Download as PDF
138.511 Definitions for KRS 138.510 to 138.550.
As used in KRS 138.510 to 138.550:
(1) "Commission" means the Kentucky Horse Racing Commission;
(2) "Association" has the same meaning as in KRS 230.210;
(3) "Daily average live handle" means the total amount wagered at a track on live
racing and does not include money wagered:
(a) At a receiving track;
(b) At a simulcast facility;
(c) On telephone account wagering;
(d) Through advance deposit account wagering; or
(e) At a track participating as a receiving track or simulcast facility displaying
simulcasts and conducting interstate wagering as permitted by KRS
230.3771 and 230.3773;
(4) "Department" means the Department of Revenue;
(5) "Fiscal year" means a time frame beginning 12:01 a.m. July 1, and ending 12
midnight June 30;
(6) "Host track" has the same meaning as in KRS 230.210;
(7) "Interstate wagering" has the same meaning as in KRS 230.210;
(8) "Intertrack wagering" has the same meaning as in KRS 230.210;
(9) "Receiving track" has the same meaning as in KRS 230.210;
(10) "Simulcast facility" has the same meaning as in KRS 230.210;
(11) "Telephone account wagering" has the same meaning as in KRS 230.210; and
(12) "Track" has the same meaning as in KRS 230.210.
Effective:July 15, 2010
History: Amended 2010 Ky. Acts ch. 24, sec. 107, effective July 15, 2010. -Created 2009 (1st Extra. Sess.) Ky. Acts ch. 1, sec. 106, effective June 26,
2009.
Legislative Research Commission Note (6/26/2009). 2009 (1st Extra. Sess.) Ky.
Acts ch. 1, sec. 106, created a new section consisting of definitions for KRS
138.510 to 138.550. All of the definitions except subsections (7) and (8) were
listed in alphabetical order. The Reviser of Statutes has altered the internal
numbering of those subsections under the authority of KRS 7.136.
Disclaimer: These codes may not be the most recent version. Kentucky may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.