A racino is a racetrack that also offers casino gaming, the word blending race track and casino. Most began by installing slot machines or video lottery terminals alongside horse or greyhound racing, and many later added table games such as blackjack, roulette and poker. In several US states and Canadian provinces, racinos were authorised by law to bring new revenue to tracks, with part of the gaming income often set aside for racing purses.
The model shows how combining verticals can widen an audience, which is the same logic online operators follow when they put a sportsbook and a casino under one account and wallet. Cross-selling between bettors and casino players is one of the main growth levers for multi-product brands.