Keyword: budget

  • NY Senate Budget Addresses Racing Issues

    The New York State Senate budget resolution for fiscal 2016-17 includes a few recommendations for protecting revenue for the horse racing industry given impending competition from full-scale casinos.

  • Aqueduct Racetrack

    Plan Would Cut Six Aqueduct Race Dates

    The New York Racing Association board of directors will be asked Dec. 3 to approve a 2015 budget that cuts the number of racing days at Aqueduct Racetrack by a total of six days during the track's winter and fall meets.

  • PA Group: End Diversion of Slots Revenue

    A percentage of horsemen's revenue from slot machines in Pennsylvania will continue to go to the state's general fund and other programs under the fiscal year 2013-14 unveiled Feb. 7 by Gov. Tom Corbett.

  • Flashy Ways on the right

    BC-Bound Flashy Ways has Teenage Breeder

    When Chad Reed's parents gave him a $5,000 budget to pick out a mare at the 2009 Keeneland November mixed sale at age 12, he never dreamed it would eventually result in a Breeders' Cup starter.

  • Ontario OKs Budget, Ends Racetrack Slots

    The Ontario government April 24 passed a 2012 provincial budget that ends the slots-at-racetracks program operated by the Ontario Lottery and Gaming Corp in March 2013.

  • Ontario Racing Lobbying in Advance of Vote

    The future of the Ontario horse racing industry could be placed in serious peril April 24, when a vote on the 2012 Ontario provincial budget is scheduled.

  • NTRA Relying Less on Membership Dues

    The National Thoroughbred Racing Association has adopted a $9.1 million budget for 2011 that relies less on dues from members and more on revenue from other programs.

  • Kentucky Gov. Steve Beshear

    Beshear Budget Calls for Racetrack Gaming

    Democratic Kentucky Gov. Steve Beshear called the state legislature's bluff Jan. 19 by presenting a two-year budget that relies on more than $700 million in revenue from gaming machines at racetracks.

  • California Racing Gets Aid From State

    Legislation linked to the long-delayed approval of the California state budget Feb. 20 could mean up to an additional $32 million a year for the state's beleaguered horse racing industry.

  • Michigan Budget Crisis Could Halt Horse Racing

    Michigan's horseracing industry, already reeling from decreases in revenue and the possible closure of Great Lakes Downs after this season, is facing an Oct. 1 shutdown should the state legislature fail to approve a budget.

  • Sign at Monmouth Park informs patrons that the track is closed for live and simulcast racing.

    Jersey Standoff Threatens Major Racing Day

    New Jersey racetracks were closed for live racing and simulcasting Thursday due to a continuing budget standoff in the state capital of Trenton. It was the first live card lost at Monmouth Park and the third at Meadowlands, which offers nighttime harness racing.

  • Kentucky Budget Includes $15M for Horse Industry

    More than $15 million for horse industry-related projects and financial relief is included in the 2006-07 budget approved April 11 by the Kentucky General Assembly. The spending plan now goes to Republican Gov. Ernie Fletcher for consideration.

  • NTRA Revenues: From Red to Black in 2000

    The National Thoroughbred Racing Association in 2000 had $4.81 million in operating revenue over operating expenses, compared with a $1.82 million deficit in operating revenue in 1999. That's a swing of $6.6 million to the positive side of the fiscal ledger.

  • Breeders' Cup Money Continues to Bolster NTRA

    The National Thoroughbred Racing Association is expected to operate in the black for the first time this year, but it continues to rely on the Breeders' Cup for financial assistance. Earlier this year, the Breeders' Cup board approved a $2.5-million expenditure to assist the NTRA.