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Compromise on Ohio VLTs as Deadline Looms

  • News

A 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.

Budget Plan Would Put VLTs at New York OTBs

Video 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.

Ohio Senate OKs VLT Ballot Question for 2004

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The 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.

Standardbred Sale Good, But Call for Slots Issued

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The 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.

In Support Of

By Ben Chandler -- Both Kentucky gubernatorial candidates were posed the following question: "Why should the horse industry in Kentucky support you for governor?" Here is the response by candidate Ben Chandler.

Former Governor Supports Casino Gaming at Tracks

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With 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.

Louisiana Racino Appears to Impact Riverboat Casinos

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Slot 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.

Trainer Ward Critical of Recent Attacks on NYRA

Kentucky 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.

Delta Downs Set for $50-Million Expansion Project

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Boyd 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."

Pennsylvania House Wants More From Slot Machines

The 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.

New Pennsy Track Plan: All Slots Profits to Horsemen

The 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.

Former Kentucky Governor: Let Public Decide on Gaming

Alternative gaming at Kentucky racetracks must be tied to a constitutional amendment, and the public must have a say in how the state's share of the revenue is spent, the former governor of Kentucky said June 22 during a panel discussion at the Thoroughbred International Exposition & Conference in Lexington.

Meeker: Wagering Products Must Match Customer Demand

Churchill Downs Inc. will look to develop products that suit its patrons under a new customer relationship management program expected to have "dramatic" results, CDI president Tom Meeker said June 19 during the company's annual shareholder meeting in Louisville, Ky.

Process of Educating Kentucky Legislators Begins

With an economic impact pegged at about $3.4 billion, the equine industry has been called the most important in Kentucky. Some legislators would like to keep it healthy--even help it grow--but they've acknowledged they don't have all the answers.

Louisiana Downs Slots Revenue Already in Millions

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The 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.

Ohio VLT Resolution Stalls in Senate

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The 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.

Ohio Senate Could Vote on Racetrack VLT Proposal

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The 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.

Racetrack Gaming Measure Passes Michigan House

Legislation to allow electronic gaming at Michigan racetracks was approved by the state House of Representatives May 22, just two days after the release of a poll that indicated the public overwhelmingly disapproves of the prospect.

Slots Bills Up For Debate in Pennsylvania Legislature

A pivotal week for slot-machine legislation in Pennsylvania is ahead as the Senate is expected to debate a plan to legalize the devices at the state's racetracks, possibly May 12-13. Supporters of slots are planning to "leapfrog" a potentially hostile committee vote by putting the legislation on the floor as an amendment to another bill, according to the Associated Press.

Schwartz: VLTs Hinge on Agreement With Horsemen

The New York Racing Association cannot proceed with its video lottery terminal program unless it strikes a deal with its horsemen to reduce the revenue-sharing for purses in the later years of the program, NYRA chairman Barry Schwartz said.

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