The Nebraska Racing and Gaming Commission has approved the first step in a process that could allow a Hastings-based company to transfer its racetrack license to western Nebraska.
[Earlier this month,] Commissioners voted to approve a 12-week, $48,000 market study with The Innovation Group. That study could set up final approval later this year of a racetrack in Ogallala after Hastings Exposition & Racing Inc. announced plans this summer to transfer its racing license.
State law allows Hastings a one-time move of its license because the community was one of six “original” racetrack locations. The law stipulates the move must be to a Nebraska county that does not have a racetrack, in this case, from Adams County to Keith County.
Brian Jorde, a representative for the Hastings company, said a study is required to see whether the move could have any detrimental effects, such as concentrated or “undue” competition.
“We don’t believe there’s any reasonable argument that it can, in any way, be detrimental by moving that far away into a brand new market and giving the folks in western Nebraska — who often get passed over — an opportunity to be a part of something so exciting,” Jorde told the commission.
Read the full article by Zach Wendling for the “Nebraska Examiner" here.
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