According to the Courier-Journal, legislation was filed Thursday in the Kentucky State Senate by Sen. Julie Raque Adams (R-Louisville) that clarifies the statutory foundation for EquiLottery, a new lottery game based on the excitement of live horse racing.
“We are thrilled by this opportunity to bring EquiLottery to Kentucky,” said EquiLottery President & CEO Brad Cummings. “Considering the cultural importance and popularity of horse racing in the Bluegrass, Kentucky is an ideal state for this new exciting take on the lottery experience.”
Senate Bill 74 would create a new designation of lottery game called a “shared lottery game” which is “conducted by the lottery corporation in collaboration with an association licensed to conduct horse racing, in which a portion of the money received would be “used to purchase pari-mutuel tickets.”
The foundation for this bill already exists in Kentucky law. KRS 154A.065 states that the Kentucky Lottery may “utilize horse racing or contests involving horse racing for any purpose including…conducting a lottery or as a basis for a lottery.”
For more details on Senate Bill 74, click here.
And click here to read the Courier-Journal story.
Bradford (Brad) Cummings