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Racinos Defied 2008's Declining Gaming Trend

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.

Seven Bids Submitted For Aqueduct Casino

Seven Bids Submitted For Aqueduct Casino

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.

NY Officials Scramble for Aqueduct Bids

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.

Tracks Could Lose Revenue in Fed Inquiry

Tracks Could Lose Revenue in Fed Inquiry

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 Loses Bid for Casino

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Hawthorne Loses Bid for Casino

Hawthorne Race Course has lost its bid to build and operate Illinois' 10th riverboat casino, with three other potential sites making the final cut.

Order Sought to Halt 'Compact' Gaming

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.

CDI: 2007 Challenges, 2008 Opportunities

CDI: 2007 Challenges, 2008 Opportunities

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.

Ellis Park Owner Vows to Battle On

Ellis Park Owner Vows to Battle On

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.

Beshear and Fletcher Continue Kentucky Casino Debate

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.

Pro-Casino Beshear Speaks at Horse Industry Fundraiser

Pro-Casino Beshear Speaks at Horse Industry Fundraiser

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.

VLT Legislation Introduced in New York

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.

Public Perception

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.

Harrah's Top Bidder in Fight for Final Illinois Casino License

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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.

Penn National Submits Bid for Casino

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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.

Showboat Re-Files Lawsuit Against Penn National

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.

Taking the Fall

By Ray Paulick -- The expansion of gambling in the U.S., though it may have slowed in recent years, has not run its course.

New York Adopts VLT, Casino Legislation

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.

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