Proponents of horse racing claim the money is an investment in an agricultural industry.""According to an American Horse Council study, the Indiana racing industry generates more than $294 million in annual economic impact," said Michael Brown, a spokesman for the Indiana Horse Racing and Breeding Coalition. "Given that, a $27-million investment has yielded $11 for every $1 the state put into Indiana horse industry. We think that's a pretty good investment."The coalition lately has been lobbying for gaming machines to be allowed at both tracks, in which case the subsidy could be eliminated. But Daniels opposes a major expansion of gambling and said allowing slot machines at tracks sounds like such an expansion. Lawmakers also have resisted allowing the machines."We believe the industry would be able to stand on its own...under legislation that would create alternative gaming at the state's two pari-mutuel tracks," Brown said.
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