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Updated: 3:58 AM Sep 8, 2011
Instant Racing Earns Kentucky Downs More Than $100,000 a Day
Kentucky Downs is reporting receipts of more than a half-million dollars from new gaming machines during the devices' first five days of operation in Franklin.
Posted: 4:18 PM Sep 7, 2011Reporter: Associated Press |
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LEXINGTON, Ky. (AP) -- Kentucky Downs President, Corey Johnsen, says a total of $594,431 was wagered on the Franklin track's 197 machines in the five-day period, an average of $603.48 per day per machine. The track began offering the game last Thursday.
Johnsen told the Kentucky Horse Racing Commission on Wednesday in Lexington that $53,536 was taken out for the track and taxes, including $8,916 for the state.
The game is under legal review in the state Court of Appeals. Kentucky Downs is the only track in the state offering the game.
The machines, based on a pari-mutuel wagering system using past horses races, resemble casino-style slot machines.

