Organizers of the first Oklahoma City Summer Thoroughbred Yearling Sale, which produced a sale-topper that sold for $50,000, indicated the results are a sign of good things to come.
Republican members of the Maryland House of Delegates have proposed a state budget that would limit growth in spending and derive hundreds of millions of dollars in revenue from slot machines to combat a $1.5-billion shortfall. There were no details on how the horse industry would benefit.
The advent of a potentially strong competitor in western Pennsylvania might have minimal impact on the upcoming meet at Turfway Park, but track president Bob Elliston said it won't go unnoticed as far as Kentucky Thoroughbred racing is concerned.
Though it was given the deadline of Aug. 10 to present a master plan for a stand-alone casino, Philadelphia Park Casino & Racetrack management told the Pennsylvania Gaming Control Board it would take at least two more months before such plans could be completed.
Contested election results indicate voters approved table games at a Kanawha County, W.Va., dog track located less than an hour from the eastern Kentucky border.
The continuing decline in foal crops in Ohio has led the horse racing industry to step up lobbying for assistance from the state legislature.
In terms of money, it will be Del Mar, Keeneland, and Saratoga in northwestern Pennsylvania when Presque Isle Downs offers an inaugural 25-night meet with an average of $500,000 per program in purses.
Deductions for a new breed development program and statewide workers' compensation have led Mountaineer Race Track & Gaming Resort to cut purses 20% across the board beginning July 10. The West Virginia track has thousands of video lottery terminals that produce purse revenue and this fall will begin operating table games.
Revenue from slot machines will allow Philadelphia Park Casino & Racetrack to raise purses 20% beginning with the July 14 program at the Pennsylvania track.
Voters in a local referendum June 30 approved the addition of table games at Mountaineer Race Track & Gaming Resort, giving management and horsemen hope the new offerings will boost business at the West Virginia facility and perhaps increase interest in the live racing product.
The company that owns Mountaineer Race Track & Gaming Resort is attempting to focus on its core holdings, and on June 30 will find out whether it can add table games at the West Virginia facility.
Wyandotte County, Kan., voters on June 26 approved a measure that will allow The Woodlands racetrack to install slot machines. The revenue eventually could push purses above the $200,000-per-day level at the once-bankrupt track.
Two Indiana racetracks are buying land for the purpose of expanding their operations given the advent of slot machines.
Two months after it petitioned the Pennsylvania Gaming Control Board to reclassify its grandstand as a permanent slots casino--a move that fueled speculation it was trying to renege on plans to build a $300-million, stand-alone casino on track property--Philadelphia Park Casino & Racetrack has asked that the petition be ignored.
Penn National Gaming has agreed to be acquired by two private funds for $8.9 billion, the company announced June 15.
A bid by Ohio racetracks to win approval for Instant Racing machines, which resemble video lottery terminals but are pari-mutuel in nature, is said to still have some life left despite an announcement by Gov. Ted Strickland that he would veto the measure.
Calder Race Course moved a small step closer to having slot machines when a Miami-Dade County committee passed a resolution June 12 to allow for a countywide vote next year.
Ohio Gov. Ted Strickland said June 12 he would veto any legislation allowing video gambling machines at Ohio racetracks.
Charles Town Races & Slots, owned by Penn National Gaming Inc., lost its bid to add table games in a June 9 referendum in Jefferson County, West Virginia.
The Pennsylvania Thoroughbred Horsemen's Association was granted the right to intervene in proceedings to determine whether a temporary slot-machine facility at Philadelphia Park Casino & Racetrack should be considered permanent.
Local referendums on the addition of table games at racetracks will be held in two West Virginia counties June 9. Votes in two other counties are set for June 30 and Aug. 11.
Legislation to authorize Instant Racing machines at Ohio's seven racetracks passed the state Senate May 23 and is headed to the House of Representatives.
The May 22 Kentucky gubernatorial primary is expected to have implications for expanded gambling, an issue the state's horse industry fully expects to be addressed during the 2008 General Assembly session. But regardless of who is elected in November, the legislature may hold the cards.
A lucrative meet at Fair Grounds and the advent of slot machines at race meets in Florida and Pennsylvania fueled a 13% hike in purses for the first quarter of 2007, but handle was down.
The horsemen's group at Philadelphia Park Casino & Racetrack is fighting a petition by the track to add to its temporary slot-machine casino and delay construction of a permanent facility.
Indiana lawmakers advanced a bill to the desk of Gov. Mitch Daniels late April 29 that would permit slot machines at Hoosier Park and Indiana Downs, but each track must pay $250 million up front for a slots license.
An Indiana legislator has proposed licenses to operate slot machines at two racetracks in the state be auctioned to the highest bidder.
Four West Virginia counties plan local-option votes on the addition of table games at racetracks.
Slot machines may help purses, but in a competitive environment--even in the same state--they don't guarantee a large horse population if one New York track is any indication.
Philadelphia Park Casino & Racetrack has adopted a policy whereby anyone under the age of 18 is allowed at the facility only during live racing and only in certain areas.
The Indiana Senate has approved legislation that would authorize slot machines at Hoosier Park and Indiana Downs. The measure now goes back to the House of Representatives, where changes made by the Senate can be approved or rejected.
Casinos and slot machines at horse and dog tracks were approved by the Senate early Thursday morning, ending a day of filibustering that gave supporters time to corral enough votes to send the bill to Gov. Kathleen Sebelius.
Legislation to authorize casino gambling at Kansas racetracks including The Woodlands, the state's only Thoroughbred track, has passed the House and has moved to the Senate.
Legislation to authorize slot machines at Hoosier Park and Indiana Downs continues to be reshaped in the Indiana legislature. The full Senate could determine its fate March 27.
From Jan. 1 through mid-March, slot machines at four racetracks in Pennsylvania had produced roughly $17.5 million for purses and breed development for Thoroughbred and Standardbred racing.
Legislation to authorize Instant Racing machines has been introduced in the Ohio House of Representatives and Senate.
Legislation that would allow slot machines at Indiana's two pari-mutuel racetracks was endorsed by a Senate committee on a 9-3 vote March 20, but there are concerns about a $400-million license fee each track would have to pay for the right to operate slots.
Gulfstream Park in South Florida has added 705 slot machines to bring the total number of machines to 1,221.
If West Virginia's governor signs legislation passed by both houses of the state legislature, voters in four counties will decide the fate of table games at four racetracks in the state.
Maryland lawmakers again addressed the issue of racetrack slot machines in committee March 6, but passage of legislation is hardly assured.
The West Virginia Senate March 6 voted to legalize table games at the state's horse and dog racing tracks. The bill, which already passed the House of Delegates, must return there for concurrence.
The West Virginia Senate is schedule to vote on legislation to authorize table games at the state's four tracks, including Charles Town Races & Slots and Mountaineer Race Track & Gaming Resort.
Magna Entertainment Corp. has adopted "development covenants" in an attempt to allay the fears of opponents in regard to its plans to build Dixon Downs racetrack in Northern California.
Presque Isle Downs became the fourth racino to being operating in Pennsylvania when it opened its slot-machine parlor Feb. 28. Live Thoroughbred racing is scheduled for September.
Legislation to authorize casino gambling at racetracks and non-racing facilities has been introduced again in the Kentucky House of Representatives.
Legislation to authorize slot machines at Indiana's two pari-mutuel racetracks has cleared a second House committee.
The West Virginia House of Delegates has approved legislation that would allow the counties in which four racetracks are located to vote on table games at the facilities, which already have video lottery terminals.
Fair Grounds Race Course and its parent company, Churchill Downs Inc., confirmed their intent to move forward with plans to build a slot machine gaming facility adjacent to the historic racetrack in New Orleans.
After gaining approval 23-14 by the Virginia Senate, an Instant Racing bill returns to the Virginia House where a similar bill failed to get out of committee several weeks ago.
A Virginia Senate committee has approved legislation that would authorize Instant Racing machines at Colonial Downs and off-track betting parlors.
Most Popular Stories
- Ramsey Farm 2013 - Ken Ramsey Interview
- Stem Cells to Treat Chronic Laminitis: The Sooner the Better
- Hangin' With Haskin: My Top 10 Racing Movies
- Southwest Regional: Double Barrel
- Southeast Regional: Investing in Success
- One Last Hope to Salvage Illinois 2014 Season
- Reinventing Racing - By Eric Mitchell
- G3 Winner Keep Up Retired to Mill Ridge
- Slideshow: The Week in Photos for 12/17/2013
- After the Wire: Shared Belief, Midnight Hawk