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Sunday, February 13, 2011

Racinos destroy racing

The wildly profitable Gambling Industry spends buckets of money on polls and surveys to determine the most effective sound bytes and propaganda to sell Predatory Gambling.

Many legislators, otherwise wise, believe and repeat that propaganda like Bobble Heads, without thought, research or facts.

Beacon Hill isn't the only isolated enclave spewing such propaganda, but the one closest to my tax dollar.

House Speaker "Racino" DeLeo is aggressively campaigning for Slots at tracks, since two of those failing/failed tracks are in his district [of questionable ethics and legality].

The Commonwealth of Massachusetts has the opportunity to carefully consider the failures of other states before embarking on a failed course of its own.

They may want to consider:

“In fact, the racino proposal only shifts jobs from rural Minnesota to the metro area for no net job gain. And in state after state, where racinos have been authorized, live racing has declined.”

This article raises the issue of Minnesota taxpayer subsidizing the costs and impacts of Tribal Casinos in their state, providing Tribes with a free ride:
With Governor On Sidelines, Minnesota Set For Slots Showdown

Again, it is Minnesota’s 11 Indian tribes that are expected to prove the major obstacle in the way of expanded gambling legislation this year.

Unlike other states including California and Connecticut, Minnesota tribes are not required under the terms of their compacts to split casino revenues with the state government.

The compacts are also written in perpetuity – without recourse for the state to renegotiate the deals unless the tribes also agree to do so.

“The ‘Racino Now’ advocates claim that their proposal will create more jobs and benefit the horse racing industry,” MIGA states on its website.

“In fact, the racino proposal only shifts jobs from rural Minnesota to the metro area for no net job gain. And in state after state, where racinos have been authorized, live racing has declined.”

No less than 42 lobbyists have been retained by tribal interests to monitor expanded gambling legislation in St. Paul this year, Racino Now’s Day said.
[In common revolving door fashion, Dick Day, a former Minnesota state senator is now lobbyist for Racino Now, a group advocating for slots at racetracks.]




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