
Governor Considering Horse Betting
Governor Jennifer Granholm is trying to decide if adding what are
basically slot machines with horse racing to three Michigan horse
racing tracks is a good idea. The machines would allow gamblers to
place wagers on races that have already been won. If they are
approved, they could bring the state $50 million in revenue.
The machines have races in them that gamblers could try and determine
the winner of. They would purchase a plastic account card, then bet on
the race. The races would have a track name and race number but no
other information. The races will come from outside of the state, and
they can be as old as several years ago, or as recent as last week.
Then bettors just decide what horse and whether they want win, place
or show.
The machine shows the possible winning play offs, and when the bettor
has decided what they will wager, then the wagering closes and the
race plays on the screen. If they win, the money is credited to the
player’s card. The machines are called Horse Wizard, and Magna
Entertainment is the genius behind them.
The state’s constitution however, is pretty clear about the fact that
any sort of new player operated gaming device or expansion is only
possible with a statewide referendum. Horse track owners say that the
machines are already legal, but critics say that they aren’t.
According to the governor’s camp, she has not made a decision, but
considering their current budget crisis they could not afford to not
consider all options.
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