Gaming Revenue

As the Kentucky Thoroughbred Development Fund (KTDF) closes in on the three-month mark without being able to generate money via historical horse race (HHR) gaming and on-track wagering, Bill Landes III, the chairman of the fund's advisory committee, warned in a public teleconference meeting Wednesday that the money that gets allocated to pay a portion of purses on the state's racing circuit is running dangerously low. Although no specific dollar amounts were mentioned about how dry the funding is because of the recent COVID-19 business closures, a real-life example of...