Perhaps the most reported, least understood, and most important legislation for Kentucky Thoroughbred breeding and racing is the current bill before the state legislature that would allow video lottery terminals to be installed at racetracks in the Commonwealth.
That bill passed the state house of representatives yesterday, and there is a hilarious blog of the “discussion” available online (click here).
Perhaps it is unnecessary to mention how crucial some sort of balancing is for the economics of breeding racehorses, especially in Kentucky compared to other state programs. At present, with a single rule change by the Jockey Club, between 75 percent and 99 percent of the Thoroughbreds would leave for other locales.
That rule is the requirement for a live cover in the production of any registered Thoroughbred.
Are we hanging by a hair?