Oaklawn Park is projecting average daily purse distribution of $475,000, a 12% increase over 2015, for the meet that begins Jan. 15, 2016.
Despite the threat of losing funding from the state, the Texas Racing Commission left in tact the regulations adopted earlier to establish historical race wagering.
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.
The Texas Thoroughbred Association has asked racing regulators to drop efforts to repeal rules they adopted last year to govern historical race wagering at tracks in the state.
A Kentucky judge has denied motion to have historical race wagering machines brought to the courtroom for a demonstration. A trial has been set for next September, more than a year from now.
Kentucky Downs recorded $8,425,830 in pari-mutuel handle on its historical race wagering machines from June 29 to July 5 to set an all-time weekly record, the western Kentucky track said July 7.
Kentucky Downs' decision to change its historical racing provider to Encore this year, and end its agreement with RaceTech, continues to be contested by the latter in court.
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.
Keeneland announced May 6 it will move its year-round simulcast wagering operations to The Red Mile, the historic Standardbred track in Lexington, beginning July 15.
Ellis Park and RaceTech have extended their existing licensing agreement for historical racing games at the Henderson, Ky., racetrack. The new agreement runs through Dec. 31, 2016.
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.
In April Kentucky Downs plans to change its current historical racing machines, currently the Cella family's Instant Racing games, to a new player in the market called Encore Gaming.
Portland Meadows concluded its 2014-15 meet Feb. 10 with increases in overall and in-state handle during the 36-day stand, and a slight decrease in purses.
A Florida-based company said Feb. 12 it will enter the historical race wagering market as a systems, platform, tote, and game provider.
The Kentucky Thoroughbred industry is more than holding its own despite national declines and the absence of alternative revenue sources available in other states, officials said Feb. 3 at the CBA symposium.
The departure of the executive director of the Kentucky Equine Education Project is apparently related to changes in staffing and expenditures as it refocuses its efforts away from trying to get legalized casino gambling.
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.
Historical race wagering at two Kentucky racetracks registered healthy increases in October versus the same month in 2013, according to statistics released by the Kentucky Horse Racing Commission.
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.
Keeneland and The Red Mile, a Lexington harness track, have officially agreed to consolidate historical racing machines in one facility that will be built at The Red Mile.
While it will need regulatory approval, track officials said Tuesday, Oct. 15, an agreement is largely in place for Keeneland to purchase the current Standardbred track Thunder Ridge.
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.
A coalition representing racing and breeding interests in Texas has retained an attorney to assist in the continued push for historical race wagering, an electronic form of wagering based on previously run horse races.
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 Oaklawn Jockey Club has announced it is projecting a record purse distribution of $23.5 million for its 2015 racing season, the seventh consecutive year of increased purses.
The Texas Racing Commission has indicated it won't address historical race wagering at its Aug. 12 meeting because it needs more time to study it.
Advance deposit wagering and historical race wagering are on the West Virginia Racing Commission's legislative wish list for 2015.
Keeneland Association is apparently delaying its plans to offer historical racing at a new 40,000-square foot facility that was scheduled to open in July 2015.
The Kentucky Horse Racing Commission has approved a plan to distribute an additional $1 million in purse money from the Kentucky Thoroughbred Development Fund in 2014 and 2015.
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.
The Texas Racing Commission has approved the publication for public comment the proposed rules for historical race wagering, also known as Instant Racing, at tracks in that state that conduct live racing.
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.
Keeneland plans to offer historical racing at a new 40,000-square foot facility to be built on the property and scheduled to open in July 2015. The new Keeneland Event Center will offer 600 Instant Racing games.
The number of historical race gaming machines in operation at Kentucky racetracks would increase substantially if the Kentucky Horse Racing Commission approves requests from Keeneland Racecourse and The Red Mile.
The Kentucky General Assembly early March 30 signed off on a $20 billion state budget that includes revenue components for the horse racing and breeding industry, including tax rates for Instant Racing and ADW.
Two Lexington racetracks are expected to apply for licenses to operate historical race wagering machines when the Kentucky Horse Racing Commission meets April 2.
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
If the monthly average holds, total wagering on historical races in Kentucky will top $600 million by the end of February. The devices have been operating in the state for 29 months.
The Kentucky Supreme Court has ruled the state's horse racing commission has the statutory authority to allow wagering on historical racing, but questions about taxation will require further action in circuit court.
Instant Racing may not be ideal, but it may be all Kentucky gets.
- By Tom LaMarra
More musings on the horse racing industry, and some unanswered questions. read blog
A New Jersey Senate committee Dec. 9 approved legislation that would authorize historical race wagering, also known as Instant Racing, at the state's racetracks, off-track wagering parlors, and casino race books.
Wyoming Downs has selected KB3 Marketing as its partner to offer Historic Horse Race wagering at multiple locations throughout the state.
Kentucky Downs opened its 21st season of live racing Sept. 7 by shattering the single-day wagering record as $2,837,897 was wagered on Saturday's 10-race card.
Compared with 2012, average all-sources handle declined 17% at the recently completed Ellis Park summer meet, a decrease the track attributes to new competition and fewer off-track outlets in the state.
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.
Purse increases to 19 of 31 stakes races and the creation of a Racing Festival of the South Preview Day are among the highlights of Oaklawn's 2014 stakes schedule.
Most Popular Stories
- American Pharoah Takes Easy Gallop at Spa
- Belmont Winner Palace Malice Retired
- NBC Schedules Two-Hour Travers Broadcast
- OBS Yearling Sale Stays Steady on Final Day
- Travers Stakes: High Anxiety
- Violette Undecided on Travers for Upstart
- Illinois Vote Could Impact Thoroughbred Dates
- American Pharoah Draws Post 2 for Travers
- Making a Case for Transparency
- Stellar Wind Tops Torrey Pines Field