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BloodHorse.com Articles for "Racetrack Gaming"

Appeals Court Upholds Hialeah Casino

Historic Hialeah Park won another court round in its effort to match casinos at Gulfstream Park and Calder Casino & Race Course.

 Thursday, October 06, 2011

PNGI Makes Pitch for Gaming at Rosecroft

Penn National Gaming Inc. is making its case for gaming at Rosecroft Raceway, the Maryland harness track it purchased earlier this year and will reopen for live racing Oct. 21.

 Thursday, October 06, 2011

Court Denies Request to Halt Instant Racing

A public policy group's request to halt Instant Racing at Kentucky Downs was denied by the Kentucky Court of Appeals Oct. 5.

 Thursday, October 06, 2011

Panelist: 'Only Racing Can Save Racing'

Racetrack gaming has poured money into the pari-mutuel industry but shouldn't be viewed as a savior, panelists said Oct. 4 during the 2011 Global Gaming Exposition in Las Vegas.

 Thursday, October 06, 2011

PA Casinos: $274.9M for Racing in 2010-11

Pennsylvania's 10 casinos -- racetrack and standalone -- generated $274.9 million for the state's Race Horse Development Fund in fiscal year 2010-11, according to the Pennsylvania Gaming Control Board annual report.

 Friday, September 30, 2011

Stronach Group in Maryland Casino Venture

The Stronach Group, which owns Laurel Park and Pimlico Race Course in Maryland, is part of a group that has filed an application to construct a video lottery terminal casino in downtown Baltimore.

 Wednesday, September 28, 2011

OH Lottery Preparing for Racetrack VLTs

The Ohio Lottery Commission said Sept. 26 it plans to have video lottery terminals installed at some of the state's racetracks perhaps by January 2012.

 Tuesday, September 27, 2011

Kentucky Group Again Targets Instant Racing

The Family Foundation of Kentucky continued its efforts to halt Instant Racing at Kentucky Downs Sept. 21 when it asked state Attorney General Jack Conway to classify the games as illegal slot machines.

 Thursday, September 22, 2011
Poll: 56% of New Yorkers OK With Casinos

Poll: 56% of New Yorkers OK With Casinos

The push and pull by advocates and detractors has yet to begin, but more than half of New Yorkers believe the state should permit full-fledged casinos beyond Indian-owned gambling facilities, a new poll has found.

 Wednesday, September 21, 2011
Ohio 2012 Dates Reflect Some Stability

Ohio 2012 Dates Reflect Some Stability

After years of steady reductions, Ohio's seven racetracks have applied for 694 dates in 2012, only seven fewer than were applied for this year.

 Friday, September 16, 2011
Trainer Makes Go of It Under Economic Cloud

Trainer Makes Go of It Under Economic Cloud

Stephen Lyster, a 26-year-old Kentuckian, is trying to build a racing stable at a time when many economic indicators are down. But his family background and appreciation of the horse have him committed to the business.

 Tuesday, September 13, 2011

VLT Revenue Splits Remain Issue in Ohio

Racetracks and horsemen's groups in Ohio continue to wrestle over how much purses and breed development programs will receive from track-based video lottery terminals, which were legalized earlier this year.

 Tuesday, September 13, 2011

KY Judge Denies Injunction on Instant Racing

A Kentucky Court of Appeals judge Sept. 8 denied a request for an emergency injunction that would have idled Instant Racing machines at Kentucky Downs.

 Thursday, September 08, 2011
Kentucky Downs Says Instant Racing Play Good

Kentucky Downs Says Instant Racing Play Good

Kentucky Downs is reporting receipts of more than a half-million dollars from Instant Racing machines during their first five days of operation.

 Thursday, September 08, 2011
NY Tracks to Offer Casino Expansion Plan

NY Tracks to Offer Casino Expansion Plan

Racetracks across New York Sept. 7 will unveil a plan to amend the state constitution to permit them to offer a complete array of casino gambling as part of a proposal they say will raise revenue for the state and industry.

 Tuesday, September 06, 2011
Kentucky Downs: 'Canary in the Coal Mine'

Kentucky Downs: 'Canary in the Coal Mine'

Amid the uncertainty of reception in the marketplace and a lingering legal challenge, Kentucky Downs officially christened expanded pari-mutuel wagering via Instant Racing machines during an evening reception Aug. 30.

 Wednesday, August 31, 2011
Illinois Board Hears Plea on Purse Accounts

Illinois Board Hears Plea on Purse Accounts

The Illinois Racing Board Aug. 30 referred to staff a request by a horsemen's group to require racetracks to hold newfound purse money in segregated, interest-bearing accounts.

 Tuesday, August 30, 2011
Hialeah Hires Former Gulfstream President

Hialeah Hires Former Gulfstream President

Hialeah Park has hired Steve Calabro, a former Gulfstream Park president, for its new position of director of gaming, and believes the courts will uphold its plans to open a casino with slots and a poker room.

 Tuesday, August 30, 2011

Revised Gambling Bill Filed in Massachusetts

The horse racing industry in Massachusetts would get a much-needed shot in the arm according to the terms of a new expanded gambling bill filed by legislators Aug. 23.

 Tuesday, August 23, 2011

OH Track Relocations Must Wait Until October

A racing regulator in Ohio said Aug. 21 it will be the middle of October for a decision is made on allowing Penn National Gaming Inc. to transfer the racing licenses of its two tracks to other locations.

 Monday, August 22, 2011

Change Looms for New York-Bred Program

With expectations that funding for the New York-bred program will increase about 100% by 2014, officials hope to strike a balance with plans to expand its offerings and rewards for owners and breeders.

 Saturday, August 13, 2011
Privatization of NJ Racetracks Progresses

Privatization of NJ Racetracks Progresses

Legislation authorizing the privatization of Monmouth Park and Meadowlands as well as a period of joint operation with the New Jersey Sports and Exposition Authority has been signed into law by Gov. Chris Christie.

 Wednesday, August 10, 2011

MTR Gaming Coping in Face of Competition

MTR Gaming Group, which recently received approval to refinance its debt, reported net income of $2.3 million for the second quarter of 2011. For the same three months in 2010, the company posted a net loss of $500,000.

 Friday, August 05, 2011
NYRA, Casino Firm Have Aqueduct Dining Deal

NYRA, Casino Firm Have Aqueduct Dining Deal

The New York Racing Association has struck a deal with Resorts World Casino New York by which the gaming company will operate some concessions at Aqueduct, which is being redeveloped to accommodate 4,500 gaming machines.

 Tuesday, August 02, 2011

PNGI Has Solid Quarter, Likes Its Chances

Penn National Gaming Inc. reported solid numbers for the second quarter of 2011 and said it expects good things from existing and potential properties despite increased competition.

 Thursday, July 21, 2011

Canterbury Regroups After Costly Shutdown

Canterbury Park officials are biting at the bit to reopen July 21 after a state-imposed shutdown that lasted 20 days, but they indicated revenue losses have been serious.

 Thursday, July 21, 2011
NY Racing, Breeding Subject of August Forum

NY Racing, Breeding Subject of August Forum

The New York Thoroughbred Breeders, Fasig-Tipton, and New York Racing Association during an Aug. 13 forum will discuss the future of New York racing and breeding after video lottery terminals begin operating at Aqueduct.

 Tuesday, July 19, 2011
NY Senator Plans Hearings on Racing, Gaming

NY Senator Plans Hearings on Racing, Gaming

Republican New York Sen. John Bonacic said he plans to schedule hearings this year to discuss horse racing and casino gambling in New York.

 Tuesday, July 19, 2011
Ohio Racetrack VLTs Called 'Moving Target'

Ohio Racetrack VLTs Called 'Moving Target'

With Republican Gov. John Kasich preparing to sign legislation authorizing racetrack video lottery terminals and horse industry representatives already discussing strategy, a public policy group is ready to fight the plan.

 Wednesday, July 13, 2011

Ohio Legislature Passes Racetrack VLT Bill

In a flurry of activity June 28 both houses of the Ohio General Assembly passed legislation allowing racetracks to apply for video lottery terminal licenses.

 Wednesday, June 29, 2011
Prairie Meadows Has Eight-Year Lease Deal

Prairie Meadows Has Eight-Year Lease Deal

Prairie Meadows Racetrack & Casino June 24 approved a new eight-year lease with Polk County that will pay the county $26 million in each of the first three years and perhaps more after that.

 Monday, June 27, 2011

Ohio House Passes Racetrack Relocation Bill

The Ohio House of Representatives June 23 passed legislation authorizing the relocation of racetracks that are eligible for video lottery terminal licenses.

 Friday, June 24, 2011

Ohio Policy Group: VLT Plan Violates Law

The Ohio Roundtable, a public policy organization, said an agreement between Republican Gov. John Kasich and casino developers that includes a provision for racetrack gaming is a "clear violation" of Ohio law.

 Friday, June 17, 2011

PNGI Has Agreement to End MJC Partnership

Penn National Gaming Inc. said June 16 it has a "definitive agreement" to terminate its partnership in the Maryland Jockey Club.

 Thursday, June 16, 2011
Churchill Downs Hikes Purses Another 15%

Churchill Downs Hikes Purses Another 15%

Churchill Downs has raised purses for its spring meet again, this time by 15% effective June 16. A 10% purse hike was announced June 3 at the Kentucky racetrack, whose meet continues through July 4.

 Thursday, June 16, 2011
Gaming Deal Offers VLTs to Ohio Racetracks

Gaming Deal Offers VLTs to Ohio Racetracks

Ohio Gov. John Kasich's "comprehensive gaming review agreement" includes provisions for the Ohio Lottery Commission to award racetracks licenses to operate video lottery terminals.

 Wednesday, June 15, 2011

Federal Policy Shift of Concern in New York

The racing industry in New York expressed concerns about new, potent competition after the Obama administration reversed course on federal policy that had blocked Indian tribes from building off-reservation casinos.

 Tuesday, June 14, 2011

OH Casinos Move Forward; Racetrack VLTs Next?

Ohio Gov. John Kasich has reached an agreement that will resume construction on casinos in Cincinnati and Cleveland -- and according to published reports permit video lottery terminals at the state's seven racetracks.

 Monday, June 13, 2011
CDI Poised for Online Betting, Gaming Growth

CDI Poised for Online Betting, Gaming Growth

Churchill Downs Inc. expects continued growth in its online wagering business, and with a little help from the Illinois governor, expansion of its gaming operations.

 Thursday, June 09, 2011
Illinois Casino Legislation Back in Play

Illinois Casino Legislation Back in Play

Legislation calling for a huge expansion of legalized gambling in Illinois is headed to the House floor after a similar bill failed earlier in the week of May 22.

 Saturday, May 28, 2011

Report Reflects Slots Impact on PA Racing

Purse revenue earned from pari-mutuel handle and racetrack slot machines dropped in 2010, according to the Pennsylvania Gaming Control Board's "benchmark report" on racetrack casinos in the state.

 Friday, May 27, 2011

Illinois Gaming Bill Fails to Clear Committee

An Illinois House of Representatives committee May 25 failed to approve legislation that would have expanded casino gambling and awarded slot machines to racetracks in the state.

 Thursday, May 26, 2011
Officials Hopeful for Delaware Park Meet

Officials Hopeful for Delaware Park Meet

Cancellation of one program because of a lack of horses did little to dent the Delaware Park meet, which opened with enthusiasm and features a new program designed to increase attendance.

 Wednesday, May 25, 2011
Duchossois: Slots Revenue Would Be Welcome

Duchossois: Slots Revenue Would Be Welcome

Arlington Park chairman Richard L. Duchossois said he doesn't know if the racetrack can survive unless the Illinois legislature finally allows Arlington to add slot machines.

 Friday, May 13, 2011
Indiana Racing Dodges Bullet in State Budget

Indiana Racing Dodges Bullet in State Budget

Indiana lawmakers have passed a two-year, $28 billion budget that largely spares the horse racing and breeding industry, which was targeted for major reductions in the amount of revenue it receives from slot machines.

 Tuesday, May 03, 2011

PNGI Says Ballot Question Key to Texas Plans

Penn National Gaming Inc. officials said April 21 they believe if the question of racetrack video lottery terminals makes the ballot in Texas it has a good chance to pass.

 Thursday, April 21, 2011

Is Suffolk Partnership Sign Gaming Will Pass?

Suffolk Downs has entered into what it terms a "strategic alliance" with Caesars Entertainment to bolster its chances of developing a destination resort casino should Massachusetts approved expanded gambling.

 Thursday, April 14, 2011
Status of Turfway, KY Industry Discussed

Status of Turfway, KY Industry Discussed

Officials wouldn't comment April 8 on growing rumors of an impending ownership change at Turfway Park in Kentucky, but they did say plans call for live racing to continue.

 Friday, April 08, 2011

Indiana Downs Parent Files for Chapter 11

Indianapolis Downs LLC, which operates Indiana Downs and its companion Indiana Live! Casino, said April 7 it has filed voluntary Chapter 11 petitions.

 Thursday, April 07, 2011

Indiana Industry Fights Plan to Slash Funds

Representatives of Indiana's horse racing and breeding industry are lobbying against part of the proposed state budget that would reduce its share of revenue from racetrack gaming by about 55%.

 Wednesday, March 23, 2011
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