Kentucky Lawmakers Ban Fixed-Odds Betting on Mares Bred Under KTDF and Cap Stallion Breeding
Kentucky lawmakers have approved legislation banning fixed-odds betting on mares bred through the Kentucky Thoroughbred Development Fund (KTDF). The new law also sets a limit on the number of mares a stallion can breed under the KTDF program, restricting it to 140 mares per year beginning January 1, 2024. This measure aims to maintain competitive balance among Kentucky Thoroughbred racing participants and protect wagering integrity within the state. The Kentucky Legislature enacted these provisions in response to concerns about maintaining fair competition and ensuring the ongoing health of the state’s horse racing industry. The legislation highlights continued regulatory focus on thoroughbred breeding practices and betting structures in Kentucky, a key market in North American horse racing.