From here:
While some states have used the development of racinos and the introduction of slots at tracks as a method to subsidize and save the horse racing industry, Montana has come up with an intriguing alternative. The state legislature has passed a plan to create a statewide fantasy football league, which would pay funds to horse tracks.
So let me make sure I have this straight. Horce racing isn't doing so well in Minnesota, due, according to this article, to "rising costs and diminishing returns." In order to save it, the state will operate its own fantasy football league, with payouts of "74% for participants." The leftover cash will be "divided 15 % to the fantasy operator, 24% to the facility, and 61% into a reserve fund." I assume the "reserve fund" part goes to the horse racing industry. Who knows what the "facility" is.
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