In 2009 Michigan Governor Granholm after 75 years threw Horse Racing here to the wolves. Citing this reason the ORC was being dissolved: NO MORE FUNDING available.
Well it would seem now Michigan has a surplus of $429,000,000.00 and doesn’t know what to do with it. And everybody and their cousin is after it. Wasn’t the Lottery designed to fund the schools? Then why aren’t they?
Since 1933 there was an Industry that at one time generated over $400 Million per year to this State and it was HORSE RACING.
Filed under Detroit News, Governor Snyder, Michigan Governor Rick Snyder, Michigan Horse Racing, Michigan Horse Racing News, Michigan News, Michigan Politics, Michigan Thoroughbred Horse Racing, Michigan Thoroughbred Horse Racing History, Pinnacle Race Course, Politics, Racinos, The Michigan Gaming Control Board
This was a Report given to The House of Representatives in October 1999 about and directly on Horse Racing. 11 Years Ago
CHALLENGES TO MICHIGAN’S HORSE RACING INDUSTRY
Prepared by: Craig Thiel, Fiscal Analyst October 1999
Mitchell E. Bean, Interim Director – HOUSE FISCAL AGENCY
Filed under Detroit Music, Government, Horse Racing, Law, Michigan Horse Racing, Michigan Horse Racing News, Michigan News, Michigan Thoroughbred Horse Racing History, News, Pinnacle Race Course, Politics, Sports
Tom Gantert going in circles on his now SERIES? LOL
Filed under Breaking News, Detroit News, Horse Racing, Law, Michigan Horse Racing, Michigan Horse Racing News, Michigan News, Michigan Thoroughbred Horse Racing History, News, Politics, Sports
State Officials use the Law finally to help a Troubled Business Officials from the Michigan Economic Development Corporation – the state’s flagship economic development agency – changed their mind about not giving a now-financially troubled race track millions in tax subsidies. This came after an original rejection of the deal by the MEDC led to queries from top Wayne County executives and the governor’s office.
Thank God somebody has come to their senses.
DEMANDS, DEMANDS, DEMANDS
$$$$$$$$$$$$$$$$$$$$, More $$$$$$$$$$$$$$$$$$$$, More $$$$$$$$$$$$$$$$
Blog Posted Aug. 26th @8:40pm
Gary Tinkle on the HBPA site brought up this point last year on how Governor Granholm and Michigan can give The Movie Industry a 42% tax break from Graholm to exist here. Which cost Mi. $120 Million in Revenue. But Horse Racing got 0% Tax break, which brings in over $400 Million.
And I put it in Several Blogs. October 29, 2009
MICHIGAN IS TOO BROKE TO FUND HORSE RACING.
July 19, 2010…
Indiana Downs Sets Handle Record. ANYBODY LISTENING MICHIGAN?
But now The Detroit News’s Nolan Finely has taken notice as well.
Last Updated: August 26. 2010 1:00AM
Michigan woos films, but lets horse racing tracks wither
From The Detroit News: http://www.detnews.com/article/20100826/OPINION03/8260339/1467/OPINION01/Michigan-woos-films–but-lets-horse-racing-tracks-wither#ixzz0xlgUtZmg
This is why Michigan is failing in so many realms. They have soooooo much money they don’t need NOTHING. Do You Michigan?
Dirty Damn Shame.
Pinnacle track thundering toward finish
From the HBPA Website
STATE REVENUE FROM THE 3.5% SIMULCAST TAX CURRENT FISCAL YEAR: OCTOBER 1, 2009-JUNE 6,2010
This is what Michigan wants to throw away. MUCH NEEDED REVENUE. Well if Michigan doesn’t want it and since Horse Racing generates it. Why are the Thoroughbred Horsemen having to BUY BACK DATES WITH OUR PURSES?
Well it’s off to the MGCB for the Horsemen’s Benevolent Protection Association in Michigan to attempt to seal an agreement with Pinnacle for the upcoming very short meet for 2010.
Signed, Sealed and Delivered!
Michigan Horse Racing lives to see another day.
Senate Passes Bill HB-4311, November 5, 2009
Roll Call # 536
Yeas 91 Nays 12
Governor Granholm is expected to sign the Bill, Friday November 6, 2009 at 11:00 am.
ALL SIMULCASTING AND LIVE RACING WILL HALT FRIDAY NOVEMBER 6, BREEDERS CUP WEEKEND.
STATE REVENUE FROM THE 3.5% SIMULCAST TAX FROM JAN.1 THROUGH 11/1/2009 $5,341,057.00
CONTACT SENATORS NOW!!!
The Breeders Cup this year is on Friday November 6th & 7th.
Our HBPA here in Michigan was notified Thursday Oct. 22
Also a link to MHHA also stated same message with the Urgency for action.
Because of the ORC LAYOFFS: The Michigan HBPA was notified that effective November 5, 2009, due to the Governor’s veto of the funding for the ORC, that all ORC will be laid-off. That will cease all racing activity to include live and simulcasting statewide.