Daniel Lee, president and CEO of the Nevada-based Full House Resorts, is vying for New Mexico's sixth racetrack/casino license and hopes his $200 million resort and racetrack with the shifting grandstand will set him apart.
Full House Resorts said the moving grandstand would circle the track, traveling at the same speed as the racehorses.
"In a typical race, spectators in the grandstand only see two brief moments of a race — its start and the closing seconds at the finish line," Lee said in a statement. "Our moving grandstand changes that, allowing spectators to race side-by-side with the horses for every dramatic second of the race."
In addition to the racetrack, the proposed "La Posada del Llano" includes a casino, luxury hotel, 18-hole golf course, water park, and other amenities near the New Mexico-Texas border in Clovis, New Mexico.