 Newsletter Signup
Stay informed with the
NEW Casino City Times newsletter! |
Gaming News
Arizona Race Tracks Feel Heat From Indian Casinos3 October 2000PHOENIX, ARIZONA – Oct. 3, 2000 – As reported by The Associated Press: "Arizona's horse and dog tracks haven't been quite the money makers for the state in recent years that they were in the days before Indian casinos took off. "…Track owners say they face unfair competition from Indian tribes, which don't pay direct taxes to the state and are the only ones able to offer profitable slot machines. "Revenues at the state's four dog tracks' live races have plunged to $77 million from $116.3 million from 1993 to 1999. The story is the same at live races at the state's four horse racing tracks, where revenues slid to $46.5 million from $80.6 million during the same period. "…Gary Anders, an Arizona State University West economics professor who studies gambling, said Indian casinos have an advantage because, `There is more stimulation, a faster pace, immediate satisfaction.' "Casinos are also open when tracks aren't, and they offer free drinks and complimentary bus rides that deliver players to their door, he said. .." |