Instant Racing, the slot-like wagering system in which the outcome of the gaming is largely determined by the outcome of a randomly selected race that is unknown to the player until a choice is made, is not precluded by Kentucky state law, according to a nine-page opinion issued by the state’s attorney general. Offering Instant Racing at Ky. racetracks could boost race purses by tens of millions of dollars, proving once again that budget considerations trump phony moral outrage every day of the week. Read more.