New York Gov. George Pataki has proposed new competition for racetracks with a plan to have the state sell eight video lottery terminal franchises to hotels, off-track betting parlors, and other entities.
Tuesday, January 20, 2004Finger Lakes Gaming & Racetrack officials Monday announced a 35% increase in overnight purses beginning with opening day of the 2004 racing season.
Monday, January 19, 2004Track operators in New York are gearing up for a major lobbying battle against an effort to spread video lottery terminals beyond the state's horse racing industry.
Monday, January 19, 2004Racing is making significant strides in a number of important areas, but needs legislative assistance in others, a representative of the National Thoroughbred Racing Association told a panel of legislators from gaming states Friday during a meeting in Las Vegas.
Friday, January 09, 2004Horsemen and management at Mountaineer Race Track & Gaming Resort continued contract negotiations Jan. 9 in the wake of a dispute that has halted simulcasting at the West Virginia track.
Thursday, January 08, 2004The dispute between horsemen and management at Mountaineer Race Track & Gaming Resort escalated Jan. 5 when both parties accused the other of negotiating in bad faith.
Monday, January 05, 2004Though 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.
Wednesday, December 31, 2003Licensing 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.
Monday, December 22, 2003The 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.
Friday, December 19, 2003Fraser 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.
Wednesday, December 17, 2003Mid-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.
Tuesday, December 16, 2003The Pennsylvania legislature may be close to passing both a budget and slot machine legislation, perhaps by the end of the week of Dec. 15.
Tuesday, December 16, 2003Jean 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.
Tuesday, December 09, 2003New 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.
Friday, December 05, 2003A Kentucky legislator has pre-filed several bills for the 2004 General Assembly session, including one that would authorize electronic gaming devices at racetracks, and another that calls for a constitutional amendment on the subject.
Tuesday, December 02, 2003Legislation 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.
Tuesday, December 02, 2003Operators of racetracks with gaming devices continue to look for ways to drive pari-mutuel handle, but they admit converting slots players to handicappers is a long-term challenge.
Tuesday, December 02, 2003Voters in Romulus, Mich., will decide Dec. 2 whether to allow for gambling establishments, one of which is a multi-breed racetrack proposed by Magna Entertainment Corp.
Monday, December 01, 2003Legislators continue to work on a compromise on racetrack video lottery terminals as a deadline nears to get the measure on the March 2, 2004 ballot in Ohio.
Sunday, November 30, 2003A 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, 2003By Tom Molloy -- With VLT revenue resulting in even higher purses, it would seem to strengthen a case for an open dialogue to discuss a re-negotiation of fees with an emphasis on formally directing a fair portion to the grooms, hotwalkers, and others.
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 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, 2003