Racino Legislation Introduced in Minnesota
By Blood-Horse Staff
Updated: Monday, March 21, 2011 3:35 PM
Posted: Monday, March 21, 2011 2:45 PM
Minnesota state Senator Dave Senjem (R-Rochester) and Representative Bob Gunther (R-Fairmont) introduced legislation that would permit the operation of video lottery terminals at Minnesota’s two state-regulated racetracks. Both said the proposal, if passed, would lead to more jobs and economic growth in the state.
“Based on the results that racinos have shown in other states around the country, there is no question that racinos will be a powerful job creator for the state of Minnesota,” said Senjem in a statement. “The success of similar legislation in states such as Pennsylvania shows that racinos will provide thousands of jobs within a state’s agricultural, hospitality and construction industries.”
The proposed legislation would allow the Minnesota State Lottery to operate video lottery terminals at Canterbury Park in Shakopee and Running Aces Harness Park in Columbus. According to the bill’s authors, the legislation creates the Minnesota Future Fund, which “will provide dollars needed for both new and existing businesses to grow jobs and expand the state’s economy.”
After operating expenses, the remaining revenue from the VLTs would go to the Minnesota Future Fund and to benefit the development of Minnesota’s horse industry, according to a release from Senjem and Gunther.
“The University of Minnesota once estimated that the impact of Minnesota’s horse industry was nearly a billion dollars, but Minnesota’s breeding and equine development investments have slipped since other states have offered a more robust purse structure for horse racing,” Gunther said.
“Racinos will create jobs for grain and hay growers, veterinarians, blacksmiths, breeders, trainers, and many more individuals in rural Minnesota. These are exactly the types of jobs we need to focus on creating throughout the entire state.” Gunther continued.
State Sen. Dan Sparks (DFL-Austin), chief author of similar legislation in 2010, said he supports the new measure.
“Racino legislation is an excellent example of legislation that both sides of the aisle should be able to agree on,” Sparks said in a statement. “Racinos are a proven way to create thousands of jobs statewide and make lasting investments in economic development. That’s why more than 75% of Minnesotans expect us to join together and pass this bill.”
The bill is expected to be heard in legislative committees prior to the end of March.
End
Both said the proposal, if passed, would lead to more jobs and economic growth in the state.
“Based on the results that racinos have shown in other states around the country, there is no question that racinos will be a powerful job creator for the state of Minnesota,” said Senjem in a statement.
“The success of similar legislation in states such as Pennsylvania shows that racinos will provide thousands of jobs within a state’s agricultural, hospitality and construction industries.”
We all know it in the Racing Industry here in Michigan as well.
These are facts and figures you just can’t argue with. And who would want to?
https://longshotsblues.wordpress.com/2011/01/20/gov-rick-snyder-inauguration-speech-and-not-leave-some-behind-does-this-include-the-michigan-horse-racing-industry/
https://longshotsblues.wordpress.com/2010/07/19/indiana-downs-sets-handle-record-anybody-listening-michigan/
https://longshotsblues.wordpress.com/2010/12/03/illinois-racetracks-next-on-the-block-for-slots/
https://longshotsblues.wordpress.com/2011/01/03/racetracks-vs-racinoss-it-not-hard-to-see-which-ones-are-thriving-and-which-are-dying-charles-town-louisiana-up-in-handle-purse-increases/
https://longshotsblues.wordpress.com/2011/02/06/purses-increase-again-at-the-fair-grounds/
The Revenue that could really be brought into Michigan. It sure beats robbing senior citizens pensions and the attempt to bust our unions. Slots and Full blown gaming into our Horse Racing Tracks ( already gambling establishments ) not only saves an Industry that has existed in Michigan legally since 1933 that already employs 12,000-15,000 jobs. But it Brings more Revenue into the State by the Multi-Millions.
Just ask Indiana where they were prior to and after implementing gaming at their race tracks.
After all Michigan did dissolve our Office of Racing Commissioner in 2009 and take us from Agriculture where we have been from the start and place Horse Racing under Gaming.
So why shouldn’t we then be allowed that Gaming? A fair playing field that would gain so much more for all of us in Michigan.
These Stats just don’t lie.
American Gaming Association
States with Racinos
Delaware Racetrack Casinos
Florida Racetrack Casinos
Indiana Racetrack Casinos
Iowa Racetrack Casinos
Louisiana Racetrack Casinos
Maine Racetrack Casinos
New Mexico Racetrack Casinos
New York Racetrack Casinos
Oklahoma Racetrack Casinos
Pennsylvania Racetrack Casinos
Rhode Island Racetrack Casinos
West Virginia Racetrack Casinos
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Minnesota State Senator & Representative Introduce Racino Legislation
Racino Legislation Introduced in Minnesota
Posted: Monday, March 21, 2011 2:45 PM
“Based on the results that racinos have shown in other states around the country, there is no question that racinos will be a powerful job creator for the state of Minnesota,” said Senjem in a statement. “The success of similar legislation in states such as Pennsylvania shows that racinos will provide thousands of jobs within a state’s agricultural, hospitality and construction industries.”
The proposed legislation would allow the Minnesota State Lottery to operate video lottery terminals at Canterbury Park in Shakopee and Running Aces Harness Park in Columbus. According to the bill’s authors, the legislation creates the Minnesota Future Fund, which “will provide dollars needed for both new and existing businesses to grow jobs and expand the state’s economy.”
After operating expenses, the remaining revenue from the VLTs would go to the Minnesota Future Fund and to benefit the development of Minnesota’s horse industry, according to a release from Senjem and Gunther.
“The University of Minnesota once estimated that the impact of Minnesota’s horse industry was nearly a billion dollars, but Minnesota’s breeding and equine development investments have slipped since other states have offered a more robust purse structure for horse racing,” Gunther said.
“Racinos will create jobs for grain and hay growers, veterinarians, blacksmiths, breeders, trainers, and many more individuals in rural Minnesota. These are exactly the types of jobs we need to focus on creating throughout the entire state.” Gunther continued.
State Sen. Dan Sparks (DFL-Austin), chief author of similar legislation in 2010, said he supports the new measure.
“Racino legislation is an excellent example of legislation that both sides of the aisle should be able to agree on,” Sparks said in a statement. “Racinos are a proven way to create thousands of jobs statewide and make lasting investments in economic development. That’s why more than 75% of Minnesotans expect us to join together and pass this bill.”
The bill is expected to be heard in legislative committees prior to the end of March.
End
Both said the proposal, if passed, would lead to more jobs and economic growth in the state.
“Based on the results that racinos have shown in other states around the country, there is no question that racinos will be a powerful job creator for the state of Minnesota,” said Senjem in a statement.
“The success of similar legislation in states such as Pennsylvania shows that racinos will provide thousands of jobs within a state’s agricultural, hospitality and construction industries.”
We all know it in the Racing Industry here in Michigan as well.
These are facts and figures you just can’t argue with. And who would want to?
https://longshotsblues.wordpress.com/2011/01/20/gov-rick-snyder-inauguration-speech-and-not-leave-some-behind-does-this-include-the-michigan-horse-racing-industry/
https://longshotsblues.wordpress.com/2010/07/19/indiana-downs-sets-handle-record-anybody-listening-michigan/
https://longshotsblues.wordpress.com/2010/12/03/illinois-racetracks-next-on-the-block-for-slots/
https://longshotsblues.wordpress.com/2011/01/03/racetracks-vs-racinoss-it-not-hard-to-see-which-ones-are-thriving-and-which-are-dying-charles-town-louisiana-up-in-handle-purse-increases/
https://longshotsblues.wordpress.com/2011/02/06/purses-increase-again-at-the-fair-grounds/
The Revenue that could really be brought into Michigan. It sure beats robbing senior citizens pensions and the attempt to bust our unions. Slots and Full blown gaming into our Horse Racing Tracks ( already gambling establishments ) not only saves an Industry that has existed in Michigan legally since 1933 that already employs 12,000-15,000 jobs. But it Brings more Revenue into the State by the Multi-Millions.
Just ask Indiana where they were prior to and after implementing gaming at their race tracks.
After all Michigan did dissolve our Office of Racing Commissioner in 2009 and take us from Agriculture where we have been from the start and place Horse Racing under Gaming.
So why shouldn’t we then be allowed that Gaming? A fair playing field that would gain so much more for all of us in Michigan.
These Stats just don’t lie.
American Gaming Association
States with Racinos
Delaware Racetrack Casinos
Source:Delaware Lottery, individual properties
1Employment data from 2008 was used for one property in Delaware that declined to participate in the data collection.
Florida Racetrack Casinos
Source:Florida Department of Business and Professional Regulation, individual properties
1This figure only represents what operators retain after state taxes are collected. It does not take into account what operators allocate to horse and dog breeders’ funds, local authorities and public gambling awareness. Thus, the percentage of revenue retained by operators is actually significantly lower than this 50 percent figure.
Indiana Racetrack Casinos
Sources: Casino Association of Indiana, Indiana Gaming Commission
Iowa Racetrack Casinos
Source: Iowa Racing and Gaming Commission
Louisiana Racetrack Casinos
Source: Louisiana Gaming Control Board, individual properties
Maine Racetrack Casinos
Source: Maine Gambling Control Board, Penn National Gaming, Inc.
New Mexico Racetrack Casinos
Source: New Mexico Gaming Control Board, individual properties
New York Racetrack Casinos
Source: New York Racing and Wagering Board, New York Lottery
Oklahoma Racetrack Casinos
Source:Oklahoma Horse Racing Commission, State of Oklahoma – Office of the State Auditor and Inspector
1Employment numbers for Oklahoma racinos are based on the three properties that were open during 11 months of 2009. At the end of 2009, only two properties remained open.
Pennsylvania Racetrack Casinos
Source: Pennsylvania Gaming Control Board, individual properties
Rhode Island Racetrack Casinos
Source:Rhode Island Lottery, individual properties
12008 employment data was used for one property in Rhode Island that declined to participate in data collection this year.
2 FY 2009 data was used to calculate revenue retained by operator.
West Virginia Racetrack Casinos
Source: West Virginia Lottery, individual properties
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Filed under Commentary, Governor Snyder, Horse Racing, Mi. Standard-bred Horse Racing, Michigan Governor Rick Snyder, Michigan Horse Racing, Michigan Politics, Michigan Quarter-Horse Racing, Michigan Thoroughbred Horse Racing, News, Politics, Racinos, Thoroughbred Horse Racing
Tagged as Bloodhorse, Canterbury Park, Minnesota Racino Legislation, Representative Bob Gunther (R-Fairmont), Running Aces Harness Park, Senator Dave Senjem (R-Rochester), State Sen. Dan Sparks (DFL-Austin)