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Belmont Sneaks Slot Machines
Slot machines have become a necessity for almost
all gambling establishments. Many raceways, especially horse racing
tracks have installed slot machines just as a way to pay the bills.
Slot machines give gamblers a reason to come to the track when there are
not any big races at hand. When there are big races, revenues from slot
machines have been used to sweeten the purse to attract more big name
horse teams.
Kentucky, currently caught up in a legal battle
against online casinos, has been shooting itself in the foot for years.
By not allowing slot machines as their racing facilities they have
failed miserably to compete with neighboring states.
A greyhound racetrack in Belmont, New Hampshire is
looking to increase revenue, not by installing slot machines, but
terminals modeled after slot machines that allow gamblers to wager on
the outcome of old horse races.
They are intending to use the machines the same way
other tracks use slot machines, to attract more guests and to bring more
money to the track. Those opposed to the idea of the machines have
outright accused them of trying to sneak slot machine into New
Hampshire.
However, the machines are not slot machines. They
are called Instant Racing Terminals. Proponents point out that gambling
on footage of old races is in no way different from gambling on live
races or simulcast races. Bets on the machines are pooled in a manner
known as pari-mutuel betting. On a slot machine, players bets are
pitted against the machine itself.
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