Let’s set the record straight
Tom Swoik’s recent Op-Ed about slot machines at racetracks is misleading on several fronts.
“Special legislation to bail out their industry?”
In the early 90’s, legislation that waived the requirement that riverboats cruise off shore was passed with the cooperation of the horse racing industry. In return for their help, the horse racing industry was promised money from the yet to be built 10th riverboat. That law passed and casinos immediately went dockside, establishing their boats as land based casinos and raking in unprecedented amounts of money. The tenth riverboat license was subsequently tied up in courts for years and the horse racing industry was left staggering.
“A dying industry?”
Horse racing is not a dying industry. Illinois horse racing may be dying but in other states that allow slot machines at their racetracks it is successful and it is flourishing. Sixteen other states currently allow it. Many Illinois horsemen have already left, taking their horses and their team to other states like Indiana where the purses are higher and the opportunity to earn a fair living exists. Horsemen and their stables are similar to other small businesses. They set up their stables where they have the best opportunities for their families and for their horses to succeed. That business success is realized in the form of purses. Those purses have skyrocketed in other states while they continue to fall in Illinois.
“Illinois has a saturated gambling market?”
Here’s the red herring. These riverboats are simply protecting their own interests, including the Hammond Indiana riverboat that markets to the Chicagoland area. They are simply using the Legislature to block the competition. All we are saying is let us compete in this gaming marketplace, give us the opportunity to compete for those gaming dollars. Let the market dictate what saturation is. These same riverboats that are complaining now will be the same ones lining up to apply for these new licenses. Many of them currently own and operate racetracks around the country that have slot machines.
Isn’t it ironic that it is ok for the riverboats to want protection from these “casino cafes” but the horse racing industry is vilified for wanting that protection from the riverboats? Horse Racing has been in existence for over 100 years in this state. It is illogical for anyone to understand how there are these mini casinos on every corner, but a racetrack that supports the horse racing industry and the thousands of verified, middle class jobs that go along with its agribusiness cannot.
The casino industry is fond of touting the money that they provide to the state and the jobs that they provide. While those jobs are important and the cash influx is welcome, the impact that horse racing has on Illinois’ overall economy reaches much further. Horse racing stimulates agriculture, Illinois number one economy. Illinois grain and hay farmers find a market for their crops with horsemen. The Illinois horse racing industry impacts blacksmiths, veterinarians, truck and trailer dealers and more, something the casino industry can hardly claim. A robust horse racing industry provides good jobs that support families.
In seven months, June of 2015, without any legislative help from the Illinois General Assembly, Maywood Park, one of Chicago’s four racetracks will be the first to close its doors. A racetrack that has been in business since 1946, a business that has allowed horsemen to ply their trade and earn a living. The jobs that will be lost, the upheaval of the lives of all the backstretch workers who work and live there and the economic impact of that closure will be felt throughout Illinois.