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Horse Racing Pays Better ElsewhereIf you are in the horse racing industry in Florida you are all too aware that the purses in the state don’t pay nearly as well as those outside of the state. This is because other states allow slot machines at their tracks, which means that they are able to pump more money into their tracks. This leaves them able to put more money into their purses, and get better horses running. In addition, because of the slot machines they are able to pay more in breeder incentives, which also adds to better horses at their tracks, ultimately ending in more money for horses and the track. This does not bode well in places like Ocala which is known as the Horse Capital of the World. Instead, you end up with a lot of horses that have never actually run within the state. Horse racing enthusiasts are working on trying to get their government to allow slot machines at their tracks. They know that the Seminole Indian Tribe is about to get the exclusive track on slot machines and gambling within the state and they would like to see that changed a bit so that they could get some of that money as well. They say that if the agreement were to change so that the tribe actually gave less money to the state in exchange for the tracks being able to offer slot machines it could be a win-win for everyone. The slot machines would give the tracks more money and the tribe would get to keep more of theirs leading to a fairly even draw.
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