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Beshear at it Again

The Kentucky horse racing industry is in trouble –unfortunately there is no denying that fact, but the solution apparently does not lie in expanding the state gambling industry at the racetracks. Governor Steve Beshear has made headlines all over the world for his efforts to confiscate the domain names of foreign listed online casinos. The internet gambling industry has revolted and that case actually made it all the way to the state Supreme Court for a decision. The most recent situation though indicates that Governor Beshear’s plans for the state just aren’t that popular with the rest of the politicians in office. More pointedly, Beshear’s latest legislative attempt to expand gambling in the state was blocked by the state Senate.

The thrust of the new legislation was an attempt to introduce video slot gaming machines at the state racetracks. The reasoning behind this is simple, Kentucky racetracks have reported significant losses over the past couple of years as the online casinos compete for business and as gamblers just go to racetracks in the neighboring states because of their slot machines and gambling opportunities.

Unfortunately for Beshear, the state House approved the measure easily, but the Senate was not quite so easily swayed. The Senate voted firmly against the measure much to the woe of the industry. The horse racing industry in the state has noted that it will likely face closures in the coming year or two if land casino-type games are not instituted at the Kentucky racetracks. Beshear calls for the government to do something that will assist this signature Kentucky institution – apparently though the others in the government don’t feel like this hasty legislation is quite the answer they need to solve this particular problem.