KEEP commends the Governor and the horse industry for working together on this solution
LEXINGTON, Ky. (Friday, June 5, 2020) – The Kentucky Equine Education Project (KEEP) released the following comment on Governor Beshear’s announcement that historical horse racing facilities can reopen on June 8, 2020:
“KEEP applauds Governor Beshear’s announcement that historical horse racing (HHR) facilities can reopen on June 8, 2020. KEEP commends the Governor and the horse industry for working together on this solution, which will allow the facilities to operate at one-third capacity and provide a safe environment for the fans of this unique entertainment experience.
HHR has single-handedly transformed the horse racing industry in Kentucky. HHR’s impact on the industry has set it apart from competing states by creating a magnet that is drawing horse operations from around the country to the Commonwealth. HHR alone has contributed more than $52 million to racing purses, more than $50 million to breeders and has contributed tens of millions of dollars to the Kentucky General Fund, as well as other state programs.
With incentive structures in Kentucky that benefit breeders, trainers and owners who keep their horses in Kentucky, HHR is responsible for the positive growth in the health of the industry and its more than $3.4 billion economic impact on the Commonwealth.”
The Kentucky Equine Education Project, Kentucky’s equine economic advocate, is a not-for-profit grassroots organization created in 2004 to preserve, promote and protect Kentucky’s signature multi-breed horse industry. KEEP is committed to ensuring Kentucky remains the horse capital of the world, including educating Kentuckians and elected officials of the importance of the horse industry to the state. KEEP was the driving force in the establishment of the Kentucky Breeders Incentive Fund, which has paid out more than $177 million to Kentucky breeders since its inception in 2006, and pari-mutuel wagering on historical horse racing, which has been responsible for more than $40 million to purses and more than $24 million to the Kentucky Thoroughbred Development Fund.
KEEP works to strengthen the horse economy in Kentucky through our statewide network of citizen advocates. To learn more about how you can become a member or support our work, please visit www.horseswork.com.