It was the latest version of a perennial effort known as “racino,” which would expand gambling at Minnesota’s two racetracks, Running Aces and Canterbury Park. But rather than tie the extra tax revenue to a Vikings Stadium or deficit reduction, bill sponsors instead funneled it to a special “Minnesota Future Fund.”
“The money is not going to the general fund to grow more government or anything like that,” said Rochester Republican Sen. David Senjem, a Senate sponsor. “It’s going to go to a special revenue fund that is specifically dedicated to job creation and growth in Minnesota.”
The fund would be administered by the Department of Employment and Economic Development.
