AN ACT relating to gaming activities.

Amend KRS 230.210 to define terms; amend KRS 230.260 to allow the Kentucky Horse Racing and Gaming Corporation (corporation) to license and regulate casino gaming and fantasy contests; allow the corporation to inspect all premises where casino gaming is conducted and seize any equipment or records related to casino gaming for the purposes of examination and inspection; require the corporation to promulgate administrative regulations related to casino gaming; create new sections of KRS Chapter 230 to establish licensing requirements for full casino, limited casino, and riverboat casino gaming; establish local option election requirements for the purpose of approving casino gaming; permit the corporation to solicit bids for the purpose of licensing casino gaming in a county; allow a limited casino license for racing associations that meet certain requirements; prohibit the sale or lease of gaming unless a person possesses a manufacturer or supplier license; prohibit a person under 21 years of age from placing a wager at a casino or accessing areas of a casino in which games are operated; require a licensee to compile a list of persons who are to be excluded from any licensed casino if they pose a threat to the interests of this state or to licensed gaming; establish requirements for any person seeking to register as a fantasy contest operator; prohibit a fantasy contest operator from offering a fantasy contest without a valid registration issued by the corporation; require the corporation to promulgate administrative regulations for the operation of fantasy contests; create a new section of KRS Chapter 138 to define terms and impose an excise tax and an admissions tax on gaming operations at casinos; amend KRS 68.182, 91.202, 92.282, 230.215, 230.225, and 230.232 to conform; amend KRS 243.500, 525.090, 528.010, 528.020, 528.070, 528.080, and 528.100 to exempt casino gaming and fantasy contests; EFFECTIVE July 1, 2025.