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February 2004 Online Casinos News

A House leader insists that Kentucky's horse racing industry is ''98 percent'' in agreement on legislation that would expand gambling in the state.

Speaker Pro Tem Larry Clark said he plans to file a proposed constitutional amendment that would allow for expanded gambling. He met with members of Kentucky's horse racing industry Thursday.

The plan included up to nine casinos in Kentucky. Five would be controlled by race tracks, and four would be located elsewhere. Such a plan could bring in an estimated $437 million a year, five years after it's implemented. Clark said 40 percent of that would go to education, while 20 percent would be earmarked for Medicaid. Owensboro hotel owner John Bays says he would like to open one of those casinos.

Read the complete article at: 14WFIE 

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