After months of bitter political infighting and under the looming threat of a Chicago-area mass transit meltdown, Illinois lawmakers moved close Dec. 10 to a sweeping expansion of gaming that would include authorization for slot machines at racetracks.
Chris Dragone knows he is wading into some fiery situations as the new head of the Maryland Jockey Club, but said he is more than willing to take whatever heat necessary to right a rocky ship.
Magna Entertainment Corp. has overhauled the ailing slots operation at its Gulfstream Park Racing and Casino complex by reducing the amount of machines it offers and expanding its simulcasting area.
A California state senator says he expects to see tribal casinos develop an ownership stake in racetracks, leading to the potential for wagering devices such as Instant Racing or slot machines at racing facilities.
Churchill Downs Inc. reported a 7.1% increase in net revenue for the third quarter of 2007, but realized a 62.9% decline in net earnings, as the company's chief executive voiced hope for the future on a variety of fronts during a Nov. 8 conference call.
At a program hosted by the University of Kentucky Horse Racing Club in Lexington, five prominent trainers gave attendees a glimpse of what life was like while walking in their shoes. Called "Inside Horse Racing: the Trainer's Point of View," the Oct. 8 event featured a question-and-answer session as well as a silent auction to benefit the Maker's Mark Secretariat Center.
A court ruling has set the stage for a trial over whether slots can continue at Gulfstream Park and other Broward County pari-mutuel facilities.
Another fight is brewing over whether Michigan's racetracks should be allowed to add casino-style gambling.
- By James Platz
Hoosier Park officials decided Wednesday to forgo a temporary slots facility and build a 92,696-square-foot casino with permanent slots at the Anderson, Ind., racetrack.
Calder Race Course and Flagler Dog Track and Sports Entertainment Center,have initiated a formal request before a committee of the Miami-Dade County Commission for a referendum for voters to consider the inclusion of slot machines at the three existing pari-mutuel facilities in Miami-Dade County.
- By Ray Paulick
By Ray Paulick - Racing has enough problems without a grandstanding politician using his position to wage a personal war with a state regulator.
Video gambling machines similar to slot machines could be installed at several dog and horse tracks around Florida, with the state's share of profits going toward a reduction in property taxes, under a bill approved Monday by a House council.
In an ongoing legal action that could possibly affect the future operation of slot machines at Gulfstream Park and other Broward County (Fla.) pari-mutuel facilities, the Florida Supreme Court agreed March 27 to rule on certain key issues in the dispute.
A joint resolution that would allow voters of individual Florida counties to decide if they want specified forms of casino gaming is among at least two pieces of gaming legislation filed for the upcoming session of the Florida Legislature, which begins March 5.
Illinois horse racing is mired in a "downward spiral that will require action by state government to save it," Hawthorne Race Course President Tim Carey said as his track prepared to open the 2007 Illinois Thoroughbred season Friday.
Up to 5,000 slot machines could draw crowds to Indiana's struggling horse racing tracks -- and bring in millions for the state -- under a proposal advanced by a House committee Wednesday.
Despite some inconveniences in the facility, horsemen at Philadelphia Park welcome the anticipated benefits as slots became a reality Tuesday.
Bally Technologies has signed on with Magna Entertainment Corp. to supply slots and related services to Gulfstream Park, it was announced Monday.
The Florida Department of Law Enforcement has opened its first office to regulate slot machines, which are expected in Florida by the end of the year.
The Massachusetts House of Representatives voted April 5 to defeat a proposal adding 8,000 slot machines to the state's four racetracks, one of which is Suffolk Downs, the historic Thoroughbred facility in East Boston.
A second group has announced plans to seek a constitutional amendment to place a vote on video slots at racetracks in Ohio on the November ballot.
Differences of opinion regarding the continuously changing bill for Kentucky casino gaming caused its consideration to be postponed Wednesday by the House Committee on Licensing and Occupations until the week of March 13.
The New York Racing Association and MGM Mirage announced June 16 that they have formally entered into a deal in which the Las Vegas gambling company will develop and manage a new video lottery terminal casino at NYRA's Aqueduct racetrack.
Speculation that a revenue sharing agreement could result in California between racetracks and tribal casinos over slot machines increased this week after a lawsuit on behalf of five tracks filed last year against Gov. Arnold Schwarzenegger was dropped May 25.
Despite the passage of slot-machine legislation by both chambers of the Maryland General Assembly, the headline in the Feb. 27 Baltimore Sun cautioned: "Slots' Future Still Uncertain."
The beneficial effect that alternative gaming at racetracks has on state Thoroughbred industries was affirmed again in 2004, according to statistics contained in The Jockey Club's 2005 Online Fact Book.
With New York losing nearly $3 million a day, Gov. George Pataki Feb. 15 told legislative leaders he wants a quick resolution to a dispute that has kept casino operations from opening at Aqueduct and Yonkers racetracks.
Indiana's horse racing industry suffered a significant setback Monday as the House Public Policy and Veterans Affairs Committee defeated a bill calling for slot machines at both Hoosier Park and Indiana Downs.
For the third straight year, a bill legalizing slot machines in Maryland is headed for the House of Delegates, where it's anyone's guess what will happen next.
A Kentucky legislator has proposed a pair of bills that would permit electronic slot machines at the state's eight racetracks, as well as every county in the state, if approved by local voters.
The new holder of New York's Thoroughbred franchise would pay the state a one-time fee of $250 million, under a plan proposed Tuesday by Gov. George Pataki.
As Maryland lawmakers prepare for their 2005 legislative session, a new poll released Jan. 10 shows that Marylanders' support for slot machines has reached a new high.
Don Litz looked over the crowd and then looked over the valley. He took a deep breath. Finally, his dream was realized.
Legislation has been introduced in New York to sweeten the pot for racetracks operating video lottery terminals, and to encourage the New York Racing Association's VLT partner to begin construction of a new casino at Aqueduct.
- By Tom Keyser
The family of Baltimore Orioles' majority owner Peter Angelos signed an agreement Nov. 20 to buy Rosecroft Raceway, a struggling harness track in Maryland just outside Washington, D.C.
Approximately 59% of voters in Oklahoma cast ballots Tuesday in favor of the "State-Tribal Gaming Act" that authorizes electronic gaming operations at the three privately-owned Oklahoma racetracks and directs a share of gaming revenues from Tulsa area tribes to the publicly-owned fourth track.
The Texas Racing Commission has approved the use of 31 "Horse Wizard" pari-mutuel wagering machines at Lone Star Park for the remainder of the fall meet that ends Oct. 31.
Churchill Downs Inc. announced Monday that it is revising its earnings outlook for the third quarter of 2004 and further lowering its outlook for the full year to reflect increased spending on alternative gaming efforts and special, non-cash impairment charges for Ellis Park due to softness in business at that racetrack.
- By Dan Liebman
by Dan Liebman -- In a feature story in last week's issue of The Blood-Horse, Airdrie Stud owner and former Kentucky governor Brereton C. Jones said he is personally against slot machines. If truth be told, there probably isn't a single horse breeder who actually hoped the day would come when slots would be necessary for the survival of racing.
by Steve Moody - While the gap between Indiana racing and Kentucky racing is still distinct when you're talking about Keeneland and Churchill Downs, the gap has narrowed significantly with respect to Turfway and Ellis Park.
Churchill Downs Inc. has revised its earnings estimates for the second quarter and current fiscal year, primarily as a result of costs associated with the company's efforts to seek legalized alternative gaming in California and Florida and its proposed acquisition of Fair Grounds in Louisiana.
California Gov. Arnold Schwarzenegger says he will "get rid of" a racing-sponsored initiative that could bring slot machines to tracks, but backers of the measure vowed to press their case with the voters.
The New York state Senate June 3 gave quick approval to a plan to overhaul the regulation of racing in the state, including a provision designed to get video lottery terminals installed this year at Aqueduct.
An investment group is taking ownership of Tioga Park, shuttered to racing in upstate New York since 1978, with plans to begin Standardbred racing next year in a facility that it hopes will also include a video lottery terminal casino.
Gov. Brad Henry signed a bill Wednesday to authorize a statewide vote Nov. 2 on whether to allow pari-mutuel horse racing tracks to operate electronic gambling machines now played only at Indian casinos.
David Willmot shared his opinions on everything from slot machines to the relationship between purses and handle at Wednesday night's Kentucky Thoroughbred Farm Managers' Club meeting.
At its recent meet that ended March 27, Delta Downs reported a 32% increase in handle over last year's results, with a total handle of more than $115 million.
New Jersey's casinos are near a deal that would boost purses at the state's three racetracks in exchange for the tracks delaying their plans to install video lottery terminals.
The Maryland Jockey Club and its majority owner, Magna Entertainment, issued a statement Wednesday reiterating their support for Pimlico Race Course at its present location.
As the Maryland General Assembly lurched into the final week of its 2004 law-making session, the future of slot machines in the state remained in the unpredictable grip of politics and, seemingly, outside the control of anyone in the horse industry.
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