State Sen. Dick Day, R-Owatonna, and Rep. Mark Buesgens, R-Jordan, have re-introduced their bill authorizing a racino, a racetrack with slot machines, which they say would generate at least $100 million every year in revenue to the state.
Day said a racino would put at least $100 million, possibly even $200 million, into the state coffers each year. The two legislators said they believe a racino would help to solve the state’s nearly $1 billion budget deficit.
Buesgens pointed out that the bill wouldn’t cost taxpayers a dime “unless they choose to go to the racino.
“The money stream would begin to flow as quickly as six months from the day of the bill’s passage and could be used for any general fund purpose including property tax relief, education, healthcare and transportation or deficit reduction,” Buesgens said.
“I don’t know how anyone in good conscience could vote against a bill that will have such a big impact on Minnesota for so little cost,” he said.