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Long Delay for Kentucky Land Casinos

The horseracing industry all over the world is frequently in the news for claims that land and online casinos gambling and betting are causing problems for many of the horseracing tracks. U.S. racetracks are constantly looking for the ability to offer either slot machines for other smaller attached gambling choices as a way to not only lure players to the track, but to feed into purses and to generally support the immense amount of money needed to offer high quality horses racing for competitive and significant purses.

The horseracing industry in Canada has recently filed serious allegations against the country’s online casinos gambling industry, alleging that unregulated internet gambling and betting is causing the racetracks to go out of business – which means that the Canadian government is now investigating the country’s online gambling industry.

In the United States, the Kentucky legislature has chosen not to pass a law that would expand the land casinos gambling industry in the state to include casino gambling at the racetracks. Kentucky racetracks face competition for business from land casino gambling and betting in neighboring states – in addition to an underground online gambling industry that the U.S. government has had little success in effectively banning the activity.

And the decision to not pass the casino law during this legislative session means that the horseracing industry may have to wait until 2009 or 2010 to be brought before the Kentucky House of Representatives for consideration. The proposed expansion will need to go before the house because it will require changes to the current State Constitution.