Horse Racing Needs Help

The Texas Racing Commission has been asking for slot machines for years, and this year is no different. They say that with residents able to go over the state line to play slot machines at the tracks over there, why would they stick around where they are not given that option? They want help getting the slot machines so that they can compete in the market and keep some of Texans’ revenue in state.

Officials that oversee the industry are taking another avenue to accomplish the same goal. They went to the Capitol and told them that they need a bail out. They say that they need emergency funds to keep their doors open, and that the fact that they are in trouble means that the state is as well because they cannot pay the state what they owe them in “uncashed bets.”

They are asking the governor for an emergency grant, and couldn’t help but add that if they were allowed to have slot machines that they probably would not need such a bail out. There are many within the state that agree. They think that slot machines are a good way to bring in additional revenue to the state, as well as keep and increase jobs. If the tracks close, there will be hundreds of people out of work.

They say that they have had a decrease in attendance because people are choosing to go to those states that have slot machines instead of those that don’t because it allows them another form of gambling. They say that to survive they will need to offer them as well.

 

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