The Racino at Canterbury Park would be the first gaming and entertainment facility to generate substantial tax revenues for the State of Minnesota. The following are key components of the proposal:
-
The Racino would be privately financed and would not require any state
bonding or operating subsidies.
- The
Racino would be tightly regulated by the State of Minnesota, either through
the Minnesota Racing Commission or the Minnesota State Lottery.
- Without
expanding the number of gaming locations, the Racino would help meet a
quickly growing demand for gaming and entertainment by Minnesota residents
and tourists.
- Various
media and private surveys consistently show that a majority of Minnesotans
support more gaming options at Canterbury Park.