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Another Financial Hit Looms for KY Breeders

The Kentucky Breeders Incentive Fund could be reduced by 30% because of declining revenue, while horse farms "can't withstand another year like 2009," Kentucky lawmakers were told Nov. 10 during a meeting of the Joint Subcommittee on Horse Farming.

All Five Aqueduct Bidders Meet Deadline

All five remaining bidders for the Aqueduct gaming project said they have met a Nov. 6 deadline to guarantee a quick $200-million payment to the state of New York if they are chosen to develop the video lottery terminal casino at the Queens racetrack.

CDI's Evans: Some Progress in Kentucky

The president of Churchill Downs Inc. said he believes recent developments with the makeup of the Kentucky General Assembly are positive and could help lead to legalization of video lottery terminals at racetracks in the state.

Law Gives CA Tracks More Takeout Flexibility

California Thoroughbred racetracks, subject to regulatory approval, could increase pari-mutuel takeout -- return less money to bettors -- and change how the revenue is distributed under legislation signed into law Oct. 23 by Republican Gov. Arnold Schwarzenegger.

Another KY Republican Gets Appointment

Another KY Republican Gets Appointment

Republican Sen. Dan Kelly, a member of the Senate committee that killed racetrack gaming legislation during a special General Assembly session earlier this year, was appointed by Democratic Gov. Steve Beshear as an 11th Judicial Circuit judge.

Peace at Charles Town on Table Games Vote?

Charles Town Races & Slots said Oct. 22 it has broad support from Thoroughbred owners and breeders for a Dec. 5 referendum to authorize the West Virginia racetrack to add casino-style table games, but issues that divide management and horsemen remain.

Calder Has Big Plans for Gaming Operation

Calder Has Big Plans for Gaming Operation

Calder Race Course is preparing marketing plans for poker and a casino president and general manager Tom O'Donnell expects will attract a significant number of customers from some nearby pari-mutuel facilities and tribal casinos in southeast Florida.

Meyocks to Run for Kentucky Senate Seat

Meyocks to Run for Kentucky Senate Seat

Jockeys' Guild national manager Terry Meyocks, formerly an executive with the New York Racing Association, will seek the Kentucky Senate seat currently held by Republican Alice Forgy Kerr in the November 2010 election.

Michigan Racing Resorts to Casino Referendum

Another showdown is brewing over whether Michigan racetracks should be allowed to open casinos in an effort to revive their struggling businesses. A group called Racing to Save Michigan wants voters to decide the issue in November 2010, and on Oct. 14, the Michigan Board of State Canvassers unanimously approved the form of a petition the group plans to circulate within the next six weeks.

Status Quo, 'Welfare' Mentality Big Threats

If the horseracing industry fails to make voluntary changes it has resisted for decades, the only things that may save it from doom are involuntary changes brought on by forces in the gambling and entertainment marketplace, officials said Oct. 13.

PNGI Still in Hunt for Aqueduct VLT Contract?

Penn National Gaming Inc., believed to be facing an uphill battle in the bidding wars to develop a video lottery terminal casino at Aqueduct, has offered the cash-starved New York state government $250 million in a non-contingency, upfront payment for the exclusive contract and believes it's still in the hunt for the project.

OH Eyes 'Next Steps' After VLT Court Ruling

Democratic Ohio Gov. Ted Strickland indicated Sept. 21 his administration is preparing to take the "next steps" in the wake of an Ohio Supreme Court ruling that says a statewide referendum is required before the state implements racetrack video lottery terminals.

Farish: Politics Won't Thwart Horse Industry

Farish: Politics Won't Thwart Horse Industry

Lane's End Farm general manager and prominent Republican Bill Farish said the Kentucky horse industry "will continue to hold our elected officials accountable, and we will not stop working until our state government gets out of the way and allows us to have the tools necessary to compete."

War of Words Over KY Racetrack Gaming Issue

War of Words Over KY Racetrack Gaming Issue

Kentucky Senate President David Williams has continued a war of words with leading Democrats over the politics surrounding proposed racetrack gaming in Kentucky. But Williams, a Republican, has also apparently drawn the ire of Kentucky's top GOP leader.

Hoosier Puts Bit More Pressure on Kentucky

Hoosier Park Racing & Casino has announced purse increase that has put purses about 20% higher than they were when its meet began July 30. Thus far, the Indiana track has paid about $30,000 more a day than Turfway Park in neighboring Kentucky.

Delaware Park Latest Track to Shave Dates

Delaware Park and the Delaware Thoroughbred Horsemen's Association have agreed to shave seven days from the track's 2009 racing schedule because of a decline in revenue from video lottery terminals. The change must be approved by the Delaware Thoroughbred Racing Commission.

New Lawsuit Filed Challenging Ohio VLT Plan

United States Sen. George Voinovich used biblical verse Sept. 3 to blast gambling proponents, including Ohio Democratic Gov. Ted Strickland, who is an ordained minister. Voinovich spoke while announcing a new lawsuit challenging implementation of racetrack video lottery terminals in the state.

Things Get Messy in Ohio Gambling Battle

A document submitted Sept. 1 suggests Penn National Gaming Inc. is underwriting an effort to overturn racetrack video lottery terminals legalized by Democratic Gov. Ted Strickland and the Ohio legislature in July, but the Pennsylvania-based company said the information is false.

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