A deal that would allow horsemen to lease Suffolk Downs and operate a live race meet in 2015 and 2016 appears to be close at hand, representatives said at a hearing of the Massachusetts Gaming Commission Feb. 19.
The New Hampshire House of Representatives said no dice to casino gambling again May 7, handing supporters their third defeat in two months and dashing hopes that live Thoroughbred racing might return to Rockingham Park.
A New Hampshire House of Representatives committee voted 11-9 March 4 to recommend an expanded gambling bill be killed, although the bill moves to the full House for a floor vote expected as early as next week.
New Hampshire Gov. Maggie Hassan delivered her first State of the State address Feb. 6 and once again urged passage of a bill that would authorize a single high-end and highly-regulated destination resort casino.
A bill to expand gambling in New Hampshire that would have also opened the door for the return of live Thoroughbred racing at Rockingham Park was killed in a roll call vote of the House of Representatives May 22.
The New Hampshire House subcommittee studying expanded gambling narrowly voted May 15 to recommend that the bill to allow one high-end, highly-regulated destination casino be killed, but the full House will have its say.
Millennium Gaming has upped its ante significantly for the casino project it hopes to develop at Rockingham Park, but the company hasn't decided whether live Thoroughbred racing will return should it win a gaming license.
The New Hampshire Senate handily passed an expanded gambling bill with bipartisan support March 14 that would authorize one single, high-end casino along the state's southern border with Massachusetts.
New Hampshire edged closer to the expansion of gambling when the Senate Ways and Means Committee voted 4-1 on Mar. 5 to approve a bill that would authorize a single, high-end casino along the state's southern border.
While testifying first before the New Hampshire Senate Ways and Means committee and saying the time to move forward on expanded gambling is now, Gov. Maggie Hassan urged lawmakers Feb. 19 to support Senate Bill 152.
Even if Rockingham Park were to win a casino license, a return of live Thoroughbred racing isn't guaranteed. It does remain part of the plan, said an official with a company that would pursue a license if gaming is legalized.
The election of Maggie Hassan as the new governor of New Hampshire Nov. 6 makes expanded casino gambling and the return of live racing to Rockingham Park a real possibility.
The New Hampshire House of Representatives March 28 soundly rejected the expansion of gambling by a wide margin even though both supporters and opponents predicted that the vote would be razor thin.
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.
By 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.
New Hampshire moved closer to the expansion of gambling when a House of Representatives committee advanced a bill calling for two casinos with a combined 10,000 slot machines and table games.
On the heels of a new poll that revealed 56% of Massachusetts residents favor the expansion of gambling, state senators on Sept. 26 opened debate on a bill that has already passed the House by an overwhelming margin.
Magna Entertainment Corp. announced Tuesday that PA Meadows, LLC, a company owned by Cannery Casino Resorts, LLC, made payment to MEC of $175 million in cash and delivered a $25 million holdback agreement, representing the purchase price for The Meadows, a Standardbred racetrack in Pennsylvania.
Magna Entertainment Corp. has received conditional approval from the Pennsylvania State Harness Racing Commission to sell The Meadows, a western Pennsylvania harness track, for $225 million.
On the same day it reported a third-quarter loss of $34.5 million, Magna Entertainment Corp. announced it entered into a deal to sell its Pennsylvania operation--The Meadows harness track and a ring of off-track betting parlors in the western part of the state--to Millennium Gaming and Oaktree Capital Management for $225 million.
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