Kentucky House approves problem gaming and parimutuel tax bills

Kentucky House approves problem gaming and parimutuel tax bills

Article brief provided by US Bets
  • Jeremy Balan, US Bets
March 22, 2022 11:40 PM
  • Jeremy Balan, US Bets

On the heels of a sports betting bill passing through the Kentucky House of Representatives last week, two more gambling-related bills cleared the chamber Monday.

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HB 607, which would change parimutuel tax rates and essentially eliminate the practice of breakage for horse racing, passed by a vote of 66-29, while HB 609, a bill to fund problem gambling programs in the state, passed by a vote of 84-14. Both bills are sponsored by Rep. Adam Koenig and now move to the committee level in the state Senate.

“I’m certainly excited,” Koenig said of the bills that passed the House on Monday, along with HB 606, which passed Friday and could legalize sports betting, online poker, and daily fantasy sports, “but I’m busy working those bills in the Senate.”