The investors behind this project don’t just want a racetrack—they want access to Massachusetts’ multi-million dollar Race Horse Development Fund (RHDF) and lucrative off-track betting (simulcasting) rights. Here’s how the scheme works:

• The RHDF is a taxpayer-funded pot of money, collecting millions annually from casino revenue (FY25-Budget-Memo-and-Attachments-5.31.24.pdf).
• Developers don’t need a successful track—they just need state approval to unlock these funds (MGC-Annual-Report-2023.pdf).
• A racing license automatically grants simulcasting rights, allowing them to profit from out-of-state betting (MGC-Annual-Report-2022.pdf).

This isn’t about “reviving horse racing.” It’s about a financial loophole that benefits a small group of investors at the public’s expense.💰 Who really wins? Follow the money.