A law expanding casino gambling in Maryland alters some tax and revenue percentages but should keep the horse racing industry whole, according to fiscal projections associated with the measure.
Penn National Gaming Inc. said Aug. 7 it will continue to offer live harness racing at Rosecroft Raceway in Maryland for two more years--if another Prince George's County location isn't chosen as the location for a casino.
The clock is running on what could be a final push to authorize Illinois racetracks to run slot machines many in the industry see as vital to survival.
The owner of Thistledown near Cleveland said June 6 it has a memorandum of understanding with the State of Ohio to install video lottery terminals at the racetrack, but also reserves the right to move the operation.
Canterbury Park Holding Corp. and the Shakopee Mdewakanton Sioux Community struck a 10-year "cooperative marketing agreement" by which the tribe will funnel $75 million in purses to the Minnesota racetrack.
New Jersey will defy a federal ban and let people bet on the outcomes of football, basketball, and other games this fall, Republican Gov. Chris Christie said May 24.
An executive with Woodbine Entertainment Group has told local officials its Woodbine racetrack will not survive if slot machines are removed from the facility in March of next year.
Delaware Park opened its 75th season of Thoroughbred racing on a picture-perfect afternoon May 12 with a large, yet it was also set to face some challenges for the 100-day meet.
Casino cleanup legislation passed by the Ohio Senate May 10 has some new horse racing-related language, including a section that ensures the industry will get no less than 9% of gross revenue from racetrack VLTs.
After months of wrangling over minor details in the contract for the 2012 live meet that begins June 2, Suffolk Downs and the New England Horsemen's Benevolent and Protective Association have reached an agreement.
Canterbury Park didn't get slot machines, but it did win changes expected to generate more revenue from its card club to support purses.
The Florida Supreme Court April 27 upheld a decision by a lower state court that authorizes Hialeah Park to have a casino with Las Vegas-style slot machines.
Casino operator Pinnacle Entertainment said April 26 one of its subsidiaries has an agreement to purchase a 75.5% interest in Retama Park, which is located near San Antonio, Texas.
A Cleveland, Ohio-area racetrack has partnered with a casino company to develop a gaming facility with video lottery terminals and related entertainment offerings.
The Minnesota Senate State Government Committee March 19 voted 8-5 against a measure that would have authorized casino-style gambling, including slot machines, at Canterbury Park and Running Aces Harness Park.
The Pennsylvania Horse Conference served as platform for racehorse owners, breeders, and trainers to tout support from several lawmakers who oppose a plan cut gaming revenue to purses and breed development programs.
The Ontario provincial government said March 12 it will be ending payments to racetracks through the slots-at-racetracks program in March 2013. The result could mean potential closures for many of the province's 17 tracks.
The Florida legislature ended its 2012 regular session the night of March 9 and did not pass a bill that would have authorized an annual Thoroughbred meet for Hialeah Park.
New York's nine racetracks, which are lobbying to expand their businesses into full-fledged casinos, claim 8,200 permanent jobs would be created if they are permitted to enhance their gaming operations.
A judge issued an order Feb. 24 allowing several gambling interests to intervene in a lawsuit filed by the Ohio Roundtable challenging a law allowing Ohio racetracks to install video lottery terminals.
- By Tom LaMarra
What has horse racing learned from 20 years of racetrack-based casino gambling? read blog
A Kentucky senator who chairs a committee that passed a constitutional amendment on expanded gambling Feb. 22 said he will oppose a call to have the bill voted on by the full Senate Feb. 23.
Representatives of several Ohio gambling operations testified Feb. 21 in Franklin County Common Pleas Court seeking permission to intervene in a lawsuit brought by the Ohio Roundtable.
A report done for the New York Gaming Association says the organization's members -- nine racetrack casinos in the state -- generate almost $2 billion a year in economic output.
The Ontario horse racing industry is set to hold a rally Feb. 22 to fight off potential cuts in slot machine revenue it receives from the provincial government.
A top government official in Ontario Feb. 14 questioned the $345 million horse racing gets from province-operated slot machines given a $16 billion budget deficit.
Legislation authorizing a constitutional amendment on expanded gambling in Kentucky will be introduced the morning of Feb. 14, officials said.
Representatives of Kentucky's horse industry said a strong endorsement of a constitutional amendment on expanded gambling by the Kentucky Chamber of Commerce Feb. 9 indicates broad support for a statewide vote on the issue.
Kentucky Sen. Damon Thayer reaffirmed his support for a constitutional amendment on expanded gambling Feb. 9, and in the wake of allegations he has conflicts of interest, released a client list for his consulting business.
New York Gov. Andrew Cuomo is dismissing efforts to develop a casino at Belmont Park, which would serve as direct competition to the nearby video lottery terminal facility at Aqueduct.
A lawsuit over legislative redistricting and the resulting extension of the filing deadline for the November election has stalled action on a constitutional amendment on expanded gambling in Kentucky.
Penn National Gaming Inc. now plans to request to move Beulah Park near Columbus, Ohio, to a site near Youngstown rather than Dayton, according to its latest financial report.
Kentucky Gov. Steve Beshear said Jan. 31 he expects a casino gambling amendment to be introduced "in a few days," and again accused Republican Sen. President David Williams of attempting to derail the process.
The parameters of a constitutional amendment on casino-style gambling in Kentucky have been agreed upon, and legislation will be introduced soon, the governor's office said Jan. 25.
Revenue from slot machines and table games at 10 casinos in Pennsylvania in 2011 topped $3 billion for the first time, state officials said Jan. 18.
Legislation is popping up in New York to permit additional casinos across the state, with other versions of bills placing the expanded gambling offerings at existing racetrack casinos.
Members of the Kentucky General Assembly were told Jan. 18 the state's horse industry remains under siege from competitive forces out of state, and that action must be taken to reverse the slide.
Kentucky Gov. Steve Beshear says allowing Kentuckians to take part in casino-style gambling could generate needed money for the state budget.
The Florida legislature began a two-month session Jan. 10 with a big part of its focus on a gaming bill that could lead to the first all-games casinos in the state along with other changes that would impact racing.
Kentucky Gov. Steve Beshear Dec. 27 reaffirmed his efforts to push for a constitutional amendment on expanded gambling in 2012, citing results of a survey on the topic.
Kentucky Gov. Steve Beshear will push for a 2012 constitutional amendment to expand gambling in the state.
The Massachusetts legislature Nov. 16 passed a bill authorizing casinos in the state, and Gov. Deval Patrick is expected to sign it.
In a largely symbolic vote, New Jersey residents Nov. 8 overwhelmingly approved sports betting at casinos and racetracks.
New Hampshire moved closer to the expansion of gambling when a House of Representatives committee advanced a bill calling for two casinos with a combined 10,000 slot machines and table games.
Two bills that would authorize three destination resorts with casinos, including roulette and other table games, in the southeast Florida counties of Miami-Dade and Broward were introduced in the state legislature Oct. 26.
Suffolk Downs will offer its richest stakes since 2008 on Oct. 22 amid a sense of optimism brought about by passage of legislation that gives it a chance to be awarded a license for a resort casino.
An amendment to eliminate a slot-machine facility that would dedicate 9% of gross revenue to the horse racing industry in Massachusetts as part of expanded gambling legislation was killed in the Senate Oct. 6.
Penn National Gaming Inc. is making its case for gaming at Rosecroft Raceway, the Maryland harness track it purchased earlier this year and will reopen for live racing Oct. 21.
Racetrack gaming has poured money into the pari-mutuel industry but shouldn't be viewed as a savior, panelists said Oct. 4 during the 2011 Global Gaming Exposition in Las Vegas.
Pennsylvania's 10 casinos -- racetrack and standalone -- generated $274.9 million for the state's Race Horse Development Fund in fiscal year 2010-11, according to the Pennsylvania Gaming Control Board annual report.
Most Popular Stories
- Half Sisters to Preakness Winners Race Sunday
- Dortmund Back to Training After Injury
- Dialed In Colt Leads Louisiana Yearling Sale
- CHRB Committee Advances New Lasix Proposal
- Royal Posse Aces Evan Shipman Stakes Debut
- Horseplayers Support USADA Oversight
- NYTHA Executive Director Gallagher Retires
- Pedigree Analysis: Caro
- Ironicus Has New Challenge in Bernard Baruch
- Handle Flat, Race Days Down in August