Kentucky Gaming Commission

3/31/2022by admin
  1. Kentucky Gaming Commission
  2. Kentucky Gaming Commission Investigator Identification
  3. Kentucky Racing And Gaming Commission
  4. Kentucky Charitable Gaming Commission

Kentucky Gaming Law

In the state of Kentucky, gambling is defined in the following way:

'Gambling means staking or risking something of value upon the outcome of a contest, game, gaming scheme, or gaming device which is based upon an element of chance, in accord with an agreement or understanding that someone will receive something of value in the event of a certain outcome.'

The Kentucky Horse Racing Commission (KHRC) is an independent agency of state government charged with regulating the conduct of horse racing and pari-mutuel wagering on horse racing and related activities within the Commonwealth of Kentucky. The KHRC is a leader in the welfare of horse and rider and the safety and integrity of horse racing. Kentucky Department of Charitable Gaming January 30.FINANCIAL REPORT UPDATE. Pursuant to KRS 238.535(5), the Department of Charitable Gaming is granting a thirty-day extension for filing the annual financial report required by KRS 238.535(2)(b) for charitable organizations exempt from licensure. Planning on holding a raffle in Kentucky? Here’s what you need to know when preparing to have your raffle tickets printed. Your printed raffle tickets MUST contain at least the following information: Date, time and location of the drawing Organization’s name Organization’s license number Price of the ticket Description of prize(s) (if valued over $500).

Kentucky's interpretation of gambling depends a great deal on something that is called the 'Dominant Factor Test,' which stipulates that for something not to be considered gambling, skill must be a prevailing factor in any activity, and that the competitor's level of skill, as well as those he or she is competing against, 'must sufficiently govern the results.' If something does not readily meet these standards, or is clearly allowed by the law, it is deemed to be illegal.

If you are an individual, i.e., a bettor, and you are engaged in such activity, there is really not a whole lot to be worried about, because the law does not prescribe punishment for people who are partaking in these 'illegal' acts of gambling. However, if you are a purveyor of such entertainment; i.e., an operator of anything related to gambling, you are considered to be 'advancing gambling activity.' Let's take a look at their definition :

Mar 07, 2021 Thursday's decision ratchets up the pressure on Kentucky lawmakers to vote on a bill that would keep the multi-billion-dollar slot-like gaming industry alive in the state. Mar 07, 2021 Bill Wine, courtesy of Churchill Downs LOUISVILLE, Ky. (WDRB) - A bill aimed at legalizing Kentucky's racetrack-owned gaming venues shot out of the starting gate on Thursday with an 8-0 vote in a.

'A person 'advances gambling activity' when, acting other than as a player, he engages in conduct that materially aids any form of gambling activity. The conduct shall include, but is not limited to, conduct directed toward the establishment of the particular game, contest, scheme, device, or activity involved; toward the acquisition or maintenance of premises, paraphernalia, equipment, or apparatus therefore; toward the solicitation or inducement of persons to participate therein; toward the actual conduct of the playing phases thereof; toward the arrangement of any of its financial or recording phases or toward any other phase of its operation. A person who gambles at a social game of chance on equal terms with other participants does not otherwise advance gambling activity by performing acts, without remuneration or fee, directed toward the arrangement or facilitation of the game as inviting persons to play, permitting the use of premises therefor and supplying equipment used therein.'

We guess that means they could conduct a poker game among friends at home, but they couldn't 'induce' people to play what it considers to be illegal, which means they might not even be able to advertise something like, for instance, casino gambling or online gambling. Nor is there any allowance for running a poker game where in any way there is a rake taken for the benefit of an individual or entity.

As we obviously know, there are exceptions in Kentucky's anti-gambling laws. One of the legal 'gambling devices' is a pari-mutuel machine as it dispenses tickets at a licensed race track, like Keeneland or Churchill Downs. Another is a pinball machine designated for 'amusement only' that can give away free games, up to a limit of thirty. A carve-out is also provided for in the case of 'charitable gaming,' which includes bingo, raffles, scratch-off type tickets with the benefits going to charitable organizations but does not allow for the use of slot machines, video gaming terminals or live horse racing in the pursuit of such activities.

Online gambling is quite obviously illegal in Kentucky, but since horse racing is based in a pari-mutuel system, online bets are allowed, and that has led to the unveiling of Twin Spires, a site at which thoroughbred racing enthusiasts can open up online accounts and bet right into the pool at Churchill Downs.

About KentuckyGaming.com

This website is designed to offer you a considerable amount of insight into the state that probably carries the most prestige in at least one area of gaming (pari-mutuel wagering) and has brought about some of the most burning controversy as it concerns yet another area of gaming (online gambling).

Everyone knows that Kentucky is known the world over when it comes to horse racing, because the most prestigious race of all - the Kentucky Derby - takes place there on the first Saturday in May every year. Because of its relationship with the pari-mutuel industry, in fact, the state has become particularly unfriendly to encroachment, so much so that it conducted a seizure of domain names of some of the leading players in the online gambling industry. That is still a hot topic.

The possibilities in the Bluegrass State are still very much alive. Everything that is attached to those possibilities will be covered by the material you will read herein.

Latest Articles

Cloud Computing Wins Preakness Stakes

Added on: May 23, 2017

After Cloud Computing rallied to victory in the 142nd running of the Grade I Preakness Stakes, it meant that Kentucky Derby 2017 winner Always Dreaming wouldn’t be winning the Triple Crown this year – something that only 12 horses have ever ...


Kentucky Gaming Commission

Kentucky Derby Starting This Weekend

Added on: May 2, 2017

The 143rd running of the Kentucky Derby will be taking place on Saturday 6th May, 2017, and here we will be taking a look at the latest leaderboard rankings, including only the top ten runners on the leaderboard. In at number ...


Commission

Victory for One For Arthur in the UK Grand National

Added on: April 11, 2017

The Grand National is the most important event on the UK horseracing calendar and this year’s main event took place on Saturday 8th April at Aintree Racecourse near Liverpool, England. For sponsorship reasons, this year’s event was actually known ...


What Happened at the Cheltenham Festival 2017?

Added on: March 21, 2017

The Cheltenham Festival is one of the most important events on the National Hunt racing calendar in the United Kingdom. This is generally held over a four day period and it usually coincides with Saint Patrick’s Day in mid-March. The ...


Kentucky Gaming Commission Investigator Identification

A Look at Some of the Kentucky Derby Winners

Added on: Feb. 28, 2017

Kentucky Racing And Gaming Commission

The Kentucky Derby is one of the most exciting two minutes in sports and the first ever race was held way back in 1875. This is a Grade 1 race for thoroughbred horses (3-year-olds) and it takes place every year, usually ...

Kentucky Charitable Gaming Commission


Comments are closed.