FRANKFORT, Ky. (AP) - The Kentucky Senate has passed legislation
calling for state licensing of companies that allow people to place
phone or online bets on horse races in the state.
The measure cleared the Senate on a 36-0 vote Thursday. It heads
back to the House, which will consider Senate changes.
The bill would require that advance deposit wagering operators
be licensed by the Kentucky Horse Racing Commission. Another key
section would require ADW providers to submit quarterly reports on
all wagers made on Kentucky races.
Republican Sen. Damon Thayer of Georgetown said the betting done
through ADW providers has become the only growth segment in
parimutuel horse wagering. He said the bill would help lawmakers
get a handle on where ADW wagers are coming from and the amounts
wagered.
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The legislation is House Bill 387.
(Copyright 2011 by The Associated Press. All Rights Reserved.)
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