ADDING
LOTTERY PRODUCTSIN ELECTRONIC FORMAT TO LICENSED
PARI-MUTUEL FACILITIES IS THE SOLUTION
Lottery product installation at licensed, year-round,
pari-mutuel facilities serve a TRIPLE purpose
by bringing new customers into an existing, licensed,
regulated, gaming environment and generate additional
revenues to support racing operations and the ancillary
businesses dependent upon it for their livelihood,
all the while increasing tax revenue to the state
in an effort to increase funds for education.
1.
Lottery products in electronic format will revitalize
the live horse-racing industry and, in turn, benefit
horse owners, trainers, breeders and others whose
livelihoods depend on Idaho's horse-racing industry.
2.
Allowing lottery products at licensed, year-round,
pari-mutuel facilities will substantially increase
state tax revenues and other vital services.
3.
Providing more gaming opportunities at existing
pari-mutuel facilities will reduce the number
of Idahoans seeking similar opportunities out-of-state,
where revenues benefit other states' businesses
and programs.
4.
Strengthening horse-racing at Idaho pari-mutuel
facilities with lottery products in electronic
format will protect thousands of existing jobs
and support the industry by adding many new jobs.
5.
Increased tourism and patronage to Idaho tracks
with electronic lottery products will boost both
local and state economies in Idaho.
6.
Strengthening live horse-racing at Idaho tracks
will stem the steadily decreasing tax revenues
paid to the state treasury by tracks, vendors
and partrons who pay tax on their winnings.
7.
Farm revenues in Idaho will grow from purchases
by a lottery product in electronic format and
strengthen the horse-racing industry.
8.
Adding lottery products in electronic format at
Idaho licensed pari-mutuel sites will provide
additional funding for education.
9.
Electronic lottery products are a form of entertainment
that many people enjoy. These players should not
have to leave the state to play or play where
no tax revenue is directed to the state of Idaho.
10.
Legal gaming should NOT be expanded geographically,
but should be allowed at a licensed, safe, and
highly regulated environment with a history of
fairness and integrity.
Bottom Line:
The combination of other states’ race tracks
having lottery products in electronic format,
the growing numbers of gaming enterprises in adjoining
states, non-taxed Idaho casinos, state lotteries,
and more gambling on the Internet, all are contributing
to the demise of horse racing in Idaho.
To effectively compete with other gaming and entertainment
options that do not produce taxable income to
Idaho, Idaho’s horse-racing industry needs
to have the support that lottery products will
provide.
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