WKBT News 8 – La Crosse, WIInvestor group seeks land for Iron Range racetrack
Posted By Admin on February 28, 2011
Associated Press – February 23, 2011 4:44 PM ET
ST. PAUL, Minn. (AP) – The debate over expanded gambling in Minnesota could soon be broadened to include a proposed speedway and casino near Hibbing.
An investor group hoped to take a step forward Wednesday night through a purchase option on land owned by the Iron Range Resources and Rehabilitation Board. The board was to consider the Iron Range Racing Complex proposal at a meeting.
According to a board memo made public Wednesday, the investor group envisions a year-round raceway that could include a horse track, card room and slot machines in what is commonly called a racino. The gambling measures would require legislative approval.
Minnesota lawmakers are expected to debate whether to authorize casino options in the Twin Cities area as seeks a state budget fix.
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