Racetrack Gaming

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Another Financial Hit Looms for KY Breeders

The Kentucky Breeders Incentive Fund could be reduced by 30% because of declining revenue, while horse farms "can't withstand another year like 2009," Kentucky lawmakers were told Nov. 10 during a meeting of the Joint Subcommittee on Horse Farming.

All Five Aqueduct Bidders Meet Deadline

All five remaining bidders for the Aqueduct gaming project said they have met a Nov. 6 deadline to guarantee a quick $200-million payment to the state of New York if they are chosen to develop the video lottery terminal casino at the Queens racetrack.

CDI's Evans: Some Progress in Kentucky

The president of Churchill Downs Inc. said he believes recent developments with the makeup of the Kentucky General Assembly are positive and could help lead to legalization of video lottery terminals at racetracks in the state.

Law Gives CA Tracks More Takeout Flexibility

California Thoroughbred racetracks, subject to regulatory approval, could increase pari-mutuel takeout -- return less money to bettors -- and change how the revenue is distributed under legislation signed into law Oct. 23 by Republican Gov. Arnold Schwarzenegger.

Another KY Republican Gets Appointment

Another KY Republican Gets Appointment

Republican Sen. Dan Kelly, a member of the Senate committee that killed racetrack gaming legislation during a special General Assembly session earlier this year, was appointed by Democratic Gov. Steve Beshear as an 11th Judicial Circuit judge.

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