As recently as 1997, Fairmount Park offered as many as 232 live racing days per year. But in recent years, the track has suffered greatly with the advent of riverboat casinos in the St. Louis metropolitan area. Racing dates have declined to 90 per year, on Tuesdays, Fridays and Saturdays.
In 2007, track management announced a plan to build a 20,000-seat amphitheater at the track and expand live racing (including the reinstatement of harness racing), pending approval by state lawmakers to allow slot machines to be installed, similar to racinos in nearby locations.[4] When the legislature did not approve slots in its regular session, Fairmount management applied to the Illinois Racing Board for 90 days of live racing, but said that if lawmakers did not approve relief for horse tracks in its November veto session, the track would only run 60 days, citing declining attendance and betting handle, competition from casinos, and overpayment of the horsemen's account for purses.[5] The track's general manager claimed that purses at the track were less than half that of similar tracks in neighboring Kentucky and Indiana. The request was granted with those conditions intact.[1][6][7]
Since at least 2020, Fairmount Park Racetrack has been known as FanDuel Sportsbook and Racing.