Illinois Governor Signs Horse Racing Aid Bill

by: The Blood-Horse Staff
Illinois Gov. Rod Blagojevich Dec. 15 signed legislation that extends the diversion to horse racing of 3% of revenue from the state's four highest-grossing riverboat casinos. The provision is estimated to be worth as much as $30 million a year, and by law is divided 60% for purses and 40% for tracks. The Illinois General Assembly had passed the measure earlier. The subsidy has been on th ...