Horse Racing

Less than a week after a proposal to allow "Instant Racing" gambling came flying out of a Senate committee, the bill has been sidetracked and looks unlikely to finish the legislative race.

FRANKFORT, Ky. (AP) — Legislation meant to bolster Kentucky's racing industry by tapping into a new form of gambling on old horse races has stalled in committee.

Amy Chapin, 47, of Des Moines, Iowa, plays at Prairie Meadows Casino in Altoona, Iowa, recently. Faced with a drop in gambling revenue, states are adding games, considering new casinos and increasing lottery options to keep their cut of the profits rollin

Supporters of legislation meant to bolster Kentucky's racing industry were sent backtracking Tuesday to revamp a key provision before it goes before the Senate.

Lawmakers worried about preserving Kentucky's horse capital status presented a plan that offers a cash infusion to bolster the state's racing industry by taxing Internet betting and allowing a new form of gambling on old horse races.