Senate Approves Instant Racing

Senate Approves Instant Racing

The Ohio Senate has passed a bill that would authorize the state’s seven horse tracks to install so-called “instant racing” terminals. According to an article in the Cleveland Plain Dealer, the measure was approved 25 – 8. The machines, which allow bettors to wager on previously-run races, would pay out 88% of all money wagered. Of the money not paid to bettors, 8% will be returned to the track owner and 4% divided between the state and several racing-related programs. The bill now moves to the House of Representatives.

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