Instant racing machines to be launched at Kentucky Downs by 1st September
1st September will mark the commencement of Instant Racing at Kentucky Downs which according to them will boost the horse racing industry and will also regain its popularity. A small opening ceremony is to be held at the racetrack on the Tennessee
border.
A joint venture between AmTote and RaceTech resulted in the development of Instant racing. It is an actual pari-mutuel terminal which is capable of displaying 60,000 digitalized videos of previously run races. The gambling room will initially have 200 instant
racing machines on the same time.
These machines were designed to serve as a source of attraction for both thoroughbred racing and greyhound racings’ new players.
There are Daily Racing Form “Skill Graph” charts which present generalized data on the field to assist the players in choosing three runners in projected order to finish.
Kentucky Downs has already got approval from the Kentucky Horse Racing Authority to offer the players six different games and the timings for the gaming rooms would be from 10 a.m. to 2 a.m. Sunday till Thursday while for Fridays and Saturdays it would be
10 a.m. to 4 a.m.
"We could not be more excited about taking the next steps in our plans to fully develop Kentucky Downs as a year-round entertainment destination," Corey Johnsen, Kentucky Downs president, said in a news release.
The executive director of the Franklin-Simpson County Chamber of Commerce is excited about the remarkable investment on the track and is thrilled about the new employment opportunities for the local residents. The venture will lead to 85 people being employed
on the track and the generation of millions of dollars worth of annual tax for the state.
The company that is producing these machines is feeling overwhelmed at the competitive nature of the product. They are highly hopeful about its success and acceptability in the market. They are up for better prospects as compared to the electronic games
at Oaklawn Park in Arkansas.
“Instant Racing is a very competitive product to traditional electronic games of skill,” Cella said
The demand and popularity of these Instant Racing machines is increasing significantly. Due to this the space area of some race tracks need to be extended to facilitate the eager players and of course it will bring forth more investment.
The Kentucky Legislation has revised the rate and set the minimum amount that the players can get which turns out to be 81.5% of every dollar. According to statistical facts, Instant Racing handled $242.9 million just last year. This tends to be quite a
consistent figure.
The only fear with the introduction of Instant racing machines at the racing tracks was the threat that they might not be able to compact the traditional machines and would eventually run into losses.
When the plan did get implemented ten years back what they wanted was to link machines from state to state in order to create jackpots.
It no doubt proved to be a dramatic contribution towards the boosting and reviving of the horse racing industry.
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