It went by Kentucky HB 607, an innocuous name for a bill that could put millions of dollars into horseplayers’ wallets after its Tuesday passage in the Kentucky State Senate. That bill, which heads back to the House for concurrence after sailing through the state senate 33-1, virtually eliminates breakage. […]
Churchill Downs Incorporated (CDI) announced Tuesday it plans to buy the parent company of Colonial Downs, Peninsula Pacific Entertainment (P2E), for $2.485 billion. CDI will fund the deal through a combination of new debt and cash on hand. It is expected to close by the end of 2022. Some of […]
Two more states joined the Historical Horse Racing machine parade this week, when Louisiana and New Hampshire passed legislation approving HHR machines. On Tuesday, the Louisiana Senate passed SB 209 by a 32-3 vote. That gives off-track betting facilities license to install up to 50 HHR machines per OTB facility. […]
Kentucky Gov. Andy Beshear signed Senate Bill 120 Tuesday, legalizing historical horse racing machines and protecting the economic impact they have on the state’s signature equine industry. For now, that ends the legal saga on whether the slot-like machines meet the definition of pari-mutuel wagering. Introduced in January by State […]
With legislation legalizing historical horse racing (HHR) machines meandering toward his desk, Kentucky Gov. Andy Beshear told a virtual meeting of the Kentucky Horse Racing Commission Tuesday he will sign the bill “as fast as it reaches my desk.†Beshear told the commissioners he couldn’t sign Senate Bill 120 last […]
In a move illustrating the speed of Kentucky legislators when it comes to that state’s Thoroughbred horse industry, the Kentucky House of Representatives approved Senate Bill 120 on Thursday night, legalizing Historical Horse Racing (HHR) machines. The measure passed 55-38, two days after it cleared the Kentucky State Senate, 22-15. […]
As one major racetrack shuttered its Historical Horse Racing (HHR) machine parlor, Kentucky State Sen. John Schickel (R-Union) said Thursday he authored a bill supporting legalization of the machines. Schickel, whose district includes Churchill Downs Inc.-owned Turfway Park, told WTVQ-TV he plans on filing the bill when the legislative session […]
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