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Florida Track Bill Appears Dead

TALLAHASSEE, Florida – As reported by the St. Petersburg Times: "A new thoroughbred racetrack near Ocala is not in the cards this year.

"A bill that would have allowed Magna Entertainment Corp. of Canada to build the track and expand simulcast gambling at other horse and dog tracks appears to be dead as state legislators move into the final two weeks of the session.

"…The bill was scheduled for a hearing Monday before the Senate Regulated Industries Committee but was deferred and is unlikely to be heard because the panel does not plan to meet again this year.

"The measure, backed by the owners of Gulfstream Racetrack in South Florida, faced overwhelming opposition from the rest of the parimutuel industry.

"…Magna Entertainment, owners of Gulfstream, bought land two years ago near Ocala at Interstate 75 and Alternate U.S. 27 for a new racetrack but cannot build it without a change in the law…"

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