Officials and horsemen at Finger Lakes Gaming & Racetrack are livid over a 12% purse cut they say was necessitated by the ongoing financial difficulties of New York City Off-Track Betting Corp.
When Kentucky Gov. Steve Beshear and representatives of Breeders' Cup and Churchill Downs announced the track was selected to host the World Championships in 2011, the lawmaker who pushed for tax breaks wasn't on hand.
Churchill Downs announced June 8 it will raise overnight purses 10% effective June 12 for the final three weeks of its spring meet.
- By Tom LaMarra
Revenue from alternative forms of gaming now accounts for almost one-third of total Thoroughbred purses in United States, but despite a decrease in handle, the percentage of handle that goes to purses has remained steady.
When Indiana Downs didn't card a scheduled $75,000 stakes May 26 due to a shortage of entries, red flags were raised as to whether there was another reason the race wasn't run.
Harrah's Entertainment has ended up with Thistledown after all, but at a greatly reduced price.
MI Developments intends to offer Thistledown, the Ohio racetrack near Cleveland, for sale during a May 25 auction in New York.
Hialeah owner John Brunetti said he needs answers to questions before he starts making improvements--and spending more money--at the South Florida racetrack.
The May 13 Preakness Alibi Breakfast was for the most part lighthearted as usual.
The Maryland Jockey Club, now operated by MI Developments, will be jointly operated by Penn National Gaming Inc. upon closure of the deal, the two entities announced May 7.
The New Mexico Gaming Control Board has revoked a gaming license for a planned racetrack casino in Raton near the Colorado border.
The Ohio Supreme Court unanimously ruled April 30 it's not illegal for Secretary of State Jennifer Brunner to try to determine the parties behind an organization that challenged a 2009 directive on racetrack gaming.
The U.S. Supreme Court has rejected an appeal in which Delaware sought to expand its sports betting lottery beyond professional football.
Hawthorne Race Course is touting legislation that would authorize slot machines at Illinois racetracks.
Prediction from a few racing industry executives: If you're a racetrack without slot machines, you're doomed.
Kentucky Senate President David Williams said April 27 issues in the horse racing and pari-mutuel industry are "complicated," but lawmakers intend to continue working on ways to strengthen the business.
The Ohio State Racing Commission met with four representatives from Penn National Gaming Inc. April 20 to question them on the proposed purchase of Beulah Park in Grove City, Ohio.
Horse racing at Pennsylvania racetracks is helping casino companies make more money on slot machines, according to one piece of information in the Pennsylvania Gaming Control Board's 2009 report on racetrack gaming.
Attendees at the annual RCI meeting in Lexington had lots to say about various issues in the Thoroughbred racing industry.
The changing climate of the Thoroughbred industry and key areas of improvement were prominent topics of discussion by trainers Jonathan Sheppard and Christophe Clement at the Kentucky Thoroughbred Farm Managers Club meeting.
West Virginia racing's "10-10-10 program," which offers purse supplements to in-state Thoroughbred owners, as well as breeders and stallion owners, will return under legislation signed into law April 2 by Gov. Joe Manchin.
If the Kentucky General Assembly ends without passing legislation that would statutorily permit Instant Racing machines at Kentucky racetracks, the state racing commission would then consider its options.
A United States Bankuputcy Court judge in Maryland has tossed out a plan by Cloverleaf Enterprises Inc. to sell Rosecroft Raceway without having to make good on several claims.
The Arundel County Board of Elections certified April 1 a petition by residents of the Maryland county to have a November referendum on slot machines.
Ohio Secretary of State Jennifer Brunner has ruled LetOhioVote.org submitted petitions containing more than 300,000 valid signatures, which is enough to place the issue of racetrack video lottery terminals on the ballot.
Legislation to authorize Instant Racing at Kentucky racetracks apparently won't come up again anytime soon.
The New Hampshire Senate March 24 passed legislation authorizing video lottery terminals at six locations, including Rockingham Park.
New York Gov. David Paterson is pushing a plan with legislative leaders to re-bid the Aqueduct casino project, a proposal that could push off a final decision until the end of the year.
A bill on West Virginia's 10-10-10 program, which offers purse supplements to in-state Thoroughbred owners, as well as breeders and stallion owners, awaits action by the governor.
Republican Kentucky Sen. Damon Thayer spent more than an hour March 18 in a GOP caucus in an attempt to make a case for Instant Racing via statutory approval.
Legislation to aid the horse industry in Kentucky may be dead after developments in the state capital March 17.
Philly Park has been granted a table games license, but horsemen there want improvements made to racing-related facilities on the property.
Legislation authorizing Instant Racing at Kentucky racetracks is in line for major revisions that would place approval squarely in the lap of the governor or Kentucky Horse Racing Commission.
The on-again-off-again Pimlico Special (gr. I) is off again for this year, according to a stakes schedule released by the Maryland Jockey Club March 16.
An executive with RaceTech, the company that produces Instant Racing machines, said the product has held up well against electronic games of skill at Oaklawn Park in Arkansas.
Legislation authorizing Instant Racing, a tax on advance deposit wagering, and a reduction in the pari-mutuel excise tax sailed through the Kentucky Senate Committee on State and Local Government March 11.
The chair of the Pennsylvania Horse Racing Commission said March 10 racetrack casinos in the state are expected to demonstrate "concrete ways their commitment to live racing and breeding."
During the first full month of operation, slot machines at Calder Casino & Race Course placed third in pre-tax revenue among the five pari-mutuel casinos in southeast Florida.
Penn National Gaming Inc. said March 8 that it has entered into a definitive agreement to purchase Beulah Park in Grove City, Ohio.
Centaur LLC, the owner of Hoosier Park Racing & Casino and saddled with significant debt and interest payments, has filed for bankruptcy.
The Maryland Jockey Club, as well as community groups, March 5 submitted 16,702 additional signatures to the Anne Arundel County Board of Elections in a push to have citizens of the county vote on a zoning permit for slots.
Beulah Park in central Ohio is poised to be, or has been, sold to Penn National Gaming Inc., according to Ohio racing industry representatives.
Yet another bill authorizing gaming at racetracks has been introduced in the Kentucky General Assembly. With less than a month to go in the session, no action has been taken on any gaming-related legislation.
West Virginia horse racing's "10-10-10" program, which offers purse supplements to in-state Thoroughbred owners, as well as breeders and stallion owners, would return under legislation passed by the state Senate March 2.
Mountaineer Casino, Racetrack & Resort is having a hard time getting its 2010 meet under way.
In a major sign the Aqueduct video lottery terminal project could be in jeopardy, Gov. David Paterson is no longer counting on the winning bidder to supply the cash-starved state with $300 million by March 31.
The Kentucky Equine Education Project Feb. 12 reiterated its calls for immediate action from the Kentucky General Assembly to assist the horse industry in the state.
Gov. Steve Beshear is urging Kentucky lawmakers to take another look at legalizing video lottery terminals to avoid cuts in the state's next budget.
After several meetings, two Michigan horsemen's groups have remained unsuccessful in convincing Dan Adkins of Hazel Park to amend the language of a petition concerning the approval of eight new casinos in the state.
A November 2010 ballot question on racetrack video lottery terminals in Ohio moved a step closer to becoming reality Feb. 8.
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