Indianapolis Downs LLC, which operates Indiana Downs and its companion Indiana Live! Casino, said April 7 it has filed voluntary Chapter 11 petitions.
Representatives of Indiana's horse racing and breeding industry are lobbying against part of the proposed state budget that would reduce its share of revenue from racetrack gaming by about 55%.
Cordish Cos. of Baltimore has sued the Maryland Jockey Club and the owners of Indiana Downs for allegedly conspiring to defame the company, which plans to build a slot machine casino at the Arundel Mills Mall in Maryland.
The proposed Indiana budget bill includes a line item that would almost cut in half the amount horse racing receives from racetrack slot machines.
An expanded stakes schedule and an increase in overnight purses are part of the Hoosier Park Racing & Casino Thoroughbred meet that begins July 31.
Indiana Downs set a total handle record for one program when it wrapped up its 2010 meet July 14.
The most money ever was wagered June 30 on a single race, $379,220, and on a single race card, $2,140,490.
Indiana Downs, citing weather-related cancellations, will increase some overnight purses and state-bred supplements in open races 30% effective June 29. The meet ends July 14.
Churchill Downs announced June 8 it will raise overnight purses 10% effective June 12 for the final three weeks of its spring meet.
When Indiana Downs didn't card a scheduled $75,000 stakes May 26 due to a shortage of entries, red flags were raised as to whether there was another reason the race wasn't run.
Ellis Park will offer higher purses for some Kentucky-bred horses under a plan approved by the Kentucky Thoroughbred Development Fund advisory committee.
Jockey Nelson Arroyo was sent to Methodist Hospital in Indianapolis after sustaining injuries when his mount, Cause and Effect, broke down in the stretch of Indiana Downs' eighth race on April 20.
Less than two years into its slots-at-racetracks initiative, Indiana is in conflict and debate over its Thoroughbred racing and breeding programs, and how to strike a balance between them.
Ellis Park officials said Oct. 27 the racetrack will shut down after Nov. 8 and suspend simulcast operations until April 1, 2010. The move affects 75 full- and part- time employees at the Western Kentucky track.
While business nationally continues to show double-digit declines, Indiana Downs once again bucked the trends during its recently-concluded 62-day race meet. The Shelbyville track, offering a slots-enriched program, enjoyed a record-setting Thoroughbred meet, with nearly all indicators showing growth. The Indiana Downs product generated nearly $61 million in total handle, an increase of 19.5% from 2008.
The Indiana Horsemen's Benevolent and Protective Association said it was part of a discussion to assist racetracks by surrendering a portion of horsemen's revenue from slot machines but isn't a member of the coalition that issued a June 16 release to that effect.
Four horsemen's and breeders' organizations in Indiana said June 16 they will, over a three-year period, give racetracks a share of their revenue from slot machines to help stabilize the tracks.
Mike Lauer would like nothing more than to win the Snack Stakes, which is named after one of the best Indiana-bred 3-year-olds to race. Snack was euthanized in March 2005 in a stakes that might have determined whether he would have participated in Triple Crown events.
Association of Racing Commissioners International president Ed Martin said April 23 a wagering system foul up April 22 poisoned wagering pools in five states affecting bettors across the country.
More competition for Kentucky racing will come April 20 when Indiana Downs begins a 62-day meet featuring purse increases for most overnight races and an expanded stakes schedule worth more than $1 million.
Hoosier Park Racing & Casino and Indiana Downs have submitted requests for 2009 schedules that could significantly impact surrounding states.
The Indiana Horse Racing Commission approved a plan Aug. 14 that calls for significant increases to purses offered through the Thoroughbred Breed Development program at the upcoming Hoosier Park meet.
Despite downward trends in wagering nationwide, Indiana Downs bucked the trend by staying relatively flat during its 54-day Thoroughbred meet that ended July 8.
The slots era in Indiana is off to a strong start as the casinos at both Hoosier Park and Indiana Downs combined to pull in a little more than $26 million in adjusted gross receipts during the first month of operation.
The temporary "Indiana Live!" slot-machine casino at Indiana Downs opened to the public June 9, ushering in a richer future for the state's horsemen. But purses won't be going up any time soon.
Jockeys riding at Indiana Downs and Hoosier Park will receive a two-stage increase in their losing mount fees beginning Monday, May 26 at Indiana Downs.
The Indiana Horse Racing Commission voted May 12 to extend the grace period for anabolic steroid positives at Hoosier Park and Indiana Downs to 90 days.
Jockey Orlando Mojica, one of the top riders at the recent winter/spring meet at Turfway Park, booted home his 1,000th career winner April 26 at Indiana Downs.
Indiana Downs enjoyed a promising start to its 54-day Thoroughbred meet April 25-26, with large crowds and strong wagering. Indiana Downs will offer racing through July 8.
Steroids, new emergency rules for horse racing, and updates on racetrack casino construction at Hoosier Park and Indiana Downs dominated the discussion during the March 11 Indiana Horse Racing Commission meeting.
Indiana is moving forward with plans to implement regulation and testing of anabolic steroids in racehorses April 1.
Centaur Inc., owner of Hoosier Park in Indiana, closed Oct. 30 on a $1-billion financing package, almost half of which will be used to develop a slot-machine casino at Hoosier.
The Indiana Horse Racing Commission has unanimously approved the Thoroughbred racing calendar for 2008, awarding 117 days for the state's horsemen at two racetracks.
The Indiana Horse Racing Commission's ban on the import of signals from Arlington Park and Calder Race Course turned out to be short-lived.
The Indiana Horse Racing Commission voted unanimously Aug. 21 to ban the import of signals from Arlington Park and Calder Race Course at all wagering outlets in the state.
Hoosier Park officials were given the green light Aug. 21 to break ground on a proposed 92,000 square-foot slot-machine casino.
It appears the simulcast signals from Arlington Park and Calder Race Course could be pulled from other Indiana wagering outlets, this time at the urging of the Indiana Horse Racing Commission.
Indiana Downs is weighing its options in the wake of a decision by Churchill Downs Inc. to pull its racing signals from an Indiana Downs-owned off-track wagering parlor.
Indiana Downs reported handle growth during its 2007 Thoroughbred meet, including a 28.71% increase in total wagering on the live product. Total handle has more than doubled since 2005.
Two Indiana racetracks are buying land for the purpose of expanding their operations given the advent of slot machines.
Indiana lawmakers advanced a bill to the desk of Gov. Mitch Daniels late April 29 that would permit slot machines at Hoosier Park and Indiana Downs, but each track must pay $250 million up front for a slots license.
An Indiana legislator has proposed licenses to operate slot machines at two racetracks in the state be auctioned to the highest bidder.
The Indiana Senate has approved legislation that would authorize slot machines at Hoosier Park and Indiana Downs. The measure now goes back to the House of Representatives, where changes made by the Senate can be approved or rejected.
Legislation to authorize slot machines at Hoosier Park and Indiana Downs continues to be reshaped in the Indiana legislature. The full Senate could determine its fate March 27.
Legislation that would allow slot machines at Indiana's two pari-mutuel racetracks was endorsed by a Senate committee on a 9-3 vote March 20, but there are concerns about a $400-million license fee each track would have to pay for the right to operate slots.
Legislation to authorize slot machines at Indiana's two pari-mutuel racetracks has cleared a second House committee.
Up to 5,000 slot machines could draw crowds to Indiana's struggling horse racing tracks -- and bring in millions for the state -- under a proposal advanced by a House committee Wednesday.
A proposal that could lead to eliminating the state's $27-million-a-year subsidy to the horse racing industry likely won't make it out of the starting gate.
The Indiana Horse Racing Commission has unanimously approved a 2007 racing calendar for the state's Thoroughbred horsemen that offers 109 dates at Indiana Downs and Hoosier Park
The Indiana Horsemen's Benevolent and Protective Association is conducting a special election to fill the office of president and each of 10 board seats. The election comes in response to dissention among the membership after four elected officials were removed last November for allegedly violating the organization's bylaws.
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