Instant Racing revenues up at Ky. track

LEXINGTON, Ky. (AP) - Gambling on a slots-like game where
players bet on previously run races is continuing to grow at a
southern Kentucky racetrack.

Kentucky Downs posted a nearly 20 percent increase in wagering
on Instant Racing in March, according to the Lexington
Herald-Leader (http://bit.ly/HELEZG ).

From September through March, more than $67.5 million was
wagered on the game. Last month, players bet more than $15 million
on the game, up almost $2.5 million from February. Most of the
revenue was returned in the form of winnings, but Kentucky Downs
netted more than $1 million for the month for the first time.

The Family Foundation, a conservative advocacy group, is
challenging the legality of Instant Racing.

The Kentucky Court of Appeals is scheduled to hear oral
arguments in the case April 25.
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Information from: Lexington Herald-Leader,
http://www.kentucky.com

(Copyright 2012 by The Associated Press. All Rights Reserved.)


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