Slot Profits

Weirdly enough, there is only one track in the entire world that offers both horse racing and dog racing in the same place. Every other track is either one or the other. The historic Anthony Downs is that track, but if things continue the way they are, it may not be for much longer.

The track, as are all tracks, is hemorrhaging money. They need slot machines and/or table games to keep them going and they keep going to their state governments asking them for money to help them stay afloat. However, some governments are helping by legalizing slot machines or giving them some sort of subsidy, and others are unable to offer assistance.

That could change for the track however, as it looks as though Governor Kathleen Sebelius will be signing a gambling bill this week that will help them out. There is an expanded gambling bill out there that will allow some slot machines, but they won’t be able to go crazy with them.

As the races have been losing tens of thousands in each of the past three years, something had to be done. However, if you just let the track go on and go on, it will continue losing money and eventually would have to close. Revenue has been down, so this new bill should perk things up for them.

Back to Monthly Archive // Main Slot Machine News Index