Kentucky is not a gambling-friendly state by any means. Actually, it could have some of the strictest laws around gambling in the entire country.

Does Kentucky Downs Have Slot Machines, ouverture casino auron, epiphone casino o sheraton, poker hands chart to print. Jackpots are closer than you think! Visit Kentucky Downs Gaming, just 30 minutes north of Nashville, for exciting gaming action, dining, drinks and more. Kentucky has four venues – Derby City Gaming, Keeneland-Red Mile, Ellis Park and Kentucky Downs – where patrons can bet on machines that resemble slots. They have been closed since mid-March.

That being said, Kentucky does have minimal options for those looking to press their luck, including the famously known Kentucky Derby.

Horse racing is legal in the Bluegrass State, as well as the state lottery.

Is online gambling in the future of Kentucky? And how did the state become so strict towards gambling in the first place? We break it down and more in our Kentucky gambling guide below.

Online Casinos in Kentucky

Although Kentucky has a long tradition with horse racing, it has not legalized casinos (online or otherwise).

There have been limited discussions of legalizing online casinos, but it seems unlikely that we'll see online casinos offered there in the foreseeable future.

Kentucky does have a state lottery, which can indicate an openness to other forms of betting.

The nearest online casinos will be in West Virginia, which has already approved legislation. Tennessee has recently approved online sports betting.

But, you can still register with a legal online casino while you're in Kentucky.

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That means you can get the casino's bonus offers or deposit, and then play whenever you're in states where it's legal (even in a layover at the airport). (Do be aware of the casinobonus's expiry date, though.)

The only forms of legal online gambling in the state include the lottery and pari-mutuel betting.

Land-Based Casinos in Kentucky

The most common type of gambling offered is pari-mutuel betting on thoroughbred horse racing at the 10 racetracks located throughout the state.

The most famous horse race offered in the state is the Kentucky Derby, which has been run annually since 1875.

The Kentucky Derby is always run at Churchill Downs on the first Sunday in May.

A festival is also held each year for two weeks before the race in Louisville, where the track is located. Louisville is also the state's largest city.

There are three racetrack casinos in Kentucky that offer some form of casino gambling. There are no traditional slot machines in Kentucky casinos. Instead, they all offer instant racing bettingmachines.

While these machines may appear to be regular slot machines, they are actually gaming machines that are based on unidentified past horse races and the spinning reels shown on the machinesare for entertainment purposes only.

Those instant racing machines are the only types of casino gambling offered in Kentucky casinos. You will not find any table games offered at the casinos in Kentucky.

Types of Casinos in Kentucky

There are no traditional casinos in Kentucky.

Residents have numerous racetracks to choose from, as explained above.

List of Racetracks in Kentucky

Click on any of the race tracks below to learn more about them.

Derby City Gaming

• 4520 Poplar Level Rd, Louisville, KY 40213
• +1 502-961-7600
• Games: Instant racing betting machines

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Ellis Park

• 3300 US-41, Henderson, KY 42420
• +1 812-425-1456
• Games: Instant racing betting machines

Kentucky Downs

• 5629 Nashville Rd, Franklin, KY 42134
• +1 270-586-7778
• Games: Instant racing betting machines

Red Mile

• 1200 Red Mile Rd, Lexington, KY 40504
• +1 859-255-0752
• Games: Instant racing betting machines

Churchill Downs

• 700 Central Ave, Louisville, KY 40208
• +1 502-636-4400
• Games: Instant racing betting machines
• Hosts the Kentucky Derby

Turfway Park

• 7500 Turfway Rd, Florence, KY 41042
• +1 859-371-0200
• Games: Instant racing betting machines

Keeneland

• 4201 Versailles Rd, Lexington, KY 40510
• +1 859-254-3412
• Games: Instant racing betting machines

Kentucky Land-Based Casinos Map

Betting using instant wagering machines, which resemble and operate similar to slot machines, has exploded across Kentucky and thousands more machines will come online in the near future. Yet the state taxes them at very low rates compared to slot machines in other states and even compared to live racing within Kentucky at comparable levels of betting. Especially in the face of more state budget cuts next session unless new revenue is generated, taxing these machines appropriately is an action the 2020 General Assembly should take.

Lost revenue is substantial

In May, we wrote about the missed opportunities and lost revenues because of Kentucky’s failure to uniformly tax betting that is already happening in our state. At that time, we estimated the potential new revenues from taxing all betting at a uniform 3.5% of average daily handle (the average amount bet daily), and depositing all the resulting new revenues in the General Fund, at over $40 million.

Since then, instant racing machine use has continued to grow rapidly. Based on new information, we now estimate the potential new revenues at over $60 million annually, excluding the expansion of instant racing machines described below. If the tax rate is increased and the planned expansions occur, potential new revenues over the next two years could increase to as much as $80 –$100 million, providing significant support to much-needed investments in the commonwealth.

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Casinos are here—in the form of “instant racing” slot machine parlors

Between 2018 and 2019, the amount bet through instant racing machines increased by 80%, or just over $900 million, primarily due to the addition of 900 new machines at Derby City Gaming in Louisville in September of 2018. Existing instant racing venues also experienced double–digit growth in the amount bet and gross commission per day, per machine.

Moving forward, there will be a more than tripling of the number of instant racing machines operating in the state. On top of the 2,800 machines now in use, the Kentucky Horse Racing Commission has approved the addition of over 7,000 new machines that will likely become operational over the next 24 months, including the following:

• Oak Grove, a new facility currently under construction in Christian County, which is jointly operated by Churchill Downs and Keeneland. It includes an instant gaming parlor, hotel, equine center and Standardbred track. Oak Grove began offering live betting on Standardbred races in October of 2019, and plans to open its instant gaming facility in June of 2020 with 1,200 instant racing machines.
• Kentucky Downs, located in Simpson County, which was recently purchased by new owners from Nevada. The facility is expanding with an anticipated completion date of September 2020 for the first phase, which will increase the number of instant racing machines at the location from 753 to 1,200.
• Ellis Park, located in Henderson County, which was recently purchased for the second time in less than a year by Ellis Entertainment, a subsidiary of Laguna Development Corporation, based in New Mexico. In June 2019, the track was approved to increase the number of instant racing machines from 179 to 1,200 as part of a renovation and expansion.
• Churchill Downs announced in October of 2019 a significant renovation project that includes a hotel and an instant racing parlor with 900 machines at its flagship track facility. The projected completion date is late 2021. (It should be noted that Churchill has received approval for a total of 3,000 machines that can be deployed at Derby City or at the new on-track facility. Derby City currently has 1,000 machines, so a total of 2,000 additional machines can be deployed by Churchill at any time).
• Churchill Downs purchased Turfway Park, located in Boone County in October 2019. Turfway is the only thoroughbred track in Kentucky that currently does not have instant racing machines. As part of the approval process, the Kentucky Horse Racing Commission approved up to 2,500 instant racing machines, which will be part of a major renovation that is expected to be completed in late 2021.

Kentucky’s tax rates on slots are extremely low

Kentucky’s tax rate on instant racing is very low compared to the rate imposed on live racing in the state at tracks with comparable average daily handles. Instant racing is currently taxed at just 1.5% of the average daily handle, compared to a rate of 3.5% imposed against betting at tracks with an average daily handle of over $1.2 million (2 of the 4 instant racing facilities currently operating have an average daily handle of over $1.2 million, with Keeneland/Red Mile likely to hit that level in 2020).

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Kentucky’s tax on instant racing slot machines is also low compared to how other states tax slots. Most states impose gambling taxes based on “gross revenues,” which are generally defined as the amount that remains after paying winning bets. Our surrounding states impose taxes on gross revenues from slot machines at rates ranging from 26% in Missouri to 53.5% in West Virginia. In comparison, Kentucky’s effective tax rate on instant racing, calculated on the same base used by other states, is just 18%. But that number overstates what Kentucky collects because most of the tax receipts are required by statute to be distributed back to the industry. For example, in 2019, 60% of the taxes collected were distributed to purse support funds, backside improvement funds for race tracks and other industry-related endeavors. The effective tax rate based on revenues deposited in the General Fund is even lower at just 8%.

Given the significant growth that has already occurred, the planned expansions that are currently underway, and current tax rates that are well below industry averages, and which primarily benefit the horse industry, there is significant room to generate additional revenues while still providing strong support for the industry. Taxing these rapidly proliferating casino-style slot machines and investing the revenues in the commonwealth is an opportunity the 2020 Kentucky General Assembly should not miss.

Note: The legality of instant racing machines remains at issue. A lawsuit challenging whether bets made through instant racing machines constitute pari-mutuel wagering, the only form of betting that is legal in Kentucky, other than the lottery, is currently before the Kentucky Supreme Court on appeal from a 2018 ruling of the Franklin Circuit Court which found instant racing bets to be pari-mutuel. The court is expected to hear oral arguments and to rule on the case in early 2020.