The Fairgrounds Race Course is facing uncertainty in its 153rd year as the horse racing industry seeks new revenue streams. One proposed solution is “Historical Horse Racing,” where bettors wager on past races without knowing the horses or jockeys involved. Instead, they rely on posted odds and watch the historical race unfold, hoping for a win.

However, implementing Historical Horse Racing in Louisiana faces significant legal challenges. Although the state legislature passed an act in 2021 to classify it as Paramutual Wagering, courts have determined that it resembles slot machines more than traditional sports betting. This distinction complicates its legality and acceptance.

For Historical Horse Racing to be permitted at the Fairgrounds, it must be approved by the State Legislature, signed by the governor, and then put to a public vote. This lengthy process could prove essential for the Fairgrounds’ future viability as it navigates the evolving landscape of horse racing and gambling regulations.