June 19, 2009
Contact: Martin Cothran
"We should be saddling horses, not taxpayers," said Martin Cothran, spokesman for Say No To Casinos. Cothran charged that taxpayers were being saddled with over a billion in debt to bail out wealthy horse racing tracks.
"At a time when many Kentucky taxpayers are struggling to pay their mortgages, state lawmakers in the House just voted to saddle taxpayers with the biggest mortgage since 1990 to bail out wealthy horse tracks, some of which pay their top executives millions of dollars in wages and benefits. There is no guarantee that we can pay this back."
"State lawmakers just foreclosed on common sense," said Cothran. "Unless the Senate stops this, financial irresponsibility will be Kentucky's signature industry."
The comments came after the House approved slots legislation with just 1 vote over the needed 51 votes – 52 to 45.