Less than a week after the National Thoroughbred Racing Association released a report that recommended upgrades in wagering technology and a streamlining of tote systems in the United States, Magna Entertainment Corp. acquired a 30% equity and voting interest in AmTote International for $3.82 million.
Friday, August 22, 2003Instant Racing, launched in Arkansas three years ago, was approved for use at pari-mutuel facilities by the Wyoming Racing Commission July 11. The devices, which resemble video lottery terminals but are linked to pari-mutuel pools, will first be installed at an off-track betting parlor operated by Wyoming Downs.
Monday, July 14, 2003Instant Racing, a pari-mutuel video lottery game currently offered at racetracks in Arkansas, has been approved by the Oregon Racing Commission for use at the state's racetracks. Oregon is the second state to approve the devices.
Friday, April 25, 2003Oaklawn Park has raised purses $1,000 across the board in all races except stakes events.
Wednesday, March 26, 2003Legislation to authorize electronic games of skill at Arkansas racetracks has been introduced by state lawmakers.
Tuesday, March 04, 2003Eric Nelson wants to return Playfair Race Course near Spokane, Wash., to its "glory days." On Oct. 31 the Washington Horse Racing Commission gave Nelson the go-ahead to start that process by granting him an operating license.
Wednesday, November 06, 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, 2002Former AmTote president Ted Mudge began working at Magna Entertainment this week.
Friday, May 31, 2002As Oaklawn Park prepares to enter the heart of its winter-spring season, the Hot Springs, Ark., racetrack announced a third purse increase, effective March 16.
Thursday, March 14, 2002Good weather and higher handles are driving up purses at Oaklawn Park and Turfway Park. Oaklawn will increase purses by $1,000 per race starting Saturday, while Turfway Park will increase purses 7% beginning with Friday's card. Both purse increases exclude stakes races.
Friday, February 22, 2002Oaklawn Park raises the curtain on its 54-day meet Friday in the heart of Hot Springs National Park in Arkansas. The oval first saw racing in 1905.
Friday, January 25, 2002It has taken almost four years, but "Instant Racing" machines have become an overnight sensation at Oaklawn Park in Hot Springs, Ark. In November, handle generated by the machines topped $1.2 million.
Tuesday, December 11, 2001The principle owners of "Instant Racing" are ready to aggressively market their product to racetracks in other states and countries now that a deadline that challenged the legality of the game in Arkansas has passed.
Wednesday, November 01, 2000An Arkansas judge today dismissed a lawsuit aimed at shutting down an electronic racing game offered at Oaklawn Park.
Friday, August 25, 2000