by Chuck Stinnet from The Henderson Gleaner
Ellis Park owner Ron Geary plans to place a multimillion-dollar bet on the legality of operating Instant Racing gambling machines in Kentucky.
Geary announced the racetrack will proceed with the installation of 177 of the devices, which combine horse racing bets with the speed and flash of slot machines.
But first, he wants to secure a partner to invest $3 million and become a minority partner in the 90-year-old racetrack. That would provide the capital that Geary said is needed to complete the remodeling of the entire Sportsmen’s Bar clubhouse smoking area and one-third of the remaining ground floor of the clubhouse into a casino-style facility, then install the machines. Read the full article here.