Penn National Gaming Inc., which has a host of projects in the works, is taking a cautious approach to 2013 in the wake of a "soft" fourth quarter in 2012, company officials said Jan. 31 during an earnings teleconference.
The Delaware Thoroughbred Horsemen's Association said Jan. 31 it is "at an impasse in negotiations" with Delaware Park on a new contract.
The New York Senate's top Republican wants Belmont Park to be included in the list of possible casino expansion locations.
Overnight purses will increase 10% when Mountaineer Casino, Racetrack & Resort begins its almost 10-month racing season March 1.
The New York legislature's most powerful Democrat said Jan. 24 he would be open to further casino development at Aqueduct Racetrack, as well as several other specific locations in New York City except for Manhattan.
New York Gov. Andrew Cuomo wants to dip into purse accounts to take $1.5 million to $2 million per year for equine safety programs at the state's racetracks.
The Ohio Roundtable, an anti-gambling organization, asked the Franklin County Court of Appeals Jan. 17 to reject a decision by the Franklin County Common Pleas Court, which last year dismissed a lawsuit challenging VLTs.
The Ohio State Racing Commission put racetrack casino developers on notice Jan. 10 when, at a hearing, members expressed strong displeasure with the racing aspects of the proposed Miami Valley Gaming and Racing facility.
New York Gov. Andrew Cuomo is pushing lawmakers to pass the second required piece of legislation to allow up to seven new casinos in New York State.
A shift in slot machine revenue from horse racing to other programs in Pennsylvania is set to expire this summer, and the Pennsylvania Equine Coalition Jan. 8 urged lawmakers to honor the sunset provision.
Hollywood Casino at Penn National Race Course reported a 19.4% increase in all-sources pari-mutuel handle for 197 live racing days in 2012. Meanwhile, total purses jumped 11.6%.
Oral arguments have been scheduled on a public policy group's appeal of a ruling that it doesn't have the legal standing to sue over a 2011 law authorizing racetrack video lottery terminals.
In this age of racetrack casinos, the message is very clear: Increase the focus on pari-mutuel wagering and don't consider gaming revenue for purses and other programs an entitlement.
The awarding of 2013 Thoroughbred racing dates in Ohio has stalled given the fact the meet at River Downs may have to move to Beulah Park because of construction of a new racetrack gaming facility.
Two Pennsylvania racetrack gaming companies are among the six bidders for a license to build a non-racetrack casino in Philadelphia.
The Warren County, Ohio, government Nov. 13 approved plans by Churchill Downs Inc. and Delaware North to build a racetrack casino that would replace Lebanon Raceway.
Kentucky Republican Senate President David Williams is vacating that post to accept a judgeship in the southern part of the state.
Though owner Pinnacle Entertainment hasn't made an official announcement, it appears the grandstand at River Downs will be leveled to make way for a new racetrack gaming facility.
Fifty-one horses are entered in the five races that make up the Best of Ohio, an event that figures to benefit in future years from video lottery terminal revenue.
The Ohio Roundtable, a public policy group challenging the 2011 law authorizing racetrack video lottery terminals in Ohio, has appealed a common pleas court ruling that found the organization lacks standing in the case.
With New York's racetrack video lottery terminal operators looking to become full-blown casino destinations, a new player in the crowded market is asking regulators for the eighth and final harness racetrack license.
Illinois Gov. Pat Quinn Aug. 28 vetoed a gaming expansion measure that would have allowed slot machines at racetracks and authorized five new casinos around the state, but hinted he may approve if changes are made.
Saying it was "poor public policy," a three-person horse racing transition panel has concluded the Ontario government did the right thing by ending the slots-at-racetracks program.
The clock is running on what could be a final push to authorize Illinois racetracks to run slot machines many in the industry see as vital to survival.
The Ohio State Racing Commission July 10 began the process of transferring racing licenses from existing racetracks to new locations.
The only racetrack gaming facility in Ohio generated $11 million in revenue in its first month of operation, the Ohio Lottery Commission reported.
The Pennsylvania Equine Coalition said thank you to the state legislature July 2 for sparing most of the $72 million that could have been cut from the Pennsylvania Race Horse Development Fund.
Penn National Gaming Inc. on June 30 filed requests for video lottery terminals and to relocate its two Ohio racetracks.
Protecting purse revenue from alternative gaming can be as hard, or harder, than winning legislative approval for it, horsemen said June 30 during a National Horsemen's Benevolent and Protective Association roundtable talk.
The Ohio Roundtable has appealed a Common Pleas Court ruling that said it didn't have legal standing to sue the state and others over the 2011 law that legalized racetrack video lottery terminals.
Penn National Gaming Inc. is preparing applications in Ohio for video lottery terminals and relocation in connection with its plan to move Beulah Park to the Youngstown area.
As Woodbine prepares to hold the 153rd edition of the Queen's Plate June 24, Nick Eaves, the track's president, stunned the crowd at the June 21 post-position draw by revealing that Woodbine may be forced to close next April.
The Ohio State Racing Commission probably will rule on racetrack license transfers during the third quarter of this year, OSRC chairman Robert Schmitz said June 11.
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.
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.
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