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The Florida legislature will begin its two-month regular session March 2, with House Speaker Larry Cretul leading an effort to pass a pari-mutuel bill.
Saturday, February 27, 2010Gov. Steve Beshear is urging Kentucky lawmakers to take another look at legalizing video lottery terminals to avoid cuts in the state's next budget.
Thursday, February 11, 2010After several meetings, two Michigan horsemen's groups have remained unsuccessful in convincing Dan Adkins of Hazel Park to amend the language of a petition concerning the approval of eight new casinos in the state.
Tuesday, February 09, 2010
With the exception of Oklahoma Derby day Oct. 10, Remington Park will eliminate Sunday racing from its fall Thoroughbred schedule, track officials said.
Friday, February 05, 2010
Democratic Kentucky Gov. Steve Beshear called the state legislature's bluff Jan. 19 by presenting a two-year budget that relies on more than $700 million in revenue from gaming machines at racetracks.
Tuesday, January 19, 2010The Florida Department of Business and Professional Regulation recently appointed Milton Champion director of the Florida Division of Pari-Mutuel Wagering.
Tuesday, January 12, 2010
The Anne Arundel County Council Dec. 21 approved a zoning measure that will facilitate slot machines at the Arundel Mills Mall, but also OK'd a measure that allows slots at Laurel Park.
Tuesday, December 22, 2009
A new entity called Blow Horn Equity has submitted a bid for the Maryland Jockey Club assets, the company announced Dec. 18.
Monday, December 21, 2009
The Maryland Jockey Club said Dec. 17 it has appealed to the Maryland State Board of Contract Appeals over its disqualification from the bidding process for a license to operate slot machines at Laurel Park.
Thursday, December 17, 2009
Though a state commission ruled its application for a gaming license incomplete, Laurel Park will continue its push for slot machines Dec. 17 by discussing its "advanced status" to construct a slots facility.
Wednesday, December 16, 2009
A Kentucky lawmaker has again requested an opinion from the state attorney general as to whether Instant Racing machines are legal under pari-mutuel statutes.
Wednesday, December 16, 2009With the Illinois state budget in a shambles and a video gaming in bars and restaurants going nowhere as a solution, racetracks again are urging lawmakers to allow them to install slot machines.
Tuesday, December 01, 2009Maryland horse racing needs improved marketing, quality facilities, and better racing, according to a report released Dec. 1 by the Maryland Horse Industry Board.
Tuesday, December 01, 2009Ruidoso Downs in New Mexico has indicated it will stay put if it gets tax relief from the state, but if not it plans to move to Las Cruces, located about 85 miles southwest.
Wednesday, November 18, 2009
The first shipment of slot machines arrived at Calder Casino & Race Course in Florida Nov. 9 in anticipation of a January 2010 opening of the track's gaming floor.
Monday, November 09, 2009The president of Churchill Downs Inc. said he believes recent developments with the makeup of the Kentucky General Assembly are positive and could help lead to legalization of video lottery terminals at racetracks in the state.
Friday, October 30, 2009Indianapolis-based Centaur, which owns Hoosier Park Racing & Casino in Anderson, Ind., recently missed interest payments and has defaulted on loans in excess of $400 million.
Friday, October 30, 2009A plan by Mountaineer Casino, Racetrack & Resort to offer the statutory minimum of 210 racing dates but race only eight months instead of year-round has met with opposition from horsemen and others in the community.
Wednesday, October 28, 2009California Thoroughbred racetracks, subject to regulatory approval, could increase pari-mutuel takeout -- return less money to bettors -- and change how the revenue is distributed under legislation signed into law Oct. 23 by Republican Gov. Arnold Schwarzenegger.
Tuesday, October 27, 2009
Churchill Downs and Kentucky horsemen have reached a three-year agreement that sets purse payments, establishes purse supplements and ends a legal dispute that began in the spring of 2008.
Saturday, October 24, 2009
Kentucky's horse racing and breeding industry plans to stand its ground in the wake of a proposal for a constitutional amendment on gaming some have characterized as a politically-motivated stall tactic.
Thursday, October 22, 2009
Calder Race Course is preparing marketing plans for poker and a casino president and general manager Tom O'Donnell expects will attract a significant number of customers from some nearby pari-mutuel facilities and tribal casinos in southeast Florida.
Wednesday, October 21, 2009
Penn National Gaming Inc. officials Oct. 21 advocated their proposal for casino gambling in Ohio's four largest cities -- an issue that will be decided via referendum Nov. 3.
Wednesday, October 21, 2009
A Kentucky Thoroughbred breeder said Republican lawmakers plan to push for a constitutional amendment on racetrack gaming, but a spokesperson for the state's Senate leader said that's not the case.
Tuesday, October 20, 2009Another showdown is brewing over whether Michigan racetracks should be allowed to open casinos in an effort to revive their struggling businesses. A group called Racing to Save Michigan wants voters to decide the issue in November 2010, and on Oct. 14, the Michigan Board of State Canvassers unanimously approved the form of a petition the group plans to circulate within the next six weeks.
Thursday, October 15, 2009If the horseracing industry fails to make voluntary changes it has resisted for decades, the only things that may save it from doom are involuntary changes brought on by forces in the gambling and entertainment marketplace, officials said Oct. 13.
Tuesday, October 13, 2009Democratic Gov. Ed Rendell has signed into law a budget for Pennsylvania that reduces the share of revenue horse racing gets from slot machines by about 17% over four years.
Monday, October 12, 2009Democratic Ohio Gov. Ted Strickland Sept. 30 put his plan for racetrack video lottery terminals on hold indefinitely in light of a recent state Supreme Court ruling and a need to balance the state budget.
Wednesday, September 30, 2009Penn National Gaming Inc., believed to be facing an uphill battle in the bidding wars to develop a video lottery terminal casino at Aqueduct, has offered the cash-starved New York state government $250 million in a non-contingency, upfront payment for the exclusive contract and believes it's still in the hunt for the project.
Wednesday, September 30, 2009Democratic Ohio Gov. Ted Strickland indicated Sept. 21 his administration is preparing to take the "next steps" in the wake of an Ohio Supreme Court ruling that says a statewide referendum is required before the state implements racetrack video lottery terminals.
Tuesday, September 22, 2009Hoosier Park Racing & Casino has announced purse increase that has put purses about 20% higher than they were when its meet began July 30. Thus far, the Indiana track has paid about $30,000 more a day than Turfway Park in neighboring Kentucky.
Monday, September 14, 2009
Ellis Park, the western Kentucky racetrack that's on the fence for 2010, reported healthy gains in on-track business but a big drop in total handle after 20 days were cut from its 2009 meet.
Wednesday, September 09, 2009United States Sen. George Voinovich used biblical verse Sept. 3 to blast gambling proponents, including Ohio Democratic Gov. Ted Strickland, who is an ordained minister. Voinovich spoke while announcing a new lawsuit challenging implementation of racetrack video lottery terminals in the state.
Friday, September 04, 2009Florida Gov. Charlie Crist and the Seminole Tribe of Florida signed a gaming compact Aug. 31 that has some significant changes from a gaming law Crist and the Florida legislature approved earlier this year.
Tuesday, September 01, 2009
Hoosier Park Racing & Casino will raise purses 12% beginning Aug. 19, citing a "conservative approach" taken with the purse account when the meet began in late July.
Wednesday, August 19, 2009
With Ellis Park considering closing its doors, the Kentucky Equine Education Project is organizing a "Forever Ellis!" rally Aug. 22 at the racetrack as a way for horse industry enthusiasts to show their support for the nearly 90-year-old facility and the entire equine industry in the state.
Thursday, August 13, 2009MTR Gaming Group, which cut jobs and corporate expenses in the past year, released improved financial results for the second quarter of 2009 and said it's poised for growth in Ohio, where racetrack video lottery terminals have been authorized.
Thursday, August 13, 2009
A reduction in stakes purses for its upcoming meet will allow Turfway Park to maintain overnight purses and racing days, but track officials are thinking ahead to 2010, when that probably won't be the case.
Tuesday, August 11, 2009Penn National Gaming, Inc. said Aug. 6 it will request to hold a special December referendum for table games at Charles Town Races & Slots.
Friday, August 07, 2009Officials in New York recognize they will not be getting the upfront payment money for the Aqueduct casino franchise they had been expecting before the economy turned sour, according to the head of the Senate's racing committee.
Thursday, August 06, 2009
All-sources handle at Calder Race Course rose 48%, from $131.4 million to $195 million, during this year's second quarter, according to parent company Churchill Downs in a report to the Securities and Exchange Commission. But Calder's handle for the quarter ended June 30 was 22% below its handle of $249 million for the second quarter of 2007.
Thursday, August 06, 2009
Wagering on racing in the United States continued its negative trend in July, with a 13.4% decline from the same month last year. Purses dropped 7.35%.
Wednesday, August 05, 2009Speculation abounds in Ohio, where casino companies are examining racetracks for possible purchase and a deal on revenue from video lottery terminals for purses hasn't been hammered out.
Wednesday, August 05, 2009
After Michigan horsemen experienced a scare of losing half of their summer/fall meet at Pinnacle Race Course, negotiations were held among the Michigan Horsemen's Benevolent and Protective Association, the Michigan Thoroughbred Owners and Breeders Association, and the Office of the Racing Commissioner to shave less than 10 days from the schedule.
Tuesday, August 04, 2009
The governor of West Virginia, on hand for the Aug. 1 West Virginia Derby (gr. II) at Mountaineer Casino, Racetrack & Resort, said gaming at tracks was built around racing, and the sport won't be allowed to suffer in exchange for company profits.
Monday, August 03, 2009Penn National Gaming Inc. officials see upside to an expansion of gambling in Ohio, but said they have no idea how it will shake out.
Wednesday, July 29, 2009A report from the Rutgers Equine Science Center details the economic impact of horse racing and breeding in New Jersey and says revenue from alternative gaming at racetracks has supported and fueled those programs in other states.
Wednesday, July 29, 2009
They tapped various talking points -- from higher purses and a beefed-up breeding industry to protecting green space and even family values -- but a group of Thoroughbred representatives have brought a singular message to state officials: Get the Aqueduct video lottery terminal casino off the ground.
Monday, July 27, 2009This year's West Virginia Breeders Classics program at Charles Town Races & Slots will be worth a record $2 million, organizers said.
Monday, July 27, 2009
The future of Ellis Park beyond this year is questionable, but it appears the Kentucky racetrack's current meet has a good chance of being expanded.
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