Legislators hoping to rescue horse racing in Michigan
There once were 25,000 people that were employed by the horse racing industry in Michigan. That number has dwindled to 9,000, and without legislative action, many fear that figure will fall even more.
A bill that’s been working its way through the state legislature would revamp the state’s existing Horse Racing Act in a way that horse racing groups say will improve their financial situation. If the legislation is approved, it would allow gambling on historical racing, also known as Instant Racing. The machines would be allowed only at racetracks in the state.
The legislation is opposed by casinos in the state, which successfully promoted a 2004 proposal that banned slots and other forms of video gambling at tracks.
Michigan Governor Rick Snyder has stated that for now, this issue ‘is not his agenda’.
