Having surpassed the $1.1 billion wagering mark and coming off the best month since it was introduced in September 2011, historical racing in Kentucky is poised to soar as it enters the Lexington market.
Encore Racing Based Games, the new company providing historical racing games at Kentucky Downs, says the track's former historical racing provider, RaceTech, is engaged in anti-competitive practices.
Breeders' Cup and RaceTech have announced they are partnering to develop a new historical horse racing game that will make its debut just prior to the Oct. 30-31 Breeders' Cup World Championships at Keeneland.
In a year that has seen total handle on historical racing in Kentucky surpass $1 billion since its September 2011 launch, interest continues to be strong.
The Kentucky Horse Racing Commission on Monday, March 23, approved changes that will allow more flexibility in the use of Kentucky Thoroughbred Development Fund purse money generated by wagering on historical races.
Keeneland has moved closer toward launching historical race wagering both in Lexington with harness track partner The Red Mile and on a planned new Quarter Horse track in the Corbin, Ky. area.
A Circuit Court judge said Nov. 3 he would issue a ruling within two to three weeks on a motion seeking a trial date and other deadlines in connection with a lawsuit challenging the legality of historical racing in Kentucky.
The Texas Racing Commission must prevail in a Nov. 10 hearing before it can begin accepting applications by racetracks to offer Instant Racing machines. The December meeting is the soonest applications could be accepted.
The Texas Racing Commission Aug. 29 approved a plan to allow historical racing at horse and dog tracks statewide, despite pending legal action, reports the Fort Worth Star-Telegram.
The 2014 Kentucky Downs September meet will feature record purses in excess of $1 million per card for each of its five days. The Franklin, Ky., track will open Saturday, Sept. 6.
Since putting a new marketing plan in place for its Instant Racing games, Ellis Park has seen improvement in the business. The Kentucky track registered record monthly handle for the games at $3,024,776 in May.
Executives with Churchill Downs Inc. said Feb. 27 they are still actively pursuing casino gaming legislation and that their efforts are getting a boost from social media.
Ellis Park in Henderson, Ky., is seeking to make changes in its historical racing operations, including removal of 50 terminals that will be sent to Kentucky Downs in Franklin.
Instant Racing may have been the way to go all along. read blog
Fueled by large fields attracted to the track's hefty purses, the five-day all-turf meet at Kentucky Downs ended Sept. 25 with record pari-mutuel handle for the day and the meet.
Proponents and opponents of historical race wagering expressed optimism that their respective sides will prevail following a lengthy hearing before the Kentucky Supreme Court Aug. 21.
Despite concerns voiced by one member, the Kentucky Horse Racing Commission has approved an additional 40 historical race wagering machines and additional types of games and wagers at Kentucky Downs.
A bill that would have allowed more gambling at Michigan race tracks has died without Gov. Rick Snyder's signature.
- By Ron Mitchell
Kentucky Downs president Corey Johnsen discusses 2012 meet, historical racing. Watch Video
The Kentucky Horse Racing Commission and other supporters of Instant Racing have requested that a lawsuit challenging the legality of the machines be heard by the state Supreme Court rather than going back to a lower court.
"Historical racing," a form of electronic gaming based upon results of previously run races, has been approved by Nebraska lawmakers and sent to Gov. Dave Heineman.
Instant Racing at Kentucky Downs produced more than $19.52 million in wagers in its first three months of operation, according to figures from the Kentucky Horse Racing Commission.
The chairman of Churchill Downs Inc. said July 28 that the racetrack and gaming company may not proceed with installation of Instant Racing machines even after pending litigation is finalized, likely some time in 2012.
The staff of the Kentucky Horse Racing Commission is recommending that the regulatory body on July 14 grant approval to Kentucky Downs to become the first track in the state to implement Instant Racing.
It appears Kentucky Downs will be the first racetrack in the state to apply to the Kentucky Horse Racing Commission for an Instant Racing license.
An attorney for the Kentucky Horse Racing Commission said it is possible the state's racetracks could be approved to offer a form of "Instant Racing" before the state's Court of Appeals rules on its legality.
The Virginia Senate has again approved legislation authorizing Instant Racing--wagering on historical races--but the bill's reception in the House remains uncertain.
As expected, the Family Foundation of Kentucky has appealed a circuit court ruling that wagering on previously-run races via electronic devices is legal in the state.
A Kentucky circuit court judge has ruled draft regulations for Instant Racing "are a valid and lawful exercise" of the Kentucky Horse Racing Commission's statutory authority.
For the first time in several years, horsemen and management at Turfway Park are at odds over terms of a contract that would be in effect for the holiday meet that begins Dec. 2 and runs through Dec. 31.
Churchill Downs has not decided whether to implement a form of Instant Racing should the VLT-like games be approved for Kentucky tracks, according to Churchill Downs Inc. president and CEO Robert Evans.
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