Governor Steve Beshear Set to Announce Slots at Tracks?
Casinos and Racinos may be a distant memory, but the buzz over Governor Steve Beshear's (D) big casino revamp announcement on Monday has the pundits guessing. I have not heard anything from any credible or well placed source but there may be enough static traffic to decipher the purpose of the casino announcement. It appears Beshear and the House leadership are teaming up for slots at tracks.
Of course the whole casino debacle needed a face-lift from the original cut and the second cut, and in my humble opinion the enabling legislation and the campaign like wording in the proposed ballot question was two huge strikes against the proposed casino legislation to begin with and thus created an atmosphere of animosity among the House and the Administration from the beginning. I will defend, to an extent, the need for the enabling legislation. The fact that we are currently experiencing a budget crisis proves Beshear was absolutely right about the need for an injection of revenue into the state coffers and enabling legislation would have "enabled" the Commonwealth to begin enjoying the fruits of the casino industry sooner than later. The wording in the ballot question? It had a smart legal purpose that would have locked the cash generated from casino gaming to be used for specific purposes and services and that boiled the blood of the General Assembly. And that lack of political savvy doomed casinos from the start, in the House.
Now we have Rep. Harry "Funny Money" Moberly (D) filling a void in House leadership that is consistently vacated by House Speaker Jody Richards (D) when the shit hits the fan, and it usually does every year. This new failure in the House could be the fuel that fires a Rep. Greg Stumbo (D) to the top in the House next year. If Beshear's announcement is indeed slots-at-tracks, I would speculate Stumbo had a hand in it, in some way.
Those 3 choices are STILL on the table; Casinos, or some form of expanded gaming, higher taxes, or massive cuts in services. Looks like we Kentuckians will be treated to all three in the coming years and I for one will ask another question; could we have avoided being stuck with all three? The answer at this point is a resounding YES but Governor Beshear showed great courage pushing for a 70 cent increase in the cigarette tax. Again in my humble opinion the system of legislative negotiating broke down and if the people charged with leading the fight for and against break down, the machine breaks down. The machine broke and the only way to fix the machine is, of course, new parts. What parts will be replaced? I will not speculate on that now but give it a few months and the answer to that question will be as clear as Black Mountain water.

















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