California Bill to Place Gambling Machines at Tracks
California's horse racing industry, hoping to reverse declining fortunes, proposed legislation Wednesday to authorize nearly 13,000 new video gambling machines at racetracks across the state.
Las Vegas-style slot machines are legal in California only on Indian reservations, and tribes have lobbied hard in the Legislature and at the polls to defend that monopoly.
Tracks have developed new "instant horse racing" machines. With flashing lights, the brightly colored machines look like slots and are activated when gamblers bet a quarter or more.
But they are built in such a way that they mimic betting on a race and thus are not explicitly prohibited under state law, industry executives say. The legislation, which could be heard as early as Tuesday, seeks to specify how proceeds would be split. Much of the revenue would be poured back into horse racing in the form of richer purses.
June 23, 2006
Posted By Bob Hartman
Staff Editor, CasinoGamblingWeb.com
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