Hollywood Park

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Hollywood Park is a horse racing track located in California. It is a noted historical monument in California once operated by the Hollywood Turf Club which had celebrity shareholders such as Walt Disney, Jack L. Warner, Bing Crosby and others.

2008 Gaming Compacts Opposition

Currently, it is run by Terrence Fancher who is one of the leading opponents to the Gaming Compacts which threaten the horse track's business. Fancher believes that if slot machines are not made available that he will no longer be able to operate at a profit forcing smaller fields of horses which would reduce appeal and ultimately close down the historical track.

He is co-sponsoring the referenda hoping that voters will reject the gaming compacts and force the tribes back to the negotiating tables in order to arrange a revenue sharing program for the slot machines.

Fancher also bankrolled 2 lawsuit against the compacts hoping to shut them down in the court room and released an analysis of the compacts saying they would not benefit the state as much as Coalition to Protect California's Budget & Economy would have voters believe.

Pechanga representative, Jacob Mejia said Francher is mistaken if he believe he can force demands on the tribes. "He is absolutely overplaying his hand," said Mejia.[1]

Past legislation

In 2004 Hollywood Park spent $20 million trying to pass California Proposition 68 (2004), which would have allowed slot machines to be operated outside of tribal ground. The voters rejected it by 83.8%.[2]

In 2006 the Californian horse racing industry push the unsuccessfully pushed the legislature for 13,000 new video gambling machines that re-run historic horse races.

External links

Racetrack interests take on compacts, Los Angeles Times, Jan. 9, 2007

References