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Churchill Downs Inc. announced it has entered into a definitive purchase agreement to acquire Oxford Casino in Oxford, Maine, for total consideration of approximately $160 million to be paid in cash.
Friday, March 29, 2013New York officials are all but certain to put off final negotiations on a play to add up to seven casinos in New York until later in the legislative session.
Monday, March 11, 2013New York Gov. Andrew Cuomo said he does not believe specific locations have to be identified before voters might get their say next year on possible sites for up to seven new casinos.
Tuesday, December 18, 2012
New York Gov. Andrew Cuomo is making clear that racetrack operators will not get their wish to get exclusive rights for new, Las Vegas-style casinos if New York next year approves a sharp expansion of gambling.
Monday, June 04, 2012
The governor of New York is still not ready to divulge where he thinks new casinos should be located in the state, but said people are in a "state of denial" if they think casino gambling does not already exist in New York.
Thursday, March 08, 2012
Though the gambling amendment was defeated, there are signs of positive change in the Kentucky legislature.
Legislation introduced in the Kentucky General Assembly Feb. 14 authorizing a constitutional amendment on expanded gambling calls for up to seven casinos--up to five at racetracks--if it becomes law.
Tuesday, February 14, 2012
The hearing room at the New Hampshire Legislative Office Building was filled to capacity Feb. 13 as amendments to an expanded gambling bill were fiercely debated.
Monday, February 13, 2012
The New Hampshire House of Representatives will take up expanded gambling when a full vote on HB593 comes to the floor Feb. 8 and passage could bring the return of live Thoroughbred racing one step closer.
Monday, February 06, 2012
Voters in Gadsden County, Fla., Jan. 31 approved a ballot issue that authorizes a casino with slot machines at Gretna Racing, the Gretna facility that completed the first pari-mutuel barrel racing meet in Florida.
Wednesday, February 01, 2012By a vote of 5-0, the New Hampshire Senate Ways and Means sent a bill that would authorize four casinos and up to 10,000 slot machines in New Hampshire to interim study on Nov. 8.
Wednesday, November 09, 2011A report from the Rutgers Equine Science Center details the economic impact of horse racing and breeding in New Jersey and says revenue from alternative gaming at racetracks has supported and fueled those programs in other states.
Wednesday, July 29, 2009
On a day where Penn National Gaming reported a $40.66 million profit for the first quarter of 2009, executives criticized recent reports the company was pursuing multiple casino properties in Las Vegas.
Thursday, April 23, 2009
New York Gov. David Paterson is proposing to permit a casino at Belmont racetrack, a move he believes will raise $370 million in a franchise fee payment to the deficit-ridden state.
Tuesday, December 16, 2008Three casinos would be permitted in New York's Catskills tourist region under a constitutional amendment introduced in the Legislature for consideration next year.
Friday, December 12, 2008An Ohio lawmaker whose district includes River Downs said Nov. 26 he plans to introduce legislation in 2009 for casino-style gaming that would support the horse racing and breeding in the state.
Wednesday, November 26, 2008
The top Republican in the New York state Legislature is, again, calling on the governor and Democrats to back an effort to bring a casino to Belmont Park.
Sunday, October 26, 2008
Atlantic City casinos have agreed to boost financial help for New Jersey's racetracks, but officials said long-term funding issues remain.
Tuesday, March 04, 2008
A Republican-dominated state panel overseeing Thoroughbred racing in New York has curbed the ability of its new chairman to broker deals with the New York Racing Association. The chairman was appointed by Democrat Gov. Eliot Spitzer. The move came the same day Spitzer released his 2008 state budget plan, which includes revenue from a proposed casino at Belmont Park.
Tuesday, January 22, 2008
Two weeks before the Breeders' Cup World Championships at Monmouth Park, New Jersey Gov. Jon Corzine said he would support financial assistance for the state's horse racing and breeding industries.
Saturday, October 13, 2007A top Las Vegas casino company is assuring New York officials it's anxious to get started with construction of a video lottery terminal casino at Aqueduct.
Friday, September 15, 2006The Pennsylvania Senate passed legislation June 27 that would eliminate an obstacle that has kept slot machine casinos from being licensed. But the bill includes a potentially volatile provision that would raise the tax on casino slots revenue by 4%.
Wednesday, June 28, 2006Legislators from around the country were urged June 2 to study existing regulations in the United States and around the world before they alter their policy statement on Internet gambling.
Friday, June 02, 2006Revised legislation that would provide the Illinois horse racing industry with casino revenue passed the state House of Representatives 70-32 April 26 and heads to the Senate for consideration.
Thursday, April 27, 2006Ohio Attorney General Jim Petro has rejected requests of three groups seeking to put the issue of video lottery terminals at racetracks on the ballot this year.
Thursday, April 13, 2006Gambling proponents announced a proposed constitutional amendment March 24 to allow video slot machines at the seven racetracks in Ohio. The proposal, which calls for slots at non-track sites in Cincinnati and Cleveland, would also allow voters in counties with racetracks to vote in four years on establishing full casinos with table games in those areas.
Friday, March 24, 2006Ohio racetracks and a Cleveland developer are reportedly close to a deal on language for a November referendum on slot machines at the tracks and three non-track locations.
Wednesday, March 22, 2006At a March 20 statehouse rally in Boston, hundreds of local horsemen, track employees, city mayors, and labor leaders pressed lawmakers for action on a proposal that would add 2,000 slot machines at each of the state's four pari-mutuel facilities.
Wednesday, March 22, 2006A Kentucky House committee approved legislation March 15 to authorize a constitutional amendment on casino gambling, but the substitute measure--believed to have little or no chance of passage in the full House--makes no mention of racetracks or dedicated revenue for state programs, the lynchpins of legislation proposed by the Kentucky Equine Education Project.
Wednesday, March 15, 2006More than nine in 10 Kentucky voters (92 %) believe they should be given an opportunity to vote on a constitutional amendment allowing for casino gaming even if they are opposed to expanded gambling, according to the finding of a recent survey of 801 Kentucky voters conducted on behalf of KEEP˜the Kentucky Equine Education Project.
Thursday, January 05, 2006Delta Downs Racetrack & Casino and several other gaming facilities in southwest Louisiana were shuttered as Hurricane Rita made landfall near the Texas-Louisiana border the morning of Sept. 24.
Sunday, September 25, 2005A proposed tribal mega-casino less than seven miles from Golden Gate Fields spurred a massive lobbying effort from California's $4.5-billion horse racing industry the week of Aug. 23.
Thursday, August 26, 2004Maryland officials who oppose expanded gambling met with lawmakers and activists in Pennsylvania April 28 in the hope of combating any push for racetrack slot machines or casinos.
Thursday, April 29, 2004Kentucky legislators have left open the possibility expanded gambling could be revisited in the future, but they claim greed and resistance by the horse racing and breeding industry put a casino bill on the shelf for the 2004 session. Industry officials disagree with that perspective.
Wednesday, March 10, 2004Disagreement between the horse racing industry and a legislator has put casino legislation in Kentucky in a tenuous position for the current session.
Tuesday, March 09, 2004Officials representing the horse industry said Wednesday following a Kentucky House of Representatives Licensing and Occupations committee meeting that full industry support for casino gaming at five racetracks and four off-site locations comes down to cleaning up language in the proposed bill. The bill, which was filed by Democrat Rep. Larry Clark, is expected to be heard in full committee during its March 10 meeting.
Wednesday, March 03, 2004A spokesman for Oklahoma Governor Brad Henry says the governor could sign the gaming bill on his desk by early next week.
Tuesday, March 02, 2004Legislation to authorize a constitutional amendment on casino gambling at nine locations--five of them racetracks--in Kentucky was filed Feb. 27 in the state House of Representatives. A companion bill was filed in the Senate.
Friday, February 27, 2004Prairie Meadows and two Greyhound tracks will be permitted to offer table games under Iowa legislation that bans new gaming licenses in counties where they aren't currently in place.
Friday, February 27, 2004Maine's Harness Racing Commission voted Tuesday to give Penn National Gaming Inc. the go-ahead to operate Bangor Raceway, bringing slot machines a step closer to reality at the state's commercial tracks.
Wednesday, February 18, 2004Former Kentucky Governor and Airdrie Stud owner Brereton Jones called for an amendment to the state's constitution allowing for full-scale casino gambling only at the state's eight racetracks Thursday evening while addressing the Kentucky Thoroughbred Farm Managers Club. The plan differs from one discussed earlier in the week by state legislators that would allow for casinos at racetrack and non-racetrack locations.
Friday, February 13, 2004Racetracks in New York would be permitted to have full Las Vegas-style casinos under new state legislation that also calls for a constitutional amendment to permit non-Indian casinos in the Catskills and Western New York.
Thursday, February 12, 2004Officials representing the Kentucky horse industry agreed Wednesday to proposed alternative gaming legislation that would put casinos at four racetracks and four other non-racetrack facilities in the state.
Thursday, February 12, 2004Within the week the Massachusetts legislature is expected to address an economic stimulus package which includes as many as 6,000 slot machines at racetracks. The Boston Herald reported Wednesday that the amendment was filed by Senator Brian Lees.
Wednesday, November 05, 2003Delta Downs near Vinton, La. Won approval to enlarge its slot-machine parlor to an overall size of more than 40,000 square feet.
Wednesday, October 22, 2003By Ray Paulick -- The governors of New York and California may strike deals that will hurt the racing industry.
Tuesday, February 04, 2003Emerald Downs' biggest competitor will soon own the track's 157-acre property. The Muckleshoot Indian Tribe has agreed to purchase the land where the 6-year-old racetrack sits.
Tuesday, November 26, 2002Penn National Gaming announced Wednesday it will acquire three more casinos for $780 million.
Thursday, August 08, 2002Eric Nelson, the new operator of Playfair race course near Spokane, Wash., is considering racing options for Yakima Meadows, a track about 200 miles southwest of Spokane.
Wednesday, June 12, 2002Racetrack casinos in five states generated $2.1 billion in revenue and $577.9 million for state and local governments, according to the American Gaming Association's "State of the States" survey of casino entertainment.
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