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Kentucky Bill Calls for Gaming Devices2 December 2003KENTUCKY – As reported by Bloodhorse: "A Kentucky legislator has pre-filed several bills for the 2004 General Assembly session, including one that would authorize electronic gaming devices at racetracks, and another that calls for a constitutional amendment on the subject. "Rep. Tom Burch of Louisville has pre-filed the racetrack gaming measure with the Interim Joint Committee on Licensing and Occupations. "…The 2004 bill calls for the state Lottery Corp. to oversee operation of EGDs and collect proceeds for the state under the following sliding scale: 28% of annual gaming income that doesn't exceed $50 million up to 41.44% of annual gaming income over $200 million. "…The bill also awards small percentages of revenue to backstretch improvement funds and horsemen's associations, and says no less than $2 million a year (depending on revenue generated) would go to a fund for problem gambling. "The second measure pre-filed by Burch proposes an amendment to the state constitution. It says `the General Assembly may by general law permit the operation of video lottery terminals at horse racing tracks, and if it does, it shall pass general laws to ensure the proper functioning, honesty, and integrity of video lottery terminals at horse racing tracks and the organizations conducting video lottery terminals at horse racing tracks.'…" |