KENTUCKY — According to Reuters, the most recent economic impact study commissioned shows in a non-COVID year, the Kentucky Derby has a $400 million economic impact on the region.

Statewide, the equine industry has a $4 billion impact, generating more than 55,000 jobs.

During this In Focus Kentucky segment, State Sen. Damon Thayer, R-Georgetown, discusses the impact of fans returning to this year’s Oaks and Derby races at Churchill Downs.

Thayer also explains details about Senate Bill 120, which is legislation involving historical horse racing and what impact this will have on the Commonwealth.