- Associated Press - Tuesday, June 10, 2014

AUSTIN, Texas (AP) - The panel that regulates horse and greyhound racing in Texas is to hear from racetrack owners seeking new revenue streams - and the machines they hope will provide them.

The machines are historical racing terminals, which look like slot machines but display video feeds of previous races, allowing bettors to place wagers on those races.

Proponents say the betting is simply of the pari-mutuel variety already allowed by law, and horse and greyhound racing track owners believe they can adopt the games without legislative approval.

They would need Texas Racing Commission approval, however. The panel will consider the matter Tuesday, but commission spokesman Robert Elrod tells the Austin American-Statesman that no decision could come before August.

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