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A group of Vernon Downs shareholders filed a lawsuit Nov. 20 seeking to gain control of the upstate New York Standardbred track from Las Vegas investor Shawn Scott.
Friday, November 21, 2003A study that examines the impact of racinos on the racing product will be presented Dec. 9 at the second Racing & Gaming Summit in Tucson, Ariz., the day before the University of Arizona Symposium on Racing begins.
Friday, November 21, 2003As West Virginia racinos consider a push for casino-style table games, questions loom. Would revenue from the games go to purses, and if so, how much?
Thursday, November 20, 2003A compromise proposal to put the issue of racetrack video lottery terminals before voters has been offered in the Ohio Senate, though it must pass the General Assembly by Dec. 3 if it is to make the ballot.
Monday, November 17, 2003Pennsylvania Gov. Ed Rendell isn't against having slot machines at locations other than racetracks, but he said if that's the case, it's imperative the tracks and the horse racing industry be protected.
Thursday, November 13, 2003The signs point to progress in Kentucky in terms of a bid for racetrack gaming in 2004, while in Pennsylvania, the horse industry is slowing the prospects for passage of legislation, officials said Nov. 11 during a panel discussion at Racino 2003 at Mountaineer Race Track & Gaming Resort.
Tuesday, November 11, 2003The Thoroughbred industry will have to face the music and change its tune in the next few years if it is to flourish, trainer John Ward suggested during a lively discussion the evening of Nov. 4 at the monthly Kentucky Thoroughbred Farm Managers' Club meeting.
Wednesday, November 05, 2003The Ohio Horsemen's Benevolent and Protective Association has told regulators state laws favor the Standardbred industry to the point where Thoroughbred racing is unfairly paying millions of dollars at a time when it badly needs the money.
Wednesday, November 05, 2003An effort to win approval for racetrack video lottery terminals failed Nov. 4 in Colorado, but in Maine, voters gave their approval for racetrack VLTs.
Wednesday, November 05, 2003Video lottery terminals would be permitted at off-track betting facilities in New York under a plan being considered by state budget negotiators. The idea is being promoted to deal with another huge, multibillion-dollar budget looming over the next two years and a failure by racetracks to get VLTs up and running quickly enough to send revenue-sharing money to the state.
Monday, November 03, 2003High-ranking New Jersey politicians and members of the horse racing industry will meet Nov. 12 in Trenton to discuss issues vital to the health of the racing and breeding industry, including the uncertain future of Monmouth Park and Meadowlands.
Thursday, October 30, 2003Pennsylvania Gov. Ed Rendell, whose 2002 campaign platform included an endorsement for racetrack gaming, will issue a "major policy speech" Nov. 12 at the closing session of Racino 2003 at Mountaineer Race Track & Gaming Resort in West Virginia.
Thursday, October 23, 2003Pennsylvania Sen. Robert "Tommy" Tomlinson, whose district includes Philadelphia Park in Bensalem, is planning to reintroduce a slot-machine bill as early as the week of Oct. 20, according to a report in the Bucks County Courier Times.
Thursday, October 16, 2003The Ohio Senate on Oct. 15 took a major step in approving video lottery terminals for the state's seven racetracks. The Senate, by 24-9 vote, approved a bill that would put the issue of VLTs before the public in the March 2, 2004 primary.
Thursday, October 16, 2003Michigan Gov. Jennifer Granholm said a proposal to authorize video lottery terminals at racetracks is one possible way to help balance the state's budget.
Tuesday, October 14, 2003Magna Entertainment Corp., which recently said it would rebuild Pimlico Race Course, said the project now hinges on whether the state's racetracks are approved for slot machines.
Wednesday, October 08, 2003Texas Attorney General Greg Abbott has declared voters must approve an amendment to the state constitution before any of the 10 licensed horse or Greyhound tracks in Texas can install video lottery terminals.
Monday, September 29, 2003The euphoria after the Keeneland September yearling sale posted gains of almost 30% in gross and average apparently hasn't carried over to the Standardbred business. Numbers for the recent Tattersalls select yearling sale at The Red Mile in Lexington actually were fairly strong, but industry leaders indicated the storm clouds haven't blown away.
Monday, September 29, 2003New York state comptroller Alan Hevesi, who believes the New York Racing Association is unwilling to reform operations, has called for the creation of an independent inspector general to monitor NYRA.
Wednesday, September 17, 2003As the New York Racing Association sits on the video lottery terminal sidelines, others in New York are racing ahead with efforts to get the devices up and running, possibly by the end of the year.
Tuesday, September 16, 2003Slot machines at Fair Grounds would generate $2 million to $3 million a year to supplement purses, according to figures released by state officials in Louisiana.
Tuesday, September 16, 2003With a push for a constitutional amendment on expanded gambling looming in 2004, former Kentucky governor Brereton Jones said he would help fashion legislation to authorize full-scale casino gambling at racetracks.
Monday, September 15, 2003Slot machines at Louisiana Downs in Bossier City, La., appear to have impacted five riverboat casinos in the Shreveport/Bossier City market, according to July revenue reports filed with the Louisiana Gaming Control Board.
Tuesday, September 09, 2003Bill Casner, co-owner of WinStar Farm near Versailles, Ky., called for support of video lottery terminals in Kentucky and the Thoroughbred Championship Tour while accepting the 2003 Industry Service Award at the Thoroughbred Owners and Breeders' Association's National Awards Dinner.
Monday, September 08, 2003Ground was broken Aug. 13 on the "Miracle Isle" gaming facility at Vernon Downs, which intends to become the first New York racetrack to have video lottery terminals in operation.
Thursday, August 14, 2003Kentucky Derby-winning trainer John Ward has called some of the recent attacks on the embattled New York Racing Association "essentially a political assassination campaign" linked to development of video lottery terminals at racetracks in the state.
Monday, August 11, 2003A construction program that began 2 1/2 weeks ago to install video lottery terminals at Aqueduct racetrack in New York has been halted because of the ongoing criminal investigation of the New York Racing Association.
Friday, August 08, 2003Slot machine exclusivity at New York racetracks may be short-lived, two legislators from the Empire State said on Tuesday during an afternoon session of the Saratoga Institute on Racing and Wagering Law.
Tuesday, August 05, 2003California Indians will fight any effort to expand gaming at state racetracks, said the executive director of the association that oversees tribal casinos.
Thursday, July 31, 2003Boyd Gaming announced plans July 30 for a $50-million expansion at Delta Downs in Vinton, La. In a conference call on Boyd's second-quarter earnings, the company said Delta Downs, which has slot machines, has become of its "best performers."
Thursday, July 31, 2003The Republican-controlled Pennsylvania Senate returned to a brief session July 28 but didn't consider racetrack slots legislation. It previously had buried a bill passed by the House, and it had predicted it would be after Labor Day before it considers the topic again.
Wednesday, July 30, 2003In a case closely watched by the racing industry, a New York judge today upheld legislation permitting racetracks in New York to offer video lottery terminals.
Thursday, July 17, 2003Instant Racing, launched in Arkansas three years ago, was approved for use at pari-mutuel facilities by the Wyoming Racing Commission July 11. The devices, which resemble video lottery terminals but are linked to pari-mutuel pools, will first be installed at an off-track betting parlor operated by Wyoming Downs.
Monday, July 14, 2003The Pennsylvania House of Representatives has proposed that racetrack slot machines produce $1 billion in revenue, way up from the $400 million projected for this fiscal year in legislation approved by the state Senate.
Tuesday, July 08, 2003The Pennsylvania Horsemen's Benevolent and Protective Association has submitted an application for a license for a Thoroughbred racetrack that would be built in the Lehigh Valley. If approved, daily purses would eventually average $1 million a day under a plan whereby all profits from slot machines would go back to horsemen.
Wednesday, July 02, 2003The Pennsylvania Senate, on a 27-22 vote the evening of June 25, approved legislation to authorize racetrack slot machines. Now, the measure goes to the House of Representatives.
Thursday, June 26, 2003The issue of video lottery terminals at Ohio's racetracks died in the state Senate June 25.
Wednesday, June 25, 2003The Pennsylvania Senate could vote today, June 25, on legislation to allow slot machines at racetracks. The plan needs 26 votes to pass, and if it does, it will be sent to the House of Representatives.
Wednesday, June 25, 2003The issue of video lottery terminals at Ohio racetracks still has a chance for passage in the state Senate, though it may be a longshot.
Tuesday, June 24, 2003The racino at Louisiana Downs in Bossier City, La., took in more than $2.6 million in revenue in its first 11 days of operation, according to figures released by the Louisiana Gaming Control Board. The 905 slot machines went online May 21.
Wednesday, June 18, 2003The Ohio Senate on June 11 delayed consideration of a resolution to put a racetrack video lottery terminal issue on the November ballot. The delay was caused by disagreements among Senate Democrats over how VLT revenue, estimated to be $500 million and $700 million a year, would be distributed.
Thursday, June 12, 2003The Ohio Senate is expected to vote by June 13 on a resolution to put the issue of video lottery terminals at racetracks on the November ballot. Meanwhile, opposition to the proposal picked up with ads on cable television in selected areas of the state.
Wednesday, June 11, 2003Legislation that would place the issue of racetrack video lottery terminals on the November ballot was introduced in the Ohio Senate June 3. Opponents are already predicting defeat.
Wednesday, June 04, 2003A plan is in the works to allow the state of Maryland, not racetrack owners, own slot-machine operations and hire members of the private sector to operate them.
Wednesday, June 04, 2003With the Pennsylvania legislature set to return June 2, it will be pressured to act on one of two measures that would place slot machines at racetracks. Gov. Ed Rendell wants a bill passed before summer recess commences June 30.
Monday, June 02, 2003A dispute over video lottery terminal revenue splits has been resolved by the New York Racing Association and the group that represents horsemen at NYRA-operated racetracks.
Friday, May 30, 2003The future of Remington Park and perhaps the future of the entire Thoroughbred industry in Oklahoma could depend on a vote by House of Representatives to legalize electronic gaming at the state's racetracks.
Friday, May 30, 2003A resolution to place the issue of racetrack video lottery terminals on the November ballot will be introduced in the Ohio Senate, probably the week of June 3, Sen. Louis Blessing said. The Senate recently removed a proposal for VLTs from the proposed state budget.
Friday, May 30, 2003As the Texas legislature prepares to end its biennial regular session June 2, it appears approval for video lottery terminals at racetracks would have to wait.
Thursday, May 29, 2003Pinnacle Entertainment officials alleges legislation to provide more aisle space for the gaming parlor at the Delta Downs in Vinton, La., is actually an effort to expand the casino at the racetrack owned and operated by Boyd Gaming.
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