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He said that historical horse racing might be successful in some markets but not in others. Maxwell G. (9) splashes across the finish line at Hawthorne Racecourse on May 6, 1976. Maxwell G. (9) splashes across the finish line at Hawthorne Racecourse on May 6, 1976. (Phil Mascione / Chicago Tribune) Virginia just legalized historical horse racing, joining states like Arkansas, Kentucky, Oregon and Wyoming. In Illinois, the amount bet on horse races plummeted 40 percent between 2006 and 2016 and dropped from a peak of $1.2 billion in 1990 to less than half of that last year, according to a state report. Track operators say it’s hard to compete not only with tracks in other states like Indiana that have casino gambling to fund higher winnings, but also with widespread gambling across Illinois, including casinos, the lottery and, most recently, video gambling terminals in small bars across the state. Two of the state’s five major tracks, Balmoral and Maywood parks, closed in 2015, leaving only three remaining: Arlington Park, Hawthorne and Fairmount. William Berry, attorney for Fairmount Park, told the board, “This is legally supportable. The Illinois Racing Board can declare this a pari-mutuel bet.” Jeffrey Brincat, chairman of the racing board, noted that the legal questions still need to be resolved and would be looked at by the three-person board committee that he will appoint.

For the original version including any supplementary images or video, visit http://www.chicagotribune.com/news/local/breaking/ct-met-historical-horse-racing-20180626-story.html

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