New KY Facility Has Groundbreaking
Gov. Andy Beshear joined local leaders and Kentucky Downs and Keeneland representatives to celebrate the official groundbreaking of a new horse racing facility in Williamsburg, Kentucky on Tuesday (Oct. 19).
The Cumberland Mint racing facility will feature two different locations approximately 15 miles apart. The Gaming Hall in Williamsburg will feature Historical Horse Racing Machines, simulcasting, a sports bar and dining. The racing facility, located in Corbin, will hold standardbred racing. Groundbreaking for the racing facility is expected soon.
"Kentucky is the undisputed horse capital of the world, with a long and rich history here in the commonwealth. Today's announcement shows the best days for horse racing and tourism in our state are still ahead of us," Gov. Beshear said.
"We are thrilled to continue our investment in the commonwealth and build off the model at Kentucky Downs to grow the racing product for all breeds, and we are appreciative of the community embracing this project and look forward to the positive impact to the region," said ECL Corbin LLC partner Ron Winchell.
The project represents a joint venture between Kentucky Downs and Keeneland. The $90 million investment project will ensure the commonwealth's legendary horse racing industry generates economic value for the local community.
(KHHA)