Prediction from a few racing industry executives: If you're a racetrack without slot machines, you're doomed.
Kentucky Senate President David Williams said April 27 issues in the horse racing and pari-mutuel industry are "complicated," but lawmakers intend to continue working on ways to strengthen the business.
The Ohio State Racing Commission met with four representatives from Penn National Gaming Inc. April 20 to question them on the proposed purchase of Beulah Park in Grove City, Ohio.
Horse racing at Pennsylvania racetracks is helping casino companies make more money on slot machines, according to one piece of information in the Pennsylvania Gaming Control Board's 2009 report on racetrack gaming.
Attendees at the annual RCI meeting in Lexington had lots to say about various issues in the Thoroughbred racing industry.
The changing climate of the Thoroughbred industry and key areas of improvement were prominent topics of discussion by trainers Jonathan Sheppard and Christophe Clement at the Kentucky Thoroughbred Farm Managers Club meeting.
West Virginia racing's "10-10-10 program," which offers purse supplements to in-state Thoroughbred owners, as well as breeders and stallion owners, will return under legislation signed into law April 2 by Gov. Joe Manchin.
If the Kentucky General Assembly ends without passing legislation that would statutorily permit Instant Racing machines at Kentucky racetracks, the state racing commission would then consider its options.
A United States Bankuputcy Court judge in Maryland has tossed out a plan by Cloverleaf Enterprises Inc. to sell Rosecroft Raceway without having to make good on several claims.
The Arundel County Board of Elections certified April 1 a petition by residents of the Maryland county to have a November referendum on slot machines.
Ohio Secretary of State Jennifer Brunner has ruled LetOhioVote.org submitted petitions containing more than 300,000 valid signatures, which is enough to place the issue of racetrack video lottery terminals on the ballot.
Legislation to authorize Instant Racing at Kentucky racetracks apparently won't come up again anytime soon.
The New Hampshire Senate March 24 passed legislation authorizing video lottery terminals at six locations, including Rockingham Park.
New York Gov. David Paterson is pushing a plan with legislative leaders to re-bid the Aqueduct casino project, a proposal that could push off a final decision until the end of the year.
A bill on West Virginia's 10-10-10 program, which offers purse supplements to in-state Thoroughbred owners, as well as breeders and stallion owners, awaits action by the governor.
Republican Kentucky Sen. Damon Thayer spent more than an hour March 18 in a GOP caucus in an attempt to make a case for Instant Racing via statutory approval.
Legislation to aid the horse industry in Kentucky may be dead after developments in the state capital March 17.
Philly Park has been granted a table games license, but horsemen there want improvements made to racing-related facilities on the property.
Legislation authorizing Instant Racing at Kentucky racetracks is in line for major revisions that would place approval squarely in the lap of the governor or Kentucky Horse Racing Commission.
The on-again-off-again Pimlico Special (gr. I) is off again for this year, according to a stakes schedule released by the Maryland Jockey Club March 16.
An executive with RaceTech, the company that produces Instant Racing machines, said the product has held up well against electronic games of skill at Oaklawn Park in Arkansas.
Legislation authorizing Instant Racing, a tax on advance deposit wagering, and a reduction in the pari-mutuel excise tax sailed through the Kentucky Senate Committee on State and Local Government March 11.
The chair of the Pennsylvania Horse Racing Commission said March 10 racetrack casinos in the state are expected to demonstrate "concrete ways their commitment to live racing and breeding."
During the first full month of operation, slot machines at Calder Casino & Race Course placed third in pre-tax revenue among the five pari-mutuel casinos in southeast Florida.
Penn National Gaming Inc. said March 8 that it has entered into a definitive agreement to purchase Beulah Park in Grove City, Ohio.
Centaur LLC, the owner of Hoosier Park Racing & Casino and saddled with significant debt and interest payments, has filed for bankruptcy.
The Maryland Jockey Club, as well as community groups, March 5 submitted 16,702 additional signatures to the Anne Arundel County Board of Elections in a push to have citizens of the county vote on a zoning permit for slots.
Beulah Park in central Ohio is poised to be, or has been, sold to Penn National Gaming Inc., according to Ohio racing industry representatives.
Yet another bill authorizing gaming at racetracks has been introduced in the Kentucky General Assembly. With less than a month to go in the session, no action has been taken on any gaming-related legislation.
West Virginia horse racing's "10-10-10" program, which offers purse supplements to in-state Thoroughbred owners, as well as breeders and stallion owners, would return under legislation passed by the state Senate March 2.
Mountaineer Casino, Racetrack & Resort is having a hard time getting its 2010 meet under way.
In a major sign the Aqueduct video lottery terminal project could be in jeopardy, Gov. David Paterson is no longer counting on the winning bidder to supply the cash-starved state with $300 million by March 31.
The Kentucky Equine Education Project Feb. 12 reiterated its calls for immediate action from the Kentucky General Assembly to assist the horse industry in the state.
Gov. Steve Beshear is urging Kentucky lawmakers to take another look at legalizing video lottery terminals to avoid cuts in the state's next budget.
After several meetings, two Michigan horsemen's groups have remained unsuccessful in convincing Dan Adkins of Hazel Park to amend the language of a petition concerning the approval of eight new casinos in the state.
A November 2010 ballot question on racetrack video lottery terminals in Ohio moved a step closer to becoming reality Feb. 8.
Legislation that would allow New Jersey racetracks and Atlantic City casinos to accept wagers on sporting events will go before an Assembly panel the week of Feb. 8.
With the exception of Oklahoma Derby day Oct. 10, Remington Park will eliminate Sunday racing from its fall Thoroughbred schedule, track officials said.
A poll indicating strong support for racetrack video lottery terminals -- and even stronger support for a constitutional amendment on the issue -- generated plenty of talk among Kentucky legislators Feb. 3.
Table games could be operating at three Delaware racetracks sometime this summer.
A surprisingly good night for business on a winter evening at Turfway Park doesn't hide the fact Kentucky's year-round Thoroughbred racing industry is in serious trouble.
A transition committee has submitted a report that recommends statewide consolidation of the New Jersey horse racing industry, shorter Thoroughbred meets at Monmouth Park, and the opening of more off-track betting parlors.
Legislation calling for a constitutional amendment on any expansion of gambling in Kentucky failed to garner the required number of votes for passage in the state Senate Jan. 21.
Legislation calling for a constitutional amendment on any expansion of gambling in Kentucky passed a Senate committee Jan. 20 on a predictable party-line vote.
Democratic Kentucky Gov. Steve Beshear called the state legislature's bluff Jan. 19 by presenting a two-year budget that relies on more than $700 million in revenue from gaming machines at racetracks.
Saying his bill for a constitutional amendment on expanded gambling in the state is gaining support from some members of the Kentucky horse industry, Republican Sen. Damon Thayer put action on the bill on hold Jan. 13.
Dennis Drazin, a longtime Thoroughbred owner and breeder who has served as president of the New Jersey Thoroughbred Horsemen's Association, has been confirmed as a member of the New Jersey Racing Commission.
The Delaware Sports and Video Lottery Commission Jan. 12 rejected the results of a study that suggests adding two casinos in the state would increase revenue and jobs.
The Florida Department of Business and Professional Regulation recently appointed Milton Champion director of the Florida Division of Pari-Mutuel Wagering.
As the Delaware government awaits the results of an independent study into the expansion of casino gambling in the state, a study commissioned by three racetracks concluded the addition of casinos will cannibalize the market.
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