That information is reported monthly by the Kentucky Horse Racing Commission and is available here. That 18% is then split into two streams: about 10% goes back to the industry to support purses, breeding and equine-related programs, and only about 8% to Kentucky’s General Fund. ![]() That translates into approximately only 18% of the gross commission, which refers to the industry’s income after paying out winnings to bettors, and is the common way that states characterize their taxes on this form of gambling. Kentucky’s current tax on HHR slot machines is 1.5% of the handle, which refers to the amount that is bet on these machines. It has come to our attention that there is misinformation and confusion on this issue that this email is intended to clear up. ![]() ![]() More On Budget & Tax: Kentucky Is Excessively Stockpiling Needed Resources and Prioritizing Costly Tax CutsĪs you consider legislation potentially legalizing “Historical Horse Racing” (HHR) slot machines, an important issue concerns the inadequacy of the tax on those machines.
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