Slot Machines

News, Articles, Videos and other content about Slot Machines

Racino Impact is Focus of University Study

  • News

A study that examines the impact of racinos on the racing product will be presented Dec. 9 at the second Racing & Gaming Summit in Tucson, Ariz., the day before the University of Arizona Symposium on Racing begins.

MTR Gaming Plans Temporary Slots Parlor in Pennsylvania

  • News

MTR Gaming Group Inc., which has been granted a state license to build a horse racing track in Pennsylvania, has plans to build a temporary slot machine parlor where customers can gamble during the two years it will take to build the track.

Compromise on Ohio VLTs as Deadline Looms

  • News

A compromise proposal to put the issue of racetrack video lottery terminals before voters has been offered in the Ohio Senate, though it must pass the General Assembly by Dec. 3 if it is to make the ballot.

Opinions Vary on Prospects for Racino Legislation

The signs point to progress in Kentucky in terms of a bid for racetrack gaming in 2004, while in Pennsylvania, the horse industry is slowing the prospects for passage of legislation, officials said Nov. 11 during a panel discussion at Racino 2003 at Mountaineer Race Track & Gaming Resort.

Giving Back

By Tom Molloy -- With VLT revenue resulting in even higher purses, it would seem to strengthen a case for an open dialogue to discuss a re-negotiation of fees with an emphasis on formally directing a fair portion to the grooms, hotwalkers, and others.

Ward: Thoroughbred Industry Has Serious Work to Do

The Thoroughbred industry will have to face the music and change its tune in the next few years if it is to flourish, trainer John Ward suggested during a lively discussion the evening of Nov. 4 at the monthly Kentucky Thoroughbred Farm Managers' Club meeting.

Budget Plan Would Put VLTs at New York OTBs

Video lottery terminals would be permitted at off-track betting facilities in New York under a plan being considered by state budget negotiators. The idea is being promoted to deal with another huge, multibillion-dollar budget looming over the next two years and a failure by racetracks to get VLTs up and running quickly enough to send revenue-sharing money to the state.

Pennsylvania Governor to Speak at Racino Conference

Pennsylvania Gov. Ed Rendell, whose 2002 campaign platform included an endorsement for racetrack gaming, will issue a "major policy speech" Nov. 12 at the closing session of Racino 2003 at Mountaineer Race Track & Gaming Resort in West Virginia.

Ohio Senate OKs VLT Ballot Question for 2004

  • News

The Ohio Senate on Oct. 15 took a major step in approving video lottery terminals for the state's seven racetracks. The Senate, by 24-9 vote, approved a bill that would put the issue of VLTs before the public in the March 2, 2004 primary.

Texas Official: Constitutional Amendment for Gaming

  • News

Texas Attorney General Greg Abbott has declared voters must approve an amendment to the state constitution before any of the 10 licensed horse or Greyhound tracks in Texas can install video lottery terminals.

Standardbred Sale Good, But Call for Slots Issued

  • News

The euphoria after the Keeneland September yearling sale posted gains of almost 30% in gross and average apparently hasn't carried over to the Standardbred business. Numbers for the recent Tattersalls select yearling sale at The Red Mile in Lexington actually were fairly strong, but industry leaders indicated the storm clouds haven't blown away.

Push for Slots Begins in Indiana

  • News

Racing leaders in Indiana and one of the state's top politicians are teaming up to try and bring up to 10,000 slot machines to the state's racetracks and off-track betting facilities.

Louisiana Lawmaker Defends Racehorse Deal

  • News

A Louisiana legislator said he and his partners received no income or preferential treatment through a deal in which Fair Grounds owners Bryan and Vickie Krantz paid their costs in connection with ownership of two Thoroughbred racehorses, the Times-Picayune reported.

Illinois Dates Set, But Questions Loom Over Purses

  • News

The Illinois Racing Board has approved a compromise 2004 Chicago-area Thoroughbred season that has Arlington Park giving up a week of live racing in return for "host track" revenue from early-season simulcasting. But serious questions remain about purse levels for 2004 because the state legislature during its spring session backed away from approving slot machines at racetracks.

Some New York Tracks to Have VLTs Within Months

  • News

As the New York Racing Association sits on the video lottery terminal sidelines, others in New York are racing ahead with efforts to get the devices up and running, possibly by the end of the year.

Former Governor Supports Casino Gaming at Tracks

  • News

With a push for a constitutional amendment on expanded gambling looming in 2004, former Kentucky governor Brereton Jones said he would help fashion legislation to authorize full-scale casino gambling at racetracks.

Louisiana Racino Appears to Impact Riverboat Casinos

  • News

Slot machines at Louisiana Downs in Bossier City, La., appear to have impacted five riverboat casinos in the Shreveport/Bossier City market, according to July revenue reports filed with the Louisiana Gaming Control Board.

Racing Series, VLTs Endorsed by Award Winner

Bill Casner, co-owner of WinStar Farm near Versailles, Ky., called for support of video lottery terminals in Kentucky and the Thoroughbred Championship Tour while accepting the 2003 Industry Service Award at the Thoroughbred Owners and Breeders' Association's National Awards Dinner.

Trainer Ward Critical of Recent Attacks on NYRA

Kentucky Derby-winning trainer John Ward has called some of the recent attacks on the embattled New York Racing Association "essentially a political assassination campaign" linked to development of video lottery terminals at racetracks in the state.

Delta Downs Set for $50-Million Expansion Project

  • News

Boyd Gaming announced plans July 30 for a $50-million expansion at Delta Downs in Vinton, La. In a conference call on Boyd's second-quarter earnings, the company said Delta Downs, which has slot machines, has become of its "best performers."

Pennsylvania Slots Legislation Delayed Once Again

The Republican-controlled Pennsylvania Senate returned to a brief session July 28 but didn't consider racetrack slots legislation. It previously had buried a bill passed by the House, and it had predicted it would be after Labor Day before it considers the topic again.

TOC Looking at Racetrack Slots in California

Thoroughbred Owners of California president John Van de Kamp admitted California could lose its position as a major racing state in the future without additional revenue streams, including expanding gaming at California's racetracks.

Louisiana Slots Revenue to Fund LSU Equine Program

The Equine Health Studies Program (EHSP) at the LSU School of Veterinary Medicine (SVM) will receive funds from tax revenue generated from slot machines placed in racetracks throughout the state, part of a bill recently passed in the Louisiana Legislature.

Pennsylvania House Wants More From Slot Machines

The Pennsylvania House of Representatives has proposed that racetrack slot machines produce $1 billion in revenue, way up from the $400 million projected for this fiscal year in legislation approved by the state Senate.

New Pennsy Track Plan: All Slots Profits to Horsemen

The Pennsylvania Horsemen's Benevolent and Protective Association has submitted an application for a license for a Thoroughbred racetrack that would be built in the Lehigh Valley. If approved, daily purses would eventually average $1 million a day under a plan whereby all profits from slot machines would go back to horsemen.

Former Kentucky Governor: Let Public Decide on Gaming

Alternative gaming at Kentucky racetracks must be tied to a constitutional amendment, and the public must have a say in how the state's share of the revenue is spent, the former governor of Kentucky said June 22 during a panel discussion at the Thoroughbred International Exposition & Conference in Lexington.

Louisiana Downs Slots Revenue Already in Millions

  • News

The racino at Louisiana Downs in Bossier City, La., took in more than $2.6 million in revenue in its first 11 days of operation, according to figures released by the Louisiana Gaming Control Board. The 905 slot machines went online May 21.

Ohio VLT Resolution Stalls in Senate

  • News

The Ohio Senate on June 11 delayed consideration of a resolution to put a racetrack video lottery terminal issue on the November ballot. The delay was caused by disagreements among Senate Democrats over how VLT revenue, estimated to be $500 million and $700 million a year, would be distributed.

Ohio Senate Could Vote on Racetrack VLT Proposal

  • News

The Ohio Senate is expected to vote by June 13 on a resolution to put the issue of video lottery terminals at racetracks on the November ballot. Meanwhile, opposition to the proposal picked up with ads on cable television in selected areas of the state.

Supreme Court Rules Against Iowa Tracks

  • News

Nation's highest court overturns a previous ruling by the Iowa Supreme Court that declared the state's graduated tax rate on racetrack slot machines was unconstitutional.

Most Popular Stories