The state of New York should abandon efforts to find new bidders to develop a video lottery terminal casino at Aqueduct and instead tap the New York Racing Association to run the long-delayed facility, a leading state lawmaker believes.
The head of Delaware's gambling industry group said Democratic Gov. Jack Markell's proposed budget would be devastating to the state's three racetracks, including Delaware Park.
Saying five of the state's seven racetracks will close without assistance from the legislature, the Ohio State Racing Commission March 19 released a draft plan for 14,000 video lottery terminals that would be located at tracks.
The economy continues to take its toll on racetracks, including those with alternative gaming. Mountaineer Casino, Racetrack & Resort in West Virginia said it will cut overnight purses 10% effective April 20.
Turfway Park has canceled its third consecutive Monday program because of a shortage of horses, officials said March 13.
With the Kentucky General Assembly seemingly headed for a special session this spring or summer to address a substantial revenue deficit, a legislative committee March 12 heard testimony on a bill that would authorize video lottery terminals at racetracks in the state.
In anticipation of a push by a consortium for casino gambling in Ohio's four largest cities, the Ohio State Racing Commission is formulating its own legislative proposal for video lottery terminals at the state's seven racetracks.
The New York Thoroughbred Breeders, disturbed by a delay in a plan for thousands of video lottery terminals at Aqueduct, called the situation "inexplicable" and said Gov. David Paterson should put the project on "war footing."
Turfway Park is having a tough time making up for programs canceled because of the weather during the current winter/spring meet.
The chairman of the Kentucky Equine Education Project said Feb. 18 he expects gaming-related legislation benefitting the Kentucky horse industry to pass -- but he's not sure when.
More than 100 people who make their living in the Kentucky horse industry made their case to three Northern Kentucky legislators Feb. 16, and the message was clear: The economics must change or the state will lose a valuable asset.
Revised legislation to authorize video lottery terminals at Kentucky racetracks unanimously passed out of a House of Representatives committee Feb. 12, but its sponsor is unsure the measure will be voted on by the full House during the current General Assembly session.
The company selected to operate video lottery terminals at Aqueduct said there are a host of unresolved issues, including restructuring its financing deal, before it can close on a final agreement with the state of New York to begin construction on the long-delayed facility.
Legislation to authorize video lottery terminals at Kentucky racetracks will be amended in several key areas, one of which is a substantial increase in the licensing fee racetracks would pay for VLT licenses.
The Kentucky Horsemen's Benevolent and Protective Association is circulating a petition asking the General Assembly to support legislation to authorize video lottery terminals at racetracks in the state.
When the Texas legislature convenes Jan. 13, a bill to legalize alternative gaming at the state's racetracks is ready to be filed. The Texas racing industry has angled for video lottery terminals for the past decade, but in 2009, business will not be as usual.
Democratic Kentucky Rep. Greg Stumbo plans to file legislation to authorize Kentucky Lottery Corp.-operated video lottery terminals at the state's racetracks.
Legislation that would require racetracks to submit detailed daily reports on pari-mutuel handle and attendance, and various parties to submit racehorse injury reports, has been pre-filed for the 2009 session of the Kentucky General Assembly.
Ohio voters Nov. 4 rejected a proposed $600-million casino -- the fourth time plans for expanded gambling in the state have been turned down since 1990.
New York Gov. David Paterson selected Delaware North to run a new, sprawling video lottery terminal casino at Aqueduct, sources at the state capital said Oct. 10. But the Senate balked at his choice.
The nation's financial crisis has stepped up efforts to prod state government in New York to select an operator for the long-stalled video lottery terminal casino at Aqueduct, and launched a renewed effort to bring VLTs to Belmont Park.
A new stakes worth up to $1 million will be offered next year at Charles Town Races & Slots in West Virginia.
Texas Thoroughbred Association executive director David Hooper addressed the Greater Houston Horse Council July 21 in an effort to garner support for a new breed coalition, Texas Horse Organizations for Racing, Showing and Eventing, which is known as Texas HORSE.
The New York Racing Association reported total net operating losses of $34.28 million in 2007. That figure is nearly double from 2006, when total net losses reached $17.83 million.
With a contentious proposal to legalize casinos stalled in the House, a lawmaker is floating a compromise measure that would allow only slot machines and video poker at Kentucky racetracks.
Atlantic City casinos have agreed to boost financial help for New Jersey's racetracks, but officials said long-term funding issues remain.
While unveiling what he called the framework of a Thoroughbred franchise agreement, Senate Majority Leader Joseph Bruno blasted the New York Racing Association Feb. 7 for attempting to scare its workers and horsemen by threatening a shutdown Feb. 14.
Ohio Gov. Ted Strickland has promised to add keno games to the Ohio Lottery to make up for a projected budget shortfall at the end of this fiscal year on June 30.
Delaware Park could conduct no less than 135 days of Thoroughbred racing each year under legislation introduced in the state General Assembly.
The New York Racing Association is proposing to keep 17.5 acres of land adjacent to Aqueduct after it gives up it land claims to the state of New York, according to amendments filed to its Chapter 11 bankruptcy reorganization.
A new poker room and simulcast facility are open in the grandstand at Mountaineer Race Track & Gaming Resort, which earlier this year received state and county approval to add table games to its thousands of video lottery terminals.
Ohio Gov. Ted Strickland signed into law legislation Oct. 25 banning the use of gaming devices throughout the Buckeye State.
Seven entities have expressed interest in running a future video lottery terminal casino at Aqueduct, including several Indian-owned gambling companies, the Spitzer administration said Oct. 15.
Two weeks before the Breeders' Cup World Championships at Monmouth Park, New Jersey Gov. Jon Corzine said he would support financial assistance for the state's horse racing and breeding industries.
People who live near Belmont Park got a chance to voice their opinions about the franchise to operate Thoroughbred racing at three tracks in New York.
New York Gov. Eliot Spitzer has formally recommended the New York Racing Association continue to operate Aqueduct, Belmont Park, and Saratoga racetracks while a separate operator for future casino developments at Aqueduct and possibly Belmont would be tapped down the road.
An audit of a vote on table games at a Greyhound racetrack near Charleston, W.Va., showed the measure passed 23,192-22,849, but there has been a call for a recount.
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.
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.
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.
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.
MGM Mirage has ended its deal with the New York Racing Association to build and operate a video lottery terminal casino at Aqueduct.
A study authorized by New York City Off-Track Betting Corp., the largest such entity in New York, recommends action designed to maximize the operation and capitalize on marketing opportunities.
Legislation to authorize Instant Racing machines has been introduced in the Ohio House of Representatives and Senate.
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.
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.
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
- NYTHA Has Plan to Deal With Election Protest
- New York Panel Announces Winning Casino Bids
- Canterbury Park Announces 2015 Stakes Slate
- Indiana Grand Reports Increased Wagering
- Bell to Head Thoroughbred Aftercare Alliance
- Tax Break on Racehorses Passes Congress
- Court Decision Threatens Illinois Racing
- Aussie Sale Buyers Can Request Steroid Test
- 2014 Auctions Digest
- Newsmakers of 2014