Kentucky Republican state Rep. Michael Nemes has filed a casino bill and a constitutional amendment allowing counties to decide if they get either a full casino or slots at racetracks.
The measures pre-filed today (here and here) would create a Kentucky Gaming Commission and taxing schemes of 21% of gambling revenues to the state and a $3 per person admission fee for casinos, of which 2/3 would go to the state and 1/3 to the county or counties in which the casino is situated.
The bill contains no provisions to prevent the state from overcommitting projected casino revenues, which will ultimately be what makes this whole idea a loser for Kentucky if it passes.
