Commonwealth Policy Center

The Kentucky General Assembly convenes today and legislators are being pressured to redefine the term parimutuel to legalize video slot machines. Ten years ago the horse tracks gambled on whether or not the slots were legal. They rolled the dice so to speak but they came up snake eyes when the Kentucky Supreme Court said that what they’ve been doing is illegal. Now they’re playing the “woe is me card” and asking the state government to bail them out. They argue that a lot of jobs and money is on the line. But what about all the money that average Kentuckians have lost at their venues? Perhaps Big Gambling learned a lesson here. When you gamble big and lose it hurts. Maybe they’ll become more empathetic to thousands of Kentuckians that they helped lose big at their casino-style venues.