Top state officials in New York are still discussing options for an operator of the long-delayed Aqueduct racetrack casino, but negotiators appear split on whether a final announcement needs to be a part of talks now underway to resolve the state's deficit.
- By Tom Precious
Negotiations for an Aqueduct casino operator have stepped up again, with a new flurry of talks between Gov. David Paterson and legislative leaders occurring in advance of a return by the state legislature the week of Nov. 16 to deal with New York's soaring deficit.
New York officials have a growing urgency to resolve the long-delayed Aqueduct casino project: a ballooning deficit.
Six bidding groups vying to run a lucrative casino at Aqueduct racetrack have wrapped up their face-to-face presentations with senior aides to New York Gov. David Paterson and legislative leaders.
In the aftermath of the failed passage of the legislation that would have allowed video lottery terminals at Kentucky racetracks, several Thoroughbred industry members voiced their opinions on how they will survive without the extra boost to the state's purse structure and breeders' incentive programs.
The number 35 was on almost everyone's lips on June 3 when Calder Race Course broke ground for a casino it plans to open next January on its property in Miami Gardens, Fla.
- By Ryan Conley
Even though overall United States casino revenues dropped for the first time this decade, domestic racinos registered double-digit percentage growth in 2008, according to a report issued May 18 by the American Gaming Association.
More information was released May 11 about some of the groups seeking to build and operate a casino on the grounds of Aqueduct racetrack in New York.
- By Tom Precious
Trying one more time, the state of New York accepted seven new bids - from major casino operators to real estate and racing interests -- to develop a casino at Aqueduct racetrack, an authority first approved for the facility back in 2001.
The Florida Legislature will end its annual regular session May 1, and as of April 28 the House and Senate had not resolved major gaming issues including whether the Seminole Tribe of Florida should be able to keep blackjack and baccarat tables at its casinos.
- By Tom Precious
As state officials in New York scrambled to re-group following the collapse of the Delaware North plan to build a casino at Aqueduct racetrack, at least one of the former bidding groups said it would be interested in making a new bid on the long-stalled project.
A federal affidavit alleges that Illinois Gov. Rod Blagojevich pressured horse racing leaders for campaign contributions in exchange for supporting a bill, passed this month, that requires four of the state's highest-grossing riverboat casinos to share revenue with the Thoroughbred and harness racetracks.
Hawthorne Race Course has lost its bid to build and operate Illinois' 10th riverboat casino, with three other potential sites making the final cut.
New York state officials finally gave Delaware North approval to build and operate a video lottery casino at Aqueduct. The racetrack will house New York City's only legal casino, which could generate tens of millions for purses and breeders' awards.
- By Jim Freer
Florida Attorney General Bill McCollum on Sept. 19 asked the National Indian Gaming Commission to issue a temporary order to shut down the blackjack and baccarat tables and Class III Las Vegas-style slot machines at the Seminole Hard Rock Hotel & Casino in Hollywood, Fla.
- By Tom Precious
The three bidders vying for lucrative rights to develop a casino at Aqueduct racetrack in New York have all passed a critical background check by the state, Governor David Paterson said July 20.
Gov. Steve Beshear hasn't yet relinquished his proposal to legalize casinos in Kentucky.
Churchill Downs Inc. is asking for patience in seeing financial rewards from what it termed an $80 million investment into the advance deposit wagering industry in 2007, and promises to act on opportunities for the company's progress in 2008.
Ron Geary said he is facing a myriad of economic pressures in making Ellis Park a viable operation, but the owner of the Henderson, Ky., racetrack vows to fight the challenges with every resource before he considers closing the facility.
The Spitzer administration is signaling it could be game for the opening of a casino at Belmont Park, despite its recent public plan that removed the track from the running for a gambling facility.
- By Esther Marr
The topic of casino gaming that made for a heated Kentucky gubernatorial primary has continued to be the main force dividing Democratic candidate Steve Beshear and Republican Gov. Ernie Fletcher as they look toward the general election in November.
On Monday, Massachusetts' Governor Deval Patrick announced plans for the state to begin considering private bids for three casinos, to be strategically located in Southeastern Massachusetts, Western Massachusetts, and an area which would include Boston and points north.
- By Dan Liebman
Kentucky Democratic gubernatorial candidate Steve Beshear, speaking before an enthusiastic group of horse owners and breeders Sept. 6, said he will not only work to get a casino measure passed by the state legislature but should that happen, will travel the state to promote passage of the measure.
- By James Platz
Hoosier Park officials decided Wednesday to forgo a temporary slots facility and build a 92,696-square-foot casino with permanent slots at the Anderson, Ind., racetrack.
Video gambling machines similar to slot machines could be installed at several dog and horse tracks around Florida, with the state's share of profits going toward a reduction in property taxes, under a bill approved Monday by a House council.
With three months to go before the 2006 Kentucky General Assembly convenes in Frankfort, Lt. Gov. Steve Pence told a group of lawmakers and lobbyists Sept. 27 not to expect Republican Gov. Ernie Fletcher and his administration to be out in front on the casino gambling issue.
- By Tom Precious
Legislation has been introduced in New York to sweeten the pot for racetracks operating video lottery terminals, and to encourage the New York Racing Association's VLT partner to begin construction of a new casino at Aqueduct.
by Steve Moody - While the gap between Indiana racing and Kentucky racing is still distinct when you're talking about Keeneland and Churchill Downs, the gap has narrowed significantly with respect to Turfway and Ellis Park.
By Bob Summers -- The racing industry might learn something from what I overheard recently at an off-track betting parlor in Niagara Falls, N.Y.
- By Victor Ryan
Legislators in Illinois have begun grumbling over riverboat casino legislation passed in 1999 that earmarks 15% of adjusted gross revenue from the state's 10th and final casino to the state's horse industry.
The Illinois Gaming Board Monday picked Isle of Capri Casinos Inc. to receive the state's 10th casino license.
An auction between three companies seeking to buy Illinois' tenth casino license, which would provide 15% of adjusted gross revenue to the horse industry, closed Thursday with Harrah's Entertainment the highest bidder. A final decision on who gets the license will be made by the Illinois Gaming Board Monday.
Bid amounts were announced for a dormant Illinois casino license, with Penn National Gaming submiting the highest offer.
Penn National Gaming has submitted a bid to finance and construct a casino in the Chicago area. Penn National was one of seven companies interested in buying the bankrupt Emerald Casino and one of three companies that expressed interest in building a casino in Rosemont, Ill. Financial details of the bid were not disclosed.
Proposals for building a racetrack and a casino will go before city residents of Romulus, Mich., for a vote in December.
There's a lot of love going around at Delta Downs. Beginning on Feb. 14, Valentine's Day, the track will increase purses an average of 40%, with open races feeling the uptick the most.
Former Delta Downs owner Shawn Scott has received approval to take over ownership of Vernon Downs in upstate New York.
Showboat Development has reportedly re-filed in Pennsylvania a lawsuit related to the operating rights of slot machines at Charles Town Races. A similar lawsuit filed in Nevada last year was dismissed Jan. 25 because of a lack of jurisdiction.
- By Ray Paulick
By Ray Paulick -- The expansion of gambling in the U.S., though it may have slowed in recent years, has not run its course.
- By Tom Precious
Officials in New York gave final approval early this morning to a historic gambling package giving most racetracks video lottery terminals, allowing up to six Indian-owned casinos in Western New York and the Catskills and expanding the state's lottery offerings.
Penn National's stock got a huge boost this week from a glowing first quarter earnings report and an announcement that it will soon close a deal involving casinos in Canada and Louisiana.
Penn National Gaming reported triple digit increases in revenue and earnings for the fourth quarter ending Dec. 31. Slot machines at Charles Town Races and two Mississippi casinos fueled the growth.
Two legislative bills filed in Texas could legalize casino gambling on the reservations of three Indian tribes if they become law.
Efforts to have a constitutional amendment placed on the Nov. 7 ballot for casino gaming in Arkansas have drawn opposition from several groups within the state.
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