"We would welcome dog racing or anything else that helps improve club finances, but we are still waiting to see detailed plans.
"Meanwhile, we have attracted a couple of other football interests in the club."
Kyles could not yet say whether any deal would lead to a owner Pearse Flynn relinquishing a controlling interest in the club.
But Flynn later told BBC Sport: "I have six businesses and any one of them is for sale - if I get the right offer."
However, he also stressed that all the recent approaches had been unsolicited and, when asked if Livingston was facing a possible future without a football team, replied: "No chance."
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