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BloodHorse.com Articles for "Slot Machines"

Racetrack Gaming Bill Fails in Minnesota

The Minnesota Senate State Government Committee March 19 voted 8-5 against a measure that would have authorized casino-style gambling, including slot machines, at Canterbury Park and Running Aces Harness Park.

 Wednesday, March 21, 2012

Committee Will Examine Gural Slots Proposal

The United States Trotting Association has formed a committee to examine a proposal to use a small percentage of gaming revenue to support marketing and enhanced equine drug testing, but stopped short of endorsing the plan.

 Tuesday, March 20, 2012

PA Lawmakers Join Horsemen in Fighting Cuts

The Pennsylvania Horse Conference served as platform for racehorse owners, breeders, and trainers to tout support from several lawmakers who oppose a plan cut gaming revenue to purses and breed development programs.

 Thursday, March 15, 2012

Fort Erie to Lose Slots But Vows to Race

Just two days after the Ontario Lottery and Gaming Corp. announced it will end the slots-at-racetracks program in the province in March 2013, it acted swiftly by revealing that slots parlors at three tracks will close.

 Wednesday, March 14, 2012
Gural: Use Slots Money for Testing, Marketing

Gural: Use Slots Money for Testing, Marketing

A proposal floated by Jeff Gural, who leases Meadowlands and operates two racetrack casinos in upstate New York, to use a percentage of gaming revenue for other pro-racing programs has support among USTA members.

 Wednesday, March 14, 2012
Ontario: End Slots-at-Racetracks Program

Ontario: End Slots-at-Racetracks Program

The Ontario provincial government said March 12 it will be ending payments to racetracks through the slots-at-racetracks program in March 2013. The result could mean potential closures for many of the province's 17 tracks.

 Monday, March 12, 2012

PA Horse Industry Hopes to Educate Lawmakers

The Pennsylvania horse racing and breeding industry, which could lose about $70 million a year in gaming revenue under the proposed state budget, has organized a conference geared toward educating lawmakers.

 Friday, March 02, 2012

Ontario Horse Industry Rallies to Fight Cuts

The Ontario horse racing industry is set to hold a rally Feb. 22 to fight off potential cuts in slot machine revenue it receives from the provincial government.

 Thursday, February 16, 2012
Ontario Official Targets Racing's Slots Money

Ontario Official Targets Racing's Slots Money

A top government official in Ontario Feb. 14 questioned the $345 million horse racing gets from province-operated slot machines given a $16 billion budget deficit.

 Tuesday, February 14, 2012
PA Horsemen Blast Plan to 'Raid' Slots Fund

PA Horsemen Blast Plan to 'Raid' Slots Fund

The Pennsylvania Equine Coalition has blasted a budget proposal by Gov. Tom Corbett to take roughly $72 million in each of the next three years from the Pennsylvania Race Horse Development Fund to pay for other programs.

 Tuesday, February 07, 2012
Racing-Related Funds Targeted in MD, PA

Racing-Related Funds Targeted in MD, PA

Legislation that would divert gaming revenue for horse racing to other sources has been introduced in Maryland, and in Pennsylvania the governor has taken similar action in his 2012-13 state budget.

 Tuesday, February 07, 2012

PA Gaming Revenue Tops $3 Billion in 2011

Revenue from slot machines and table games at 10 casinos in Pennsylvania in 2011 topped $3 billion for the first time, state officials said Jan. 18.

 Friday, January 20, 2012

Canterbury Park Will Stay the Course in 2012

Despite taking a financial hit because of a state-imposed shutdown during its live race meet this summer, Canterbury Park will stay the course with its regular schedule in 2012.

 Thursday, December 01, 2011

Massachusetts Approves Casino Gambling

The Massachusetts legislature Nov. 16 passed a bill authorizing casinos in the state, and Gov. Deval Patrick is expected to sign it.

 Thursday, November 17, 2011

Illinois Gambling Legislation on Hold Again

Legislation authorizing slot machines at racetracks has stalled again as the Illinois General Assembly extended its fall session until after Thanksgiving.

 Friday, November 11, 2011

Foes Plan Appeal on Hialeah Casino Suit

Three southeast Florida pari-mutuels are asking the Supreme Court of Florida to consider a review of a lower court's decision that authorizes Hialeah Park to have a casino with Las Vegas-style slot machines.

 Friday, November 04, 2011

New Hampshire Moves Closer to Casino Gambling

New Hampshire moved closer to the expansion of gambling when a House of Representatives committee advanced a bill calling for two casinos with a combined 10,000 slot machines and table games.

 Friday, October 28, 2011

Florida Casino Bill Considered Controversial

Two bills that would authorize three destination resorts with casinos, including roulette and other table games, in the southeast Florida counties of Miami-Dade and Broward were introduced in the state legislature Oct. 26.

 Wednesday, October 26, 2011
Sprint Stakes, Optimism at Suffolk Downs

Sprint Stakes, Optimism at Suffolk Downs

Suffolk Downs will offer its richest stakes since 2008 on Oct. 22 amid a sense of optimism brought about by passage of legislation that gives it a chance to be awarded a license for a resort casino.

 Friday, October 21, 2011

Aid for Racing Protected in MA Gambling Bill

An amendment to eliminate a slot-machine facility that would dedicate 9% of gross revenue to the horse racing industry in Massachusetts as part of expanded gambling legislation was killed in the Senate Oct. 6.

 Friday, October 07, 2011

Appeals Court Upholds Hialeah Casino

Historic Hialeah Park won another court round in its effort to match casinos at Gulfstream Park and Calder Casino & Race Course.

 Thursday, October 06, 2011

PNGI Makes Pitch for Gaming at Rosecroft

Penn National Gaming Inc. is making its case for gaming at Rosecroft Raceway, the Maryland harness track it purchased earlier this year and will reopen for live racing Oct. 21.

 Thursday, October 06, 2011

Panelist: 'Only Racing Can Save Racing'

Racetrack gaming has poured money into the pari-mutuel industry but shouldn't be viewed as a savior, panelists said Oct. 4 during the 2011 Global Gaming Exposition in Las Vegas.

 Thursday, October 06, 2011

PA Casinos: $274.9M for Racing in 2010-11

Pennsylvania's 10 casinos -- racetrack and standalone -- generated $274.9 million for the state's Race Horse Development Fund in fiscal year 2010-11, according to the Pennsylvania Gaming Control Board annual report.

 Friday, September 30, 2011

Kentucky Group Again Targets Instant Racing

The Family Foundation of Kentucky continued its efforts to halt Instant Racing at Kentucky Downs Sept. 21 when it asked state Attorney General Jack Conway to classify the games as illegal slot machines.

 Thursday, September 22, 2011

Kentucky Group Seeks to Halt Instant Racing

The Family Foundation of Kentucky has filed an injunction in the Kentucky Court of Appeals to halt the operation of Instant Racing machines at Kentucky Downs.

 Saturday, September 03, 2011
Hialeah Hires Former Gulfstream President

Hialeah Hires Former Gulfstream President

Hialeah Park has hired Steve Calabro, a former Gulfstream Park president, for its new position of director of gaming, and believes the courts will uphold its plans to open a casino with slots and a poker room.

 Tuesday, August 30, 2011

Revised Gambling Bill Filed in Massachusetts

The horse racing industry in Massachusetts would get a much-needed shot in the arm according to the terms of a new expanded gambling bill filed by legislators Aug. 23.

 Tuesday, August 23, 2011

MTR Gaming Coping in Face of Competition

MTR Gaming Group, which recently received approval to refinance its debt, reported net income of $2.3 million for the second quarter of 2011. For the same three months in 2010, the company posted a net loss of $500,000.

 Friday, August 05, 2011
Prairie Meadows Has Eight-Year Lease Deal

Prairie Meadows Has Eight-Year Lease Deal

Prairie Meadows Racetrack & Casino June 24 approved a new eight-year lease with Polk County that will pay the county $26 million in each of the first three years and perhaps more after that.

 Monday, June 27, 2011
Illinois Casino Legislation Back in Play

Illinois Casino Legislation Back in Play

Legislation calling for a huge expansion of legalized gambling in Illinois is headed to the House floor after a similar bill failed earlier in the week of May 22.

 Saturday, May 28, 2011

Report Reflects Slots Impact on PA Racing

Purse revenue earned from pari-mutuel handle and racetrack slot machines dropped in 2010, according to the Pennsylvania Gaming Control Board's "benchmark report" on racetrack casinos in the state.

 Friday, May 27, 2011
Duchossois: Slots Revenue Would Be Welcome

Duchossois: Slots Revenue Would Be Welcome

Arlington Park chairman Richard L. Duchossois said he doesn't know if the racetrack can survive unless the Illinois legislature finally allows Arlington to add slot machines.

 Friday, May 13, 2011
Indiana Racing Dodges Bullet in State Budget

Indiana Racing Dodges Bullet in State Budget

Indiana lawmakers have passed a two-year, $28 billion budget that largely spares the horse racing and breeding industry, which was targeted for major reductions in the amount of revenue it receives from slot machines.

 Tuesday, May 03, 2011

Is Suffolk Partnership Sign Gaming Will Pass?

Suffolk Downs has entered into what it terms a "strategic alliance" with Caesars Entertainment to bolster its chances of developing a destination resort casino should Massachusetts approved expanded gambling.

 Thursday, April 14, 2011

Indiana Downs Parent Files for Chapter 11

Indianapolis Downs LLC, which operates Indiana Downs and its companion Indiana Live! Casino, said April 7 it has filed voluntary Chapter 11 petitions.

 Thursday, April 07, 2011

Indiana Industry Fights Plan to Slash Funds

Representatives of Indiana's horse racing and breeding industry are lobbying against part of the proposed state budget that would reduce its share of revenue from racetrack gaming by about 55%.

 Wednesday, March 23, 2011

Cordish Sues Maryland Jockey Club, Others

Cordish Cos. of Baltimore has sued the Maryland Jockey Club and the owners of Indiana Downs for allegedly conspiring to defame the company, which plans to build a slot machine casino at the Arundel Mills Mall in Maryland.

 Tuesday, February 15, 2011

Poll: Texas Voters Support Racetrack Slots

A statewide poll conducted by Baselice and Associates shows 64% of Texans support slot machines at racetracks and Indian reservations.

 Monday, February 14, 2011

PNGI Continues Looking for Growth Markets

Penn National Gaming Inc. said 10 of its 15 gaming properties increased net revenue and that it intends to "expand its presence to any jurisdiction considering the expansion of gaming."

 Thursday, February 03, 2011
Carlino: 'We're Not Running Public Charity'

Carlino: 'We're Not Running Public Charity'

Penn National Gaming Inc. believes racetrack gaming can be a major economic driver but shouldn't be viewed as a means to increase pari-mutuel wagering on racing, company president Peter Carlino said.

 Thursday, February 03, 2011

Despite Suits, Hialeah Moves on Slots Parlor

Hialeah Park is moving ahead with plans to build a casino even though three other southeast Florida pari-mutuel outlets are continuing with a lawsuit that challenges its legal right to have slot machines.

 Thursday, January 27, 2011
Laurel Gets First VLT-Funded Purse Increase

Laurel Gets First VLT-Funded Purse Increase

Video lottery terminal revenue from two Maryland casinos will fund a 16% increase in purses at Laurel Park effective Feb. 2.

 Saturday, January 22, 2011

Illinois Lawmaker: Racetrack Slots a Priority

Democratic Illinois Rep. Lou Lang reiterated Jan. 15 he intends to push legislation authorizing racetrack slot machines and will begin drafting a bill the week of Jan. 17.

 Saturday, January 15, 2011

Indy Budget: 45% Cut in Racing's Slots Share

The proposed Indiana budget bill includes a line item that would almost cut in half the amount horse racing receives from racetrack slot machines.

 Friday, January 14, 2011
Back to Drawing Board for IL Racetrack Slots

Back to Drawing Board for IL Racetrack Slots

The Illinois General Assembly adjourned early the morning of Jan. 12 without voting on a massive expansion of gaming that would have permitted the state's racetracks to install a limited number of slot machines.

 Wednesday, January 12, 2011
Maryland Commission Suggests Gaming Changes

Maryland Commission Suggests Gaming Changes

A commission overseeing development of video lottery terminal parlors in Maryland said Jan. 11 the state should examine ways to attract more interest in available gaming licenses and study similar operations in other states.

 Wednesday, January 12, 2011
MD Industry's 2011 Legislative Plan Uncertain

MD Industry's 2011 Legislative Plan Uncertain

The Maryland General Assembly convenes Jan. 12 for a session expected to include aid for horse racing, but action on the expansion of gambling is questionable.

 Friday, January 07, 2011

Track Slots Bill to Floor of Illinois House

A bill that would dramatically expand Illinois gaming, including permitting slot machines at the state's racetracks, has advanced to the floor of the Illinois House of Representatives with bipartisan support.

 Thursday, January 06, 2011

Report: Orioles Owner Bids for Rosecroft

The prospect of changes in Maryland's law governing slot machines has led Baltimore Orioles owner Peter Angelos to again make a bid to purchase bankrupt Rosecroft Raceway, located just south of Washington, D.C.

 Wednesday, January 05, 2011
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