The project would have a 1.25-mile dirt racetrack, a 1-mile turf track and a harness track.

However, it's not clear whether the project would include slot machines.

"The lack of these electro-mechanical bandits, coupled with competition for gamblers by the four casinos in and adjacent to southeastern Michigan, has been cited as a significant reason for Ladbrook DRC's demise," says Snyder about the former Livonia racetrack that folded four years ago.

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