Churchill Downs Inc. has agreed to purchase an additional interest in Kentucky Downs, the track in Franklin, Ky., that has seen a rise in business since the introduction of Instant Racing in late 2011.
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 president of Ellis Park said Oct. 24 he believes implementation of Instant Racing could attract some of the customers in the area who have been whetting their gambling appetite at a nearby Indiana casino.
Ellis Park in Henderson, Ky., has submitted an application for regulatory approval to conduct Instant Racing, stipulating that it would use more than 13,200 square feet of its facility to house 252 gaming terminals.
With Instant Racing off to a successful start at Kentucky Downs, other tracks in the Bluegrass state are making plans to usher in the form of electronic gaming.
A public policy group's request to halt Instant Racing at Kentucky Downs was denied by the Kentucky Court of Appeals Oct. 5.
The Family Foundation of Kentucky continued its efforts to halt Instant Racing at Kentucky Downs Sept. 21 when it asked state Attorney General Jack Conway to classify the games as illegal slot machines.
Kentucky Downs said the launch of Instant Racing Sept. 1 led to year-over-year increases in pari-mutuel handle on simulcast races over Labor Day weekend.
A Kentucky Court of Appeals judge Sept. 8 denied a request for an emergency injunction that would have idled Instant Racing machines at Kentucky Downs.
Kentucky Downs is reporting receipts of more than a half-million dollars from Instant Racing machines during their first five days of operation.
During Ellis Park's 31-day day race meet July 2-Sept. 5, the Henderson, Ky. track saw declines in all-source handle that were in line with the overall decrease in 2011 U.S. betting on Thoroughbred racing.
The Family Foundation of Kentucky has filed an injunction in the Kentucky Court of Appeals to halt the operation of Instant Racing machines at Kentucky Downs.
Kentucky Downs Sept. 1 officially became the first racetrack in the state to operate expanded pari-mutuel wagering in the form of Instant Racing machines.
Amid the uncertainty of reception in the marketplace and a lingering legal challenge, Kentucky Downs officially christened expanded pari-mutuel wagering via Instant Racing machines during an evening reception Aug. 30.
Kentucky Downs will inaugurate Instant Racing in Kentucky Sept. 1 and believes the form of pari-mutuel wagering can help restore "vibrancy" to the state's horse racing industry.
The president of Kentucky Downs said the track is nearing completion of work needed to implement a form of Instant Racing and that it will be a "first class" operation and that the opening date will be announced soon.
When Kentucky Downs becomes the first Kentucky track to implement Instant Racing, it will do so with the takeout from the electronic games allocated to purses during the first year being used to help defray startup costs.
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.
Regulations governing Instant Racing in Kentucky apparently will be on the books July 1, but there won't be a rush by racetracks to move forward on implementing the games.
Members of an advisory committee that oversees the Kentucky Thoroughbred Development Fund expressed concern June 8 over diminishing revenue for the program as well as one racetrack's suspension of full-card simulcasts.
The Kentucky Equine Education Project and Corey Johnsen, the organization's new chairman, will host a telephone town hall meeting May 18 at 7:00 p.m. EDT.
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 Kentucky Supreme Court has ruled the Instant Racing case will be heard by the state Court of Appeals before it tackles the issue.
Officials wouldn't comment April 8 on growing rumors of an impending ownership change at Turfway Park in Kentucky, but they did say plans call for live racing to continue.
The Family Foundation of Kentucky, in an about-face, is attempting to slow the process by which a ruling on Instant Racing will be issued by the courts.
The Virginia Senate has again approved legislation authorizing Instant Racing--wagering on historical races--but the bill's reception in the House remains uncertain.
A decision on whether Instant Racing is a legal form of gambling should go straight to the state Supreme Court, says the Kentucky Horse Racing Commission and the state's racetracks.
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.
After hearing from both sides of the issue, a Kentucky judge said Dec. 14 he would issue a ruling on whether a form of Instant Racing is legal in the state prior to the end of the year.
A Kentucky judge has set Dec. 14 as the date when all sides will present oral arguments on whether a form of Instant Racing proposed for the state's racetracks is legal.
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.
A public hearing designed to gauge public opinion about a proposal to permit "Instant Racing" type wagering in Kentucky became a faceoff between representatives of the state's horse industry and the Family Foundation.
The public gets another opportunity to comment on new Kentucky Horse Racing Commission regulations that would allow Instant Racing machines at the racetracks.
The Family Foundation of Kentucky is officially seeking to become party to legal action tied to proposed regulations for Instant Racing at the state's racetracks.
Oaklawn Park has announced a 32-stakes program totaling $4.6 million for the 56-day meet that begins Jan. 14, 2011.
Family Foundation of Kentucky may join a suit seeking a declaratory judgment on the legality of Instant Racing in an attempt to keep open its options.
Hollywood Park plans to race through the 2011 calendar year, track president Jack Liebau said.
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.
A Kentucky judge is expediting the process by which various parties in the horse racing industry have requested a ruling on proposed administrative regulations involving Instant Racing.
Why support an industry that cannot sustain itself? Because wherever this debate occurs, it's important to see that the racetrack is only part of the equation. Read Blog
The Kentucky Horse Racing Commission has unanimously approved regulations that will permit "Instant Racing" wagering at the state's licensed tracks as a way to combat declining revenues and competition.
On the heels of a successful opening weekend at Ellis Park comes word of a few initiatives that, if they come to fruition, could generate or repurpose revenue for Kentucky racing. But will it be enough?
If the Kentucky General Assembly ends without passing legislation that would statutorily permit Instant Racing machines at Kentucky racetracks, the state racing commission would then consider its options.
Legislation to authorize Instant Racing at Kentucky racetracks apparently won't come up again anytime soon.
Republican Kentucky Sen. Damon Thayer spent more than an hour March 18 in a GOP caucus in an attempt to make a case for Instant Racing via statutory approval.
Legislation to aid the horse industry in Kentucky may be dead after developments in the state capital March 17.
Legislation authorizing Instant Racing at Kentucky racetracks is in line for major revisions that would place approval squarely in the lap of the governor or Kentucky Horse Racing Commission.
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