New London Mayor Seeks State Approval for Off-Track Betting Facility

Strategic Insights -

New London Mayor Rob Pero testified before the Public Safety Committee, seeking state legislators' support for a bill that would permit the city to allow simulcasting of horse races at an off-track betting facility proposed for Eugene O'Neill Drive. The facility, operated by Autotote Enterprises, would be a restaurant owned by former City Councilor William Cornish. Pero emphasized the potential benefits of the project, including increased employment and revenue for the city.

Key Takeaways:

  • The proposed off-track betting facility would be operated by Autotote Enterprises in a restaurant owned by former City Councilor William Cornish.
  • The city would receive $65,000 in its first share of the proceeds from racing bets placed in the new facility, in addition to increased personal property taxes.
  • The facility is expected to employ 25 to 30 people and would be open every day except Christmas.
  • Backers of the project, including Rep. Ernest Hewett and Mayor Rob Pero, believe it would bring significant economic benefits to the city, including new revenue streams and job creation.
  • The proposal would require approval from the Public Safety Committee, Planning and Development, and Finance committees before proceeding to the House floor.
  • The facility would potentially be one of 13 locations in Connecticut where off-track betting operations are permitted.

Statistics:

  • The city would receive $65,000 in its first share of the proceeds from racing bets placed in the new facility.
  • The facility is expected to employ 25 to 30 people.
  • Rep. Ernest Hewett stated that the city received 70 inquiries about jobs at the restaurant.

Sources:

  • "New London Mayor Seeks State Approval for Off-Track Betting Facility," The Day, March 6, 2010