The Kentucky Horse Racing Commission on Monday, March 23, approved changes that will allow more flexibility in the use of Kentucky Thoroughbred Development Fund purse money generated by wagering on historical races.
In April Kentucky Downs plans to change its current historical racing machines, currently the Cella family's Instant Racing games, to a new player in the market called Encore Gaming.
Portland Meadows concluded its 2014-15 meet Feb. 10 with increases in overall and in-state handle during the 36-day stand, and a slight decrease in purses.
A Florida-based company said Feb. 12 it will enter the historical race wagering market as a systems, platform, tote, and game provider.
The Kentucky Thoroughbred industry is more than holding its own despite national declines and the absence of alternative revenue sources available in other states, officials said Feb. 3 at the CBA symposium.
The departure of the executive director of the Kentucky Equine Education Project is apparently related to changes in staffing and expenditures as it refocuses its efforts away from trying to get legalized casino gambling.
Keeneland has moved closer toward launching historical race wagering both in Lexington with harness track partner The Red Mile and on a planned new Quarter Horse track in the Corbin, Ky. area.
Historical race wagering at two Kentucky racetracks registered healthy increases in October versus the same month in 2013, according to statistics released by the Kentucky Horse Racing Commission.
A Circuit Court judge said Nov. 3 he would issue a ruling within two to three weeks on a motion seeking a trial date and other deadlines in connection with a lawsuit challenging the legality of historical racing in Kentucky.
Keeneland and The Red Mile, a Lexington harness track, have officially agreed to consolidate historical racing machines in one facility that will be built at The Red Mile.
While it will need regulatory approval, track officials said Tuesday, Oct. 15, an agreement is largely in place for Keeneland to purchase the current Standardbred track Thunder Ridge.
The Texas Racing Commission must prevail in a Nov. 10 hearing before it can begin accepting applications by racetracks to offer Instant Racing machines. The December meeting is the soonest applications could be accepted.
A coalition representing racing and breeding interests in Texas has retained an attorney to assist in the continued push for historical race wagering, an electronic form of wagering based on previously run horse races.
The Texas Racing Commission Aug. 29 approved a plan to allow historical racing at horse and dog tracks statewide, despite pending legal action, reports the Fort Worth Star-Telegram.
The Oaklawn Jockey Club has announced it is projecting a record purse distribution of $23.5 million for its 2015 racing season, the seventh consecutive year of increased purses.
The Texas Racing Commission has indicated it won't address historical race wagering at its Aug. 12 meeting because it needs more time to study it.
Advance deposit wagering and historical race wagering are on the West Virginia Racing Commission's legislative wish list for 2015.
Keeneland Association is apparently delaying its plans to offer historical racing at a new 40,000-square foot facility that was scheduled to open in July 2015.
The Kentucky Horse Racing Commission has approved a plan to distribute an additional $1 million in purse money from the Kentucky Thoroughbred Development Fund in 2014 and 2015.
The 2014 Kentucky Downs September meet will feature record purses in excess of $1 million per card for each of its five days. The Franklin, Ky., track will open Saturday, Sept. 6.
The Texas Racing Commission has approved the publication for public comment the proposed rules for historical race wagering, also known as Instant Racing, at tracks in that state that conduct live racing.
Since putting a new marketing plan in place for its Instant Racing games, Ellis Park has seen improvement in the business. The Kentucky track registered record monthly handle for the games at $3,024,776 in May.
Keeneland plans to offer historical racing at a new 40,000-square foot facility to be built on the property and scheduled to open in July 2015. The new Keeneland Event Center will offer 600 Instant Racing games.
The number of historical race gaming machines in operation at Kentucky racetracks would increase substantially if the Kentucky Horse Racing Commission approves requests from Keeneland Racecourse and The Red Mile.
The Kentucky General Assembly early March 30 signed off on a $20 billion state budget that includes revenue components for the horse racing and breeding industry, including tax rates for Instant Racing and ADW.
Two Lexington racetracks are expected to apply for licenses to operate historical race wagering machines when the Kentucky Horse Racing Commission meets April 2.
Executives with Churchill Downs Inc. said Feb. 27 they are still actively pursuing casino gaming legislation and that their efforts are getting a boost from social media.
Ellis Park in Henderson, Ky., is seeking to make changes in its historical racing operations, including removal of 50 terminals that will be sent to Kentucky Downs in Franklin.
Instant Racing may have been the way to go all along. read blog
If the monthly average holds, total wagering on historical races in Kentucky will top $600 million by the end of February. The devices have been operating in the state for 29 months.
The Kentucky Supreme Court has ruled the state's horse racing commission has the statutory authority to allow wagering on historical racing, but questions about taxation will require further action in circuit court.
Instant Racing may not be ideal, but it may be all Kentucky gets.
- By Tom LaMarra
More musings on the horse racing industry, and some unanswered questions. read blog
A New Jersey Senate committee Dec. 9 approved legislation that would authorize historical race wagering, also known as Instant Racing, at the state's racetracks, off-track wagering parlors, and casino race books.
Wyoming Downs has selected KB3 Marketing as its partner to offer Historic Horse Race wagering at multiple locations throughout the state.
Kentucky Downs opened its 21st season of live racing Sept. 7 by shattering the single-day wagering record as $2,837,897 was wagered on Saturday's 10-race card.
Compared with 2012, average all-sources handle declined 17% at the recently completed Ellis Park summer meet, a decrease the track attributes to new competition and fewer off-track outlets in the state.
Proponents and opponents of historical race wagering expressed optimism that their respective sides will prevail following a lengthy hearing before the Kentucky Supreme Court Aug. 21.
Purse increases to 19 of 31 stakes races and the creation of a Racing Festival of the South Preview Day are among the highlights of Oaklawn's 2014 stakes schedule.
The Kentucky racetrack, which will offer live racing five days in September, released a condition book that shows more stakes and hefty overnight purses, including $90,000 for 2-year-old maiden special weight events.
A New Jersey lawmaker has introduced a bill to authorize historical race wagering, also called Instant Racing, at racetracks, off-track wagering facilities, and casinos in the state.
In a surprise announcement June 10, Portland Meadows said it will have live racing from July 21 through Jan. 26, 2014. The track recently was approved to install historical racing machines.
The Oregon Senate May 23 passed legislation authorizing Portland Meadows to install historical racing machines. The measure now goes to the governor for his consideration.
Despite concerns voiced by one member, the Kentucky Horse Racing Commission has approved an additional 40 historical race wagering machines and additional types of games and wagers at Kentucky Downs.
The Kentucky Quarter Horse Racing Association has thrown its support behind Keeneland's plan to jointly purchase an eastern Kentucky harness track license and build a Quarter Horse racetrack.
The Kentucky Senate Feb. 28 refused to accept a funding measure that would have shifted most revenue from historical race wagering to retirement programs at the expense of the horse industry.
The Kentucky House Feb. 27 passed legislation that in part would take revenue from historical race wagering to fund pensions for state workers, but one lawmaker questioned the bill's impact on the horse industry.
Wyoming became the second state to enact wagering on historical races via legislative action and the signature of the governor Feb. 27.
A Kentucky lawmaker said a General Assembly vote on a constitutional amendment on casino gambling hinges on several factors, none of which appear to be in place during the current legislative session.
Keeneland officials said they view their plan to build a Quarter Horse racetrack and entertainment center in southeastern Kentucky as part of an overall effort to improve the economics of the horse industry.
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