Indianz.Com >
Indian Gaming
Oklahoma racetrack benefits from tribal revenues
Monday, August 31, 2009
A non-Indian racetrack in Oklahoma gets at least $2 million a year in tribal gaming revenues for not operating electronic slot machines.
The Fair Meadows Racetrack in Tulsa could install the machines under a 2004 state law approved by voters. But foregoing them has turned out to be a better option.
"If we can make enough money simulcasting to cover the cost of the live meet, we're $2 million ahead," Ron Shotts, the track's director of racing, told The Tulsa World. "So, basically, that's how we look at it."
The track receives a share of revenues from the Cherokee Nation the Muscogee (Creek) Nation and the Osage Nation. The tribes operate casinos in the Tulsa area.
Get the Story:
Racetrack wins despite losses
(The Tulsa World 8/30)