Four Pennsylvania state senators are seeking support for legislation that would put regulatory oversight of horse racing under the Pennsylvania Gaming Control Board and make other changes in policy.
Horse racing will receive a share of gaming revenue from the casinos that will be built in Massachusetts, but during an Oct. 16 forum on the industry, stakeholders asked a question: What good is the money without racetracks?
The Ontario government said Oct. 11 it will provide up to $400 million to the horse racing industry in the province over a five-year period.
It appears major changes are coming to Centaur Gaming-owned Indiana Downs in the form of facility upgrades and a closer working relationship between the track and horsemen's groups.
The Fort Erie Live Racing Consortium said it has submitted a proposal to the Ontario provincial government's Horse Racing Transition Panel to continue live racing at Fort Erie for at least the next three years.
The Florida Horsemen's Benevolent and Protective Association has told Calder Casino & Race Course it will withhold its consent for simulcast approval effective July 25 because the group has no purse contract with the track.
New York Gov. Andrew Cuomo's plan to create gambling competition for racetrack-based casinos was a topic of an hour-long, closed-door meeting June 18 with legislative leaders trying to end the 2013 legislative session.
A New Jersey lawmaker has introduced a bill to authorize historical race wagering, also called Instant Racing, at racetracks, off-track wagering facilities, and casinos in the state.
Penn National Gaming Inc., in partnership with another company, has submitted a plan to build a racetrack casino in Lawrence County, Pa., not far from its proposed Hollywood Mahoning Valley Race Course near Youngstown, Ohio.
A major expansion of gaming in Illinois, including slot machines for tracks, was sidetracked again as lawmakers deadlocked on several key issues in the final day of their spring session.
The Toronto City Council May 20 voted 24-20 against expansion of the gaming facility at Woodbine to include more slot machines and table games.
The New Hampshire House subcommittee studying expanded gambling narrowly voted May 15 to recommend that the bill to allow one high-end, highly-regulated destination casino be killed, but the full House will have its say.
After reaching short-term agreements with 11 of the province's 17 racetracks to continue live racing for 2013, the Ontario government is ready to map out a long-term plan for the industry.
Gov. Andrew Cuomo said there is a big enough appetite for gambling in New York to permit the state to expand casino operations while protecting the interests of existing racetrack-based casinos.
With strong assistance from its video lottery terminal operation at Scioto Downs in Ohio, MTR Gaming Group greatly reduced its net loss for the first quarter of 2013 compared with the same period in 2012.
Millennium Gaming has upped its ante significantly for the casino project it hopes to develop at Rockingham Park, but the company hasn't decided whether live Thoroughbred racing will return should it win a gaming license.
The Pennsylvania horse racing and breeding industry, currently concerned about a steady decline in the revenue it gets from slot machines, got some surprise public relations May 3 courtesy of the grade I Kentucky Oaks.
Illinois racing dates may be vacated and laboratory operations curtailed if the state legislature does not quickly reauthorize advance deposit wagering, Illinois Racing Board officials said April 30.
After a year of uncertainty due to the cancellation of the Ontario slots-at-racetracks program, Woodbine is set to begin its 133-day Thoroughbred meet April 20.
Members of the Ontario Public Accounts Committee passed a binding motion April 10 that calls for the Auditor General's office to investigate cancellation of the slots-at-racetracks program.
Purses paid at six racetracks in Pennsylvania in 2012 increased 1% while wagering on the live product was up 12% from the previous year, according to the latest benchmark report prepared by regulators.
The Ontario government said March 26 it has reached "tentative transition funding agreements" with Fort Erie and two harness tracks, Flamboro Downs and Georgian Downs.
Legislation creating the Kansas Agriculture Opportunity Act would lower the tax rate on electronic gaming machines in an effort to get racetracks to install them, and also increase the amount of revenue for purses.
The Ontario Horse Racing Industry Association said March 19 it is "working closely" with Ontario lawmakers to extend the slots-at-racetracks program in the province.
Woodbine Entertainment Group said March 8 it is "pleased" Ontario Premier Kathleen Wynne plans a stronger partnership between the province and horse racing industry. But it remains to be seen how much revenue is at stake.
The Pennsylvania Equine Coalition, noting another monthly loss in revenue from slot machines at racetrack casinos, predicts an overall reduction of $17 million in the Race Horse Development Fund for fiscal year 2012-13.
A Texas HORSE survey shows 43% of owners, breeders, and trainers intend to reduce their investment in the state's racing in 2013 because of better opportunities in the surrounding states with gaming.
Even if Rockingham Park were to win a casino license, a return of live Thoroughbred racing isn't guaranteed. It does remain part of the plan, said an official with a company that would pursue a license if gaming is legalized.
A percentage of horsemen's revenue from slot machines in Pennsylvania will continue to go to the state's general fund and other programs under the fiscal year 2013-14 unveiled Feb. 7 by Gov. Tom Corbett.
The Florida Senate Committee on Gaming took more testimony Feb. 4 in an effort to shape future policy on expanded gambling in the state.
An Indiana lawmaker has introduced legislation calling for an independent report on the economic impact of the horse racing and breeding industry in the state.
Penn National Gaming Inc., which has a host of projects in the works, is taking a cautious approach to 2013 in the wake of a "soft" fourth quarter in 2012, company officials said Jan. 31 during an earnings teleconference.
Casino magnate Steve Wynn submitted a formal Phase 1 application with the Massachusetts Gaming Commission Jan. 14, one day under a key deadline, to vie with the proposal of Suffolk Downs and partner Caesar's Entertainment.
A shift in slot machine revenue from horse racing to other programs in Pennsylvania is set to expire this summer, and the Pennsylvania Equine Coalition Jan. 8 urged lawmakers to honor the sunset provision.
Hollywood Casino at Penn National Race Course reported a 19.4% increase in all-sources pari-mutuel handle for 197 live racing days in 2012. Meanwhile, total purses jumped 11.6%.
The push is on again for legislation to expand gambling in Illinois, including allowing slot machines at the state's racetracks.
Ontario Premier Dalton McGuinty announced Oct. 15 that he will be stepping down as leader of the province and will also prorogue the government until a new leader for the Liberal party can be named.
Citing uncertainty due to the scheduled end of its slots-at-racetracks program in March 2013, Woodbine has submitted a request to the Ontario Racing Commission to cancel 11 Thoroughbred Thursday afternoon programs.
Illinois Gov. Pat Quinn Aug. 28 vetoed a gaming expansion measure that would have allowed slot machines at racetracks and authorized five new casinos around the state, but hinted he may approve if changes are made.
Saying it was "poor public policy," a three-person horse racing transition panel has concluded the Ontario government did the right thing by ending the slots-at-racetracks program.
Just days before a government panel is set to release recommendations for the future of horse racing in Ontario, the industry is receiving support from politicians questioning the end of the slots-at-racetracks program.
The clock is running on what could be a final push to authorize Illinois racetracks to run slot machines many in the industry see as vital to survival.
The Pennsylvania Equine Coalition said thank you to the state legislature July 2 for sparing most of the $72 million that could have been cut from the Pennsylvania Race Horse Development Fund.
Protecting purse revenue from alternative gaming can be as hard, or harder, than winning legislative approval for it, horsemen said June 30 during a National Horsemen's Benevolent and Protective Association roundtable talk.
As Woodbine prepares to hold the 153rd edition of the Queen's Plate June 24, Nick Eaves, the track's president, stunned the crowd at the June 21 post-position draw by revealing that Woodbine may be forced to close next April.
The Ontario government announced June 7 it will provide up to $50 million in transitional funding to the province's horse racing industry over the next three years.
Slot machine revenue for purses increased by more than $19 million at six Pennsylvania racetracks in 2011, while pari-mutuel handle and the revenue it produces for prize money continued to drop.
The Illinois House of Representatives May 23 again passed a gaming expansion bill that would authorize slot machines at Illinois racetracks. However, Gov. Pat Quinn found fault with the measure.
An executive with Woodbine Entertainment Group has told local officials its Woodbine racetrack will not survive if slot machines are removed from the facility in March of next year.
Hialeah Park is calling off its plan for a possible return of Thoroughbred racing in April and May of 2013 but still hopes to open a casino with slot machines next year.
Most Popular Stories
- Songbird All Heart at Saratoga
- Lane's End Texas Closes, Stallions Relocate
- Stonestreet: Rachel's Valentina Retired
- 'Chrome' Edges Dortmund in Del Mar Battle
- 'Chrome' Back to Los Al After San Diego Win
- Parx Cancels Given Excessive Heat Warning
- Beholder Work Moved After Del Mar Breakdowns
- Nyquist Logs Final Work for Haskell
- Hard Aces Too Tough in Cougar II
- Beholder Brilliant in Del Mar Breeze