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Investor Group Seeks Land For Iron Range Racetrack, Casino

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(credit: Jupiter Images)

(credit: Jupiter Images)

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ST. PAUL, Minn. (AP) — The debate over expanded gambling in Minnesota could soon be broadened to include a proposed speedway and casino near Hibbing.

An investor group hoped to take a step forward Wednesday night through a purchase option on land owned by the Iron Range Resources and Rehabilitation Board. The board was to consider the Iron Range Racing Complex proposal at a meeting.

According to a board memo made public Wednesday, the investor group envisions a year-round raceway that could include a horse track, card room and slot machines in what is commonly called a racino. The gambling measures would require legislative approval.

Minnesota lawmakers are expected to debate whether to authorize casino options in the Twin Cities area as seeks a state budget fix.

(© Copyright 2011 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

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