Louisiana can be held as a prime example of how
slot machines can act as a life line for horse racing tracks. It
is not uncommon for many people to get the idea that horse racing is an
outmoded form of entertainment that needs to be protected from
advancements like online casinos. That simply is not the case.
If anything is outmoded about race tracks it is the management and the
legislation in some states.
Tracks in Louisiana are left nothing wanting,
thanks to slot machines. Slot machines not only beef up purses, keeping
tracks relevant and competitive, but slot machines also support the
horse breeding industry in the state.
One decade ago Louisiana was facing the very real
possibility of losing two of it four horse racing tracks and needed to
take action. The action they chose was the legalization of slot
machines and negotiating splits casino management and horsemen. This
put the Louisiana tracks on the right path. Today, revenues are more
than stable at all four tracks and 8,900 people have a secure place of
employment.
Nothing about tracks in Louisiana seems dated or
outmoded. Slot machines provide cash to purses and breeding. There is
still a very health draw to the industry in this state.
Louisiana Fairgrounds is not only the premiere park in the state, it is
also the longest continually operating track in the country. Ironically
it is owned by Churchill Downs. Governor Steve Beshear in Kentucky is
busy trying to save Churchill Downs by attacking online casinos and the
Internet itself. Perhaps some one at the track should take away
Beshears prohibition clever and suggest to him a scalpel in the form of
slot machines.