The Ontario government announced June 7 it will provide up to $50 million in transitional funding to the province's horse racing industry over the next three years.
The Fort Erie Live Racing Consortium announced after its general meeting June 5 that Fort Erie Racetrack will hold its last live race this year.
The owner of Thistledown near Cleveland said June 6 it has a memorandum of understanding with the State of Ohio to install video lottery terminals at the racetrack, but also reserves the right to move the operation.
Slot machine revenue for purses increased by more than $19 million at six Pennsylvania racetracks in 2011, while pari-mutuel handle and the revenue it produces for prize money continued to drop.
Language pertaining to the horse racing industry remained intact May 24 when the Ohio House of Representatives and Senate passed a casino cleanup bill that was sent to Republican Gov. John Kasich for his signature.
The Illinois House of Representatives May 23 again passed a gaming expansion bill that would authorize slot machines at Illinois racetracks. However, Gov. Pat Quinn found fault with the measure.
It appears Scioto Downs, a harness track in Columbus, will be the first racetrack in Ohio to open its video lottery terminal casino.
The owner of Delta Downs Racetrack & Casino has entered into a definitive agreement to acquire Peninsula Gaming, which owns Evangeline Downs Racetrack & Casino, for $1.45 billion.
An executive with Woodbine Entertainment Group has told local officials its Woodbine racetrack will not survive if slot machines are removed from the facility in March of next year.
Hialeah Park is calling off its plan for a possible return of Thoroughbred racing in April and May of 2013 but still hopes to open a casino with slot machines next year.
Delaware Park opened its 75th season of Thoroughbred racing on a picture-perfect afternoon May 12 with a large, yet it was also set to face some challenges for the 100-day meet.
Casino cleanup legislation passed by the Ohio Senate May 10 has some new horse racing-related language, including a section that ensures the industry will get no less than 9% of gross revenue from racetrack VLTs.
The Pennsylvania Senate May 10 approved a $27.6 billion state budget that restores almost $70 million that would have been cut from the slot machine-supported Race Horse Development Fund.
After months of wrangling over minor details in the contract for the 2012 live meet that begins June 2, Suffolk Downs and the New England Horsemen's Benevolent and Protective Association have reached an agreement.
Penn National Gaming Inc., which owns two racetracks in Ohio, said it will run full live racing schedules at both tracks for the rest of this year and possibly next year depending on resolution of a legal challenge.
Delaware Park and the Delaware Thoroughbred Horsemen's Association signed a one-year contract May 2 after months of contentious negotiations.
Canterbury Park didn't get slot machines, but it did win changes expected to generate more revenue from its card club to support purses.
The Florida Supreme Court April 27 upheld a decision by a lower state court that authorizes Hialeah Park to have a casino with Las Vegas-style slot machines.
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.
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