A settlement has apparently been reached over a federal lawsuit involving a controversial California claiming rule, but racetracks in the state are scrambling to deal with the fall-out left from the suspension of the regulation.
Scientific Games claims the lawsuit brought against the gaming company over the recent "quick-picks" wagering situation cannot be judged in the California federal court system, and its settlement with the California Horse Racing Board was an appropriate measure to satisfy damages caused by any "alleged" defect in its betting systems.
Flush with settlement funds from a failed buyout attempt from private equity groups, Penn National Gaming Inc. said July 24 it is ready to examine the many options it has for its future.
The final legal hurdle that will allow 2002 Horse of the Year Azeri to race again this year was cleared when a California judge set into motion a settlement reached in February in the Allen E. Paulson Living Trust case.
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