Kentucky Statutes 230.783 – Wagers considered made in Kentucky — Prohibited wagers — Revocation of hub license — Applicability of KRS 137.170, 138.510, and Chapter 230
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(1) Any wager that is made for an account maintained with the hub operator shall be considered to have been made in the Commonwealth of Kentucky.
(2) Account holders may communicate instructions concerning account wagers to the hub only by telephonic or other electronic means.
(3) None of the following wagers shall be processed through a hub: (a) A wager on live racing accepted by a track;
(b) A telephone account wager accepted by a track;
(c) An intertrack wager accepted by a receiving track or simulcast facility; or
(d) An interstate wager accepted by a receiving track or simulcast facility.
(4) Any hub that processes any of the wagers delineated in subsection (3) of this section from a track, receiving track, or simulcast facility shall be subject to revocation of its hub license.
(5) Except as provided in KRS § 230.752, nothing in KRS § 230.775 to KRS § 230.785 shall exempt racetracks or simulcast facilities from any taxes imposed under KRS
137.170, 138.510, or Chapter 230.
Effective: July 14, 2022
History: Amended 2022 Ky. Acts ch. 124, sec. 25, effective July 14, 2022. — Created
2004 Ky. Acts ch. 173, sec. 6, effective July 13, 2004.
(2) Account holders may communicate instructions concerning account wagers to the hub only by telephonic or other electronic means.
Terms Used In Kentucky Statutes 230.783
- Receiving track: means a track where simulcasts are displayed for wagering purposes. See Kentucky Statutes 230.210
- Simulcast facility: means any facility approved pursuant to the provisions of KRS
230. See Kentucky Statutes 230.210
(3) None of the following wagers shall be processed through a hub: (a) A wager on live racing accepted by a track;
(b) A telephone account wager accepted by a track;
(c) An intertrack wager accepted by a receiving track or simulcast facility; or
(d) An interstate wager accepted by a receiving track or simulcast facility.
(4) Any hub that processes any of the wagers delineated in subsection (3) of this section from a track, receiving track, or simulcast facility shall be subject to revocation of its hub license.
(5) Except as provided in KRS § 230.752, nothing in KRS § 230.775 to KRS § 230.785 shall exempt racetracks or simulcast facilities from any taxes imposed under KRS
137.170, 138.510, or Chapter 230.
Effective: July 14, 2022
History: Amended 2022 Ky. Acts ch. 124, sec. 25, effective July 14, 2022. — Created
2004 Ky. Acts ch. 173, sec. 6, effective July 13, 2004.