A Kentucky lawmaker has filed a pair of bills that will again bring the issue of expanded gaming before the General Assembly.
State Rep. Larry Clark, a Louisville Democrat, has pre-filed legislation that would place a constitutional amendment on the Nov. 2014 ballot asking Kentucky voters if they permit "the General Assembly to pass laws authorizing casino gaming?” according to language in BR 108.
Clark's companion gaming bill, BR 109, would establish the Kentucky Gaming Commission, a body comprised of nine members appointed by the governor that would regulate up to eight casinos under the proposed legislation, with an annual operational budget of no more than $5 million.
Out of a total estimated $830 million in gross revenue generated by the casinos, about $286 million of that amount would be collected in state taxes from casinos by the measure, according to an estimate conducted by the Legislative Research Commission.
For the first time, the state has official figures on how much money Kentuckians bet online or over the phone on horse races that take place in the commonwealth. State Senator Damon Thayer says about $47 million was wagered in the first half of the year.