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BloodHorse.com Articles for "Video Lottery Terminals"

VLT Casino to Open Despite Legal Challenge

It appears Scioto Downs, a harness track in Columbus, will be the first racetrack in Ohio to open its video lottery terminal casino.

 Tuesday, May 22, 2012
KY Downs Instant Racing Handle Near $82M

KY Downs Instant Racing Handle Near $82M

More than $81.95 million was bet through Instant Racing machines at Kentucky Downs from Sept. 1, 2011, through April 30, 2012, according to the latest figures from the Kentucky Horse Racing Commission.

 Thursday, May 17, 2012

Ohio Bill Sets VLT Purse Share at 9% Minimum

Casino cleanup legislation passed by the Ohio Senate May 10 has some new horse racing-related language, including a section that ensures the industry will get no less than 9% of gross revenue from racetrack VLTs.

 Friday, May 11, 2012

PNGI: Status Quo on Ohio Tracks for Now

Penn National Gaming Inc., which owns two racetracks in Ohio, said it will run full live racing schedules at both tracks for the rest of this year and possibly next year depending on resolution of a legal challenge.

 Tuesday, May 08, 2012

Finger Lakes Ready for 50th Racing Season

Finger Lakes Casino & Racetrack in western New York will celebrate its 50th year of Thoroughbred racing with a 163-day meet that begins April 20.

 Thursday, April 19, 2012
WV Derby Returns to Television This Year

WV Derby Returns to Television This Year

The $750,000 West Virginia Derby (gr. II) will return to television this year as part of an $800,000 promotional package approved April 13 by the West Virginia Racing Commission.

 Friday, April 13, 2012

Oral Arguments Heard in Ohio VLT Lawsuit

The Ohio Roundtable contended in oral arguments April 3 that a 2011 law passed by the Ohio General Assembly allowing the state Lottery Commission to install video lottery terminals at racetracks is unconstitutional.

 Thursday, April 05, 2012

Ohio Track in Joint Venture With Hard Rock

A Cleveland, Ohio-area racetrack has partnered with a casino company to develop a gaming facility with video lottery terminals and related entertainment offerings.

 Thursday, April 05, 2012

PNGI Has Deal to Relocate Two Ohio Racetracks

Penn National Gaming Inc. said March 16 it has reached an agreement with Republican Ohio Gov. John Kasich to relocate two racetracks in the state to capitalize on video lottery terminals in new markets.

 Friday, March 16, 2012

Revenue Up But Net Loss for MTR Gaming Group

MTR Gaming Group reported solid growth in net revenue for the fourth quarter of 2011 but a net loss for the quarter and the year.

 Friday, March 09, 2012

Arguments in Ohio VLT Lawsuit Postponed

Oral arguments in a lawsuit challenging video lottery terminals at Ohio racetracks have been postponed, officials said.

 Friday, March 09, 2012

OH Horsemen Fight Breeding Fund Money Grab

Ohio horsemen are lobbying the state Senate to alter language in House-passed legislation that would shift pari-mutuel revenue for breeding funds to municipalities that host racetracks.

 Tuesday, March 06, 2012
Major Purse Hikes Set for Belmont, Saratoga

Major Purse Hikes Set for Belmont, Saratoga

Stakes purses at the Belmont Park and Saratoga meets this year will increase roughly 27%, while overnight purses will jump about 42%, the New York Racing Association said Feb. 29.

 Wednesday, February 29, 2012
Optimism and Wariness as Mountaineer Reopens

Optimism and Wariness as Mountaineer Reopens

Mountaineer Casino, Racetrack & Resort will begin its 10-month meet March 2 with some upgrades and increased promotion, but officials also are keeping an eye on neighboring states as they expand gambling opportunities.

 Tuesday, February 28, 2012
NY Racetracks Touting Expansion Benefits

NY Racetracks Touting Expansion Benefits

New York's nine racetracks, which are lobbying to expand their businesses into full-fledged casinos, claim 8,200 permanent jobs would be created if they are permitted to enhance their gaming operations.

 Tuesday, February 28, 2012

Judge Lets Parties Intervene in Ohio VLT Case

A judge issued an order Feb. 24 allowing several gambling interests to intervene in a lawsuit filed by the Ohio Roundtable challenging a law allowing Ohio racetracks to install video lottery terminals.

 Saturday, February 25, 2012

Groups Ask to Intervene in Ohio VLT Lawsuit

Representatives of several Ohio gambling operations testified Feb. 21 in Franklin County Common Pleas Court seeking permission to intervene in a lawsuit brought by the Ohio Roundtable.

 Wednesday, February 22, 2012

Parties Will Intervene in Ohio VLT Lawsuit

Oral arguments on a lawsuit filed to stop the installation of video lottery terminals at Ohio racetracks has been postponed to give interested parties a chance to intervene.

 Sunday, February 19, 2012
Report Helps NY Racetrack Casinos Make Case

Report Helps NY Racetrack Casinos Make Case

A report done for the New York Gaming Association says the organization's members -- nine racetrack casinos in the state -- generate almost $2 billion a year in economic output.

 Thursday, February 16, 2012
Racing-Related Funds Targeted in MD, PA

Racing-Related Funds Targeted in MD, PA

Legislation that would divert gaming revenue for horse racing to other sources has been introduced in Maryland, and in Pennsylvania the governor has taken similar action in his 2012-13 state budget.

 Tuesday, February 07, 2012
Cuomo Shoots Down Plan for Belmont Casino

Cuomo Shoots Down Plan for Belmont Casino

New York Gov. Andrew Cuomo is dismissing efforts to develop a casino at Belmont Park, which would serve as direct competition to the nearby video lottery terminal facility at Aqueduct.

 Friday, February 03, 2012

Beulah Park Will Likely Move to Youngstown

Penn National Gaming Inc. now plans to request to move Beulah Park near Columbus, Ohio, to a site near Youngstown rather than Dayton, according to its latest financial report.

 Thursday, February 02, 2012

Central Ohio Track First to Get VLT License

A central Ohio racetrack is the first of seven tracks in the state to receive a license to install and operate video lottery terminals.

 Thursday, January 26, 2012
NYRA Criticized Again in New State Audit

NYRA Criticized Again in New State Audit

The New York Racing Association is masking financial troubles and is not taking steps state auditors have urged in the past to right its fiscal condition, the state's chief fiscal watchdog said Jan. 24.

 Tuesday, January 24, 2012

OH Policy Group Continues VLT Challenge

The Ohio Roundtable Jan. 23 asked a Franklin County Common Pleas Court judge to reject motions filed by the state to dismiss a lawsuit challenging legislative approval of a 2011 bill to authorize VLTs at racetracks.

 Tuesday, January 24, 2012
Push for Expanded Gambling Intensifies in NY

Push for Expanded Gambling Intensifies in NY

Legislation is popping up in New York to permit additional casinos across the state, with other versions of bills placing the expanded gambling offerings at existing racetrack casinos.

 Friday, January 20, 2012
NY Panel Issues Plan for Retired Racehorses

NY Panel Issues Plan for Retired Racehorses

A New York task force has recommended a percentage of revenue from video lottery terminals and purse accounts go toward retraining and retirement programs for racehorses in the state.

 Sunday, December 25, 2011

Ohio Anti-VLT Group Given Deadline for Suit

Efforts to facilitate installation of video lottery terminals at Ohio racetracks continued to quicken Dec. 22 when a public policy group that filed suit over VLTs was given a deadline to respond to motions to dismiss.

 Friday, December 23, 2011
MD Groups Commit to Discuss Long-Term Plan

MD Groups Commit to Discuss Long-Term Plan

Maryland racing industry officials already have scheduled their first meeting to devise a long-term strategy for live racing in the state beyond 2012.

 Wednesday, December 21, 2011

State Wants Ohio VLT Lawsuit Dismissed

The office of Ohio Attorney General Michael DeWine filed papers in Franklin County Common Pleas Court Dec. 9 to dismiss a lawsuit filed by the Ohio Roundtable, a group that opposes racetrack VLTs.

 Saturday, December 10, 2011
Deadline Set for Ohio VLT Court Challenge

Deadline Set for Ohio VLT Court Challenge

Columbus, Ohio Common Pleas Court judge Timothy Horton set Sept. 9, 2012, as the deadline for the state to file and answer a suit filed by the Ohio Roundtable over racetrack video lottery terminals.

 Tuesday, November 29, 2011

NY Racetrack Casinos Preparing for Changes

Racetrack casino operators in New York are lobbying hard to protect their interests in anticipation of a potential gambling expansion and tighter licensing procedures in 2012

 Thursday, November 10, 2011
After Long Wait, Aqueduct Opens VLT Casino

After Long Wait, Aqueduct Opens VLT Casino

Just one day shy of the 10th anniversary on which former New York Gov. George Pataki signed a law approving racetrack casinos, Aqueduct's new VLT facility will open the afternoon of Oct. 28.

 Friday, October 28, 2011
NY Breeders' Awards to Jump Sharply in 2012

NY Breeders' Awards to Jump Sharply in 2012

Just days before the opening of the Resorts World Casino at Aqueduct, the New York Breeding and Development Fund announced a sharp increase in breeders' awards for 2012.

 Monday, October 24, 2011

OH Group Files Lawsuit Over VLT Law

The Ohio Roundtable, which opposes the expansion of gambling, said Oct. 21 is has filed a lawsuit challenging racetrack VLTs in the state.

 Friday, October 21, 2011

Ohio Racetrack Relocation Rules Expedited

Gov. John Kasich signed another executive order Oct. 20 that allows the Ohio State Racing Commission to adopt regulations governing eligibility for racetracks to install video lottery terminals and to request relocation.

 Thursday, October 20, 2011

Ohio Governor Fast-Tracks VLT Regulations

Republican Gov. John Kasich, citing an "emergency" in Ohio, issued an executive order Oct. 14 allowing the Ohio Lottery Commission to adopt regulations governing racetrack video lottery terminals.

 Tuesday, October 18, 2011

Wait-and-See for Ohio Racetrack Relocations

If the Ohio Supreme Court were to rule that video lottery terminals can't be installed at racetracks in the state, attempts to move tracks to new locations would be dropped.

 Friday, October 07, 2011

PNGI Makes Pitch for Gaming at Rosecroft

Penn National Gaming Inc. is making its case for gaming at Rosecroft Raceway, the Maryland harness track it purchased earlier this year and will reopen for live racing Oct. 21.

 Thursday, October 06, 2011

Court Denies Request to Halt Instant Racing

A public policy group's request to halt Instant Racing at Kentucky Downs was denied by the Kentucky Court of Appeals Oct. 5.

 Thursday, October 06, 2011

Stronach Group in Maryland Casino Venture

The Stronach Group, which owns Laurel Park and Pimlico Race Course in Maryland, is part of a group that has filed an application to construct a video lottery terminal casino in downtown Baltimore.

 Wednesday, September 28, 2011

OH Lottery Preparing for Racetrack VLTs

The Ohio Lottery Commission said Sept. 26 it plans to have video lottery terminals installed at some of the state's racetracks perhaps by January 2012.

 Tuesday, September 27, 2011

Kentucky Group Again Targets Instant Racing

The Family Foundation of Kentucky continued its efforts to halt Instant Racing at Kentucky Downs Sept. 21 when it asked state Attorney General Jack Conway to classify the games as illegal slot machines.

 Thursday, September 22, 2011
Ohio 2012 Dates Reflect Some Stability

Ohio 2012 Dates Reflect Some Stability

After years of steady reductions, Ohio's seven racetracks have applied for 694 dates in 2012, only seven fewer than were applied for this year.

 Friday, September 16, 2011

VLT Revenue Splits Remain Issue in Ohio

Racetracks and horsemen's groups in Ohio continue to wrestle over how much purses and breed development programs will receive from track-based video lottery terminals, which were legalized earlier this year.

 Tuesday, September 13, 2011
Kentucky Downs Says Instant Racing Play Good

Kentucky Downs Says Instant Racing Play Good

Kentucky Downs is reporting receipts of more than a half-million dollars from Instant Racing machines during their first five days of operation.

 Thursday, September 08, 2011
NY Tracks to Offer Casino Expansion Plan

NY Tracks to Offer Casino Expansion Plan

Racetracks across New York Sept. 7 will unveil a plan to amend the state constitution to permit them to offer a complete array of casino gambling as part of a proposal they say will raise revenue for the state and industry.

 Tuesday, September 06, 2011
Kentucky Downs: 'Canary in the Coal Mine'

Kentucky Downs: 'Canary in the Coal Mine'

Amid the uncertainty of reception in the marketplace and a lingering legal challenge, Kentucky Downs officially christened expanded pari-mutuel wagering via Instant Racing machines during an evening reception Aug. 30.

 Wednesday, August 31, 2011
KY Downs to Launch Instant Racing Sept. 1

KY Downs to Launch Instant Racing Sept. 1

Kentucky Downs will inaugurate Instant Racing in Kentucky Sept. 1 and believes the form of pari-mutuel wagering can help restore "vibrancy" to the state's horse racing industry.

 Monday, August 22, 2011

OH Track Relocations Must Wait Until October

A racing regulator in Ohio said Aug. 21 it will be the middle of October for a decision is made on allowing Penn National Gaming Inc. to transfer the racing licenses of its two tracks to other locations.

 Monday, August 22, 2011
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