Penn National Gaming Inc. will publicly inform the Ohio State Racing Commission Feb. 10 of its plans to relocate two Ohio racetracks should the state's tracks get video lottery terminals.
Thursday, February 10, 2011The Virginia Senate has again approved legislation authorizing Instant Racing--wagering on historical races--but the bill's reception in the House remains uncertain.
Tuesday, February 08, 2011
The operators of Aqueduct's future video lottery terminal casino have begun pressing state officials to permit table games at the facility and New York's other racetrack casinos.
Monday, February 07, 2011Penn National Gaming Inc. said 10 of its 15 gaming properties increased net revenue and that it intends to "expand its presence to any jurisdiction considering the expansion of gaming."
Thursday, February 03, 2011
Penn National Gaming Inc. believes racetrack gaming can be a major economic driver but shouldn't be viewed as a means to increase pari-mutuel wagering on racing, company president Peter Carlino said.
Thursday, February 03, 2011
Pinnacle Entertainment, a Las Vegas-based casino company, said Jan. 28 it has closed on the purchase of River Downs in Ohio for $45 million in cash.
Wednesday, February 02, 2011Hialeah Park is moving ahead with plans to build a casino even though three other southeast Florida pari-mutuel outlets are continuing with a lawsuit that challenges its legal right to have slot machines.
Thursday, January 27, 2011
Video lottery terminal revenue from two Maryland casinos will fund a 16% increase in purses at Laurel Park effective Feb. 2.
Saturday, January 22, 2011Penn National Gaming Inc. confirmed Jan. 21 there is a possibility it may attempt to relocate one or both of its Ohio racetracks to avoid competition with full-scale casinos the company is building nearby.
Friday, January 21, 2011
The group planning a racetrack, casino, and resort in northeastern Ohio said Jan. 18 "everything will fall into place," but a presentation made during a press conference indicated the project has a long way to go.
Tuesday, January 18, 2011
An eastern Ohio development company officially announced Jan. 17 plans to construct a racetrack and resort called Mahoning Valley Downs in the Youngstown, Ohio, area.
Monday, January 17, 2011Democratic Illinois Rep. Lou Lang reiterated Jan. 15 he intends to push legislation authorizing racetrack slot machines and will begin drafting a bill the week of Jan. 17.
Saturday, January 15, 2011The proposed Indiana budget bill includes a line item that would almost cut in half the amount horse racing receives from racetrack slot machines.
Friday, January 14, 2011
Pinnacle Entertainment has named Kevin Kaufman, general manager of its Belterra Casino in Indiana, as general manager of River Downs in Ohio.
Thursday, January 13, 2011
The Illinois General Assembly adjourned early the morning of Jan. 12 without voting on a massive expansion of gaming that would have permitted the state's racetracks to install a limited number of slot machines.
Wednesday, January 12, 2011
A commission overseeing development of video lottery terminal parlors in Maryland said Jan. 11 the state should examine ways to attract more interest in available gaming licenses and study similar operations in other states.
Wednesday, January 12, 2011
The Maryland General Assembly convenes Jan. 12 for a session expected to include aid for horse racing, but action on the expansion of gambling is questionable.
Friday, January 07, 2011A bill that would dramatically expand Illinois gaming, including permitting slot machines at the state's racetracks, has advanced to the floor of the Illinois House of Representatives with bipartisan support.
Thursday, January 06, 2011The prospect of changes in Maryland's law governing slot machines has led Baltimore Orioles owner Peter Angelos to again make a bid to purchase bankrupt Rosecroft Raceway, located just south of Washington, D.C.
Wednesday, January 05, 2011
A Kentucky circuit court judge has ruled draft regulations for Instant Racing "are a valid and lawful exercise" of the Kentucky Horse Racing Commission's statutory authority.
Wednesday, December 29, 2010
Mountaineer Casino, Racetrack & Resort will offer 210 days of live Thoroughbred racing in 2011 beginning March 1.
Wednesday, December 29, 2010
Suffolk Downs has been given approval to simulcast dog racing by the Massachusetts State Racing Commission, which recently issued a decision to allow the shuttered Wonderland Greyhound Park to transfer its license.
Wednesday, December 29, 2010
The Maryland Jockey Club will receive more than $5 million for operations under the parameters of a negotiated agreement that will maintain a full 146-day live Thoroughbred racing schedule in the state.
Thursday, December 23, 2010
The Florida Division of Pari-Mutuel Wagering Dec. 21 issued a license for slot machines to Hialeah Park. Gaming could be offered in November 2011, officials said.
Wednesday, December 22, 2010
Ohio's three Thoroughbred racetracks have mapped out their live racing schedules for 2011, but two of them still have no agreement with horsemen on racing dates.
Tuesday, December 21, 2010Issues impacting the long-term health of California horse racing were dissected Dec. 9 and produced a general message: Think outside the box, because the prospect of revenue from gaming is very dim.
Thursday, December 09, 2010
Churchill Downs Inc. president and chief executive officer Bob Evans said Dec. 7 there are reasons to be optimistic about the future of horse racing -- but not without major changes in the way the industry does business.
Tuesday, December 07, 2010
Illinois senators approved a major expansion of casino gambling, including racetrack slot machines, Dec. 1, but the measure must now pass the House of Representatives and be signed by Gov. Pat Quinn.
Thursday, December 02, 2010
Penn National Gaming Inc. said Nov. 30 its joint venture with MI Developments in Maryland will continue, and that it planned to work on an "expedited basis" to devise a 2011 live racing schedule in the state.
Wednesday, December 01, 2010
Las Vegas-based Pinnacle Entertainment confirmed Nov. 26 it has a deal to purchase River Downs near Cincinnati, Ohio, for $45 million.
Saturday, November 27, 2010
A state court in Tallahassee, Fla., Nov. 22 ruled in favor of Hialeah Park on one count of a lawsuit that challenges its legal right to build a casino with Las Vegas-style slot machines.
Tuesday, November 23, 2010
An informal poll conducted by the Hall Institute the week of Nov. 15 showed more than half would support installing slot machines at Meadowlands in New Jersey.
Monday, November 22, 2010New York's largest horsemen's group is among the latest calling on the Paterson administration to halt a looming agreement with a Wisconsin Indian tribe to build a casino in the Catskill Mountains.
Saturday, November 20, 2010
With a Dec. 1 deadline on racing dates looming, Maryland horsemen are advocating a schedule similar to that of 2010 even though a shutdown of Laurel Park for live racing and training is on the table.
Friday, November 19, 2010
Faced with making a decision brought about by the battering of the Kentucky horse racing industry, Turfway Park has opted to cut some overnight purses in order to maintain a weekly stakes schedule.
Tuesday, November 16, 2010Republican Ohio Gov.-elect John Kasich wants to study a plan to put video lottery terminals at the state's racetracks, a move that has the Ohio Lottery Commission in a holding pattern on the proposal.
Monday, November 15, 2010Pinnacle Race Course officials shut down the Detroit, Mich.-area track following the end of its live meet Oct. 31 and announced that simulcast operations would be suspended until at least the spring 2011.
Friday, November 12, 2010There may be growing sentiment in the Kentucky legislature to pass a measure authorizing a constitutional amendment on racetrack gaming, officials indicated after the Nov. 2 election.
Saturday, November 06, 2010The Maryland Jockey Club will map out a plan for the future over the next several weeks and the closure of Laurel Park for live racing and training remains a real possibility, officials said Nov. 3.
Wednesday, November 03, 2010Voters in Anne Arundel County, Md., approved a ballot measure that grants zoning for a slot machine casino at the Arundel Mills Mall.
Wednesday, November 03, 2010
A plan to put slot machines at Arundel Mills Mall instead of Laurel Park is the driving force of a Nov. 2 referendum in Anne Arundel County, Md.
Friday, October 29, 2010Pinnacle Entertainment Inc. reported a reduced net income loss for the third quarter and said it's looking to expand into new markets while adhering to "disciplined capital-spend and return metrics."
Thursday, October 28, 2010
Hoosier Park Racing & Casino in Indiana reported strong across-the-board gains for its 2010 meet that ended Oct. 24.
Monday, October 25, 2010
River Downs near Cincinnati, Ohio, has been sold to Pinnacle Entertainment, a gaming company that operates a casino in neighboring Indiana, according to sources close to the matter.
Thursday, October 21, 2010A Kentucky Horse Racing Commission committee is considering changes to the state's Breeders' Incentive Fund, money for which comes from a 6% sales tax on stud fees.
Thursday, October 21, 2010
Beulah Park, which has changed hands several times in its long history, will open its 2010-11 meet Oct. 12 under the new ownership of Penn National Gaming Inc.
Tuesday, October 05, 2010
Officials said they are close to a deal to try to bring New York City Off-Track Betting Corp. out of bankruptcy protection, but that a final agreement is being blocked by several harness tracks in the state.
Monday, October 04, 2010
A positive day for horse racing at Turfway Park couldn't hide the fact the track's product, and the Kentucky horse racing and breeding industry in general, are suffering.
Monday, October 04, 2010New Jersey lawmakers questioned the research behind a report on gaming and racing in the state Sept. 29 and suggested it left too many unanswered questions, particularly in regard to options for the horse racing industry.
Wednesday, September 29, 2010Delaware Park has received mostly favorable feedback on its ontrack exacta bonus experiment, but its potential may be hard to gauge until it has a chance to grow.
Tuesday, September 28, 2010