Virgin Islands: Senate Approves Plan To Revitalize Racing Industry

by | 12.01.2016 | 3:29pm
Top: Artist rendering of renovated Randall 'Doc' James Racetrack. Bottom: Artist rendering of renovated Clinton Phipps Racetrack

After a marathon legislative session that lasted over 15 hours, lawmakers in the Virgin Islands approved a franchise agreement meant to revitalize the horse racing industry on the islands.

The Virgin Islands Consortium reports that the senate approved the proposal between Gov. Kenneth Mapp's administration and VIGL Operations, LLC, which is worth an estimated $27 million.

The publication reports that the proposal has VIGL spending $27 million to rebuild the racetracks in St. Thomas and St. Croix. In addition, the current law would be changed to allow VIGL to operation video slot machines at both facilities.

Other main points of the new 20-year lease agreement are – combining the two racing commissions into one governing body; increasing the taxes on slot machine gambling; increasing race purses to fund a minimum of 18 live races for the first three years, and a minimum of a combined 24 live races thereafter between the St. Thomas and St. Croix facilities.

Read more in The Virgin Islands Consortium

  • Jane Castruccio

    This is a terrible idea. There is no money in the VI. Another scam set-up and horses will pay the price. Somebody got paid off is the only reason this is happening. The VI is broke broke broke. Let them have their slots but do not let them bring in horses!

    • Rapunzel

      I’M SORRY FOR THE HORSES….I HATE TO EVEN THINK ABOUT WHAT THEY DO WITH HORSES AFTER GREEDY OWNERS CAN’T MAKE ANYMORE $$$
      FOR THEM. HORSE & DOG RACING SHOULD BE OUTLAWED!!

  • R.A.C.E. Fund, Inc.

    What is going to happen to the horses after they cannot race? Did the Senate provide for any funds to start an aftercare program for horses on the Island? The welfare of the horses must be at the forefront here as there is limited places for horses to go.

  • Anil

    This is a good deal for all. The horsemen of the Virgin Islands have been struggling for years. The Virgin Islands racetracks are the only one in the USA that is actually attracting new fans. If you go to the races there are always huge numbers oc young people and family.

  • riatea

    In the artist’ rendering the crowd is segregated.

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