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Business
2:56 pm
Wed April 25, 2012

Kentucky Court of Appeals Hears Arguments, will Decide Soon on Instant Racing

A decision is expected within six weeks over whether Instant Racing is legal in Kentucky. The state’s Court of Appeals heard arguments in the case Wednesday. Instant Racing is a slots-like game that Kentucky racetracks hope to use to boost race purses. But the Family Foundation of Kentucky says the game isn’t pari-mutuel betting like horse racing, but instead is closer to a slot machine.

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Business
9:38 am
Wed April 25, 2012

Legality of Instant Racing Considered in Frankfort

A Kentucky Court of Appeals panel Wednesday afternoon is hearing arguments on the legality of the slot machine-like Instant Racing game being used at Kentucky Downs in Franklin and approved for Ellis Park in Henderson. The Kentucky Horse Racing Commission last year approved Instant Racing, a game that lets gamblers place bets on old horse races using a machine similar to a slot machine.

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Business
11:22 am
Mon April 23, 2012

GM to Expand in China

Credit GM
Chairman Dan Akerson

General Motors  is announcing plans to open 600 new dealerships in China, despite a recent slowdown in sales growth.  The company is also planning to add assembly lines in that country.

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Business
11:27 am
Thu April 19, 2012

Taco Bell Sales Figures Rebound

In Louisville, executives with YUM Brands say Taco Bell's US sales have increased after a slump that had lasted nearly a year. The company went to court in 2011 to counter a suit in California, that claimed the company's beef and burrito mixes contained only about 35% beef. Taco Bell executives have maintained that their beef is 100 percent USDA inspected.

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