Pinnacle Entertainment, which owns Belterra Park in Ohio and more than 10 other casinos in the United States, has confirmed it has received a proposal from Gaming and Leisure Properties to acquire its real estate assets.
The Ohio Thoroughbred Racing Fund, now fully supported by revenue from racetrack video lottery terminals, will almost double to more than $5 million in 2015.
Seven Ohio racetracks have been approved for a total of 770 live racing days in 2015. During its October meeting, the Ohio State Racing Commission signed off on a schedule that offers 293 days of Thoroughbred racing.
Photos from Keeneland, Belmont Park, Woodbine, Belterra Park, Parx and more! view slideshow
First-time starter Blazing Charcoal was all out in the stretch for a head victory as the even-money favorite in the first race at Belterra Park Oct. 12 to become the first winner for Ohio-based freshman sire Mr. Silver.
M. Y. Stables' homebred Plain Ol' Willard, already a winner of more than $150,000, padded his bankroll in a big way with a come-from-behind upset win in the $150,000 Best of Ohio Endurance Stakes Oct. 11 at Belterra Park.
Ohio's three Thoroughbred racetracks have applied for a combined 293 racing days for 2015. There would be no overlap between ThistleDown Racino and Mahoning Valley Race Course, which are located not that far apart.
Belterra Park, which opened for gaming and Thoroughbred racing in May, plans to reduce overnight purses by about 20% according to its next condition book effective Aug. 30.
Multiple grade II winner Justenuffhumor was represented by his first winner Aug. 21 when Janet Reeder's homebred Humoresque won the third race at Belterra Park.
Two white Thoroughbreds will square off in an allowance race at Belterra Park. the former River Downs, in Ohio May 30.
Pimlico, Santa Anita, Belterra Park, Canterbury, Will Rogers Downs, Prairie Meaadows view slideshow
Palace Malice, Mikki Isle, Five Iron, opening weekend at Belterra Park and more! view slideshow
Belterra Park Gaming & Entertainment Center, the former River Downs, began its first race meet May 8 with official ceremonies and about 3,000 racing fans on hand on a summer-like afternoon.
Belterra Park received its meet approvals from the Ohio State Racing Commission April 29 and is on schedule to begin its 2014 meet May 8.
Growth and new revenue for the Ohio Thoroughbred industry has led to projected increases in breeders' awards and an expanded state-bred stakes schedule for 2014.
Time is running out for Ohio racetracks and horsemen's groups to agree on the percentage of video lottery terminal revenue that will go to purses and breed development programs.
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