Home of The Kentucky Derby
Kentucky is most well-known for the Kentucky Derby which is held on the first Saturday in May at Churchill downs. The Kentucky Derby is the eldest continuously held horse race in the nation. The Bluegrass Country surrounding Lexington is home to many of the world’s best racehorses.
Bringing in New Revenue
The state is currently reviewing casino proposals to help bring in more revenue. Supporters made their case that the expansion of gambling would bring in much needed revenue in taxes.
They are hopeful that opening up casinos in the state will lure more horse owners in for races and bolster horse racing purses. The state would eventually make approximately $285 million annually on casino-related tax revenues.
