The outspoken leader of Capital Play, one of the entities vying for the big Aqueduct video lottery casino deal, is stepping down.
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.
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.
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.
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.
Ohio Gov. Ted Strickland said June 12 he would veto any legislation allowing video gambling machines at Ohio racetracks.
New York state officials told three Thoroughbred franchise bidding groups they want to let the New York Racing Association continue running the state's major racetracks and begin a new bidding process for rights to operate casinos at Aqueduct and Belmont Park.
Video gambling machines similar to slot machines could be installed at several dog and horse tracks around Florida, with the state's share of profits going toward a reduction in property taxes, under a bill approved Monday by a House council.
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.
A Virginia Senate committee has approved legislation that would authorize Instant Racing machines at Colonial Downs and off-track betting parlors.
New York state officials said talks are under way to permit construction to proceed on a casino at Aqueduct, and a crack has opened to possibly permit more video lottery terminals in the state. Additionally, there is a plan by the state to provide more public assistance to keep the New York Racing Association afloat through 2007.
Legislation to authorize table games at West Virginia racetracks was introduced Jan. 30 in the state legislature.
The New York Racing Association is asking a federal bankruptcy judge to halt the state's plan to turn Aqueduct, Belmont Park, and Saratoga over to the next Thoroughbred franchise-holder.
For the third time in 16 years, Ohioans soundly rejected the expansion of gambling in Ohio, this time routing a racetrack-backed proposal to put video lottery terminals at seven tracks and two non-track locations in Cleveland.
The New York Racing Association has filed for Chapter 11 bankruptcy protection, charging that the state of New York's failure to approve a long-stalled casino project for Aqueduct Racetrack has pushed it toward insolvency.
A referendum to allow video lottery terminals at seven racetracks and two stand-alone casinos in Ohio will be on the November ballot because supporters of the measure have obtained the required number of certified signatures.
New York's top fiscal officer has warned a state agency that its delay in approving a video lottery terminal casino contract for Aqueduct is costing the state needed revenue and risking bankruptcy for the New York Racing Association.
A top Las Vegas casino company is assuring New York officials it's anxious to get started with construction of a video lottery terminal casino at Aqueduct.
The New York Racing Association is facing the same financial crisis as it did a year ago unless the state opens its wallet with cash advances that have already been approved by the state legislature.
Supporters of video lottery terminals at Ohio racetracks have submitted an additional 43,879 petitions they say will meet the required number needed to put a VLT referendum on the November ballot.
A petition drive to allow a vote on video lottery terminals at Ohio racetracks was 8,716 signatures short as of Aug. 30, but more will be submitted within the next two weeks.
Issuing what he termed a "call to action to horsemen and all of the racing community," New York Racing Association president and chief executive officer Charles Hayward asked horsemen for their cooperation in lobbying Gov. George Pataki for immediate permission to install and operate 4,500 video lottery terminals that have been delayed at Aqueduct.
Concerned Citizens for Saratoga Racing, a group that includes several prominent horsemen, has called on the state to make continuation of spring and fall training in Saratoga Springs, as well as submission of all expansion plans for Saratoga to local government for approval, required under the request for proposal to operate Saratoga, Aqueduct, and Belmont Park.
With ongoing declines in Thoroughbred breeding and racing in Ohio, and a possible November referendum for racetrack gaming in the state, organizers of this year's Midwest Regional sale said the industry has reached a "pivotal" point.
Supporters of video lottery terminals at the seven racetracks in Ohio have submitted 624,625 signatures to put the issue on the November ballot.
Supporters of video lottery terminals at Ohio's seven racetracks have collected 117,000 more signatures than needed to put the issue on the November ballot, though they must be validated.
Supporters of video lottery terminals at Ohio racetracks have started circulating petitions to put the issue on this year's November ballot.
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.
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.
New York state could reap at least $2.1 billion if it auctions off video lottery terminal franchises at Aqueduct and Belmont racetracks, sells the tracks now run by the New York Racing Association, and privatizes the six regional off-track betting corporations now scattered around the state.
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.
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.
Most Popular Stories
- California Chrome Draws Rail in PA Derby
- Game On Dude, Won Three Big 'Caps, Retired
- Demonstrative Narrow Victor in Lonesome Glory
- Horseman Tom Harbut Dies at Age 94
- Penn National CEO Wilmott Appointed to Board
- Inside Yearling Sales Prep: At The Sales
- Top 3-Year-Old Fillies to Battle in Cotillion
- Ricardo Beats Baze in Champions Challenge
- Top Stallion Street Cry Dead at Age 16
- Brockton Fair Invites Suffolk Downs Horsemen