For the first time in recent memory, the minimum purse at Mountaineer Casino, Racetrack & Resort has fallen under $8,000 because of a purse reduction.
New York Gov. David Paterson is turning up the heat on legislative leaders, prodding them to make a quick decision on the new operator to run the Aqueduct video lottery terminal casino.
MTR Gaming Group indicated Aug. 9 it could spend up to $100 million to construct a video lottery terminal casino at Scioto Downs south of Columbus, Ohio.
Pari-mutuel handle on live and simulcast racing has increased at Hollywood Casino at Charles Town Races since casino table games were added to the mix at the West Virginia facility, officials said Aug. 4.
Churchill Downs has not decided whether to implement a form of Instant Racing should the VLT-like games be approved for Kentucky tracks, according to Churchill Downs Inc. president and CEO Robert Evans.
Genting New York, a Malaysian-based casino group, has been recommended by the New York Lottery Division to run the much-delayed Aqueduct casino project.
About 150 members of the harness racing community met at Meadowlands July 29 to discuss their options in the wake of a recent report that suggests racing at the New Jersey track is no longer viable under state ownership.
Harrah's Entertainment said July 28 it has completed its purchase of Thistledown near Cleveland, Ohio, from MI Developments.
A Kentucky judge is expediting the process by which various parties in the horse racing industry have requested a ruling on proposed administrative regulations involving Instant Racing.
After more than a year of delays, plans to outfit Ohio racetracks with thousands of video lottery terminals are on the fast track.
On the heels of a successful opening weekend at Ellis Park comes word of a few initiatives that, if they come to fruition, could generate or repurpose revenue for Kentucky racing. But will it be enough?
The Maryland Court of Appeals will hear an appeal by a citizens' group seeking to get a referendum involving slot machines in Anne Arundel County on the November ballot.
Suffolk Downs, celebrating its 75th season this year, has a vision for the future, and it's tied to expansion of gambling.
Penn National Gaming Inc. said July 1 it has closed on two key deals: the purchase of Beulah Park in Ohio, and its investment in a joint venture with MI Developments in the Maryland Jockey Club.
A gaming and racing company with interests in Ohio said it believes a 2009 governor's directive for racetracks to install video lottery terminals can move ahead.
A transition team analyzing racing, gaming, and entertainment in New Jersey has been granted a one-month extension in making its recommendations.
A citizens' group will meet the evening of June 29 to discuss a court ruling that rejected a referendum on slot machines in Anne Arundel County, Md.
Indiana Downs, citing weather-related cancellations, will increase some overnight purses and state-bred supplements in open races 30% effective June 29. The meet ends July 14.
LetOhioVote.org said June 28 it has asked the state to remove its referendum on racetrack video lottery terminals from the November ballot, possibly clearing the way for gaming at Ohio's seven racetracks.
The Buckeye State welcomed two new racetrack operators June 23 as the Ohio State Racing Commission approved the sale of both Beulah Park and Thistledown, which are to be purchased by casino companies.
Ohio racetracks are considering a push for a 2011 ballot issue that would ask voters to repeal the casino bill recently signed by Democratic Gov. Ted Strickland.
Officials and horsemen at Finger Lakes Gaming & Racetrack are livid over a 12% purse cut they say was necessitated by the ongoing financial difficulties of New York City Off-Track Betting Corp.
When Kentucky Gov. Steve Beshear and representatives of Breeders' Cup and Churchill Downs announced the track was selected to host the World Championships in 2011, the lawmaker who pushed for tax breaks wasn't on hand.
Churchill Downs announced June 8 it will raise overnight purses 10% effective June 12 for the final three weeks of its spring meet.
- By Tom LaMarra
Revenue from alternative forms of gaming now accounts for almost one-third of total Thoroughbred purses in United States, but despite a decrease in handle, the percentage of handle that goes to purses has remained steady.
When Indiana Downs didn't card a scheduled $75,000 stakes May 26 due to a shortage of entries, red flags were raised as to whether there was another reason the race wasn't run.
Harrah's Entertainment has ended up with Thistledown after all, but at a greatly reduced price.
MI Developments intends to offer Thistledown, the Ohio racetrack near Cleveland, for sale during a May 25 auction in New York.
Hialeah owner John Brunetti said he needs answers to questions before he starts making improvements--and spending more money--at the South Florida racetrack.
The May 13 Preakness Alibi Breakfast was for the most part lighthearted as usual.
The Maryland Jockey Club, now operated by MI Developments, will be jointly operated by Penn National Gaming Inc. upon closure of the deal, the two entities announced May 7.
The New Mexico Gaming Control Board has revoked a gaming license for a planned racetrack casino in Raton near the Colorado border.
The Ohio Supreme Court unanimously ruled April 30 it's not illegal for Secretary of State Jennifer Brunner to try to determine the parties behind an organization that challenged a 2009 directive on racetrack gaming.
The U.S. Supreme Court has rejected an appeal in which Delaware sought to expand its sports betting lottery beyond professional football.
Hawthorne Race Course is touting legislation that would authorize slot machines at Illinois racetracks.
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.
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