Horse Racing Industry Likes Gambling Bill That Has Cleared the State Senate(Springfield, IL) -- The horse racing industry could start to thrive again in Illinois.
Tony Somone, with the Illinois Harness Horseman's Association, says the current gambling bill would allow them to beef up race payouts. "This infusion of money will help turn this thing around and we will be able to compete Indiana, Delaware, and Pennsylvania and some of these other states that have taken so many of our jobs from Illinois. So many horsemen have left because the money is so much better there," said Somone.
Horsemen are hopeful the extra cash will allow them to boost purses and bring in the best thoroughbreds from across the country. The horse industry will get a sliding scale percentage of the slot revenue from the tracks, which could average out to about 15-percent. That cash will also be used to help horse breeders and hay farmers. The Senate pushed the bill though Wednesday and it now heads to the House.
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