Racing stakeholders and government officials Feb. 4 publicly stated their opposition to legislation that would shift 15% of video lottery and table games revenue to fund other programs in West Virginia.
- Chestnut Gelding
- Born 2008
|Owner||Virginia Tarra Trust|
|Breeder||Virginia H. Tarra Trust|
|Table Games View Five-Cross Pedigree||Hold That Tiger||Storm Cat|
|Beware of the Cat|
|Lady Dealer||Prospectors Gamble|
|Z Lady Gladiator|
No auction history found.
Legislation introduced in the West Virginia Senate March 6 calls for several statutory changes regarding racing, including a substantial reduction in the minimum number of dates a track must schedule each year.
Senators voted 32-18 Monday to approve the bill that would allow Indiana's 10 riverboat casinos to move inland to adjacent property and permit live table games at the two horse track casinos.
The Indiana Senate Public Policy Committee unanimously approved the bill, which would allow Hoosier Park and Indiana Downs to add table games like blackjack and roulette.
Indiana race tracks could move a step closer to being allowed to add table games on Wednesday, Jan. 23 when a state Senate committee considers changes to gambling laws.
Delaware Park has received mostly favorable feedback on its ontrack exacta bonus experiment, but its potential may be hard to gauge until it has a chance to grow.
Pari-mutuel handle on live and simulcast racing has increased at Hollywood Casino at Charles Town Races since casino table games were added to the mix at the West Virginia facility, officials said Aug. 4.
Patrons at the Hollywood Casino at Penn National Race Course will be able to play table games, effective July 13, after approval was granted by the Pennsylvania Gaming Control Board.
The number of states that permit racino gaming has grown from one in 1990 to 15 in 2010. Read Blog
MTR Gaming Group reported a net loss of $3.3 million for the first quarter of 2010 versus net income of $752,000 for the same period in 2009.
A bill on West Virginia's 10-10-10 program, which offers purse supplements to in-state Thoroughbred owners, as well as breeders and stallion owners, awaits action by the governor.
Philly Park has been granted a table games license, but horsemen there want improvements made to racing-related facilities on the property.
The chair of the Pennsylvania Horse Racing Commission said March 10 racetrack casinos in the state are expected to demonstrate "concrete ways their commitment to live racing and breeding."
Table games could be operating at three Delaware racetracks sometime this summer.
Gov. Ed Rendell is threatening to layoff 1,000 more state employees if legislators don't approve table games at slots parlors.
As the Delaware government awaits the results of an independent study into the expansion of casino gambling in the state, a study commissioned by three racetracks concluded the addition of casinos will cannibalize the market.
Charles Town Races & Slots won approval Dec. 5 to install table games to go along with its 5,000 video lottery terminals.
Ken Lowe was elected president of the Charles Town Horsemen's Benevolent and Protective Association, defeating incumbent Randy Funkhouser.
Charles Town Races & Slots said Oct. 22 it has broad support from Thoroughbred owners and breeders for a Dec. 5 referendum to authorize the West Virginia racetrack to add casino-style table games, but issues that divide management and horsemen remain.
Democratic Gov. Ed Rendell has signed into law a budget for Pennsylvania that reduces the share of revenue horse racing gets from slot machines by about 17% over four years.
Penn National Gaming, Inc. said Aug. 6 it will request to hold a special December referendum for table games at Charles Town Races & Slots.
The expansion of gaming at racetrack casinos doesn't always guarantee more money for purses and breed development programs, horsemen said July 2 during a sobering discussion that showed horse racing's challenge to stay relevant in a revenue-driven environment.
Delaware expects to offer sports betting at its three racetracks this summer under a new law that also allows the tracks to offer table games such as blackjack, craps, poker, and roulette.
A Penn National Gaming Inc. official said the company doesn't plan to ask voters this year to approve table games at Charles Town Races & Slots in West Virginia.
The Supreme Court of Florida Sept. 11 denied a request by the Seminole Tribe of Florida and Gov. Charlie Crist for a re-hearing on its July 3 ruling that blackjack and baccarat are illegal at the tribe's Hollywood, Fla., casino.
The Seminole Tribe of Florida is preparing for the June 22 launch of blackjack and baccarat at its Hollywood, Fla., casino located 10 miles from Gulfstream Park, one of the racetracks that filed suits to stop the Seminole gaming expansion.
In an April 7 conference call where an executive announced an end to a workers' strike at its signature racino, MTR Gaming Group also claimed its 2007 financial performance was a product of a four-year business plan to diversify and strengthen the company.
MTR Gaming Group said Jan. 16 its Mountaineer Casino, Racetrack & Resort reported about $3 million in revenue from table games and poker since the full ramp-up of table-game operations in late December.
Two Thoroughbred tracks owned by MTR Gaming Group have scheduled 332 racing dates for 2008.
The West Virginia Lottery Commission has authorized Mountaineer Casino Resort & Racetrack to conduct two nights of testing in preparation for the soon-to-be announced official opening of table games.
Play at poker tables in their first few weeks of operation at Mountaineer Race Track & Gaming Resort has exceeded expectations.
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.
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.
- By Ryan Conley
MTR Gaming Group realized a 40% increase in net revenues for the second quarter, according to financials released Aug. 9, but recorded a net loss of $502,000 as the company battled slots competition from neighboring Pennsylvania.
Voters in a local referendum June 30 approved the addition of table games at Mountaineer Race Track & Gaming Resort, giving management and horsemen hope the new offerings will boost business at the West Virginia facility and perhaps increase interest in the live racing product.
The company that owns Mountaineer Race Track & Gaming Resort is attempting to focus on its core holdings, and on June 30 will find out whether it can add table games at the West Virginia facility.
Penn National Gaming has agreed to be acquired by two private funds for $8.9 billion, the company announced June 15.
A bid by Ohio racetracks to win approval for Instant Racing machines, which resemble video lottery terminals but are pari-mutuel in nature, is said to still have some life left despite an announcement by Gov. Ted Strickland that he would veto the measure.
Charles Town Races & Slots, owned by Penn National Gaming Inc., lost its bid to add table games in a June 9 referendum in Jefferson County, West Virginia.
Local referendums on the addition of table games at racetracks will be held in two West Virginia counties June 9. Votes in two other counties are set for June 30 and Aug. 11.
Four West Virginia counties plan local-option votes on the addition of table games at racetracks.
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.
The West Virginia Senate March 6 voted to legalize table games at the state's horse and dog racing tracks. The bill, which already passed the House of Delegates, must return there for concurrence.
The West Virginia Senate is schedule to vote on legislation to authorize table games at the state's four tracks, including Charles Town Races & Slots and Mountaineer Race Track & Gaming Resort.
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.
Legislation to authorize table games at West Virginia racetracks was introduced Jan. 30 in the state legislature.
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.
West Virginia's four racetracks moved a stepped closer to becoming full-scale casinos March 28 when the state Senate approved legislation to legalize table games at the facilities.
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%.
|V. E. Day|