Racetracks Embrace Historical Racing As Casino Alternative

As attendance at racetracks across the United States continues to decline, track owners and breeders continue to lobby state legislatures to legalize historic racing terminals as a way to generate extra money to increase race purses.

Also known as instant racing machines, the devices allow betting on videos of past races where the names of horses and jockeys remain unknown until after a wager is made and the video starts.

Currently, Illinois, North Dakota, Montana and New Hampshire are considering bills or proposed regulations to legalize the terminals despite opposition from charitable organizations, tribal casinos and commercial gaming interests.

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