This report was published in July 2000. It should be considered outdated and is kept online for historical purposes only. Please click the link below to see the latest information on the Bush Pioneer - Ranger Network View Report |
Name: Randall D. Hubbard
Occupation: CEO, Hollywood Park Racetrack Industry: Miscellaneous Business Home: Palm Desert, California |
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Hubbard took control of Hollywood Park racetrack after a corporate power struggle in ’91. Hubbard is a pragmatist who realizes that race tracks have more to do with gambling than they do with horses. When the Indian gaming and riverboat casino craze took off in the late ‘80s, Hubbard pioneered the idea that his industry couldn’t beat them so it had to join them by installing slot machines and casinos. Hollywood Park’s casino eventually outgrew the racetrack side of the business, which Hubbard sold off in ’99. Now Hubbard wants to legalize racetrack slot machines in California through a voter initiative. To increase market share, he also promotes virtual gambling through the Television Games Network. |
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