Beshear desires to increase gaming to assist fund Kentucky's pension system

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Beshear wants to expand gaming to help fund Kentucky's pension system


FRANKFORT, Ky. (WKYT) — Democratic candidate for governor and Kentucky Legal professional Common Andy Beshear has introduced his plan for expanded gaming within the Commonwealth in an effort to seek out new income sources for the state’s pension system, our sister station WKYT studies.

The Beshear marketing campaign introduced Thursday it would look to legalize casinos, sports activities betting and on-line poker with a purpose of directing all tax revenues towards pensions.

“Expanded gaming is a long-overdue and customary sense method to make Kentucky extra aggressive and defend the hard-earned pensions of our lecturers and first responders,” mentioned Andy Beshear. “Whereas Matt Bevin is making up excuses and false claims, Indiana and our neighboring states proceed to steal our income. I’ll at all times put the most effective pursuits of our individuals first — and that features increasing gaming to create new alternatives right here in Kentucky.”

Republican Governor Matt Bevin has beforehand mentioned he was “agnostic” on sports activities betting, and he believes on line casino gaming would barely make an affect on pension funding. He has additionally pointed to the impacts playing has on households, saying “anyone takes their life in a on line casino as a result of they’ve wasted the final semblance of dignity and hope that that they had” throughout a radio interview in July.

The Kentucky Legislature has but to cross an expanded gaming invoice regardless of lawmakers from each events expressing assist.

The marketing campaign mentioned its plan would additionally embody working with nonprofits to assist these with playing habit.

Kentucky at the moment has horse racing betting and the Kentucky Lottery.

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