HB347

Kentucky HB347 amends regulations on simulcast facilities and pari-mutuel wagering in horse racing.

Kentucky HB347 amends the Kentucky Revised Statutes to modify regulations on simulcast facilities and pari-mutuel wagering in horse racing. The bill specifies that simulcast facilities can only be established with approval from the Kentucky Horse Racing and Gaming Corporation and must meet certain criteria. It also outlines the distribution of commissions from simulcast wagering, including allocations to host tracks, purse programs, and local governments. Additionally, the bill sets minimum payouts for wagers and addresses the establishment of simulcast facilities in unincorporated areas.