Instant Racing

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Colorado Horse Groups Make Case for Bill

Horsemen from all parts of Colorado rallied at the state capitol Jan. 20 to support efforts by the horse industry to pass legislation designed to revitalize the economics of the industry in Colorado through advance deposit wagering and Instant Racing.

Instant Racing Called Quick Fix for Ohio

A study released by Ohio State Racing Commission offers a short-term action plan and a long-term strategy for the struggling horseracing industry in the Buckeye State, but one racetrack official said the quickest fix lies with the pen of Gov. Ted Strickland.

Slots for Calif. Tracks Possible?

Slots for Calif. Tracks Possible?

A California state senator says he expects to see tribal casinos develop an ownership stake in racetracks, leading to the potential for wagering devices such as Instant Racing or slot machines at racing facilities.

State High Court Upholds Oaklawn Park Gaming Devices

Oaklawn Park officials have no immediate plans to expand the racetrack's gambling-machine offerings, but they said a Sept. 27 ruling by the Arkansas Supreme Court to uphold a law that permitted electronic gaming devices at the track is a major step forward.

Instant Racing Bid Alive, But 'Not Healthy'

A bid by Ohio racetracks to win approval for Instant Racing machines, which resemble video lottery terminals but are pari-mutuel in nature, is said to still have some life left despite an announcement by Gov. Ted Strickland that he would veto the measure.

Instant Racing Tabled in Virginia

A bill that would allow Instant Racing as a means of funding for transportation and purses in Virginia is on the also-eligible's list hoping to make the field. Members of the Virginia House Committee on General Laws tabled the bill by voice vote Feb. 15. The bill could be brought back up in committee prior to Feb. 20. Virginia's General Assembly session ends Feb 24.

Instant Racing Bill Re-Introduced in Virginia

Old races may provide new funds to maintain Virginia roads should lawmakers pass a bill that has been re-introduced in the General Assembly. A similar bill that had been submitted during the General Assembly's special transportation session last September was passed over.

Expansion of Gaming Closer for Oaklawn Park

Expansion of gambling at Oaklawn Park in Hot Springs, Ark., moved one step closer to reality after the Arkansas State Racing Commission approved rules and regulations for electronic games of skill at its Aug. 1 meeting in Little Rock.

California Industry Backs 'Instant Racing' Bill

The California horseracing industry has thrown its weight behind "Instant Racing" video games in the drive to offset declining economic fortunes, but a representative of the state's major casino tribes say it's nothing more than a smokescreen to breakĀ theĀ Indians' monopoly and give the tracks slot machines.

Oaklawn Park Meet Posts Record Handle

Highlighted by a record 72,464 on hand for Lawyer Ron's victory in the closing-day Arkansas Derby (gr. II), the 2006 meet at Oaklawn Park posted record wagering during its 53-day meet. The meet was originally scheduled for 56 days, but racing was canceled on three days of the Presidents' Day holiday weekend due to adverse weather conditions.

Instant Racing Has First One-Day $1M Handle

Instant Racing--pari-mutuel wagering machines that closely resemble video lottery terminals--had its first $1-million day in handle Feb. 21 at Oaklawn Park. Instant Racing, a product of RaceTech, first began operating at the Hot Springs, Ark., racetrack in 2000.

Instant Racing Handle Nears $100M Mark

RaceTech, the company behind Instant Racing, expects to top the $100-million mark in total handle sometime this year. Instant Racing--basically pari-mutuel video lottery terminals--went online early in 2000 at Oaklawn Park and Southland Greyhound Park in Arkansas.

Measure Would Authorize Betting Hubs in Kentucky

Legislation to authorize wagering hubs in Kentucky was introduced in the state Senate in early March and is moving through the legislative process as an amendment to a bill that would permit artificially inseminated horses to race in Kentucky. A hub measure was introduced in 2002 but it failed to garner support.

Magna Broadens Its Base With Piece of AmTote

Less than a week after the National Thoroughbred Racing Association released a report that recommended upgrades in wagering technology and a streamlining of tote systems in the United States, Magna Entertainment Corp. acquired a 30% equity and voting interest in AmTote International for $3.82 million.

Instant Racing Gets OK for Use at Wyoming Facilities

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Instant Racing, launched in Arkansas three years ago, was approved for use at pari-mutuel facilities by the Wyoming Racing Commission July 11. The devices, which resemble video lottery terminals but are linked to pari-mutuel pools, will first be installed at an off-track betting parlor operated by Wyoming Downs.

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