πŸ”₯ Is Horse Betting Better Than Casinos? - Reasons to Bet on Horse Races

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The Colonial Downs track had been shuttered since after its former owner surrendered its racing license amid a bitter financial dispute. The plan was pitched as a way to revive horse racing, create hundreds of jobs and generate tax revenue for state and local governments. That bill passed despite opposition from anti-gambling groups that said the facilities could encourage gambling addiction and drain money from working-class people. Nate Mize, director of marketing for the Colonial Downs Group, said the machines will let players bet on three horse races within 20 seconds. The machines look and feel like traditional slot machines. But the horses were optional. A Chicago-based company bought the track last April, shortly after the Virginia General Assembly voted to allow historical horse racing machines in the state. Still, the games are based on past horse races, even if the machine has an entirely different cartoon theme. The company has erected five billboards in Virginia to advertise the new enterprise, including one off Interstate 64 heading west out of Richmond.{/INSERTKEYS}{/PARAGRAPH} Those bills did not pass, but were instead wrapped into a comprehensive gambling study scheduled to be completed this fall. Or they can just press a button over and over again and hope to get lucky. The appeal of the machines, he said, is in their speed and efficiency. Other themes listed on the website of Exacta Systems , the manufacturer providing the machines to Colonial Downs, include fairies, pirates, monkeys, angels, ninjas, turtles, leprechauns and conquistadors. But the gambling machines could be up and running in New Kent by mid- to late April. But the debate in the legislature focused largely on the return of horse racing, without delving deeply into the functionality of the gambling machines or their similarity to traditional slot machines. {PARAGRAPH}{INSERTKEYS}The following appeared on Richmond. Sunday through Thursday, and 8 a. The company acknowledged most historical horse racing players would use the automatic bet feature, while more experienced horse racing fans could bet on live races or simulcast races from other tracks. To mark the occasion, Colonial Downs representatives held a demonstration showing how the machines the General Assembly legalized last year will work.