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.
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.
The Kentucky racetrack, which will offer live racing five days in September, released a condition book that shows more stakes and hefty overnight purses, including $90,000 for 2-year-old maiden special weight events.
A New Jersey lawmaker has introduced a bill to authorize historical race wagering, also called Instant Racing, at racetracks, off-track wagering facilities, and casinos in the state.
In a surprise announcement June 10, Portland Meadows said it will have live racing from July 21 through Jan. 26, 2014. The track recently was approved to install historical racing machines.
The Oregon Senate May 23 passed legislation authorizing Portland Meadows to install historical racing machines. The measure now goes to the governor for his consideration.
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.
The Kentucky Quarter Horse Racing Association has thrown its support behind Keeneland's plan to jointly purchase an eastern Kentucky harness track license and build a Quarter Horse racetrack.
The Kentucky Senate Feb. 28 refused to accept a funding measure that would have shifted most revenue from historical race wagering to retirement programs at the expense of the horse industry.
The Kentucky House Feb. 27 passed legislation that in part would take revenue from historical race wagering to fund pensions for state workers, but one lawmaker questioned the bill's impact on the horse industry.
Wyoming became the second state to enact wagering on historical races via legislative action and the signature of the governor Feb. 27.
A Kentucky lawmaker said a General Assembly vote on a constitutional amendment on casino gambling hinges on several factors, none of which appear to be in place during the current legislative session.
Keeneland officials said they view their plan to build a Quarter Horse racetrack and entertainment center in southeastern Kentucky as part of an overall effort to improve the economics of the horse industry.
Keeneland is negotiating the purchase of the Thunder Ridge harness track in Prestonburg, Ky., in partnership with a Nevada-based casino company.
The Oregon horse racing and breeding industry is making a push for historical race wagering at Portland Meadows, which last year raced in the summer and fall with mixed results.
Wagering on historical races in Kentucky generated more than $3.8 million for purses and the state Thoroughbred Development Fund from September 2011 through December 2012.
A bill that would have allowed more gambling at Michigan race tracks has died without Gov. Rick Snyder's signature.
The Kentucky Supreme Court voted Jan. 11 to take up the issue of Instant Racing at the state's racetracks.
The Michigan Senate early in the morning of Dec. 14 passed legislation authorizing wagering on historical races, commonly known as Instant Racing, and sent the bill to Gov. Rick Snyder for his signature.
Cutting the number of Thoroughbred race dates in Ontario and reducing purses are some of the recommendations put forth by the government commissioned Horse Racing Transition Panel in a final report released Oct. 30.
Paul Szeflinski has been named director of gaming technical maintenance at Oaklawn Park, succeeding Bruce Jones, who was recently promoted to assistant director of gaming.
Kentucky Downs ended its most successful live race meet Sept. 19 in Franklin, establishing new benchmarks for on-track and all sources handle while hosting some of the highest quality racing the track has seen.
- By Ron Mitchell
Kentucky Downs president Corey Johnsen discusses 2012 meet, historical racing. Watch Video
That Turfway Park is struggling to fill live racing programs for its 16-day meet is no surprise to horsemen, who believe a "perfect storm" developed in September.
Kentucky Downs saw a significant increase in wagering as its brief meet got underway Sept. 8 in Franklin, Ky.
Despite a closing Labor Day weekend that saw the aftermath of Hurricane Isaac inundate western Kentucky with a deluge of rain, Ellis Park concluded its 29-day meet with increases in attendance and handle.
Instant Racing is set to expand in Kentucky Aug. 31 when 177 of the electronic machines will begin operation at Ellis Park in Henderson.
Churchill Downs Inc. has invested at least an additional $1 million in Kentucky Downs, the track in South Central Kentucky that has reaped millions in revenues from Instant Racing machines introduced last fall.
As a result of revenues generated by Instant Racing, Kentucky Downs will offer record purses during the six-day, all-turf meet that begins Sept. 8.
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.
When Kentucky Downs conducts its short, all-turf meet in September, it will offer some of the most lucrative purses in the Bluegrass State this year, thanks to the success of Instant Racing.
The owner of Ellis Park said June 27 he is hoping to have Instant Racing implemented before the track's summer meet ends on Labor Day. The 29-day meet at the Henderson, Ky., track begins July 4.
The Kentucky Court of Appeals has remanded the Instant Racing case to Franklin County Circuit Court after vacating that court's findings.
More than $81.95 million was bet through Instant Racing machines at Kentucky Downs from Sept. 1, 2011, through April 30, 2012, according to the latest figures from the Kentucky Horse Racing Commission.
The Kentucky Court of Appeals is expected to issue an opinion on the challenge to Instant Racing machines in four to six weeks, one of three judges said April 25 after hearing oral arguments on the issue.
In a move that could lead to similar ventures in the future, Keeneland Association has been approved to set up a drive-through betting window at the Kentucky Horse Park for this year's Kentucky Derby and Oaks.
With an appeals court planning to hear arguments later this month on the legality of Instant Racing, the electronic form of gaming continues to generate significant revenues for Kentucky Downs and the state's horse industry.
"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.
When the equine medical director for Kentucky gave her monthly report at the March 14 meeting, it showed only one fatality since Dec. 1 at Turfway Park, the only track in the state conducting live racing during the period.
In yet another sign of trouble for the Kentucky horse racing industry, Turfway Park said it will slash overnight purses 25% effective March 3 because of an overpayment coupled with lower pari-mutuel handle.
With wagering on Instant Racing growing each month, Kentucky Downs racetrack has received approval to add 75 more electronic games to the 200 that have been in use since Sept. 1.
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