Slot Machines May Not Save Them

According to experts it looks like slot machines might come to the state’s racetracks – but it may not come in time to save Raynham Park from having to close their doors. There have been a lot of people in the state that have wanted to see slot machines legalized and a big part of that argument has been that they have to save the tracks – especially Raynham Park. 

But they are now thinking that even if slot machines are able to come in at this late date that it might not make any difference. That the amount of money needed to save the park is not enough at this late date and that the money needed to come sooner than this. The track looks like it is going to have to close their doors come January 1^st which would put more than 600 people out of work. 

The problem is that even if slot machines are legalized today – it will take about a year for all of the licensing and regulations to come through that it would make it worthwhile. There will be other tracks that will benefit from the use of the slot machines, but not Raynham. They will be closing as of the first unless a large sum of money comes in from another outside source. 

But the track says that even if the slot machines were legalized and the track was given a reprieve somehow that this does not solve the ultimate problem and that is how to pay back al of the debt that they have gotten themselves into at this point. They say that there are more changes that need to happen that don’t have anything to do with the slot machines – rather there are a whole host of other problems that need to be addressed.