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The Illinois General Assembly has approved and sent to Gov. Rod Blagojevich legislation that would provide as much as $35 million a year in subsidies for Illinois racing--but only for two years.
Friday, May 05, 2006Three groups seeking to legalize video lottery terminals at Ohio racetracks have decided to join forces rather than pursue their own ballot questions, which have generated conflict.
Wednesday, May 03, 2006Unable to strike a deal with the Florida Horsemen's Benevolent and Protective Association on revenue from slot machines, Magna Entertainment Corp. said April 28 it plans to proceed with arbitration under Florida statute to reach an agreement.
Friday, April 28, 2006As Delaware Park begins its 69th season of Thoroughbred racing, management has announced a major Las Vegas-style expansion of the facility pending approval from New Castle County, where the track is located.
Wednesday, April 19, 2006Ohio Attorney General Jim Petro has rejected requests of three groups seeking to put the issue of video lottery terminals at racetracks on the ballot this year.
Thursday, April 13, 2006The grandstand/clubhouse facility at Penn National Race Course is in the final days of its almost 34-year history. Racing fans with a fondness for the track with a mountain view are expected to make the trip for the final two nights of racing.
Friday, April 07, 2006The Massachusetts House of Representatives voted April 5 to defeat a proposal adding 8,000 slot machines to the state's four racetracks, one of which is Suffolk Downs, the historic Thoroughbred facility in East Boston.
Thursday, April 06, 2006Gambling proponents announced a proposed constitutional amendment March 24 to allow video slot machines at the seven racetracks in Ohio. The proposal, which calls for slots at non-track sites in Cincinnati and Cleveland, would also allow voters in counties with racetracks to vote in four years on establishing full casinos with table games in those areas.
Friday, March 24, 2006Ohio racetracks and a Cleveland developer are reportedly close to a deal on language for a November referendum on slot machines at the tracks and three non-track locations.
Wednesday, March 22, 2006At a March 20 statehouse rally in Boston, hundreds of local horsemen, track employees, city mayors, and labor leaders pressed lawmakers for action on a proposal that would add 2,000 slot machines at each of the state's four pari-mutuel facilities.
Wednesday, March 22, 2006A Kentucky House committee approved legislation March 15 to authorize a constitutional amendment on casino gambling, but the substitute measure--believed to have little or no chance of passage in the full House--makes no mention of racetracks or dedicated revenue for state programs, the lynchpins of legislation proposed by the Kentucky Equine Education Project.
Wednesday, March 15, 2006It has been almost two years since Smarty Jones won the Kentucky Derby (gr. I) and slot machines were legalized in Pennsylvania. And while the horse has begun his career at stud, racetracks are still waiting for slots and may encounter some challenges when they finally get them.
Tuesday, March 07, 2006It has been almost two years since Smarty Jones won the Kentucky Derby (gr. I) and slot machines were legalized in Pennsylvania. And while the horse has begun his career at stud, racetracks are still waiting for slots and may encounter some challenges when they finally get them.
Tuesday, March 07, 2006Legislation that would funnel more than $50 million a year to the Illinois racing industry cleared a House committee March 1, but it failed to win enough support after a third reading March 3.
Friday, March 03, 2006Legislation to authorize a constitutional amendment on casino gambling at Kentucky racetracks was introduced Feb. 16 by legislators in the House of Representatives and Senate.
Thursday, February 16, 2006Representatives of operations that have or will have gaming at racetracks left little doubt which half of the equation drives the financial engine, and they indicated marketing horse racing as an entertainment option rather than a gambling enterprise may be the way to go.
Wednesday, February 08, 2006West Virginia lawmakers are considering two bills--one that would prohibit account wagering, and another that would authorize county referendums on the addition of casino-style games at Thoroughbred and Greyhound racetracks.
Thursday, February 02, 2006Bob Farinella resigned Jan. 18 after nearly 12 years as president and general manager of Prairie Meadows Racetrack & Casino in Altoona, Iowa.
Thursday, January 19, 2006New York would add three additional casinos featuring video lottery terminals, which would be permitted to locate near the New York Racing Association's future Aqueduct racino, Gov. George Pataki proposed Jan. 17.
Wednesday, January 18, 2006Magna Entertainment Corp. has received local approval to develop a commercial district at Laurel Park in Maryland.
Wednesday, January 18, 2006Following the refusal of jockeys to ride the remainder of the live card after two races had been completed Jan. 7, Penn National Race Course in Grantville, Pa., announced Jan. 9 it would cancel live racing and training for this week while attempts are made to fix "inconsistent" portions of the racing surface.
Wednesday, January 11, 2006With reconstruction work continuing at Delta Downs Racetrack & Casino in the aftermath of Hurricane Rita, the track's Thoroughbred meet will remain at Evangeline Downs Racetrack & Casino.
Tuesday, January 10, 2006Patrons at Philadelphia Park will find themselves in an unfamiliar world--at least temporarily--by the fall of 2006.
Monday, January 09, 2006Maine Gov. John Baldacci, as promised last June, vetoed a Washington County racino bill Friday.
Saturday, January 07, 2006More than nine in 10 Kentucky voters (92 %) believe they should be given an opportunity to vote on a constitutional amendment allowing for casino gaming even if they are opposed to expanded gambling, according to the finding of a recent survey of 801 Kentucky voters conducted on behalf of KEEP˜the Kentucky Equine Education Project.
Thursday, January 05, 2006Just days after the Illinois Gaming Board revoked the license of Emerald Casino, one-time rival communities once again are preparing to join a prolonged battle for the lucrative riverboat license.
Thursday, December 22, 2005Total handle and purses registered gains during the 167-day Woodbine meet that spanned April 16-Dec. 11.
Thursday, December 15, 2005A dream came true Nov. 21 for Remington Park officials and Oklahoma horsemen. Shortly before 1 p.m., the track opened the doors of its new $35-million slot-machine casino.
Tuesday, November 22, 2005The Kentucky Equine Education Project began lobbying in earnest for its racetrack casino plan with a letter to more than 3,200 community officials outlining how the state's share--a projected $437.5 million a year--from gaming would be spent under proposed legislation.
Tuesday, November 15, 2005In a photo finish Tuesday, voters narrowly approved Oaklawn Park's request to bring additional electronic games of skill to the Hot Springs, Ark., track.
Wednesday, November 09, 2005On the same day it reported a third-quarter loss of $34.5 million, Magna Entertainment Corp. announced it entered into a deal to sell its Pennsylvania operation--The Meadows harness track and a ring of off-track betting parlors in the western part of the state--to Millennium Gaming and Oaktree Capital Management for $225 million.
Wednesday, November 09, 2005A proposal by Illinois House Speaker Michael Madigan to ban riverboat gambling in Illinois has been dry-docked in the state Senate.
Friday, November 04, 2005The Massachusetts horse racing industry is taking a day off Sept. 28 to show its support during a hearing in the state House of Representatives on legislation that could impact the industry.
Tuesday, September 27, 2005Zia Park will kick off its inaugural 44-day season Friday with an 11-race card of Quarter Horse and Thoroughbred racing, with the opening day program highlighted by the $50,000 Premier Stakes for Thoroughbreds at six furlongs.
Tuesday, September 20, 2005The Kentucky Equine Education Project announced its support Sept. 16 for a referendum to amend the state constitution to allow for casino gambling at licensed racetracks. But details of the plan won't be in the form of legislation until Jan. 1, 2006, and officials admitted the final document will be subject to revision.
Friday, September 16, 2005The Kentucky Equine Education Project will unveil what it calls a "bold legislative initiative aimed at increasing the state's revenue for critical services without a broad-based tax increase" Sept. 16 on the steps of the State Capitol in Frankfort.
Wednesday, September 14, 2005With a fall awareness campaign and the 2006 General Assembly session looming, the board of directors of the Kentucky Equine Education Project voted Sept. 7 on its ultimate position on expanded gambling in the state.
Wednesday, September 07, 2005An Aug. 26 presentation on the status of the Kentucky lottery and a scholarship fund that derives money from it led to a call for more funding, even if it means legislators would have to approve expanded gambling to generate the revenue.
Friday, August 26, 2005The Oklahoma Horse Racing Commission officially gave the go-ahead for gaming Aug. 11 at two of the racetracks in the state, Remington Park in Oklahoma City and Blue Ribbon Downs in Sallisaw.
Friday, August 12, 2005Magna Entertainment Corp. expects to have partners lined up for some of its pending racetrack gaming operations before the end of this year, and hopes to have a presence in Nevada, where account wagering could be offered in the future.
Friday, August 05, 2005The latest condition book at Mountaineer Race Track and Gaming Resort reflects a 20% reduction in purses primarily brought about by the shift of some video lottery terminal revenue to the state to fix its workers' compensation system.
Tuesday, July 19, 2005Magna Entertainment Corp. has agreed to sell Flamboro Downs, a Standardbred racino in Ontario, Canada, to Great Canadian Gaming Corp., a casino company that continues to add racetracks to its portfolio.
Thursday, July 07, 2005Regulation of slot machines in Broward County, Fla. may be headed to the appellate court following a lower court ruling favorable to pari-mutuel operators.
Friday, June 24, 2005Should the Kentucky horse racing industry push for casino gambling during the 2006 General Assembly session, it apparently won't have the support of Democratic Rep. Larry Clark.
Wednesday, June 15, 2005Oklahoma may be less than two weeks away from having its first racetrack casino operation licensed, and a June 16 meeting should chart the course of on-track electronic gaming in the state.
Tuesday, June 14, 2005The regular session of the Texas legislature concluded without tossing so much as a crumb toward horse racing, but the state's racing industry remains hopeful lawmakers could soon consider video lottery terminals for racetracks.
Tuesday, June 07, 2005Speculation that a revenue sharing agreement could result in California between racetracks and tribal casinos over slot machines increased this week after a lawsuit on behalf of five tracks filed last year against Gov. Arnold Schwarzenegger was dropped May 25.
Saturday, May 28, 2005A last-ditch attempt to get video lottery terminals included in legislation that would reorganize the Texas Lottery Commission was unsuccessful May 26. With the Texas legislative session coming to an end, the VLT plan will have to wait for a special session or the 2007 legislative session.
Friday, May 27, 2005The failure of the Florida legislature to create regulations for slot machines at pari-mutuel facilities in Broward County may force the issue into court.
Monday, May 16, 2005The projected cost of building the long-planned video lottery terminal casino at Aqueduct has soared nearly 20% since it was first proposed several years ago, New York Racing Association officials said.
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