|
|
|
 |
Casino Gambling Allows Historic Miami Track to Re-Open
MIAMI, FLORIDA --
The owners of famed Hialeah Park near Miami are planning to start operations again after an eight-year closing, now that casino gambling can help keep the race track viable. Park vice-president John Brunetti said the track may open as soon as the end of this year.
Only two years ago, Hialeah owners said the track may be closed for good, but changes in Florida law that culminated with the gambling package signed yesterday by Governor Charlie Crist made them reconsider. The chance to introduce slot machines to the track altered the economics to the point that the massive renovations necessary became affordable.
"Now it's on to racing, and it's a great thing," Crist said after signing the gaming bill.
Racing will feature quarter horses, rather than thoroughbreds, as the track lost its thoroughbred license after failing to run required races in 2002 and 2003. The licensing for quarter horse racing is easier to obtain, allowing the park to begin the two years of racing necessary to qualify for slots.
Once slots are installed, the track can decide either to continue running quarter horses or apply to return thoroughbred racing.
Brunetti said restoring the track to operable conditions will take work. Just bringing existing structures up to par will cost an estimated $100 million. But Hialeah's famed flamingos will soon hear the thunder of hooves once again.
Previous USA Casino News Articles
Post A Comment
|
 |
|
|
|
