Slot Machines

News, Articles, Videos and other content about Slot Machines

KY Identifies Problems, But Needs Money

The 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.

Illinois Tracks Could See Casino Money

After 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.

Advice: Embrace 'Whales,' Close Tracks

This 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.

Slots Revenue Agreement OK'd for Calder

Slots Revenue Agreement OK'd for Calder

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.

PA Report: Purses Up, Handle Share Down

PA Report: Purses Up, Handle Share Down

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.

Texas HORSE Seeks Support, Legislation

Texas 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.

Horsemen Say Calder Issues Resolved

The 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.

Groups Say Ellis Park Closure a Symptom

Groups Say Ellis Park Closure a Symptom

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.

Court: FL Governor Exceeded Authority

The 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.

Barn Work Under Way at Penn National

A backstretch improvement program has begun at Hollywood Casino at Penn National, which will spend up to $10 million over the next 10 years to build new barns, refurbish old ones, and make other barn-area upgrades.

PA Gaming Board Supports Equine Welfare

Though it has no regulatory oversight of equine health and safety, the Pennsylvania Gaming Control Board has adopted a resolution saying it supports the state's efforts to "invest in horse health and welfare."

Florida HBPA Using THG in Negotiations

Florida HBPA Using THG in Negotiations

The Florida Horsemen's Benevolent and Protective Association has given the new national Thoroughbred Horsemen's Group authority to negotiate terms with advance deposit wagering companies for betting on races at South Florida Thoroughbred racetracks. Also, Florida horsemen want an agreement on slots revenue with Calder before any contracts are signed.

Slots Splits Slow Calder Contract Talks

Slots Splits Slow Calder Contract Talks

As Calder Race Course prepares to open its 2008 meet April 21, the question of how to divide any future slot-machine revenue is holding up contract talks between the Miami Gardens, Fla., track and the Florida Horsemen's Benevolent and Protection Association.

Jones: Casino Bill 'Improperly Handled'

Jones: Casino Bill 'Improperly Handled'

The chairman of the Kentucky Equine Education Project said the organization is "disappointed" not only in the failure of legislation calling for a constitutional amendment on casino gambling, but also with the way the measure was handled from the beginning of this year's General Assembly session.

Florida Senate OKs Slots Legislation

The Florida Senate approved March 13 two slot-machine bills that would help the state's Thoroughbred racetracks and other pari-mutuel facilities. However, there is considerable opposition to the bills in the Florida House of Representatives, and the influential Seminole Tribe of Florida is expressing concerns about the legislation.

Florida Bills Address Racetrack Gaming

Florida Bills Address Racetrack Gaming

Two bills that would help Thoroughbred racetracks, the Ocala Breeders' Sales Co., and the state's other pari-mutuel facilities will be on the calendar when the Florida legislature begins its annual two-month session March 4.

Most Popular Stories