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BloodHorse.com Articles for "Video Lottery Terminals"

Proposal Shows Split Between Racing, Gaming

A request for authorization for an economic study on Thoroughbred and Greyhound racing and breeding in West Virginia shed light on the friction between the racing and gaming sectors in the state.

 23 hours ago

OH High Court Asked Not to Hear VLT Appeal

The Ohio Attorney General's office has asked the state Supreme Court not to hear an appeal by a public policy group challenging the 2011 law authorizing video lottery terminals at racetracks.

 2 days ago
Pimlico Renovation Plans Still in the Works

Pimlico Renovation Plans Still in the Works

The Maryland Jockey Club expects to begin construction on new barns at Laurel Park this year as part of a long-term capital improvement plan, but it is holding off on announcing details of renovations at Pimlico Race Course.

 4 days ago
PNGI Submits Plan for Rosecroft Casino in MD

PNGI Submits Plan for Rosecroft Casino in MD

Penn National Gaming Inc. has submitted a formal proposal to build a $700 million casino and resort on the grounds of Rosecroft Raceway, a harness track located just south of Washington, D.C., in Prince George's County, Md.

 Monday, May 13, 2013

Ohio Track Helps MTR Gaming Bottom Line

With strong assistance from its video lottery terminal operation at Scioto Downs in Ohio, MTR Gaming Group greatly reduced its net loss for the first quarter of 2013 compared with the same period in 2012.

 Thursday, May 09, 2013

NY Bill Would Tab Tracks for Full Casinos

Several of New York's racetrack gaming facilities would be first in line for full-scale casinos under legislation being finalized by Senate Republicans in the state legislature.

 Tuesday, May 07, 2013

NY Racetrack Casinos Tout Financial Benefits

The New York Gaming Association April 29 released a report that shows its nine racetrack-based casino facilities generated $1.8 billion in gross gaming revenue in 2012 and turned over $823 million in taxes to the state.

 Monday, April 29, 2013

Lack of Deal Stalls River-at-Beulah Meet

The Ohio State Racing Commission April 16 once again deferred action on a proposal to transfer the River Downs meet to Beulah Park because horsemen and Penn National Gaming Inc. have no contract for the meet.

 Tuesday, April 16, 2013

Ohio HBPA Forces VLT Issue With Thistledown

The Ohio Horsemen's Benevolent and Protective Association has informed Thistledown it won't grant the track approval to export its signal when live racing begins April 19 because it has no deal with horsemen on VLT revenue.

 Monday, April 08, 2013

In Ohio, Transition Brings Complications

As the first Thoroughbred track in Ohio prepares to open its video lottery terminal facility, purses are up. But some longtime horsemen in the state are on a waiting list for stalls.

 Tuesday, April 02, 2013
Bill Allowing Transfer of Ohio Dates Signed

Bill Allowing Transfer of Ohio Dates Signed

Republican Gov. John Kasich April 1 signed into law a transportation bill that includes an amendment that would facilitate transfer of the 2013 River Downs race meet to Beulah Park.

 Monday, April 01, 2013

Ohio Racing Plans Remain in Stall Mode

A plan to shift the 2013 River Downs meet to Beulah Park remains on hold, and developers of new racetrack gaming facilities in Ohio were told to go back to the drawing board in terms of indoor seating for racing patrons.

 Wednesday, March 27, 2013

Kansas Bill Designed to Get Tracks to Reopen

Legislation creating the Kansas Agriculture Opportunity Act would lower the tax rate on electronic gaming machines in an effort to get racetracks to install them, and also increase the amount of revenue for purses.

 Tuesday, March 26, 2013

OH Racetrack Developers Put Through Ringer

Companies that plan to construct new racetrack gaming facilities in Ohio have been summoned to appear before the Ohio State Racing Commission for a third time March 27.

 Friday, March 22, 2013

MTR Gaming: Revenue Up Despite Competition

MTR Gaming Group reported a 14.5% improvement in revenue in 2012 despite an increase in competition from other casinos, the company reported March 7 in its latest earnings report.

 Friday, March 08, 2013

WV Bill Lowers Minimum Number of Racing Dates

Legislation introduced in the West Virginia Senate March 6 calls for several statutory changes regarding racing, including a substantial reduction in the minimum number of dates a track must schedule each year.

 Wednesday, March 06, 2013

Racetrack VLT Legislation Introduced in Texas

A Texas lawmaker has introduced legislation that would authorize a constitutional amendment on video lottery terminals at racetracks and at tribal facilities.

 Tuesday, March 05, 2013
KY Lawmaker Questions Raid on Instant Racing

KY Lawmaker Questions Raid on Instant Racing

The Kentucky House Feb. 27 passed legislation that in part would take revenue from historical race wagering to fund pensions for state workers, but one lawmaker questioned the bill's impact on the horse industry.

 Thursday, February 28, 2013

Delaware Moves on Online Gaming at Racetracks

The Delaware Lottery has issued a request for proposal for its planned Internet gaming system, and the racing industry is negotiating a revenue split with the state and racetrack casinos.

 Thursday, February 14, 2013

Finger Lakes Embarks on Expansion Project

Finger Lakes Casino & Racetrack has started construction on a $12 million expansion of its video lottery terminal facility.

 Tuesday, February 05, 2013
PNGI Moving Forward, But With Caution

PNGI Moving Forward, But With Caution

Penn National Gaming Inc., which has a host of projects in the works, is taking a cautious approach to 2013 in the wake of a "soft" fourth quarter in 2012, company officials said Jan. 31 during an earnings teleconference.

 Thursday, January 31, 2013
NY Senator: Consider Belmont Park for Casino

NY Senator: Consider Belmont Park for Casino

The New York Senate's top Republican wants Belmont Park to be included in the list of possible casino expansion locations.

 Wednesday, January 30, 2013
Mountaineer Meet to Begin with 10% Purse Hike

Mountaineer Meet to Begin with 10% Purse Hike

Overnight purses will increase 10% when Mountaineer Casino, Racetrack & Resort begins its almost 10-month racing season March 1.

 Wednesday, January 30, 2013
McClain Resigns as NYRA President

McClain Resigns as NYRA President

New York Racing Association President and COO Ellen McClain announced Jan. 25 that she is resigning from her role, and board leaders said they would immediately begin a national search to find a replacement.

 Friday, January 25, 2013

Assembly Speaker Weighs in on NY Casinos

The New York legislature's most powerful Democrat said Jan. 24 he would be open to further casino development at Aqueduct Racetrack, as well as several other specific locations in New York City except for Manhattan.

 Thursday, January 24, 2013
Cuomo: Use VLT Revenue for Safety Measures

Cuomo: Use VLT Revenue for Safety Measures

New York Gov. Andrew Cuomo wants to dip into purse accounts to take $1.5 million to $2 million per year for equine safety programs at the state's racetracks.

 Wednesday, January 23, 2013

Ohio Appeals Court Hears VLT Arguments

The Ohio Roundtable, an anti-gambling organization, asked the Franklin County Court of Appeals Jan. 17 to reject a decision by the Franklin County Common Pleas Court, which last year dismissed a lawsuit challenging VLTs.

 Friday, January 18, 2013

Oral Arguments Scheduled in Ohio VLT Appeal

Oral arguments have been scheduled on a public policy group's appeal of a ruling that it doesn't have the legal standing to sue over a 2011 law authorizing racetrack video lottery terminals.

 Wednesday, January 02, 2013

Non-Track Casino Funds Approved for OH Racing

The Ohio State Racing Commission Dec. 13 approved the distribution of more than $1.77 million in revenue racing has received from non-track casinos in the state.

 Thursday, December 13, 2012
River Downs Meet Could Move to Beulah in 2013

River Downs Meet Could Move to Beulah in 2013

The awarding of 2013 Thoroughbred racing dates in Ohio has stalled given the fact the meet at River Downs may have to move to Beulah Park because of construction of a new racetrack gaming facility.

 Thursday, November 29, 2012
OH County Approves Racetrack Casino Plans

OH County Approves Racetrack Casino Plans

The Warren County, Ohio, government Nov. 13 approved plans by Churchill Downs Inc. and Delaware North to build a racetrack casino that would replace Lebanon Raceway.

 Wednesday, November 14, 2012
'Public Sale' Hints at Future of River Downs

'Public Sale' Hints at Future of River Downs

Though owner Pinnacle Entertainment hasn't made an official announcement, it appears the grandstand at River Downs will be leveled to make way for a new racetrack gaming facility.

 Wednesday, October 17, 2012
For Best of Ohio, a Chance for Some Growth

For Best of Ohio, a Chance for Some Growth

Fifty-one horses are entered in the five races that make up the Best of Ohio, an event that figures to benefit in future years from video lottery terminal revenue.

 Wednesday, October 10, 2012
Laurel Park Meet Features More Money, Stakes

Laurel Park Meet Features More Money, Stakes

Laurel Park will begin a 69-day meet Sept. 5 with average daily purses of $240,000 and an expanded stakes schedule.

 Wednesday, September 05, 2012

Group Appeals Latest Ruling in Ohio VLT Case

The Ohio Roundtable, a public policy group challenging the 2011 law authorizing racetrack video lottery terminals in Ohio, has appealed a common pleas court ruling that found the organization lacks standing in the case.

 Friday, August 31, 2012

Group Seeking License for New York Racetrack

With New York's racetrack video lottery terminal operators looking to become full-blown casino destinations, a new player in the crowded market is asking regulators for the eighth and final harness racetrack license.

 Thursday, August 30, 2012
For Ohio Tracks, 2013 a Transitional Year

For Ohio Tracks, 2013 a Transitional Year

With one exception, there could be little change in live racing dates at Ohio tracks in 2013, but significant alterations are possible for 2014 should more facilities begin operating video lottery terminals.

 Wednesday, August 22, 2012

Partners Granted Permit for Thistledown

The company whose permit to operate Thistledown was approved by the Ohio State Racing Commission Aug. 22 indicated the planned video lottery terminal operation at the racetrack will be more than temporary.

 Wednesday, August 22, 2012
Maryland Gaming Law Fairly Neutral on Racing

Maryland Gaming Law Fairly Neutral on Racing

A law expanding casino gambling in Maryland alters some tax and revenue percentages but should keep the horse racing industry whole, according to fiscal projections associated with the measure.

 Friday, August 17, 2012

PNGI Extends Live Racing Deal at Rosecroft

Penn National Gaming Inc. said Aug. 7 it will continue to offer live harness racing at Rosecroft Raceway in Maryland for two more years--if another Prince George's County location isn't chosen as the location for a casino.

 Tuesday, August 07, 2012

Track Relocation Rules Approved in Ohio

The Ohio State Racing Commission July 10 began the process of transferring racing licenses from existing racetracks to new locations.

 Friday, July 13, 2012

VLT Revenue at Ohio Track Exceeds Estimates

The only racetrack gaming facility in Ohio generated $11 million in revenue in its first month of operation, the Ohio Lottery Commission reported.

 Tuesday, July 10, 2012
PNGI Applies for VLTs, OH Track Relocations

PNGI Applies for VLTs, OH Track Relocations

Penn National Gaming Inc. on June 30 filed requests for video lottery terminals and to relocate its two Ohio racetracks.

 Monday, July 02, 2012
Protecting Gaming Purse Funds a Challenge

Protecting Gaming Purse Funds a Challenge

Protecting purse revenue from alternative gaming can be as hard, or harder, than winning legislative approval for it, horsemen said June 30 during a National Horsemen's Benevolent and Protective Association roundtable talk.

 Saturday, June 30, 2012

Policy Group Appeals Latest Ohio VLT Ruling

The Ohio Roundtable has appealed a Common Pleas Court ruling that said it didn't have legal standing to sue the state and others over the 2011 law that legalized racetrack video lottery terminals.

 Friday, June 29, 2012

PNGI Preparing to Act on Beulah Relocation

Penn National Gaming Inc. is preparing applications in Ohio for video lottery terminals and relocation in connection with its plan to move Beulah Park to the Youngstown area.

 Friday, June 22, 2012
Decisions on OH Racetrack Relocations Near

Decisions on OH Racetrack Relocations Near

The Ohio State Racing Commission probably will rule on racetrack license transfers during the third quarter of this year, OSRC chairman Robert Schmitz said June 11.

 Tuesday, June 12, 2012

Thistledown to Install VLTs; Move Possible

The owner of Thistledown near Cleveland said June 6 it has a memorandum of understanding with the State of Ohio to install video lottery terminals at the racetrack, but also reserves the right to move the operation.

 Thursday, June 07, 2012
Ohio Judge Rules in Favor of Racinos

Ohio Judge Rules in Favor of Racinos

Just as the state's first racino prepares to open June 1, an Ohio judge has ruled against a group that filed suit challenging the legality of the casinos that fall under auspices of the Ohio Lottery Commission.

 Wednesday, May 30, 2012

Racing Language Protected in OH Gaming Bill

Language pertaining to the horse racing industry remained intact May 24 when the Ohio House of Representatives and Senate passed a casino cleanup bill that was sent to Republican Gov. John Kasich for his signature.

 Friday, May 25, 2012
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