Track president Bill Fasy said Delaware Park continues to make money, but when it comes to long-term things like capital improvements, the racetrack gaming industry in the state needs some assistance.
The owner of an East St. Louis, Ill., casino plans to purchase nearby Fairmount Park provided Illinois lawmakers agree to allow a gambling expansion that would bring slot machines to the state's five racetracks.
Atlantic City's monopoly on casino gambling began to crumble June 1 as lawmakers introduced a bill that would let voters decide whether to allow three new casinos in northern New Jersey.
The New Hampshire House of Representatives, which has defeated every casino gambling bill brought to the floor over the past few decades, held true to form April 29 and voted down legislation to allow two casinos.
Legislation designed to encourage Atlantic City casinos to offer full-card simulcasts -- or at least protect them at the one casino that still offers wagering on horse races -- was signed into law April 27.
Groups seeking to block a Finger Lakes-area casino in upstate New York have been formally joined by a politically powerful and financially deep-pocketed ally: the Oneida Indian Nation.
Revenue for state government from the nation's pari-mutuel industry dropped 3.5% in 2014 from a year earlier, according to a new report by a university system think tank.
Both houses of the West Virginia legislature have adopted a resolution forming a select committee that will undertake a "comprehensive study" of the state's racing and gaming industries and report its findings in 2016.
New York regulators March 23 said they want to hold a forum to consider the future use of anti-bleeding medication furosemide in the state.
The owner of Finger Lakes Gaming & Racetrack in upstate New York is asking a state judge to halt the awarding of a license for a new commercial casino located just 25 miles away from the 1960s-era racetrack.
A New York casino panel has approved another round of bids for a gaming facility in the Southern Tier region of the state located near Binghamton and just across from the Pennsylvania border.
A New York panel has begun anew the process for awarding a commercial casino license in the state's Southern Tier region after the urging of Gov. Andrew Cuomo.
Two Chicago-area harness tracks with the same ownership voluntarily filed for bankruptcy protection Dec. 24 "to ensure continued operations," officials said.
A white paper prepared by the Rutgers Equine Science Center released Nov. 7 shows a continued loss of ground for the New Jersey horse racing industry and calls for a partnership between racing and casinos.
Genting Americas is using its casino anniversary at Aqueduct Racetrack Oct. 28 as part of a well-timed message to proclaim how valuable it has been to New York State government.
The Massachusetts Thoroughbred racing and breeding industry was dealt a devastating blow when the Massachusetts Gaming Commission decided to award the sole Boston-area casino license to Wynn Resorts.
New Jersey Gov. Chris Christie issued a directive Sept. 8 allowing casinos and racetracks in the state to offer sports betting without fear of criminal or civil liability.
Iowa Gov. Terry Branstad May 31 signed into law a bill that will allow casinos to buy out dog racing, but there could be legislation in 2015 to hammer out simulcast revenue splits for Thoroughbred and Quarter Horse racing.
Gaming and Leisure Properties, a real estate investment trust spinoff of Penn National Gaming Inc., said May 14 it has an agreement to purchase The Meadows Racetrack and Casino in western Pennsylvania for $465 million.
The New Hampshire House of Representatives said no dice to casino gambling again May 7, handing supporters their third defeat in two months and dashing hopes that live Thoroughbred racing might return to Rockingham Park.
As Suffolk Downs prepares to open its 2014 meet May 3, a heavy cloud of uncertainty about the future of live racing hangs over the sole surviving Thoroughbred racetrack in New England.
Churchill Downs Inc., which spent $600,000 in the first quarter of this year on another failed bid for casino gambling in Kentucky, believes the next opportunity to makes its case will come in 2016.
Prairie Meadows Racetrack & Casino is opposing a proposed casino in Jefferson, Iowa, that it estimates would reduce its gaming revenue by nearly $13 million.
Indiana Downs, which will begin its lengthy live Thoroughbred racing season May 6, has a new name to coincide with its casino offerings.
A proposed constitutional amendment that would give the Kentucky General Assembly the power to authorize any and all forms of gambling has met with opposition from the Kentucky Equine Education Project.
Canterbury Park is making headway with its plan to expand full-card simulcasts of Thoroughbred and Quarter Horse racing to tribal casinos in Minnesota.
A proposed ballot measure to let Kentucky voters decide whether to legalize casino gambling hasn't garnered enough support yet to gain state Senate passage, a key Republican legislator said Feb. 10.
Total on-site pari-mutuel wagering at Delaware Park in 2013 totaled $149.2 million, down 4.1% from $155.5 million in 2012, according to the annual report released Feb. 6 by the Delaware Thoroughbred Racing Commission.
- By Tom LaMarra
Penn National Gaming Inc. officials said Feb. 6 they don't believe a roughly $100 million decline in net revenue is associated with customers opting for other forms of gambling or entertainment.
The Florida Thoroughbred and Quarter Horse industries Feb. 3 renewed their request for the Florida legislature to clarify state laws on the definition of a horse race and released a study on breeding and racing's impact.
A Pennsylvania lawmaker's proposal to gut the Race Horse Development Fund supported by revenue from slot machines generated a strong response from the Pennsylvania Equine Coalition.
The head of Mohegan Sun said Jan. 22 live Thoroughbred racing will be preserved at Suffolk Downs should the gaming giant prove successful in winning the sole destination resort casino designated for the Boston area.
Casinos at five racetracks in Kentucky would generate about $86 million a year for the horse industry, a sponsor of expanded gambling legislation told the House Licensing and Occupations Committee Jan. 15.
An agenda for the Jan. 15 New Jersey Racing Commission meeting lists the following item for discussion and information: a shutdown of four Atlantic City casino race books.
Suffolk Downs said Jan. 9 it is committed to live racing should its new partner, Mohegan Sun, win the license to build a casino on track property.
Kentucky Gov. Steve Beshear Jan. 7 again said the state needs sources of new revenue, one of which is casino gambling.
Mohegan Sun and Revere, Mass., said Dec. 23 they have reached a host community agreement that would guarantee the city between $25 million and $30 million in revenue per year from a proposed casino at Suffolk Downs.
MGM Resorts International has won a three-way race for a license to build a resort casino in Prince George's County, Md., just south of Washington, D.C. And the future of a racetrack remains up in the air.
Suffolk Downs remained in the running for a casino license with the Nov. 27 announcement it has reached an agreement with Mohegan Sun, which operates gaming facilities in Connecticut, New Jersey, and Pennsylvania.
Though New Jersey Thoroughbred racing has a long way to go from a financial perspective, some racetrack operators and horsemen's representatives appear bullish on the future.
Suffolk Downs was granted a racing license Nov. 14 for 2014 based on its intent to offer live Thoroughbred racing.
Suffolk Downs received a recommendation that its request for 100 days of racing be approved for 2014, but a track official said there are "variables" that could complicate matters.
New York voters Nov. 5 authorized the state to license up to seven new commercial casinos, the biggest casino gambling expansion in state history.
Suffolk Downs hasn't abandoned its pursuit of a resort casino even though East Boston voters rejected the plan by a hefty margin in a Nov. 5 referendum.
Pro-casino forces raised in excess of $3.5 million the last four weeks to finance television ads and mailings trying to convince New York voters to approve a large expansion of gambling facilities in the state.
The Massachusetts Gaming Commission Oct. 29 ruled Suffolk Downs suitable to pursue a license for a destination resort casino.
Suffolk Downs Oct. 24 released details of a $40 million "racing improvement plan" tied to its bid for a destination casino license. Officials held a press conference at Indian Rock Stables, a Thoroughbred breeding farm.
Just days after asking its casino partner to resign in the wake of an investigation by the Massachusetts Gaming Commission, Suffolk Downs said it will unveil a $40 million "racing improvement plan" at a local horse farm.
Penn National Gaming Inc., which is seeking a license to build a resort casino in Maryland, has taken the bold step of announcing it will share its profits with the community in Prince George's County.
Just three weeks before critical local referendums on casino gambling at Suffolk Downs, the racetrack asked partner Caesars Entertainment to resign from the proposed destination resort casino development.
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