Polk County, Iowa, voters have approved a ballot measure on casino gambling that could help bail out the bankrupt, bond-financed Prairie Meadows racetrack.

A 57% majority last week approved the measure to allow riverboat casino gambling in the county. The taxpayers group that worked to put the issue on the ballot views its passage as the first step toward permitting casino gambling on the site of the racetrack, which was financed with proceeds from $40 million of revenue bonds.

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