{"data":{"id":"us-ky/krs-230.300","jurisdiction":"us-ky","citation":"KRS 230.300","heading":"License to conduct race meetings or engage in simulcasting and intertrack","body":"wagering as a receiving track -- Application -- Racing dates.\n(1) Any person desiring to conduct horse racing at a horse race meeting within the\nCommonwealth of K entucky or to engage in simulcasting and intertrack wagering\nas a receiving track during any calendar year shall first apply to the corporation for\na license to do so. The application shall be filed at the corporation's general office\non or before October 1 of the preceding year with respect to applications to conduct\nlive horse race meetings, and with respect to intertrack wagering dates, and on\nforms prescribed by the corporation. The application shall include the following\ninformation:\n(a) The full name and address of the person making application;\n(b) The location of the place, track, or enclosure where the applicant proposes to\nconduct horse racing meetings;\n(c) The dates on which the applicant intends to conduct horse racing, which shall\nbe successive days unless authorized by the corporation;\n(d) The proposed hours of each racing day and the number of races to be\nconducted;\n(e) The names and addresses of all principals associated with the applicant or\nlicensee;\n(f) The type of organizational structure under which the applicant operates, i.e.,\npartnership, trust, association, limited liability company, or corporation, and\nthe address of the principal place of business of the organization;\n(g) Any criminal activities in any jurisdiction for which any indi vidual listed\nunder paragraphs (a) and (e) has been arrested or indicted and the disposition\nof the charges, and any current or on -going criminal investigation of which\nany of these individuals is the subject; and\n(h) Any other information that the corporation by administrative regulation deems\nrelevant and necessary to determine the fitness of the applicant to receive a\nlicense, including fingerprints of any individual listed under paragraphs (a)\nand (e), if necessary for proper identification of the indiv idual or a\ndetermination of suitability to be associated with a licensed racing association.\n(2) An application for association license shall be accompanied by the following\ndocuments:\n(a) For a new license applicant, a financial statement prepared and attested to by a\ncertified public accountant in accordance with generally accepted accounting\nprinciples, showing the following:\n1. The net worth of the applicant;\n2. Any debts or financial obligations owed by the applicant and the persons\nto whom owed; and\n3. The proposed or current financing structure for the operation and the\nsources of financing.\n(b) For a license renewal applicant, an audited financial statement for the prior\nyear;\n(c) A c opy of the applicant's federal and state tax return for the previous year.\nTax returns submitted in accordance with this provision shall be treated as\nconfidential;\n(d) A statement from the Department of Revenue that there are no delinquent\ntaxes or other financial obligations owed by the applicant to the state or any of\nits agencies or departments;\n(e) A statement from the county treasurer of the county in which the applicant\nconducts or proposes to conduct horse racing meetings that there are no\ndelinquent real or personal property taxes owed by the applicant.\n(3) The completed application shall be signed by the applicant or the chief executive\nofficer if the applicant is an organization, sworn under oath that the information is\ntrue, accurate, and complete, and the application shall be notarized.\n(4) If there is any change in any information submitted in the application process, the\napplicant or licensee shall notify the corporation within thirty (30) days of the\nchange.\n(5) (a) The corporation shall as so on as practicable, but in no event later than\nNovember 1 in any calendar year, award dates for racing in the\nCommonwealth during the next year. In awarding dates, the corporation shall\nconsider and seek to preserve each track's usual and customary dates, a s these\ndates are requested. If dates other than the usual and customary dates are\nrequested, the applicant shall include a statement in its application setting\nforth the reasons the requested dates are sought. Dates for the conduct of\nintertrack wagering shall be awarded as provided in KRS 230.377.\n(b) After November 1, the corporation may authorize additional racing dates or\notherwise make adjustments or amendments to the racing dates awarded if\ndoing so is requested by the licensed association, supported  by the applicable\nhorsemen's group, deemed to be in the best interest of racing, and, if the\nchange impacts the race dates of another licensed association, only with the\naffected licensed association's express written consent.\n(6) The corporation may issu e a license to conduct a horse race meeting to any\nassociation making the aforesaid application if the applicant meets the requirements\nestablished in KRS 138.530 and other applicable provisions of this chapter, and if\nthe corporation finds that the propos ed conduct of racing by the association would\nbe in the best interest of the public health, safety, and welfare of the immediate\ncommunity as well as to the Commonwealth.\n(7) As a condition precedent to the issuance of a license, the corporation may requir e a\nsurety bond or other surety conditioned upon the payment of all taxes due the\nCommonwealth, together with the payment of operating expenses including purses\nand awards to owners of horses participating in races.\n(8) The corporation may impose a fee and  may establish, by administrative regulation\npromulgated in accordance with KRS Chapter 13A, a fee schedule for association\nlicense applications.\n(9) The corporation may require an applicant for an association license to submit to a\nbackground check of the  applicant, or of any principal, individual, or organization\nassociated with the applicant. The corporation shall not require a background check\nfor any individual who is a principal as defined in KRS 230.210 but owns stock or\nfinancial interest in the app licant of less than ten percent (10%). An applicant shall\nbe required to reimburse the corporation for the cost of any background check\nconducted.\n(10) Every license issued under this chapter shall specify among other things the name\nof the person to whom issued, the address and location of the track where the horse\nrace meeting to which it relates is to be held or conducted, and the days and hours\nof the day when the meeting will be permitted; provided, however, that no track that\nis granted overlapping da tes for the conduct of a live race meeting with another\nhorse racing track within a fifty (50) mile radius shall be permitted to have a post\ntime after 5:30 p.m., prevailing time for overlapping days between July 1 and\nSeptember 15, unless agreed to in writing by the tracks affected.\n(11) A license issued under this section is neither transferable nor assignable and shall\nnot permit the conduct of a horse race meeting at any track not specified therein.\nHowever, if the track specified becomes unsuitable for racing because of flood, fire,\nor other catastrophe, the corporation may, upon application, authorize the meeting,\nor any remaining portion thereof, to be conducted at any other suitable track\navailable for that purpose, provided that the owner of the track willingly consents to\nthe use thereof.\n(12) Horse racing dates may be awarded and licenses issued authorizing horse racing on\nany day of the year. Horse racing shall be held or conducted only between sunrise\nand midnight.\n(13) The corporation may at any time require the removal of any official or employee of\nany association in those instances where it has reason to believe that the official or\nemployee has been guilty of any dishonest practice in connection with horse racing\nor has failed to comply with any condition of his or her license or has violated any\nlaw or any administrative regulation of the corporation.\n(14) Every horse race not licensed under this section is hereby declared to be a public\nnuisance and the corporation may obtain an injunction a gainst the same in the\nCircuit Court of the county where the unlicensed race is proposed to take place.\n(15) (a) A licensee or applicant under this chapter, KRS Chapter 238, or any other\nlicensee that the corporation has authority over, shall not be issued a license or\nbe allowed to renew a license if there is a failure by the licensee or applicant\nto pay any taxes imposed under KRS 138.510, 138.513, 138.552, in addition\nto any other taxes, license fees, or any other payments required to the\nCommonwealth under this chapter and KRS Chapters 132, 138, 139, 141, and\n238, including but not limited to:\n1. Any financial obligations related to the following:\na. Pari-mutuel wagering;\nb. Advance deposit wagering;\nc. Sports wagering;\nd. Fantasy contests;\ne. Event contracts; or\nf. Charitable gaming; or\n2. Any transactions or fees or any other financial obligations owed to the\nstate or any of its agencies or departments.\n(b) The Department of Revenue may provide information to the corporati on\npertaining to a potential applicant or licensee in paragraph (a) of this\nsubsection as permitted by KRS 131.190.","path":["KRS Chapter 230"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=58107","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:52:46Z","sha256":"8b7f05b90e97835636a2bb0d025019e96d465ed40eb90b910b5feec0fd627ff9","source_id":"us-ky","stale":false,"prev":"us-ky/krs-230.295","next":"us-ky/krs-230.310"},"notice":"GroundRules: Original legal text. Not legal advice."}