Video Lottery Terminals

News, Articles, Videos and other content about Video Lottery Terminals

VLTs Spark Interest in Long-Shut Tioga Park

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.

VLT Provision Fails to Muster Support in Texas

Unless the Senate revives interest in the concept soon, it appears the Texas legislature will not legalize video lottery terminals at the state's five horse tracks and three Greyhound tracks.

Michigan Racino Measure Still Faces Obstacles

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Legislation to legalize video lottery terminals at Michigan racetracks took a tenuous, toddling step forward April 29 when the state Senate narrowly approved a racino bill after nearly a year of inaction. But much work remains.

Ohio Governor Again Says He Opposes Casino Gambling

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Ohio Gov. Bob Taft has again stated his opposition to installation of video lottery terminals at the state's seven racetracks. Meanwhile, a key legislator has suggested non-track casinos be located in urban areas.

Texas Governor Calls Special Session

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The addition of video lottery terminals at Texas dog and horse tracks will be one of the items discussed when the Texas state legislature convenes for a special session beginning on April 20. The special session can last as long as 30 days and the governor can call as many sessions as he wants.

In Florida, Industry Not on Same Legislative Page

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The Florida Thoroughbred Breeders' and Owners' Association, which believes the state's racing industry is at a crisis stage, has released an aggressive legislative agenda that takes aim at laws its says create an uneven playing field with other gambling entities. Still, it appears there isn't industry consensus on just how to proceed.

Michigan Senator Predicts Passage of VLT Bill

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A member of the state Senate committee considering legislation that would allow video lottery terminals at Michigan racetracks predicted the week of March 22 that the bill would be voted out of committee and passed by the Senate this spring.

Measure Would Authorize Betting Hubs in Kentucky

Legislation to authorize wagering hubs in Kentucky was introduced in the state Senate in early March and is moving through the legislative process as an amendment to a bill that would permit artificially inseminated horses to race in Kentucky. A hub measure was introduced in 2002 but it failed to garner support.

$50M Delta Downs Expansion Project Under Way

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A $50-million expansion of the Delta Downs Racetrack & Casino is well under way with completion expected by the end of 2004. The project includes a hotel and a bigger parlor for slot machines.

New York Racetrack Denied Operating License

State regulators have denied a 2004 racing application for troubled Vernon Downs, a Standardbred racetrack in central New York. The Feb. 27 ruling by the New York State Racing and Wagering Board prohibits racing at the facility and keeps shuttered a recently completed video lottery terminal casino.

Iowa House OKs Table Games for Racetracks

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Prairie Meadows and two Greyhound tracks will be permitted to offer table games under Iowa legislation that bans new gaming licenses in counties where they aren't currently in place.

Bill Would Increase Subsidy to Indiana Racetracks

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Indiana's horse racing industry may have another opportunity to secure more financial stability. An amendment introduced and passed in the Senate Finance Committee Feb. 19 would increase the annual subsidy to the industry from $27 million to $44 million. It goes to the full Senate for consideration.

Finger Lakes Officially State's First Thoroughbred Racino

Patrons waited more than two hours to enter Finger Lakes Gaming & Racetrack Feb. 18 for the opening of the track's video lottery terminal parlor. The scene was reminiscent of one that played out a few weeks earlier when Saratoga Gaming and Raceway became New York's first operating racino.

Kentucky's Casino Hopes Move Forward

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Officials representing the Kentucky horse industry agreed Wednesday to proposed alternative gaming legislation that would put casinos at four racetracks and four other non-racetrack facilities in the state.

Proposed Lease of Monmouth Park Topic of Meeting

The second of the New Jersey Sports and Exposition Authority's Monmouth Park Stakeholders Committee meetings is scheduled for Feb. 11, and the topic is scheduled to be the lease of the racetrack. The NJSEA has said it's exploring the possibility of leasing Monmouth and Meadowlands.

Indiana Racetrack Gaming Bill Clears Committee

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A bill that would allow electronic pull-tab machines at Indiana racetracks and two satellite wagering facilities crossed a second hurdle Jan. 21. The House Ways and Means committee approved the legislation by a 17-10 vote and sent it along for consideration by the full House.

Casino Purse Supplement Considered in New Jersey

Under a plan being considered by the New Jersey legislature, the governor's office, and the New Jersey Sports and Exposition Authority, Thoroughbred and Standardbred purses could be supplemented by revenue from Atlantic City casinos, possibly this year.

Oklahoma Deal Calls for Racetrack Gaming

Indian tribes, the horse racing industry, and Gov. Brad Henry have reached an agreement on legislation that would allow racetracks to install gaming machines and regulate devices currently operating at tribal casinos. The measure now goes to the state legislature.

Kentucky Legislative Leaders Cool on Racetrack Gaming

With the 2004 Kentucky General Assembly session set to get under way Jan. 6, the state's racing and breeding industry, which has devised legislation to authorize a constitutional amendment on racetrack casinos, is working to line up sponsors. Legislative leaders, however, continue to downplay the chances of passage of any bill to expand gambling.

Kentucky Plan: Public Vote for Racetrack Casinos

Though the prospects for expanding gambling in Kentucky remain clouded, the racing and breeding industry has settled on a plan for a constitutional amendment to authorize full-scale casino gambling at the state's eight racetracks.

New York Racino Stalled by Licensing Difficulties

Licensing problems have delayed, for possibly well into 2004, the opening of Vernon Downs, which was to become the first racetrack in New York with video lottery terminals. That honor will now go to Saratoga Raceway, which is scheduled to open its VLT operation in mid-January.

Evangeline Downs Gets Early Christmas Present

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The slot machines parlor at Evangeline Downs in Opelousas, La., opened Dec. 19 even though the facility won't offer live horse racing until 2005. The 2004 meet will be held at the existing Evangeline Downs in Carencro, about 10 miles south of the new site.

Hastings Harness Neighbor Wins OK for Slot Machines

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Fraser Downs, a British Columbia Standardbred track located not far from Hastings Park, received approval Dec. 16 to install slot machines. The Surrey City Council will schedule a fourth reading on the measure and approve final documents in a few weeks, the track said in a press release.

Vernon Downs Officials Appeal Denial of Licenses

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Mid-State Raceway key investor Shawn Scott and board chairman Hoolae Paoa, president and chief executive officer of the company's Vernon Downs, Miracle Isle Gaming Resort, and Miracle Isle video gaming facility subsidiaries, have appealed a decision by the New York State Racing and Wagering Board to deny their requests for permanent licenses.

How Much Do Slots Really Help the Racing Product?

Jean Major said he can't argue with the benefits of racetrack slot machines in Ontario, Canada. But he indicated there are two sides to every story, and suggested some procedures to ensure substantive growth in the horse racing industry.

Reports: NYRA Indictment Imminent; Franchise Safe

New York media outlets have reported an indictment of the New York Racing Association on conspiracy, tax evasion, and fraud charges is expected, possibly as soon as Dec. 5. In an unusual deal, NYRA would be allowed to keep its franchise to operate Aqueduct, Belmont Park, and Saratoga, according to the reports.

Racetrack Gaming Push Hits Another Wall in Ohio

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Legislation to put the issue of racetrack video lottery terminals on the ballot in March 2004 has been killed in the Ohio General Assembly, a lobbyist said Dec. 2, the deadline to get the measure passed.

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