$27 million in tax incentives for Corbin (Ky.) harness trackOctober 19, 2021,
Columbus, OH – In a story posted on the Owensboro (Ky.) Messenger-Inquirer website, Steve Bittenbender from The Center Square reports that the Kentucky tourism authority approved $27 million in incentives for planned racing and gaming venues on Monday (Oct. 18).
Bittenbender reports that “The Kentucky Tourism Development Finance Authority on Monday gave final approval for tax incentives on a planned harness racing track and satellite historical horse racing (HHR) parlor in southeastern Kentucky that will be a joint venture by Keeneland and the principal owners of Kentucky Downs.
“The authority, in its only action of the virtual meeting, voted unanimously for the ECL Corbin LLC project in open session after a 15-minute discussion in closed session.
“ECL Corbin plans a harness track in Corbin, which is about 75 miles south of Lexington. The new track will be the third harness facility in the state and allow for a longer racing schedule. The joint venture also will operate an HHR parlor in Williamsburg, about 15 miles south of Corbin and 10 miles from the Tennessee state line.”
To read the complete story, click here.