The Kentucky Supreme Court has ruled that the slot-like historical horse racing system does not constitute pari-mutuel wagering, overturning a Franklin Circuit Court judge’s 2018 ruling, according to a report on WDRB.com.
“We acknowledge the importance and significance of this industry to this Commonwealth. We appreciate the numerable economic pressures that impact it,” the high court said. “If a change, however, in the long-accepted definition of pari-mutuel wagering is to be made that change must be made by the people of this Commonwealth through their duly-elected legislators, not by an appointed administrative body and not by the judiciary.”
This story will be updated.
The post Kentucky Supreme Court Rules That Historical Horse Racing Does Not Constitute Pari-Mutuel Wagering appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions.