Wednesday, January 20, 2010
Expanded Gambling Bills Filed
KENTUCKY....
Governor Steve Beshear told lawmakers Tuesday he believes legalizing slots could generate $780 million over the next two years. Beshear's gambling proposal was sent to an unfriendly Senate Wednesday, prompting House Speaker Greg Stumbo to file a measure to allow horse tracks to install video slot machines. The measure filed Tuesday contains one major difference... how revenue generated from gambling would be spent. The House version requires the money be used for specific purposes, including school construction, while the Senate version directs the revenue to the general fund.
Governor Steve Beshear told lawmakers Tuesday he believes legalizing slots could generate $780 million over the next two years. Beshear's gambling proposal was sent to an unfriendly Senate Wednesday, prompting House Speaker Greg Stumbo to file a measure to allow horse tracks to install video slot machines. The measure filed Tuesday contains one major difference... how revenue generated from gambling would be spent. The House version requires the money be used for specific purposes, including school construction, while the Senate version directs the revenue to the general fund.