Racetrack provider eyes lucrative video gambling market
Wednesday 30th June 2004
When Monticello Raceway first opened in 1958, it became the 39th nighttime pari-mutuel harness track in America. Now, after nearly five decades, the 46-year old company has unveiled Mighty M Gaming, a casino-like facility with row after row of video gaming machines, 1,743 in all. As video gaming prepares to make its debut at Monticello, an additional 400 people have been hired, including roving floor ambassadors.
Bettors can play for as little a nickel, or as much as US$10 - and more than US$10 if playing multiple lines on a single spin. Gamblers can win up to US$50,000, but payouts at machines will not exceed US$600. Those hitting higher jackpots will be escorted to the ‘cage,’ where a cashier will issue a check.
Prospective players can get an early impression online at www.mightymgaming.net, and people 18 and older can sign up on the web site for the Monti Money Players’ Club.
The video gaming machines that will be used in Monticello were built by three vendors: IGT and Bally’s, which manufacture their machines in Nevada; and Spielo, which is based in Rhode Island but manufactures equipment in Canada.