+10000000)+'&millis='+new Date().getTime()+'&zid=472&keywords=slot-machines&referrer='+encodeURIComponent(document.location)+')
Representatives of two Kentucky Thoroughbred tracks said they will be forced to reduce racing dates due to declining economic conditions, with the owner of Ellis Park saying his track would not race in 2010 unless alternative gaming is legalized in the Bluegrass State.
Tuesday, March 10, 2009
The multi-year quest for a stable funding source for the Kentucky Horse Racing Commission took another turn March 10 when legislation to increase the powers of the KHRC unanimously passed a Senate committee. Whether the bill is approved--and whether the commission gets a new funding source--could be determined on the Senate floor.
Tuesday, March 10, 2009
Turfway Park is having a tough time making up for programs canceled because of the weather during the current winter/spring meet.
Friday, February 27, 2009Magna Entertainment Corp. and partner Forest City Enterprises announced Feb. 26 the first 32 tenants for the retail portion of their The Village at Gulfstream Park development. Plans for the $1.2-billion complex, adjacent to Gulfstream's clubhouse/casino building, include a hotel and condominiums on the property in Hallandale Beach, Fla. Meanwhile, officials are reluctant to speculate on a possible bankruptcy filing by MEC.
Thursday, February 26, 2009
Some Texas lawmakers are trying again to establish Las Vegas-style casinos in the state, and they say now is the time to do it because the state needs the money. Racetracks would be included, according to legislation unveiled Feb. 24.
Wednesday, February 25, 2009In their first 11 months of operation, slot machines at Hollywood Casino at Penn National Race Course produced more than $22.6 million for Thoroughbred purses and breed development. The funds have allowed Penn National to offer a minimum purse that will be higher than that paid by some of its competitors.
Friday, February 20, 2009
The chairman of the Kentucky Equine Education Project said Feb. 18 he expects gaming-related legislation benefitting the Kentucky horse industry to pass -- but he's not sure when.
Thursday, February 19, 2009A Penn National Gaming Inc. official said the company doesn't plan to ask voters this year to approve table games at Charles Town Races & Slots in West Virginia.
Tuesday, February 17, 2009More than 100 people who make their living in the Kentucky horse industry made their case to three Northern Kentucky legislators Feb. 16, and the message was clear: The economics must change or the state will lose a valuable asset.
Monday, February 16, 2009Revised legislation to authorize video lottery terminals at Kentucky racetracks unanimously passed out of a House of Representatives committee Feb. 12, but its sponsor is unsure the measure will be voted on by the full House during the current General Assembly session.
Thursday, February 12, 2009
The company selected to operate video lottery terminals at Aqueduct said there are a host of unresolved issues, including restructuring its financing deal, before it can close on a final agreement with the state of New York to begin construction on the long-delayed facility.
Friday, February 06, 2009Magna Entertainment Corp. said Feb. 4 it has arranged to pay a $28.5-million licensing fee for slot machines -- but the money will be placed in an escrow account at a Maryland bank.
Wednesday, February 04, 2009In a jaw-dropping revision, Maryland received requests for far fewer slot machines in five license proposals than previously thought, and two of the six bidders -- including Laurel Park owner Magna Entertainment Corp. -- failed to pay $22.5 million in required up-front fees, a state official said Feb. 3.
Wednesday, February 04, 2009Massachusetts Speaker of the House Robert DeLeo said Feb. 2 House lawmakers could vote on legislation to expand gambling before the end of the year -- the surest signal yet that casinos or slot machines may be coming to the state.
Tuesday, February 03, 2009The $1-million Delaware Handicap (gr. II) will be the highlight of a scaled-back $3.175-million stakes program at Delaware Park in 2009, the track announced Jan. 29.
Thursday, January 29, 2009
Jack Sours has been named president and general manager of Mountaineer Casino, Racetrack & Resort, MTR Gaming president and chief executive officer Bob Griffin announced Jan. 13.
Tuesday, January 13, 2009Charles Town Races & Slots has announced a 2009 open stakes schedule with a record $2.7 million available in purses. The 12 scheduled stakes will take place on three special event days, beginning April 18 with Charles Town Classic Day.
Tuesday, January 13, 2009When the Texas legislature convenes Jan. 13, a bill to legalize alternative gaming at the state's racetracks is ready to be filed. The Texas racing industry has angled for video lottery terminals for the past decade, but in 2009, business will not be as usual.
Wednesday, January 07, 2009Democratic Kentucky Rep. Greg Stumbo plans to file legislation to authorize Kentucky Lottery Corp.-operated video lottery terminals at the state's racetracks.
Sunday, December 21, 2008
As hundreds of millions of dollars in revenue from slot machines flows to horse racing, there is growing sentiment that perhaps the racing industry is failing to capitalize on the new wealth by solely pumping money into purses and breed development programs.
Wednesday, December 10, 2008An Ohio lawmaker whose district includes River Downs said Nov. 26 he plans to introduce legislation in 2009 for casino-style gaming that would support the horse racing and breeding in the state.
Wednesday, November 26, 2008With revenue from slot machines probably a few years away, Thoroughbred racing in Maryland will continue in no-frills mode for the immediate future.
Sunday, November 23, 2008
Maryland voters approved legalizing slot machines Tuesday in a constitutional amendment, paving the way for up to 15,000 machines in five locations and ending years of debate between lawmakers who never managed to pass the measure on their own.
Wednesday, November 05, 2008
Ohio voters Nov. 4 rejected a proposed $600-million casino -- the fourth time plans for expanded gambling in the state have been turned down since 1990.
Wednesday, November 05, 2008
Hoosier Park Racing & Casino and Indiana Downs have submitted requests for 2009 schedules that could significantly impact surrounding states.
Monday, November 03, 2008The Governor's Task Force on Racing in Kentucky is close to preparing and releasing a report pinpointing problems and offering recommendations that ultimately will require a lot of money -- something in short supply given an ongoing budget crunch.
Tuesday, October 28, 2008After more than a dozen years of wrangling, Illinois race tracks and horse owners soon may see the influx of millions of dollars from riverboat casinos – and Hawthorne Race Course could add a casino to its racing operations, helping drive additional subsidies for all tracks.
Friday, October 17, 2008
The Maryland Jockey Club said it is "aggressively supporting" a campaign to win approval via a Nov. 4 statewide referendum for slot machines at five locations in the state.
Thursday, October 09, 2008The two other pari-mutuels in Miami-Dade County, Florida, have moved ahead of Calder Race Course in announcing plans for casinos that would have Las Vegas-style slot machines.
Wednesday, October 08, 2008
The nation's financial crisis has stepped up efforts to prod state government in New York to select an operator for the long-stalled video lottery terminal casino at Aqueduct, and launched a renewed effort to bring VLTs to Belmont Park.
Sunday, October 05, 2008This year's International Simulcast Conference opened Sept. 29 with some advice to the horseracing industry: Embrace the "whales" and computer-assisted wagering, and close some tracks to help improve the product at those that remain.
Monday, September 29, 2008A new stakes worth up to $1 million will be offered next year at Charles Town Races & Slots in West Virginia.
Thursday, September 18, 2008The Supreme Court of Florida Sept. 11 denied a request by the Seminole Tribe of Florida and Gov. Charlie Crist for a re-hearing on its July 3 ruling that blackjack and baccarat are illegal at the tribe's Hollywood, Fla., casino.
Friday, September 12, 2008
Churchill Downs Inc. and the Florida Thoroughbred Breeders and Owners Association announced Sept. 10 that they have reached an agreement on a contract for future slot machine revenue at CDI-owned Calder Race Course.
Wednesday, September 10, 2008Rick Moore, general manager at Hoosier Park Racing & Casino, is leaving the Indiana track after 14 years, officials announced Aug. 29, opening day of the Thoroughbred meet. His last day will be Sept. 12.
Friday, August 29, 2008Evangeline Downs Racetrack & Casino, which opened in the spring of 2004, is scheduled to offer its first turf race Sept. 1.
Friday, August 29, 2008Hoosier Park Racing & Casino kicks off a 14th season of Thoroughbred racing Aug. 29, and the 63-day meet will be one of change.
Friday, August 29, 2008The Indiana Horse Racing Commission approved a plan Aug. 14 that calls for significant increases to purses offered through the Thoroughbred Breed Development program at the upcoming Hoosier Park meet.
Wednesday, August 20, 2008
Total purses earned at Pennsylvania racetracks jumped 162% from 2006 to 2007 because of revenue from on-track slot machines, while the percentage of purses earned from pari-mutuel wagering dropped substantially during the same period, according to the Pennsylvania Gaming Control Board's first "benchmark report" on the impact of slots on pari-mutuel wagering.
Monday, July 28, 2008Texas Thoroughbred Association executive director David Hooper addressed the Greater Houston Horse Council July 21 in an effort to garner support for a new breed coalition, Texas Horse Organizations for Racing, Showing and Eventing, which is known as Texas HORSE.
Tuesday, July 22, 2008
Despite downward trends in wagering nationwide, Indiana Downs bucked the trend by staying relatively flat during its 54-day Thoroughbred meet that ended July 8.
Tuesday, July 15, 2008
The outspoken leader of Capital Play, one of the entities vying for the big Aqueduct video lottery casino deal, is stepping down.
Thursday, July 10, 2008
The slots era in Indiana is off to a strong start as the casinos at both Hoosier Park and Indiana Downs combined to pull in a little more than $26 million in adjusted gross receipts during the first month of operation.
Wednesday, July 09, 2008
Penn National Gaming Inc. said July 7 it has secured an exclusive 18-month option to purchase about 36 acres in Cecil County, Md., for the purpose of constructing a slot-machine casino.
Tuesday, July 08, 2008Churchill Downs Inc. announced July 7 that it has signed contracts with the Florida Horsemen's Benevolent and Protective Association on 2008 purses and on potential future slot machine revenue at CDI-owned Calder Race Course.
Monday, July 07, 2008The Florida Horsemen's Benevolent and Protective Association announced July 5 it has reached an agreement with Churchill Downs Inc. on purses and slot machine revenue for Calder Race Course. If the contracts are signed, Calder could export its July 12 "Summit of Speed" program to tracks around the country.
Saturday, July 05, 2008
The TRA and KEEP have weighed in on the announced closure of Ellis Park in western Kentucky. They blame lack of a long-term, industry strategy on advance deposit wagering, and inability to compete with other states, respectively.
Thursday, July 03, 2008The Supreme Court of Florida ruled July 3 that Gov. Charlie Crist exceeded his authority last November when he signed a compact that has permitted the Seminole Tribe of Florida to have Class III Las Vegas-style slot machines, blackjack, and baccarat.
Thursday, July 03, 2008The Seminole Tribe of Florida is preparing for the June 22 launch of blackjack and baccarat at its Hollywood, Fla., casino located 10 miles from Gulfstream Park, one of the racetracks that filed suits to stop the Seminole gaming expansion.
Friday, June 13, 2008
Evangeline Downs Racetrack & Casino has increased overnight purses by more than 5% to bring the nightly average to more than $190,000 effective June 21.
Friday, June 13, 2008+10000000)+'&millis='+new Date().getTime()+'&zid=473&keywords=slot-machines&referrer='+encodeURIComponent(document.location)+')
+10000000)+'&millis='+new Date().getTime()+'&zid=476&keywords=slot-machines&referrer='+encodeURIComponent(document.location)+')
+10000000)+'&millis='+new Date().getTime()+'&zid=441&keywords=slot-machines&referrer='+encodeURIComponent(document.location)+')
+10000000)+'&millis='+new Date().getTime()+'&zid=366&keywords=slot-machines&referrer='+encodeURIComponent(document.location)+')
+10000000)+'&millis='+new Date().getTime()+'&zid=466&referrer='+encodeURIComponent(document.location)+')
Copyright © 2013 Blood-Horse Publications. All rights reserved internationally.
+10000000)+'&millis='+new Date().getTime()+'&zid=601&referrer='+encodeURIComponent(document.location)+')