Casino operator Pinnacle Entertainment said April 26 one of its subsidiaries has an agreement to purchase a 75.5% interest in Retama Park, which is located near San Antonio, Texas.
The Ontario government April 24 passed a 2012 provincial budget that ends the slots-at-racetracks program operated by the Ontario Lottery and Gaming Corp in March 2013.
The future of the Ontario horse racing industry could be placed in serious peril April 24, when a vote on the 2012 Ontario provincial budget is scheduled.
Finger Lakes Casino & Racetrack in western New York will celebrate its 50th year of Thoroughbred racing with a 163-day meet that begins April 20.
Presque Isle Downs & Casino now has 668 stalls after building two 48-stall barns in advance of its 2012 meet, officials said April 17.
A poll commissioned by Woodbine Entertainment Group indicates a majority of the Toronto, Ontario, residents surveyed oppose locating a casino downtown, and that slightly more than half support a full-scale casino at Woodbine.
The Ohio Roundtable contended in oral arguments April 3 that a 2011 law passed by the Ohio General Assembly allowing the state Lottery Commission to install video lottery terminals at racetracks is unconstitutional.
A Cleveland, Ohio-area racetrack has partnered with a casino company to develop a gaming facility with video lottery terminals and related entertainment offerings.
A 167-day meet at Woodbine in Ontario, Canada, is set to begin April 6, but the lingering slots-at-racetracks issue could make the 2012 meet the last one of its kind.
The Ontario government budget released March 27 calls for an end to the province's slots-at-racetrack program, but political opponents claim the fight isn't over.
Canterbury Park Holding Corp., despite temporary shutdown of operations last summer at Canterbury Park, reported positive financial figures for 2011 and the fourth quarter of last year.
The Minnesota Senate State Government Committee March 19 voted 8-5 against a measure that would have authorized casino-style gambling, including slot machines, at Canterbury Park and Running Aces Harness Park.
The United States Trotting Association has formed a committee to examine a proposal to use a small percentage of gaming revenue to support marketing and enhanced equine drug testing, but stopped short of endorsing the plan.
Penn National Gaming Inc. said March 16 it has reached an agreement with Republican Ohio Gov. John Kasich to relocate two racetracks in the state to capitalize on video lottery terminals in new markets.
The Pennsylvania Horse Conference served as platform for racehorse owners, breeders, and trainers to tout support from several lawmakers who oppose a plan cut gaming revenue to purses and breed development programs.
Just two days after the Ontario Lottery and Gaming Corp. announced it will end the slots-at-racetracks program in the province in March 2013, it acted swiftly by revealing that slots parlors at three tracks will close.
A proposal floated by Jeff Gural, who leases Meadowlands and operates two racetrack casinos in upstate New York, to use a percentage of gaming revenue for other pro-racing programs has support among USTA members.
The Ontario provincial government said March 12 it will be ending payments to racetracks through the slots-at-racetracks program in March 2013. The result could mean potential closures for many of the province's 17 tracks.
The Florida legislature ended its 2012 regular session the night of March 9 and did not pass a bill that would have authorized an annual Thoroughbred meet for Hialeah Park.
MTR Gaming Group reported solid growth in net revenue for the fourth quarter of 2011 but a net loss for the quarter and the year.
Oral arguments in a lawsuit challenging video lottery terminals at Ohio racetracks have been postponed, officials said.
Ohio horsemen are lobbying the state Senate to alter language in House-passed legislation that would shift pari-mutuel revenue for breeding funds to municipalities that host racetracks.
The Pennsylvania horse racing and breeding industry, which could lose about $70 million a year in gaming revenue under the proposed state budget, has organized a conference geared toward educating lawmakers.
Stakes purses at the Belmont Park and Saratoga meets this year will increase roughly 27%, while overnight purses will jump about 42%, the New York Racing Association said Feb. 29.
Mountaineer Casino, Racetrack & Resort will begin its 10-month meet March 2 with some upgrades and increased promotion, but officials also are keeping an eye on neighboring states as they expand gambling opportunities.
New York's nine racetracks, which are lobbying to expand their businesses into full-fledged casinos, claim 8,200 permanent jobs would be created if they are permitted to enhance their gaming operations.
A judge issued an order Feb. 24 allowing several gambling interests to intervene in a lawsuit filed by the Ohio Roundtable challenging a law allowing Ohio racetracks to install video lottery terminals.
A measure authorizing a constitutional amendment on expanded gambling in Kentucky was defeated by the state Senate on a 21-16 vote the afternoon of Feb. 23. One senator was absent.
A Kentucky senator who chairs a committee that passed a constitutional amendment on expanded gambling Feb. 22 said he will oppose a call to have the bill voted on by the full Senate Feb. 23.
Representatives of several Ohio gambling operations testified Feb. 21 in Franklin County Common Pleas Court seeking permission to intervene in a lawsuit brought by the Ohio Roundtable.
Oral arguments on a lawsuit filed to stop the installation of video lottery terminals at Ohio racetracks has been postponed to give interested parties a chance to intervene.
A report done for the New York Gaming Association says the organization's members -- nine racetrack casinos in the state -- generate almost $2 billion a year in economic output.
The Ontario horse racing industry is set to hold a rally Feb. 22 to fight off potential cuts in slot machine revenue it receives from the provincial government.
Legislation authorizing a constitutional amendment on expanded gambling in Kentucky will be introduced the morning of Feb. 14, officials said.
Kentucky Sen. Damon Thayer reaffirmed his support for a constitutional amendment on expanded gambling Feb. 9, and in the wake of allegations he has conflicts of interest, released a client list for his consulting business.
The Pennsylvania Equine Coalition has blasted a budget proposal by Gov. Tom Corbett to take roughly $72 million in each of the next three years from the Pennsylvania Race Horse Development Fund to pay for other programs.
Legislation that would divert gaming revenue for horse racing to other sources has been introduced in Maryland, and in Pennsylvania the governor has taken similar action in his 2012-13 state budget.
New York Gov. Andrew Cuomo is dismissing efforts to develop a casino at Belmont Park, which would serve as direct competition to the nearby video lottery terminal facility at Aqueduct.
A lawsuit over legislative redistricting and the resulting extension of the filing deadline for the November election has stalled action on a constitutional amendment on expanded gambling in Kentucky.
Penn National Gaming Inc. now plans to request to move Beulah Park near Columbus, Ohio, to a site near Youngstown rather than Dayton, according to its latest financial report.
Kentucky Gov. Steve Beshear said Jan. 31 he expects a casino gambling amendment to be introduced "in a few days," and again accused Republican Sen. President David Williams of attempting to derail the process.
A central Ohio racetrack is the first of seven tracks in the state to receive a license to install and operate video lottery terminals.
The parameters of a constitutional amendment on casino-style gambling in Kentucky have been agreed upon, and legislation will be introduced soon, the governor's office said Jan. 25.
The New York Racing Association is masking financial troubles and is not taking steps state auditors have urged in the past to right its fiscal condition, the state's chief fiscal watchdog said Jan. 24.
The Ohio Roundtable Jan. 23 asked a Franklin County Common Pleas Court judge to reject motions filed by the state to dismiss a lawsuit challenging legislative approval of a 2011 bill to authorize VLTs at racetracks.
Revenue from slot machines and table games at 10 casinos in Pennsylvania in 2011 topped $3 billion for the first time, state officials said Jan. 18.
Legislation is popping up in New York to permit additional casinos across the state, with other versions of bills placing the expanded gambling offerings at existing racetrack casinos.
Members of the Kentucky General Assembly were told Jan. 18 the state's horse industry remains under siege from competitive forces out of state, and that action must be taken to reverse the slide.
The Florida legislature began a two-month session Jan. 10 with a big part of its focus on a gaming bill that could lead to the first all-games casinos in the state along with other changes that would impact racing.
Kentucky Gov. Steve Beshear, in his state of the Commonwealth address Jan. 4, said a constitutional amendment on expanded gambling is a major priority for the 2012 General Assembly session.
Most Popular Stories
- Nyquist Spikes Fever; Did Not Ship to Belmont
- What is Uncle Mo Worth?
- So Far, Seven Pointing for Belmont Park
- Exaggerator, Nyquist Set for Belmont Rematch
- Connections of Uncle Lino, Laoban Regroup
- Exaggerator Turns the Tables, Wins Preakness
- Young Buys Malibu Moon Filly for $500,000
- Medaglia d'Oro Colt Sells for $600,000
- Medaglia d’Oro Colt Tops F-T Midlantic Opener
- WGOH: Pimlico Is About the People