A Kentucky lawmaker is trying to bring traditional casinos to the state and levy a 21% tax on their revenue.
Rep. Thomas Huff introduced this week House Bill 33, which would task the Kentucky Horse Racing and Gaming Corporation with regulating land-based and riverboat casinos, as well as the fantasy sports market.
The 21% tax on casino revenue would be on the higher side compared to other states. But Huff’s bill would also require patrons to pay $3 to enter the casino, so that would be an extra jolt to operator revenue.
In addition to graduating Kentucky from a historical horse racing (HHR) machine industry to a traditional casino industry, HB33 also has a section dedicated to allowing counties to decide whether they even want a casino built in their area.