized fixed-odds wagering in Kentucky along with efforts to essentially expand and modernize its gambling infrastructure. Unlike the fluctuating odds that make up pari-mutuel betting, fixed odds is a form of betting in which the payout odds are set and agreed upon at the time the wager is placed. Crucially, they do not change. Among other aspects of the bill, it requires tracks and tote companies...

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Even Marines Need a Hero

by Matt Koch Editor's Note: In honor of Veterans Day and the 247th birthday of the United States Marine Corps (USMC), celebrated Nov. 11 and Nov. 10, respectively, we are honored to share this story from USMC Captain Matt Koch of Shawhan Place, a second-generation Marine following his father, longtime Claiborne Farm manager Robert "Gus" Koch. Matt, who will be honored next month as the 2022 Ted Bates Farm Manager of the Year by the Kentucky Thoroughbred Farm Managers' Club (KTFMC), is also the state representative of the 72nd district...

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Matthew Koch Named KY Farm Manager of the Year

The Kentucky Thoroughbred Farm Managers' Club (KTFMC) has chosen Shawhan Place's Matthew Koch as the 2022 Ted Bates Farm Manager of the Year. The honor is given annually to a farm manager "who has demonstrated quality and success in their management role; service to the community; involvement in the KTFMC; and industry leadership and dedication." "I am thrilled to hear Matthew has won this prestigious award," said Teddy Kuster, co-owner of Shawhan Place and the 1986 KTFMC Farm Manager of the Year. "The club has meant a lot to Matt's...

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