Three groups seeking to legalize video lottery terminals at Ohio racetracks have decided to join forces rather than pursue their own ballot questions, which have generated conflict.
As Delaware Park begins its 69th season of Thoroughbred racing, management has announced a major Las Vegas-style expansion of the facility pending approval from New Castle County, where the track is located.
Ohio Attorney General Jim Petro has rejected requests of three groups seeking to put the issue of video lottery terminals at racetracks on the ballot this year.
The projected costs of the New York Racing Association's video lottery terminal casino keep soaring, and state officials are voicing renewed concerns about the delay in building the new gambling facility at Aqueduct racetrack.
New York should permit public and private partnerships to bid on the New York Racing Association franchise, allow bettors to wager via computers, introduce frequent-betting rewards programs at tracks, and approve the merger of the state's off-track betting corporations, according to an ambitious legislative package proposed March 9 by Friends of New York Racing.
A deal to provide a $20-million bailout to the New York Racing Association received Senate approval March 1 and heads to Gov. George Pataki for his signature.
West Virginia lawmakers are considering two bills--one that would prohibit account wagering, and another that would authorize county referendums on the addition of casino-style games at Thoroughbred and Greyhound racetracks.
Friends of New York Racing, formed to advocate a new economic model for the pari-mutuel industry in the state, believes backstretch health and welfare issues should be addressed as part of the selection process for the New York Racing Association franchise.
New York would add three additional casinos featuring video lottery terminals, which would be permitted to locate near the New York Racing Association's future Aqueduct racino, Gov. George Pataki proposed Jan. 17.
With construction set to start on a video lottery terminal casino at Aqueduct in late January, racetrack, the New York Racing Association is pushing the state of New York to provide an additional $20-million bailout before spring.
A New York state government panel approved a $5-million loan for the New York Racing Association Jan. 9 to keep the association afloat during its 2006 racing season.
New York officials need to act quickly to launch a major overhaul of racing laws to help jumpstart the state's $1.4-billion Thoroughbred racing industry, Friends of New York Racing concluded in its year-end report on the status of pari-mutuel horse racing in the state.
A revenue-sharing deal for video lottery terminals at Aqueduct would give horsemen 7.5% of gross gaming revenue for the first three years, and breeders 1.25% for the first five years, once the devices are operating.
An Aug. 26 presentation on the status of the Kentucky lottery and a scholarship fund that derives money from it led to a call for more funding, even if it means legislators would have to approve expanded gambling to generate the revenue.
Thoroughbred interests in West Virginia are hopeful lawmakers will correct action that took revenue for a proposed breed development program at Mountaineer Race Track and Gaming Resort and shifted half of it to an incentive program for racing Greyhounds.
Oklahoma may be less than two weeks away from having its first racetrack casino operation licensed, and a June 16 meeting should chart the course of on-track electronic gaming in the state.
New York Racing Association officials say they are rushing toward a new video lottery terminal revenue sharing deal with horsemen and breeders that would avoid the need for pending legislation at the state Capitol to reach a VLT agreement.
The regular session of the Texas legislature concluded without tossing so much as a crumb toward horse racing, but the state's racing industry remains hopeful lawmakers could soon consider video lottery terminals for racetracks.
Horsemen and breeders have turned to New York legislators to resolve a dispute over video lottery terminal revenue-sharing arrangements with racetracks.
A last-ditch attempt to get video lottery terminals included in legislation that would reorganize the Texas Lottery Commission was unsuccessful May 26. With the Texas legislative session coming to an end, the VLT plan will have to wait for a special session or the 2007 legislative session.
The projected cost of building the long-planned video lottery terminal casino at Aqueduct has soared nearly 20% since it was first proposed several years ago, New York Racing Association officials said.
New York's highest court upheld as legal the spread of video lottery terminals to racetracks in a ruling issued May 3, a major victory for the state's racing industry.
A measure to increase the share of video lottery terminal revenue for New York racetracks, as well as jump-start the long-stalled VLT casinos at Aqueduct and Yonkers Raceway, has been given final approval by Gov. George Pataki.
The New York legislature has given final approval to a measure to increase the share of video lottery terminal revenue for racetracks, as well as jump-start the long-stalled VLT casinos at Aqueduct and Yonkers Raceway.
The Republican-led Senate and Democratic-run Assembly in New York have introduced legislation to sweeten the pot for racetracks with video lottery terminals, though the measure restricts the amount of extra money that would go to Aqueduct and Yonkers Raceway compared to other tracks.
Lawmakers in New York have agreed to repair a state law that has kept Aqueduct and Yonkers Raceway from opening their video lottery terminal casinos in a deal that will bring the state up to $1 billion in revenue each year.
Gambling interests have agreed to poll Ohio voters on the issues of casinos and video lottery terminals at racetracks in the state. The decision came during a March 24 meeting loosely dubbed the Ohio Gaming Summit.
Legislation endorsed by the West Virginia Senate Judiciary Committee would allow casino-style table games at the four racetracks in the state, but the panel also doubled the state tax on the games from 12% to 24%.
Seeking to prod along negotiations, the New York Senate approved two bills March 17 designed to open long-stalled video lottery terminal casinos at Aqueduct and Yonkers Raceway, believed to be New York's most lucrative racetracks for gaming.
The New York Assembly has rejected proposals by Gov. George Pataki to create an oversight board to monitor the New York Racing Association, form a super-agency to oversee all aspects of gambling, and create eight additional video lottery terminal casinos.
A meeting of Ohio gambling interests, including representatives of the state's seven racetracks, is scheduled for March 24 in Columbus.
The Maryland House of Delegates has rejected a series of amendments offered by gambling opponents, setting the stage for a final vote Feb. 25 on a bill to legalize 9,500 slot machines at four locations in the state.
Instant Racing--pari-mutuel wagering machines that closely resemble video lottery terminals--had its first $1-million day in handle Feb. 21 at Oaklawn Park. Instant Racing, a product of RaceTech, first began operating at the Hot Springs, Ark., racetrack in 2000.
The franchise for the New York Racing Association should be put out to bid and awarded to an entity that will turn the troubled racing group into a for-profit enterprise, the New York state Legislature's top Republican said Tuesday.
Two proposals calling for pull-tab machines at Hoosier Park and Indiana Downs received their first hearing Jan. 26, but after three hours of debate in the House Public Policy and Veterans Affairs Committee, one thing was clear: Legislation to authorize the machines could meet an early fate.
Representatives of horsemen's groups are working in the West Virginia capital of Charleston to fend off an effort by Gov. Joe Manchin to take $5 million from purse accounts at each of the state's four racetracks to help pay off a $3-billion debt in the state workers' compensation program.
A proposal to finance a new stadium for the Indianapolis Colts by utilizing expanded gaming in downtown Indianapolis appears to be dead.
Slot machines at the new Evangeline Downs in Opelousas, La., pulled in nearly $72 million in gross revenue and generated more than $12 million for purses and breed development in their first year of operation, according to statistics from the Louisiana Gaming Control Board.
The Broward County (Florida) Commission voted Tuesday to approve a plan allowing voters to decide whether to allow video lottery terminals at the county's four pari-mutuel facilities, although a number of details are still undetermined.
The Kentucky Equine Education Project has fashioned a short list of legislative initiatives that includes tax breaks and a breed development program but not racetrack gaming--at least not yet.
Michigan Racing Commissioner Robert Geake said he would leave his post when his term expires at the end of December, and that he hopes to make the long-awaited decision on granting a suburban Detroit racetrack license before he goes.
Newly hired New York Racing Association president and chief executive officer Charles Hayward said Nov. 22 the racing organization is close to operating in the black again.
A supporter of video lottery terminals at Ohio's seven racetracks said Nov. 8 there is an "excellent chance" the proposal would go before Ohio voters in a November 2005 referendum.
Michigan voters effectively sounded the death knell for racinos in the state when they passed the anti-gambling Proposal 1 by a 58%-42% margin with 98% of precincts reporting.
The board of directors for the Florida Thoroughbred Breeders' and Owners' Association has formulated an ambitious legislative agenda that would bring live racing to Ocala and get video lottery terminals installed at the state's racetracks.
The Pennsylvania Horse Racing Commission has finalized at five the number of applicants seeking the final Thoroughbred racing license in the state. Only four applicants hit an informal Aug. 16 deadline to apply for the last license, but Magna Entertainment Corp. has reiterated its interest in building a track near Pittsburgh International Airport.
Planners of a Thoroughbred racetrack near Erie are weighing two location options pending a Sept. 15 license amendment decision from the Pennsylvania Horse Racing Commission.
Officially there is still life in legislation to introduce video lottery terminals to Michigan racetracks. But following an Aug. 4 vote in the state legislature, the breathing is shallow and the pulse is weak.
The Illinois legislature adjourned its "overtime" spring session without acting on a package of gaming reforms that could have brought slot machines to racetracks.
RaceTech, the company behind Instant Racing, expects to top the $100-million mark in total handle sometime this year. Instant Racing--basically pari-mutuel video lottery terminals--went online early in 2000 at Oaklawn Park and Southland Greyhound Park in Arkansas.
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