LINCOLN, Neb. (AP) — To function a on line casino at a Nebraska horse racetrack providers will have to fork out $1 million for a 20-year license and adhere to a litany of other rules.
The Nebraska Racing and Gaming Fee unveiled the new on line casino guidelines on Friday. Voters authorized casino gambling at horse tracks in Nebraska in 2020.
Racing and Gaming Executive Director Tom Sage explained an market expert aided the state draft its rules by seeking at what has labored very well in other states.
The Lincoln Journal Star noted that in addition to the $1 million up-entrance license fee, casino operators will have to pay an yearly evaluation to the state.
All six certified horse tracks, in Lincoln, Omaha, South Sioux Metropolis, Columbus, Grand Island and Hastings, have introduced ideas to incorporate casinos.
In addition to the six present tracks, there also have been proposals introduced for new tracks in Bellevue, Gering, Kimball, Norfolk, North Platte and York. All of them are likely to request casino licenses as very well.
Lynne McNally, executive vice president of the Nebraska Horsemen’s Benevolent and Protecting Affiliation, which is partnering with Ho-Chunk Inc. to construct casinos in Lincoln, Omaha and South Sioux Metropolis, reported the rules are very comprehensive.
“The Racing Commission worked competently and diligently, and we truly respect their attempts,” McNally said.
Fonner Park racetrack CEO Chris Kotulak reported he’s nervous the condition could wind up with too quite a few racetracks due to the fact of corporations seeking to operate casinos.
“There’s not the human or equine infrastructure in spot to assistance any additional racing than we presently have,” Kotulak mentioned.