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Liu Goes for Slots
Jackpot
From Glendale News-Press
Liu, Margett Go for Slots
Jackpot
By Josh Kleinbaum, News-Press
LA CAŅADA FLINTRIDGE -- Two local legislators are betting on a longshot to help
California's horse-racing industry.
Assemblywoman Carol Liu (D-La Caņada Flintridge) and state Sen. Bob Margett
(R-La Crescenta) are urging Gov. Arnold Schwarzenegger to consider the plight of
racetracks in his budget negotiations, including allowing slot machines at the
tracks.
Santa Anita Park is in Liu's and Margett's districts. Liu sponsored a Women in
Horseracing day at the Arcadia park in April.
The legislators, along with Assemblywoman Loni Hancock (D-Berkeley), signed a
letter written by Liu asking Schwarzenegger to keep the door open for slot
machines at racetracks. Liu will send the letter to the governor on Monday, her
staffers said Friday.
The governor is negotiating deals with Native-American casinos for the state to
get some of their profits, and he could offer the tribes a monopoly on slot
machines to get more revenue.
"We're just saying, don't preclude the opportunity for the racetracks to have
slot machines," said Suzanne Reed, Liu's chief of staff. "I'm not very confident
[Schwarzenegger will listen]."
Liu did not return calls for comment despite spending the afternoon on a
business walk in La Caņada Flintridge. According to her staff, she forgot her
cellphone.
Slot machines and Native-American casinos have become hot items in California
politics. During his election campaign last year, Schwarzenegger vowed to get
the state government a share of profits from Native-American casinos. By
offering a slot machine monopoly, Schwarzenegger has some leverage in
negotiations with the casinos.
This week, Schwarzenegger vowed to defeat an initiative that could legalize a
limited number of slot machines for racetracks, which the horse racing industry
believes is necessary for survival.
"Racetracks cannot compete [with other gambling sites] right now," said Justin
Matheson, Margett's chief of staff. "Santa Anita is in our district, and it is a
very important part of our district as the economy goes, and jobs. If they're
struggling, then our community is struggling."
Officials in the horse racing industry say that attendance, wagering and purses
are down across the state. Attendance at Hollywood Park in Inglewood dropped
between 3% and 4% each of the past three years, and officials attribute the loss
to Native-American casinos.
"You've got a $6-billion to $8-billion competitor that didn't exist three years
ago," said Rick Baedeker, president of Hollywood Park. "We are losing business
to [Native-American casinos]. We're also losing horses and owners to other
states that have slot-enriched purses. We're actually 0-for-2."
Matheson and Reed dismissed the notion that adding slot machines to racetracks
could increase problem gambling.
"There's so much access to gambling at this point that providing slot machines
at the racetrack is not going to have an impact," Reed said. "People can bet on
football games, basketball games, they can go on the [Internet] and bet on
anything."