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The Minnesota Budget Is Looming; Is The Racino Option In The Cards?

Published: February 14, 2011 1:33 pm ET

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With money tight everywhere, state budgets a challenge, and deficits not going away, when racino proponents come out and say they can provide instantaneous revenue for the state, it is hard for the decision makers to not listen.

An article by minnpost.com explains that Minnesota Governor Mark Dayton will be releasing his budget Tuesday, February 15, and the monetary pluses from the possibility of expanded gaming in the state -- most notably, racinos -- could be factored into his decision.

Former Senator Dick Day, head spokesman for Racino Now, has been quoted in the minnpost.com piece as saying "A racino could be up and running in four months" and that "We wheel in a thousand [slot] machines. In four months, we start kicking money back to you."

Combined with the usually-hefty upfront licensing fee, the racino option offers a bit of a 'quick fix' for states that have the tough task of making their numbers work.

Minnesota's Canterbury Park for thoroughbreds and Running Aces for standardbreds -- along with all associated horsepeople -- would emerge as the big winners if the racino option is taken in the state.

(With files from minnpost.com)

Related Stories

Running Aces Launches Racino Campaign
Minn. Gov. Dayton: Gaming Profits Would Have To Go To Public, Not Private Interest
'Racino Now, ' Dick Day Trumpet Minnesota Gaming Expansion To The Masses


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