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Ontario OKs Budget, Ends Racetrack Slots

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.

 Tuesday, April 24, 2012

Ontario Racing Lobbying in Advance of Vote

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.

 Friday, April 20, 2012

Finger Lakes Ready for 50th Racing Season

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.

 Thursday, April 19, 2012
Presque Isle Adds Barns for Upcoming Meet

Presque Isle Adds Barns for Upcoming Meet

Presque Isle Downs & Casino now has 668 stalls after building two 48-stall barns in advance of its 2012 meet, officials said April 17.

 Wednesday, April 18, 2012
Survey Shows Support for Woodbine Casino

Survey Shows Support for Woodbine Casino

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.

 Tuesday, April 17, 2012

Oral Arguments Heard in Ohio VLT Lawsuit

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.

 Thursday, April 05, 2012

Ohio Track in Joint Venture With Hard Rock

A Cleveland, Ohio-area racetrack has partnered with a casino company to develop a gaming facility with video lottery terminals and related entertainment offerings.

 Thursday, April 05, 2012
Battle Looms Over Ontario Racetrack Slots

Battle Looms Over Ontario Racetrack Slots

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.

 Wednesday, March 28, 2012

Racetrack Gaming Bill Fails in Minnesota

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.

 Wednesday, March 21, 2012

Committee Will Examine Gural Slots Proposal

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.

 Tuesday, March 20, 2012

PNGI Has Deal to Relocate Two Ohio Racetracks

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.

 Friday, March 16, 2012

PA Lawmakers Join Horsemen in Fighting Cuts

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.

 Thursday, March 15, 2012

Fort Erie to Lose Slots But Vows to Race

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.

 Wednesday, March 14, 2012
Gural: Use Slots Money for Testing, Marketing

Gural: Use Slots Money for Testing, Marketing

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.

 Wednesday, March 14, 2012
Ontario: End Slots-at-Racetracks Program

Ontario: End Slots-at-Racetracks Program

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.

 Monday, March 12, 2012

OH Horsemen Fight Breeding Fund Money Grab

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.

 Tuesday, March 06, 2012

PA Horse Industry Hopes to Educate Lawmakers

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.

 Friday, March 02, 2012
Major Purse Hikes Set for Belmont, Saratoga

Major Purse Hikes Set for Belmont, Saratoga

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.

 Wednesday, February 29, 2012
Optimism and Wariness as Mountaineer Reopens

Optimism and Wariness as Mountaineer Reopens

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.

 Tuesday, February 28, 2012
NY Racetracks Touting Expansion Benefits

NY Racetracks Touting Expansion Benefits

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.

 Tuesday, February 28, 2012
Thayer: Senate Vote Must Respect Kentuckians

Thayer: Senate Vote Must Respect Kentuckians

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.

 Wednesday, February 22, 2012

Parties Will Intervene in Ohio VLT Lawsuit

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.

 Sunday, February 19, 2012
PA Horsemen Blast Plan to 'Raid' Slots Fund

PA Horsemen Blast Plan to 'Raid' Slots Fund

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.

 Tuesday, February 07, 2012
Racing-Related Funds Targeted in MD, PA

Racing-Related Funds Targeted in MD, PA

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.

 Tuesday, February 07, 2012
New Hampshire Considers Expanded Gambling

New Hampshire Considers Expanded Gambling

The New Hampshire House of Representatives will take up expanded gambling when a full vote on HB593 comes to the floor Feb. 8 and passage could bring the return of live Thoroughbred racing one step closer.

 Monday, February 06, 2012

Beulah Park Will Likely Move to Youngstown

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.

 Thursday, February 02, 2012
Beshear Sticks With Gambling Amendment Plan

Beshear Sticks With Gambling Amendment Plan

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.

 Tuesday, January 31, 2012

Central Ohio Track First to Get VLT License

A central Ohio racetrack is the first of seven tracks in the state to receive a license to install and operate video lottery terminals.

 Thursday, January 26, 2012

Study Projects $1.7B Benefit of KY Racinos

A study commissioned by a partnership of Kentucky horse racing interests shows that casinos at eight racetrack locations would have a first-year economic impact of $1.7 billion.

 Tuesday, January 17, 2012

Ohio Anti-VLT Group Given Deadline for Suit

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.

 Friday, December 23, 2011

MTR Gaming Applies for Ohio VLT License

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.

 Tuesday, December 20, 2011

Canterbury Park Will Stay the Course in 2012

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.

 Thursday, December 01, 2011

Massachusetts Approves Casino Gambling

The Massachusetts legislature Nov. 16 passed a bill authorizing casinos in the state, and Gov. Deval Patrick is expected to sign it.

 Thursday, November 17, 2011

Illinois Gambling Legislation on Hold Again

Legislation authorizing slot machines at racetracks has stalled again as the Illinois General Assembly extended its fall session until after Thanksgiving.

 Friday, November 11, 2011
KY-Breds: Quality High Amid Revenue Decline

KY-Breds: Quality High Amid Revenue Decline

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.

 Thursday, November 10, 2011

NY Racetrack Casinos Preparing for Changes

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

 Thursday, November 10, 2011
Sprint Stakes, Optimism at Suffolk Downs

Sprint Stakes, Optimism at Suffolk Downs

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.

 Friday, October 21, 2011

Aid for Racing Protected in MA Gambling Bill

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.

 Friday, October 07, 2011

Wait-and-See for Ohio Racetrack Relocations

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.

 Friday, October 07, 2011

Appeals Court Upholds Hialeah Casino

Historic Hialeah Park won another court round in its effort to match casinos at Gulfstream Park and Calder Casino & Race Course.

 Thursday, October 06, 2011

Panelist: 'Only Racing Can Save Racing'

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.

 Thursday, October 06, 2011
NY Tracks to Offer Casino Expansion Plan

NY Tracks to Offer Casino Expansion Plan

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.

 Tuesday, September 06, 2011
Kentucky Downs: 'Canary in the Coal Mine'

Kentucky Downs: 'Canary in the Coal Mine'

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.

 Wednesday, August 31, 2011
Illinois Board Hears Plea on Purse Accounts

Illinois Board Hears Plea on Purse Accounts

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.

 Tuesday, August 30, 2011
Hialeah Hires Former Gulfstream President

Hialeah Hires Former Gulfstream President

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.

 Tuesday, August 30, 2011

Revised Gambling Bill Filed in Massachusetts

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.

 Tuesday, August 23, 2011

OH Track Relocations Must Wait Until October

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.

 Monday, August 22, 2011

Change Looms for New York-Bred Program

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.

 Saturday, August 13, 2011
Privatization of NJ Racetracks Progresses

Privatization of NJ Racetracks Progresses

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.

 Wednesday, August 10, 2011

MTR Gaming Coping in Face of Competition

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.

 Friday, August 05, 2011
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