Blount: Horse industry needs racino

  • Article by: RACHEL BLOUNT , Star Tribune
  • Updated: January 24, 2012 - 6:17 AM

Expanded gambling would give Minnesota's horse racing industry a chance to rebuild its financial base.

  • 37
  • Comments

  • Results per page:
tatehiyuJan. 23, 1210:03 PM

omg, give it a rest, how about horse racing doesn't work! can't afford my horses either!

11
28
proactive11Jan. 23, 1211:53 PM

Good article. If we lose horse racing we lose many jobs, if we pass the racino we'll sustain the horse racing industry, create more jobs and add much needed revenue to the state tax free. Sounds like a winner!

28
10
asmithe2Jan. 23, 1211:58 PM

The Star Tribune article on Sunday about how the state's existing slot machines are not being closely watched makes me really wonder what these people are thinking suggesting that we add ANOTHER 4,000 slot machines. Once the state gets their house in order, then we can start talking about how to regulate a Racino. Until then, this will remain a terrible idea.

10
27
shopsurferJan. 24, 1212:37 AM

Canterbury was a great idea at first, a real money maker. Turns out it was struggling to make a profit, and needed more gambling. Now that the card-club doesn't seem to sustain the industry, MORE gambling is necessary? Gambling two different ways didn't support the industry, so Canterbury Park now needs more? Well, gambling and sports teams are out. I really must find myself a racket that bends the will of lawmakers and citizens to continue my failures.

7
26
aladdinsaneJan. 24, 12 2:18 AM

I seem to remember Canterbury having problems as far back as the 1990s. I know there was some mismanagement and a succession of sales involved, but still . . . if it can't survive on its own merits as a racing track maybe it's time to let the creative destruction of capitalism do it in.

9
19
dueffertJan. 24, 12 6:59 AM

There are too many lobbyists persuading our elected officials, with reelection donations, to not expand gambling. The truth is the expansion is still happening but the growth is going towards established casinos and now even electronic pull-tabs are on the table. Our representatives need to look at the big picture and see that Racino is a win-win for agriculture, the horse industry and for the State’s general fund. But I'm afraid they will not. BPMoose

23
3
plainyjainieJan. 24, 12 7:42 AM

Its not going to happen as long as the legislature is allowed to be bought off by the tribes. Only 2 things we can do now. 1) Contact your representitive and tell them you won't vote for anyone that supports the monopoly by the casinos. 2) Boycott the casinos by spending your entertainment dollars elsewhere. At the very least they are non taxpaying unregulated smoke filled holes - why support them?

27
4
vorenusJan. 24, 12 8:30 AM

It seems that the same people who claim to love the free market and complain about bailouts, are all to eager to give money to NFL team owners and now the horse racing industry. These facilities need to operate on their own merit. Take Running Aces for example. The original owners knew that harness racing was not a viable product to sustain a business, but along with an eager local city council, built a facility anyway, doubling down on the bet that they could turn it into a racino. Those owners are long gone, unable to wait. If it weren't for the fact that they were able to get a card club out there, that place would be nothing but a weekend flea market by now.

6
15
heffayJan. 24, 12 8:39 AM

Racinos go bankrupt too. There were a couple in Indiana that just went under over the past couple of years. Racinos aren't guaranteed to solve anything.

4
16
tatehiyuJan. 24, 12 9:16 AM

thats right. the real monopoly is the NFL. 32 owners limiting the amount of teams avail to play the public for funding stadiums. realize that the season almost did not start over 9, yes say it NINE BILLION dollars of TV money. as we can plainy see (jainie), the wilf jus aint makin enuff mony.

3
3

Comment on this story   |  

ADVERTISEMENT

Connect with twitterConnect with facebookConnect with Google+Connect with PinterestConnect with PinterestConnect with RssfeedConnect with email newsletters

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT