Instant Racing has developed a new fan in the financially troubled Portland Meadows racetrack.
Officials of the track have asked lawmakers to approve the Instant Racing gambling devices as a means of generating more revenue. A bill authorizing the machines has been approved by the House and now goes to the Senate.
The gambling machines have been a big hit at racetracks in Kentucky and Arkansas.
Ray Poirier is the longtime executive editor at GamingToday.
Contact Ray at RayPoirier@GamingToday.com.
“It’s like moving pieces around on a chess board,” was the way one observer characterized the Monday announcement from Caesars Entertainment Corp. (CZR) that it was selling four properties to Caesars Growth Partners (CACQ), its 2013 spinoff. The deal, worth $2.2 billion, involves Bally’s Las Vegas, the Quad (still under construction on the Las Vegas Strip), the newly-named Cromwell (formerly Bill’s Gamblin’ Hall), and Harrah’s New Orleans.
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