Can I offer contests that involve entry fees in Kentucky? What are the requirements?

Contests with entry fees in Kentucky

Based on the provided context documents, it appears that contests involving entry fees are not explicitly regulated by the Kentucky Economic Development Finance Authority or the Kentucky Horse Racing Commission ^[2.1][3.1]. However, it is important to note that contests involving horses may be the basis for a lottery, and the corporation must obtain necessary permission from the horse racing track or sponsoring authority involved ^[3.1].

It is recommended that you consult with a legal professional to ensure compliance with all applicable laws and regulations, as there may be other regulations or laws that apply to such contests ^[2.1][3.1].

Source(s):

• [2.1] Kentucky standardbred development fund – Contributions – Purposes – Distribution – Administrative regulations.
• [3.1] Contests involving horses may be basis for a lottery.

Jurisdiction

Kentucky

• Gaming