Tracks Prepping for Slot Machines

Ever since the Indiana state legislature decided to allow slot machines at their tracks, the horse tracks have been in overload mode trying to get ready as fast as they can. Now that the tracks can have slot machines, they aren’t wasting any time getting them in.

Both tracks, Indian Downs and Hoosier Park, have been approved for slot machines, and now they have to figure out where to put them. They have to start construction projects that will expand their current facilities to allow room for the slot machines.

Indiana Downs has already submitted their request to the Indiana Horse Racing Commission to expand their facilities. They are looking to spend $300,000 on new stables at the Shelby County track.

They will each be allowed 2,000 slot machines under the new ruling, so they will have to either construct separate facilities to house them or they will have to expand what they have. Both say that they may have to create temporary structures just so they can start generating revenue from the slot machines.

The slot machine licenses as well as the construction costs are going to be in the millions, in fact each track has to pay the state $250 million over the next two years. That just gives them the right to have the slot machines, and does not include any monies that will need to be spent on construction.




Back to June Archive or Slot Machines