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KY Budget Woes Could Aid Racetrack VLTs

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.

Racetrack VLT Bill Clears Kentucky Panel

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.

Issues Delaying VLT Casino at Aqueduct

Issues Delaying VLT Casino at Aqueduct

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.

Kentucky Industry Hopeful About Stumbo

Democratic Kentucky Rep. Greg Stumbo was sworn in Jan. 7 as the state's speaker of the House, giving some in the Thoroughbred industry hope that alternative gaming may soon exist in the Bluegrass State.

Texas VLT Bill Ready to Be Filed

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.

Bill Calls for Handle, Injury Reports

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.

Texas HORSE Seeks Support, Legislation

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.

NYRA Net Operating Loss at $34 Million

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.

Bruno: 'Scare Tactics' Must End

Bruno: 'Scare Tactics' Must End

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 Pushes Keno, Not Track Gaming

  • News

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.

Track Wins Table Games But Vote Contested

  • News

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.

State Officials Tell Bid Groups NYRA Should Run Tracks

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.

West Virginia Table Games Closer to Reality

  • News

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.

Aqueduct Casino, More VLTs Possible in '08 Plan

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.

Racetrack VLT Referendum Fails in Ohio

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.

NYRA Seeks Bankruptcy Protection from Court

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.

Ohio Racetrack VLT Question on November Ballot

  • News

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.

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