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Breeders bet on VLTs12 March 2007GIDDINGS, Texas – As reported by the Eagle: "Racing trainer Janet Van Bebber watched intently as a pair of 2-year-old Quarter Horses galloped around her training center's track one recent afternoon. "…In 2005, Van Bebber made a critical business decision. She moved from Texas to Louisiana to race horses. "Texas' horse racing industry is struggling. Its trainers, owners and breeders continue an exodus into bordering states to race for more lucrative purses supported by revenues from video lottery terminals. "…Van Bebber has been a strong voice in the horsemen's struggle to bring video lottery terminals, commonly called VLTs, to Texas' race tracks. "…The racing industry experienced steady growth after parimutuel wagering was introduced in Texas. The tracks - along with ancillary industries such as feed stores, farriers, trailer manufacturers, veterinarians and barn and fence builders - contributed to the economy and the tax coffers of the state. "However, the growth ended and the exodus began when bordering states passed VLT legislation "…State Rep. Kino Flores, D-Mission, chair of the licensing and administrative procedures committee, has filed House Bill 1405. The bill relates to the operation of video lottery games. Its purpose is to provide additional money to fund governmental programs…" |