Keyword: casino

  • NY Officials Discuss Aqueduct Casino Operator

    Top state officials in New York are still discussing options for an operator of the long-delayed Aqueduct racetrack casino, but negotiators appear split on whether a final announcement needs to be a part of talks now underway to resolve the state's deficit.

  • Aqueduct Casino Said Down to Final Three

    Negotiations for an Aqueduct casino operator have stepped up again, with a new flurry of talks between Gov. David Paterson and legislative leaders occurring in advance of a return by the state legislature the week of Nov. 16 to deal with New York's soaring deficit.

  • Ken Ramsey

    KY Owners, Trainers React to VLT Bill Failure

    In the aftermath of the failed passage of the legislation that would have allowed video lottery terminals at Kentucky racetracks, several Thoroughbred industry members voiced their opinions on how they will survive without the extra boost to the state's purse structure and breeders' incentive programs.

  • From left to right: Calder Race Course Vice President and General Manager of Racing John Marshall, Churchill Downs Incorporated Chief Operating Officer Bill Carstanjen, and Calder President and General Manager Tom O'Donnell officially break ground of the

    Casino on the Horizon at Calder

    The number 35 was on almost everyone's lips on June 3 when Calder Race Course broke ground for a casino it plans to open next January on its property in Miami Gardens, Fla.

  • Racinos Defied 2008's Declining Gaming Trend

    Even though overall United States casino revenues dropped for the first time this decade, domestic racinos registered double-digit percentage growth in 2008, according to a report issued May 18 by the American Gaming Association.

  • Seven Bids Submitted For Aqueduct Casino

    Trying one more time, the state of New York accepted seven new bids - from major casino operators to real estate and racing interests -- to develop a casino at Aqueduct racetrack, an authority first approved for the facility back in 2001.

  • Deadline Approaches on Florida Gaming Issues

    The Florida Legislature will end its annual regular session May 1, and as of April 28 the House and Senate had not resolved major gaming issues including whether the Seminole Tribe of Florida should be able to keep blackjack and baccarat tables at its casinos.

  • NY Officials Scramble for Aqueduct Bids

    As state officials in New York scrambled to re-group following the collapse of the Delaware North plan to build a casino at Aqueduct racetrack, at least one of the former bidding groups said it would be interested in making a new bid on the long-stalled project.

  • Illinois Gov. Rod Blagojevich

    Tracks Could Lose Revenue in Fed Inquiry

    A federal affidavit alleges that Illinois Gov. Rod Blagojevich pressured horse racing leaders for campaign contributions in exchange for supporting a bill, passed this month, that requires four of the state's highest-grossing riverboat casinos to share revenue with the Thoroughbred and harness racetracks.

  • Hawthorne Loses Bid for Casino

    Hawthorne Race Course has lost its bid to build and operate Illinois' 10th riverboat casino, with three other potential sites making the final cut.

  • Aqueduct Casino Project Finally Approved

    New York state officials finally gave Delaware North approval to build and operate a video lottery casino at Aqueduct. The racetrack will house New York City's only legal casino, which could generate tens of millions for purses and breeders' awards.

  • Order Sought to Halt 'Compact' Gaming

    Florida Attorney General Bill McCollum on Sept. 19 asked the National Indian Gaming Commission to issue a temporary order to shut down the blackjack and baccarat tables and Class III Las Vegas-style slot machines at the Seminole Hard Rock Hotel & Casino in Hollywood, Fla.

  • Aqueduct

    Aqueduct Casino Project Moves Forward

    The three bidders vying for lucrative rights to develop a casino at Aqueduct racetrack in New York have all passed a critical background check by the state, Governor David Paterson said July 20.

  • CDI president Robert L. Evans

    CDI: 2007 Challenges, 2008 Opportunities

    Churchill Downs Inc. is asking for patience in seeing financial rewards from what it termed an $80 million investment into the advance deposit wagering industry in 2007, and promises to act on opportunities for the company's progress in 2008.

  • Ellis Park

    Ellis Park Owner Vows to Battle On

    Ron Geary said he is facing a myriad of economic pressures in making Ellis Park a viable operation, but the owner of the Henderson, Ky., racetrack vows to fight the challenges with every resource before he considers closing the facility.

  • Beshear and Fletcher Continue Kentucky Casino Debate

    The topic of casino gaming that made for a heated Kentucky gubernatorial primary has continued to be the main force dividing Democratic candidate Steve Beshear and Republican Gov. Ernie Fletcher as they look toward the general election in November.

  • Suffolk Downs Throws its Hat into Bidding Process for Casino

    On Monday, Massachusetts' Governor Deval Patrick announced plans for the state to begin considering private bids for three casinos, to be strategically located in Southeastern Massachusetts, Western Massachusetts, and an area which would include Boston and points north.

  • Steve Beshear

    Pro-Casino Beshear Speaks at Horse Industry Fundraiser

    Kentucky Democratic gubernatorial candidate Steve Beshear, speaking before an enthusiastic group of horse owners and breeders Sept. 6, said he will not only work to get a casino measure passed by the state legislature but should that happen, will travel the state to promote passage of the measure.

  • Kentucky Lt. Gov. Steve Pence

    Pence Reaffirms Governor's Anti-Casino Position in Kentucky

    With three months to go before the 2006 Kentucky General Assembly convenes in Frankfort, Lt. Gov. Steve Pence told a group of lawmakers and lobbyists Sept. 27 not to expect Republican Gov. Ernie Fletcher and his administration to be out in front on the casino gambling issue.

  • New York Gov. George Pataki, favors five Vegas-style casinos.

    VLT Legislation Introduced in New York

    Legislation has been introduced in New York to sweeten the pot for racetracks operating video lottery terminals, and to encourage the New York Racing Association's VLT partner to begin construction of a new casino at Aqueduct.

  • Kentucky Notebook: State Legislature Gets Another Chance

    <i>by Steve Moody</i> - While the gap between Indiana racing and Kentucky racing is still distinct when you're talking about Keeneland and Churchill Downs, the gap has narrowed significantly with respect to Turfway and Ellis Park.

  • Public Perception

    <i>By Bob Summers</i> -- The racing industry might learn something from what I overheard recently at an off-track betting parlor in Niagara Falls, N.Y.

  • Harrah's Top Bidder in Fight for Final Illinois Casino License

    An auction between three companies seeking to buy Illinois' tenth casino license, which would provide 15% of adjusted gross revenue to the horse industry, closed Thursday with Harrah's Entertainment the highest bidder. A final decision on who gets the license will be made by the Illinois Gaming Board Monday.

  • Penn National Submits Bid for Casino

    Penn National Gaming has submitted a bid to finance and construct a casino in the Chicago area. Penn National was one of seven companies interested in buying the bankrupt Emerald Casino and one of three companies that expressed interest in building a casino in Rosemont, Ill. Financial details of the bid were not disclosed.

  • Showboat Re-Files Lawsuit Against Penn National

    Showboat Development has reportedly re-filed in Pennsylvania a lawsuit related to the operating rights of slot machines at Charles Town Races. A similar lawsuit filed in Nevada last year was dismissed Jan. 25 because of a lack of jurisdiction.

  • Ray Paulick&lt;br&gt;Editor-in-Chief

    Taking the Fall

    <i>By Ray Paulick</i> -- The expansion of gambling in the U.S., though it may have slowed in recent years, has not run its course.

  • New York Adopts VLT, Casino Legislation

    Officials in New York gave final approval early this morning to a historic gambling package giving most racetracks video lottery terminals, allowing up to six Indian-owned casinos in Western New York and the Catskills and expanding the state's lottery offerings.

  • Penn National Stock Soars on Good News

    Penn National's stock got a huge boost this week from a glowing first quarter earnings report and an announcement that it will soon close a deal involving casinos in Canada and Louisiana.