The Ohio House of Representatives June 23 passed legislation authorizing the relocation of racetracks that are eligible for video lottery terminal licenses.
Friday, June 24, 2011The Ohio Roundtable, a public policy organization, said an agreement between Republican Gov. John Kasich and casino developers that includes a provision for racetrack gaming is a "clear violation" of Ohio law.
Friday, June 17, 2011
Churchill Downs has raised purses for its spring meet again, this time by 15% effective June 16. A 10% purse hike was announced June 3 at the Kentucky racetrack, whose meet continues through July 4.
Thursday, June 16, 2011
Ohio Gov. John Kasich's "comprehensive gaming review agreement" includes provisions for the Ohio Lottery Commission to award racetracks licenses to operate video lottery terminals.
Wednesday, June 15, 2011Ohio Gov. John Kasich has reached an agreement that will resume construction on casinos in Cincinnati and Cleveland -- and according to published reports permit video lottery terminals at the state's seven racetracks.
Monday, June 13, 2011
Churchill Downs Inc. expects continued growth in its online wagering business, and with a little help from the Illinois governor, expansion of its gaming operations.
Thursday, June 09, 2011
Legislation calling for a huge expansion of legalized gambling in Illinois is headed to the House floor after a similar bill failed earlier in the week of May 22.
Saturday, May 28, 2011Purse revenue earned from pari-mutuel handle and racetrack slot machines dropped in 2010, according to the Pennsylvania Gaming Control Board's "benchmark report" on racetrack casinos in the state.
Friday, May 27, 2011An Illinois House of Representatives committee May 25 failed to approve legislation that would have expanded casino gambling and awarded slot machines to racetracks in the state.
Thursday, May 26, 2011
Cancellation of one program because of a lack of horses did little to dent the Delaware Park meet, which opened with enthusiasm and features a new program designed to increase attendance.
Wednesday, May 25, 2011
Arlington Park chairman Richard L. Duchossois said he doesn't know if the racetrack can survive unless the Illinois legislature finally allows Arlington to add slot machines.
Friday, May 13, 2011
Indiana lawmakers have passed a two-year, $28 billion budget that largely spares the horse racing and breeding industry, which was targeted for major reductions in the amount of revenue it receives from slot machines.
Tuesday, May 03, 2011Penn National Gaming Inc. officials said April 21 they believe if the question of racetrack video lottery terminals makes the ballot in Texas it has a good chance to pass.
Thursday, April 21, 2011Suffolk Downs has entered into what it terms a "strategic alliance" with Caesars Entertainment to bolster its chances of developing a destination resort casino should Massachusetts approved expanded gambling.
Thursday, April 14, 2011
Officials wouldn't comment April 8 on growing rumors of an impending ownership change at Turfway Park in Kentucky, but they did say plans call for live racing to continue.
Friday, April 08, 2011Indianapolis Downs LLC, which operates Indiana Downs and its companion Indiana Live! Casino, said April 7 it has filed voluntary Chapter 11 petitions.
Thursday, April 07, 2011Discussions about expanding gambling in Massachusetts have been moved off the fast track as the governor and legislators now will make closing the state's $1-billion budget deficit their top priority.
Wednesday, April 06, 2011Representatives of Indiana's horse racing and breeding industry are lobbying against part of the proposed state budget that would reduce its share of revenue from racetrack gaming by about 55%.
Wednesday, March 23, 2011
The Maryland horse industry made its case March 15 for legislation that would shift gaming revenue from capital improvements to racetrack operations.
Wednesday, March 16, 2011Legislation that would have diverted gaming funds from several recipients including horse and dog racing in West Virginia has been altered to instead use excess video lottery terminal revenue.
Thursday, March 03, 2011Penn National Gaming Inc. confirmed March 1 it has closed on the purchase of Rosecroft Raceway, a Maryland harness track it won in a bankruptcy auction.
Tuesday, March 01, 2011A statewide poll conducted by Baselice and Associates shows 64% of Texans support slot machines at racetracks and Indian reservations.
Monday, February 14, 2011Two of Ohio's oldest racetracks could be relocating to other Buckeye State cities if owner Penn National Gaming Inc. has its way, but the moves won't come without opposition.
Thursday, February 10, 2011Penn National Gaming Inc. will publicly inform the Ohio State Racing Commission Feb. 10 of its plans to relocate two Ohio racetracks should the state's tracks get video lottery terminals.
Thursday, February 10, 2011
The operators of Aqueduct's future video lottery terminal casino have begun pressing state officials to permit table games at the facility and New York's other racetrack casinos.
Monday, February 07, 2011Penn National Gaming Inc. said 10 of its 15 gaming properties increased net revenue and that it intends to "expand its presence to any jurisdiction considering the expansion of gaming."
Thursday, February 03, 2011
Penn National Gaming Inc. believes racetrack gaming can be a major economic driver but shouldn't be viewed as a means to increase pari-mutuel wagering on racing, company president Peter Carlino said.
Thursday, February 03, 2011
Pinnacle Entertainment, a Las Vegas-based casino company, said Jan. 28 it has closed on the purchase of River Downs in Ohio for $45 million in cash.
Wednesday, February 02, 2011Hialeah Park is moving ahead with plans to build a casino even though three other southeast Florida pari-mutuel outlets are continuing with a lawsuit that challenges its legal right to have slot machines.
Thursday, January 27, 2011
Video lottery terminal revenue from two Maryland casinos will fund a 16% increase in purses at Laurel Park effective Feb. 2.
Saturday, January 22, 2011Penn National Gaming Inc. confirmed Jan. 21 there is a possibility it may attempt to relocate one or both of its Ohio racetracks to avoid competition with full-scale casinos the company is building nearby.
Friday, January 21, 2011
The group planning a racetrack, casino, and resort in northeastern Ohio said Jan. 18 "everything will fall into place," but a presentation made during a press conference indicated the project has a long way to go.
Tuesday, January 18, 2011
An eastern Ohio development company officially announced Jan. 17 plans to construct a racetrack and resort called Mahoning Valley Downs in the Youngstown, Ohio, area.
Monday, January 17, 2011Democratic Illinois Rep. Lou Lang reiterated Jan. 15 he intends to push legislation authorizing racetrack slot machines and will begin drafting a bill the week of Jan. 17.
Saturday, January 15, 2011The proposed Indiana budget bill includes a line item that would almost cut in half the amount horse racing receives from racetrack slot machines.
Friday, January 14, 2011
Pinnacle Entertainment has named Kevin Kaufman, general manager of its Belterra Casino in Indiana, as general manager of River Downs in Ohio.
Thursday, January 13, 2011The major racino operators in New York are urging the state's new governor and legislative leaders to scuttle a deal made by former Gov. David Paterson with a Wisconsin tribe for a full-fledged casino in the Catskills area.
Wednesday, January 12, 2011
The Illinois General Assembly adjourned early the morning of Jan. 12 without voting on a massive expansion of gaming that would have permitted the state's racetracks to install a limited number of slot machines.
Wednesday, January 12, 2011
A commission overseeing development of video lottery terminal parlors in Maryland said Jan. 11 the state should examine ways to attract more interest in available gaming licenses and study similar operations in other states.
Wednesday, January 12, 2011A bill that would dramatically expand Illinois gaming, including permitting slot machines at the state's racetracks, has advanced to the floor of the Illinois House of Representatives with bipartisan support.
Thursday, January 06, 2011The prospect of changes in Maryland's law governing slot machines has led Baltimore Orioles owner Peter Angelos to again make a bid to purchase bankrupt Rosecroft Raceway, located just south of Washington, D.C.
Wednesday, January 05, 2011
A Kentucky circuit court judge has ruled draft regulations for Instant Racing "are a valid and lawful exercise" of the Kentucky Horse Racing Commission's statutory authority.
Wednesday, December 29, 2010
Mountaineer Casino, Racetrack & Resort will offer 210 days of live Thoroughbred racing in 2011 beginning March 1.
Wednesday, December 29, 2010
Suffolk Downs has been given approval to simulcast dog racing by the Massachusetts State Racing Commission, which recently issued a decision to allow the shuttered Wonderland Greyhound Park to transfer its license.
Wednesday, December 29, 2010
The Maryland Jockey Club will receive more than $5 million for operations under the parameters of a negotiated agreement that will maintain a full 146-day live Thoroughbred racing schedule in the state.
Thursday, December 23, 2010
The Florida Division of Pari-Mutuel Wagering Dec. 21 issued a license for slot machines to Hialeah Park. Gaming could be offered in November 2011, officials said.
Wednesday, December 22, 2010
Ohio's three Thoroughbred racetracks have mapped out their live racing schedules for 2011, but two of them still have no agreement with horsemen on racing dates.
Tuesday, December 21, 2010Issues impacting the long-term health of California horse racing were dissected Dec. 9 and produced a general message: Think outside the box, because the prospect of revenue from gaming is very dim.
Thursday, December 09, 2010
Churchill Downs Inc. president and chief executive officer Bob Evans said Dec. 7 there are reasons to be optimistic about the future of horse racing -- but not without major changes in the way the industry does business.
Tuesday, December 07, 2010
Illinois senators approved a major expansion of casino gambling, including racetrack slot machines, Dec. 1, but the measure must now pass the House of Representatives and be signed by Gov. Pat Quinn.
Thursday, December 02, 2010