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Statehouse Blues

By Ray Paulick -- The governors of New York and California may strike deals that will hurt the racing industry.

Chicago Casino Deal in the Works?

MGM Mirage could take over efforts to build a riverboat casino in Rosemont, Ill., near O'Hare International Airport that would pump tens of millions of dollars into the horse racing industry.

Casino, New York Tribe Strike Deal

Casino gambling in the Catskill Mountains of New York took a major step forward with the signing of an agreement between an Indian tribe and the world's largest casino company to manage a sprawling betting resort.

Report: Group Seeks Expanded Calif. Gaming

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A push is under way in California for expanded gaming at proposed casinos or any outlet that currently holds a gaming license, including racetracks, according to published reports.

Penn National Gaming to Buy Colorado Casinos

Penn National Gaming has agreed to purchase the assets of the Bullwhackers Casino operations from Colorado Gaming and Entertainment Co., a subsidiary of Hilton Group, for $6.5 million in cash. The Pennsylvania-based company already has gaming holdings in Louisiana and West Virginia.

Keeneland Not Immune From Simulcast Decline

Simulcast handle at most Kentucky racetracks has fallen or remained static in each of the past several years. An exception has been Keeneland, which experienced nine consecutive years of growth through 2000, when the amount wagered on simulcasts topped a record $104 million.

Australians Banned From Online Wagering

Australians have effectively been banned from gambling with online casinos. The Australian Federal Government made several 11th-hour compromises to get its watered-down internet gambling bill through the Senate stage on June 28. As the bill was passed at the final sitting before the winter recess, it became illegal for Australians to bet with online casinos offshore as well as domestically.

Internet Gambling Bill Passes Nevada Senate

Legislation to legalize Internet gambling passed the Nevada Senate on a 17-4 vote Monday and was sent to Gov. Kenny Guinn. The Associated Press reported that Internet gaming could be worth $6 billion to the state's casino industry by 2003.

Judge's Ruling Could Stymie New York Casinos

A state judge in New York has slapped down the governor's ability to negotiate casino deals on his own with Indian nations -- a major ruling that could halt a number of efforts under way by tribes to build new casinos.

Illinois Racing Could Receive $10-Million From Casino

They won't be seeing it anytime soon, but Illinois racetracks and horse owners each can expect about $10 million a year as their cut of a Cook County riverboat casino. There has been speculation - sometimes wild speculation - since the 1999 revision of Illinois gaming and racing laws about how much racing can expect as its 15 percent share of the adjusted gross annual revenue from the boat. The fiscal 2002 Illinois budget presented by Gov. George Ryan on Feb. 21 provides a semi-official answer: $20 million, split 50/50 between purses and tracks.

Casino in 'Big Easy' Files for Bankruptcy Protection--Again

For the second time in the past five years, the first casino in New Orleans, La., has filed for protection under federal bankruptcy laws. Unlike the previous bankruptcy filing in 1995, however, the casino will continue to operate as it seeks to cut its indebtedness and tax burden to the state, according to the New Orleans Times-Picayune.

Casino Proposals Intensify In Upper Midwest

Casino gaming is becoming a hot topic in the upper Midwest, with a privately-managed, state-owned facility being proposed in Minnesota and three Indian groups in Wisconsin joining forces with an ailing Greyhound track in a casino proposal.

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