The Kentucky General Assembly plans to consider legislation in 2012 that would require Kentucky residents to pay a tax on bets they place with advance deposit wagering companies. The proceeds would benefit the Kentucky Thoroughbred Development Fund. Under existing law, a portion of Kentucky on-track bets go to the KTDF, whereas bets made via online [...]
Entries from January 2012
PROPOSED TAX ON KENTUCKY ADW WAGERS
January 20th, 2012 · No Comments
Tags: Horse Racing Business
EXPANDED FLORIDA GAMBLING IS LIKELY NOT FAR AWAY
January 17th, 2012 · No Comments
FORT LAUDERDALE, FL. An article by Kathleen Haughney in the South Florida Sun Sentinel reported that a Florida senate bill to establish destination-type casinos originally was meant to limit gambling in the Sunshine State. However, the bill was modified so much that, if enacted into law, every geographical sector of Florida can have at least [...]
Tags: Horse Racing Business
PRETTY IS AS PRETTY DOES
January 13th, 2012 · No Comments
HALLANDALE, FL. On January 6, 2012, Gulfstream Park held a $51,500 Maiden Special Weight race for 3-year-old fillies at 6 furlongs on dirt. Todd Pletcher sent out first-time starter The Last Meow for Town and Country Farms. This filly is one of only three offspring from Storm Cat’s last crop and hence her name. She [...]
Tags: Horse Racing Business