Mon July 27, 2009
Sports Betting Revenue for the State
Flagstaff, AZ – Betting sports may be one way to dig the state out of its deficit woes. Horse and dog track operators around the state are vying to add table games and slots to their businesses. In exchange, track owners say they'll cut the state in on 45% of the take. A study conducted by the tracks says that figure could amount to more than $200 million in the current budget year. That's assuming tracks could install slot machines and table games within a few months.