The U.S. Court of Appeals this month upheld a U.S. District Court's ruling that the state should not have collected millions of dollars from the estate of the bankrupt account-deposit wagering outlet Racing Services Inc.
Horses could be returning to the starting gate in Fargo, North Dakota after a two-year shutdown to pay bills.
The North Dakota Horse Park reported strong gains in on-track business for a mixed meet that ended Sept. 7.
The North Dakota Racing Commission announced significant interest by account wagering companies since the enactment of House Bill 1551 into law July 1. The new tax law significantly reduces the state tax levied on account wagering and removes the 4% tax assessment on the first 11 millions wagered.
Premier Turf Club has added Keeneland content to its list of track offerings, building on a business model that has allowed the North Dakota-based advance deposit wagering entity to realize four-fold growth in handle in the last few months.
The 8th U.S. Circuit Court of Appeals said it will not review its decision to overturn the case against Susan Bala, the founder of Racing Services Inc. who was convicted in 2005 of illegal gambling.
Category Five, a 12-year-old son of Storm Cat, has been relocated to stand at Mesa Farms near Zahl, N.D.
The New York Racing Association has asked a federal bankruptcy judge to dismiss a lawsuit filed by Lien Games Racing that seeks immediate distribution of winning wagers the North Dakota wagering outlet claims it is owed.
A federal appeals court has overturned the conviction of Susan Bala, who was sentenced to prison in 2005 in connection with charges related to operation of her Racing Services Inc. simulcast company in North Dakota.
A North Dakota betting hub has broken ranks from other creditors with claims in the complex New York Racing Association bankruptcy case, filing a federal lawsuit that demands the racetrack operator immediately pay out over $1.6 million in net payoffs it claims it is owed from wagering pools.
Touting their new advance deposit wagering enterprise as one developed "by players for players," backers of Premier Turf Club hope to reel in dollars currently being wagered with entities that operate outside the pari-mutuel arena.
Ground was broken July 1 for the Dean Kutz Memorial Chapel at Canterbury Park, which plans to open it sometime during the current racing season.
Paul Bowlinger, who will become executive vice president of the Association of Racing Commissioners International Jan. 1, 2006, has received a certificate of appreciation from the U.S. Department of the Treasury Internal Revenue Service, Criminal Investigative Division, for assisting law enforcement personnel in the Racing Services Inc. case in North Dakota.
A few days after a federal judge denied granting her a new trial, Susan Bala, the founder and former president of North Dakota's Racing Services Inc., reported to prison Sept. 30 to begin serving a 27-month sentence.
The North Dakota Racing Commission is running out of money to subsidize the racetrack at the North Dakota Horse Park in Fargo, and the track may not survive without new revenue streams, a track official said.
Racing Services, the North Dakota wagering company convicted of illegal gambling, must forfeit about $99 million, the amount authorities said was wagered at an unlicensed site operated by the company.
The North American Pari-Mutuel Regulators Association announced the selection of Paul J. Bowlinger as its new full time executive director.
A bankruptcy judge is considering a motion to sell off the assets of Racing Services Inc. and put the money toward claims from creditors, including $6.5 million in uncollected state taxes.
A jockey accused of assaulting a racetrack official after he was told he was too heavy to race should be banned from North Dakota tracks for 10 years, state regulators say.
U.S. District Court Judge Ralph Erickson says he will stick to an Aug. 23 trial date for Racing Services Inc., even though three of the four defendants don't have lawyers.
A North Dakota judge has been asked by state Attorney General Wayne Stenehjem to dismiss the Racing Services Inc. bankruptcy case filed by owner Susan Bala because the wagering-company was under the control of a state-appointed receiver at the time of the filing.
The attorney representing Racing Services Inc. official Raymundo Diaz was removed from the case by a U.S. District judge Thursday because of a conflict of interest. In other developments, Racing Services founder Susan Bala filed for Chapter 11 bankruptcy protection on behalf of the company.
The trial of embattled North Dakota wagering company Racing Services Inc. has been delayed from Feb. 23 to late August.
A preliminary hearing has been set in North Dakota state court for two executives of a Fargo horse-betting company who are accused of running an illegal off-track betting site.
Racing Services Inc. was denied a renewal of its North Dakota simulcasting license, amid worries about the future of a business that is facing federal felony charges and the possible seizure of its property.
Racing Services founder Susan Bala and vice president Raymundo Diaz pleaded not guilty in U.S. District court Thursday to charges of conspiracy to conduct an illegal gambling business and money laundering.
The North Dakota Racing Commission meeting scheduled for Thursday, which was to include a decision on whether Racing Services would be renewed as the state's simulcasting provider, has been postponed. A decision to reschedule the meeting should be made Friday, a spokesperson said.
Susan Bala, founder and owner of Racing Services Inc. in North Dakota, has been removed from the company's day-to-day operations at the request of state attorney general Wayne Stenehjem.
State officials in North Dakota are calling for changes to the commission that oversees horse racing and a wagering business under investigation by state and federal authorities.
Racing Services Inc. said on Saturday it made a state-imposed deadline to pay the North Dakota Racing Commission about $1.5 million in overdue taxes.
Racing Services Inc., North Dakota-based wagering company, has filed a complaint against Stevenson & Associates for alleged restraint of trade and monopolization in connection with off-track betting parlors in Mexico and Venezuela.
North Dakota lawmakers have passed legislation that will substantially reduce the state's share of revenue from pari-mutuel wagering.
A racetrack is part of the plan for the North Dakota Horse Park, a multi-purpose facility tied to the North Dakota State University's equine studies program.
Supporters of a Fargo racetrack got a $1 million commitment from the North Dakota Racing Commission Wednesday. The commitment, however, has strings attached.
Most Popular Stories
- Big Blue Kitten Takes United Nations
- Shaman Ghost Rallies to Take Queen's Plate
- Filly is First Winner for Albertus Maximus
- Favorite Tale Upsets Champion Work All Week
- Bradester Too Strong in Salvator Mile
- Grand Bili Upsets Barbados in Carry Back
- Merry Meadow Wins Princess Rooney in Return
- Aldous Snow Repeats in Singspiel Stakes
- Go Blue Or Go Home Claims Highlander Again
- Strut the Course Edges Favorite at Woodbine