Deal reached to renew horse racing purse subsidies from AC casinos
An agreement to renew horse racing purse subsidies from the Atlantic City casinos was announced tonight, likely allowing Monmouth Park to offer purses to equal or exceed past levels when the thoroughbred racing season opens at the Oceanport track on May 9.
Related Casino News:
- Racetrack-casino deal wins Legislature’s OK
- Tracks to get $90M deal from casinos
- Md. Senate OKs horse racing purse change
- Md. Senate approves horse racing purse change
- Owners may bag small-purse stakes
- Agreement Reached on Calder Contracts
- Horse Racing Action and Sports Betting
- Visualising major horse races
- Internet gambling limits advance; horse racing would remain exempt
- Horse Racing: Horse racing betting produces record return
- Horse racing industry would cash in on slots
- Video slots a salvation for Ohio’s seven horse tracks, says racing commission
Casino gambling facts:
- Massachusetts decriminalized bingo in 1931 in an attempt to help churches and charitable organizations raise money. Bingo was legal in 11 states by the 1950s, usually only for charity purposes.
- The MGM Grand, situated on the a Las Vegas strip has come up with a brand new slogan to promote the casino, "Think of all the New Year's resolutions you'll break." Some say it might even rival the famous Las Vegas catchphrase, "What happens here, stays here."
- If you are planning a trip to Las Vegas, be sure to take advantage of the free sights and attractions. They include - Fremont Street Experience, the Fountains of Bellagio, the Sirens of TI, Volcano at the Mirage, tiger display at the entrance of the Mirage, tour of Ethel M's Chocolate Factory, Bellagio Botanical Gardens, Masquerade Show in the Sky at the Rio, Hand of Faith at the Golden Nugget, landmark replicas at the Paris and the Venetian properties and more.
- In 1978, New Jersey became the second state to legalize casino gambling in an attempt to revitalize the rundown resort area of Atlantic City. The legalization was restricted only to Atlantic City.
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