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On the eve of the release of racetrack gaming legislation on the call for a special session of the Kentucky General Assembly, the state's top lawmakers debated the merits of the plan and indicated it won't be a slam dunk.
Tuesday, June 09, 2009
Hialeah Park will be back in business "as soon as possible" with plans to eventually add Thoroughbred racing, officials of the Florida racetrack said June 8.
Tuesday, June 09, 2009An economic incentives package that will be part of a special legislative session in Kentucky includes a provision to attract future editions of the Breeders' Cup World Championships.
Friday, June 05, 2009Once again, the Texas legislature concluded its biannual session without passing a bill to legalize video lottery terminal at the state's racetracks. But the potential for a task force on the racing industry offers some hope for assistance.
Friday, June 05, 2009
Democratic Kentucky Gov. Steve Beshear announced June 4 that racetrack gaming would be included in the special legislative session that will focus on the state budget.
Thursday, June 04, 2009Democratic Kentucky Gov. Steve Beshear announced June 4 that racetrack gaming would be included in the special legislative session that will focus on the state budget.
Thursday, June 04, 2009Though racetrack gaming wasn't put on the initial call for a June 15 special legislative session in Kentucky, the state's horse racing industry expressed confidence the issue will be on the agenda -- and pass.
Wednesday, June 03, 2009
Ohio racing still has its supporters, who are finding ways to capitalize on declining purses and a shrinking foal crop in the face of competition from racetracks with gaming in neighboring states.
Tuesday, June 02, 2009Charles Town Races & Slots will offer purse incentives in certain races with seven or more starters effective June 6 in an effort to increase field size.
Monday, June 01, 2009
Kentucky Gov. Steve Beshear said May 29 he will call a special legislative session to deal with "the largest budget shortfall in modern Kentucky history," but stopped short of saying he will put racetrack gaming on the agenda.
Saturday, May 30, 2009The Delaware Supreme Court said a proposed sports-betting lottery doesn't conflict with the state constitution.
Friday, May 29, 2009
Kentucky racetrack operators said May 20 the state's horseracing and breeding industries have reached a critical juncture, and without legislative assistance in the form of on-track gaming, the damage could be irreparable.
Wednesday, May 20, 2009
Hundreds of people who make their living in Ohio's horseracing and breeding industry rallied at the state capital May 19 to support a plan for video lottery terminals at the state's seven racetracks.
Wednesday, May 20, 2009
As Kentucky's equine industry awaits word on whether Gov. Steve Beshear will call a special legislative session that could have racetrack gaming on the agenda, representatives of the state's racetracks and horsemen's groups will hold a press conference May 20 to discuss the state of the horse business. Meanwhile, Ohio horseracing interests plan a statehouse rally May 19 to lobby for legislative relief.
Monday, May 18, 2009Delaware expects to offer sports betting at its three racetracks this summer under a new law that also allows the tracks to offer table games such as blackjack, craps, poker, and roulette.
Friday, May 15, 2009
Presque Isle Downs & Casino near Erie, Pa., will begin its 100-night meet May 8 with more exposure for its signal.
Friday, May 08, 2009A "benchmark report" on slot machines in Pennsylvania shows a 39.3% increase in purses paid at Thoroughbred and Standardbred racetracks from 2007 to 2008, but double-digit declines in total pari-mutuel handle during the same period.
Thursday, April 30, 2009
A decision on whether to call a special legislative session -- one that could include alternative gaming and relief for the horse industry -- will be made in a few weeks, Kentucky Gov. Steve Beshear said April 29.
Wednesday, April 29, 2009A Maryland harness track that hasn't offered live racing in almost a year also lost its Thoroughbred simulcast rights April 28 when it was ordered by the Maryland Racing Commission to cease operations.
Tuesday, April 28, 2009
Calder Race Course begins its 39th season of Thoroughbred horse racing April 24 with a Thursday-through Sunday schedule.
Wednesday, April 08, 2009
Kentucky Gov. Steve Beshear said he has been proactive in his support of expanded gambling to assist horse racing and breeding, and the "continued tough economy may further underscore that effort."
Tuesday, March 31, 2009
The state of New York should abandon efforts to find new bidders to develop a video lottery terminal casino at Aqueduct and instead tap the New York Racing Association to run the long-delayed facility, a leading state lawmaker believes.
Friday, March 27, 2009Members of the Florida House of Representatives March 24 released a draft of a bill that would require the Seminole Tribe of Florida to remove blackjack and baccarat tables from its casinos. The proposal would permit the Seminoles to keep the Class III Las Vegas-style slot machines they began installing at their Florida casinos last summer.
Wednesday, March 25, 2009
The chairman of an important Florida Senate committee March 24 introduced a bill that would allow Gulfstream Park and Calder Race Course to have blackjack and baccarat, while permitting the Seminole Tribe of Florida to keep those two games and add roulette and crap tables at its casinos.
Tuesday, March 24, 2009The head of Delaware's gambling industry group said Democratic Gov. Jack Markell's proposed budget would be devastating to the state's three racetracks, including Delaware Park.
Tuesday, March 24, 2009
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.
Tuesday, March 24, 2009
Saying five of the state's seven racetracks will close without assistance from the legislature, the Ohio State Racing Commission March 19 released a draft plan for 14,000 video lottery terminals that would be located at tracks.
Thursday, March 19, 2009
The Maryland Jockey Club March 17 officially unveiled a 2009 spring stakes schedule at Pimlico Race Course that's down about $1 million from last year and doesn't include the grade I Pimlico Special.
Tuesday, March 17, 2009The economy continues to take its toll on racetracks, including those with alternative gaming. Mountaineer Casino, Racetrack & Resort in West Virginia said it will cut overnight purses 10% effective April 20.
Monday, March 16, 2009Turfway Park has canceled its third consecutive Monday program because of a shortage of horses, officials said March 13.
Friday, March 13, 2009Fort Erie Race Track & Slots in Ontario, Canada, will offer live Thoroughbred racing this year, and the local horsemen's group is asking for support from owners and trainers.
Friday, March 13, 2009With the Kentucky General Assembly seemingly headed for a special session this spring or summer to address a substantial revenue deficit, a legislative committee March 12 heard testimony on a bill that would authorize video lottery terminals at racetracks in the state.
Thursday, March 12, 2009In anticipation of a push by a consortium for casino gambling in Ohio's four largest cities, the Ohio State Racing Commission is formulating its own legislative proposal for video lottery terminals at the state's seven racetracks.
Wednesday, March 11, 2009
The New York Thoroughbred Breeders, disturbed by a delay in a plan for thousands of video lottery terminals at Aqueduct, called the situation "inexplicable" and said Gov. David Paterson should put the project on "war footing."
Wednesday, March 11, 2009
Representatives of two Kentucky Thoroughbred tracks said they will be forced to reduce racing dates due to declining economic conditions, with the owner of Ellis Park saying his track would not race in 2010 unless alternative gaming is legalized in the Bluegrass State.
Tuesday, March 10, 2009
The multi-year quest for a stable funding source for the Kentucky Horse Racing Commission took another turn March 10 when legislation to increase the powers of the KHRC unanimously passed a Senate committee. Whether the bill is approved--and whether the commission gets a new funding source--could be determined on the Senate floor.
Tuesday, March 10, 2009
Turfway Park is having a tough time making up for programs canceled because of the weather during the current winter/spring meet.
Friday, February 27, 2009Magna Entertainment Corp. and partner Forest City Enterprises announced Feb. 26 the first 32 tenants for the retail portion of their The Village at Gulfstream Park development. Plans for the $1.2-billion complex, adjacent to Gulfstream's clubhouse/casino building, include a hotel and condominiums on the property in Hallandale Beach, Fla. Meanwhile, officials are reluctant to speculate on a possible bankruptcy filing by MEC.
Thursday, February 26, 2009
Some Texas lawmakers are trying again to establish Las Vegas-style casinos in the state, and they say now is the time to do it because the state needs the money. Racetracks would be included, according to legislation unveiled Feb. 24.
Wednesday, February 25, 2009In their first 11 months of operation, slot machines at Hollywood Casino at Penn National Race Course produced more than $22.6 million for Thoroughbred purses and breed development. The funds have allowed Penn National to offer a minimum purse that will be higher than that paid by some of its competitors.
Friday, February 20, 2009
The chairman of the Kentucky Equine Education Project said Feb. 18 he expects gaming-related legislation benefitting the Kentucky horse industry to pass -- but he's not sure when.
Thursday, February 19, 2009A Penn National Gaming Inc. official said the company doesn't plan to ask voters this year to approve table games at Charles Town Races & Slots in West Virginia.
Tuesday, February 17, 2009More than 100 people who make their living in the Kentucky horse industry made their case to three Northern Kentucky legislators Feb. 16, and the message was clear: The economics must change or the state will lose a valuable asset.
Monday, February 16, 2009Revised legislation to authorize video lottery terminals at Kentucky racetracks unanimously passed out of a House of Representatives committee Feb. 12, but its sponsor is unsure the measure will be voted on by the full House during the current General Assembly session.
Thursday, February 12, 2009
The company selected to operate video lottery terminals at Aqueduct said there are a host of unresolved issues, including restructuring its financing deal, before it can close on a final agreement with the state of New York to begin construction on the long-delayed facility.
Friday, February 06, 2009After absorbing a $378.6-million loss in 2008's fourth quarter alone, Penn National Gaming Inc. posted an annual loss of $153.3 million for the year, and said while it isn't "enthused" about developing a potential new slots facility in Maryland, it will pursue those plans.
Thursday, February 05, 2009Magna Entertainment Corp. said Feb. 4 it has arranged to pay a $28.5-million licensing fee for slot machines -- but the money will be placed in an escrow account at a Maryland bank.
Wednesday, February 04, 2009In a jaw-dropping revision, Maryland received requests for far fewer slot machines in five license proposals than previously thought, and two of the six bidders -- including Laurel Park owner Magna Entertainment Corp. -- failed to pay $22.5 million in required up-front fees, a state official said Feb. 3.
Wednesday, February 04, 2009Massachusetts Speaker of the House Robert DeLeo said Feb. 2 House lawmakers could vote on legislation to expand gambling before the end of the year -- the surest signal yet that casinos or slot machines may be coming to the state.
Tuesday, February 03, 2009The $1-million Delaware Handicap (gr. II) will be the highlight of a scaled-back $3.175-million stakes program at Delaware Park in 2009, the track announced Jan. 29.
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