Instant Racing at Kentucky Downs produced more than $19.52 million in wagers in its first three months of operation, according to figures from the Kentucky Horse Racing Commission.
Kentucky Gov. Steve Beshear Dec. 27 reaffirmed his efforts to push for a constitutional amendment on expanded gambling in 2012, citing results of a survey on the topic.
A New York task force has recommended a percentage of revenue from video lottery terminals and purse accounts go toward retraining and retirement programs for racehorses in the state.
Hoosier Park Racing & Casino has invested $3 million in a new off-track wagering facility designed to attract a broader range of customers in downtown Indianapolis.
Efforts to facilitate installation of video lottery terminals at Ohio racetracks continued to quicken Dec. 22 when a public policy group that filed suit over VLTs was given a deadline to respond to motions to dismiss.
Maryland racing industry officials already have scheduled their first meeting to devise a long-term strategy for live racing in the state beyond 2012.
The parent company of Mountaineer Casino, Racetrack & Resort in West Virginia and Presque Isle Downs & Casino in Pennsylvania is the first to apply for a video lottery terminal license in Ohio.
Kentucky Gov. Steve Beshear will push for a 2012 constitutional amendment to expand gambling in the state.
The office of Ohio Attorney General Michael DeWine filed papers in Franklin County Common Pleas Court Dec. 9 to dismiss a lawsuit filed by the Ohio Roundtable, a group that opposes racetrack VLTs.
Despite taking a financial hit because of a state-imposed shutdown during its live race meet this summer, Canterbury Park will stay the course with its regular schedule in 2012.
Columbus, Ohio Common Pleas Court judge Timothy Horton set Sept. 9, 2012, as the deadline for the state to file and answer a suit filed by the Ohio Roundtable over racetrack video lottery terminals.
The Massachusetts legislature Nov. 16 passed a bill authorizing casinos in the state, and Gov. Deval Patrick is expected to sign it.
Legislation authorizing slot machines at racetracks has stalled again as the Illinois General Assembly extended its fall session until after Thanksgiving.
A report on Kentucky's Thoroughbred breeding industry and related state programs that support it financially shows continued strength in quality despite decreases in funding and competition from gaming states.
Racetrack casino operators in New York are lobbying hard to protect their interests in anticipation of a potential gambling expansion and tighter licensing procedures in 2012
Incumbent Democratic Gov. Steve Beshear coasted to a second four-year term in Kentucky Nov. 8, but in his acceptance speech offered no specifics on his agenda for the next four years.
New Hampshire moved closer to the expansion of gambling when a House of Representatives committee advanced a bill calling for two casinos with a combined 10,000 slot machines and table games.
Just one day shy of the 10th anniversary on which former New York Gov. George Pataki signed a law approving racetrack casinos, Aqueduct's new VLT facility will open the afternoon of Oct. 28.
Two bills that would authorize three destination resorts with casinos, including roulette and other table games, in the southeast Florida counties of Miami-Dade and Broward were introduced in the state legislature Oct. 26.
Churchill Downs Inc. reported net earnings from continuing operations of $19.7 million for the third quarter of 2011, up significantly from $3.7 million for the third quarter of 2010.
Just days before the opening of the Resorts World Casino at Aqueduct, the New York Breeding and Development Fund announced a sharp increase in breeders' awards for 2012.
Suffolk Downs will offer its richest stakes since 2008 on Oct. 22 amid a sense of optimism brought about by passage of legislation that gives it a chance to be awarded a license for a resort casino.
The Ohio Roundtable, which opposes the expansion of gambling, said Oct. 21 is has filed a lawsuit challenging racetrack VLTs in the state.
Gov. John Kasich signed another executive order Oct. 20 that allows the Ohio State Racing Commission to adopt regulations governing eligibility for racetracks to install video lottery terminals and to request relocation.
Republican Gov. John Kasich, citing an "emergency" in Ohio, issued an executive order Oct. 14 allowing the Ohio Lottery Commission to adopt regulations governing racetrack video lottery terminals.
An amendment to eliminate a slot-machine facility that would dedicate 9% of gross revenue to the horse racing industry in Massachusetts as part of expanded gambling legislation was killed in the Senate Oct. 6.
If the Ohio Supreme Court were to rule that video lottery terminals can't be installed at racetracks in the state, attempts to move tracks to new locations would be dropped.
Historic Hialeah Park won another court round in its effort to match casinos at Gulfstream Park and Calder Casino & Race Course.
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.
A public policy group's request to halt Instant Racing at Kentucky Downs was denied by the Kentucky Court of Appeals Oct. 5.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Kentucky Downs is reporting receipts of more than a half-million dollars from Instant Racing machines during their first five days of operation.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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