Woodbine Entertainment Group said March 8 it is "pleased" Ontario Premier Kathleen Wynne plans a stronger partnership between the province and horse racing industry. But it remains to be seen how much revenue is at stake.
MTR Gaming Group reported a 14.5% improvement in revenue in 2012 despite an increase in competition from other casinos, the company reported March 7 in its latest earnings report.
Legislation introduced in the West Virginia Senate March 6 calls for several statutory changes regarding racing, including a substantial reduction in the minimum number of dates a track must schedule each year.
The Pennsylvania Equine Coalition, noting another monthly loss in revenue from slot machines at racetrack casinos, predicts an overall reduction of $17 million in the Race Horse Development Fund for fiscal year 2012-13.
A Texas lawmaker has introduced legislation that would authorize a constitutional amendment on video lottery terminals at racetracks and at tribal facilities.
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.
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.
Pinnacle Entertainment plans to begin construction on a new River Downs by the end of March, but the company remains mum on details about the planned Ohio racetrack casino.
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.
New Hampshire Governor Maggie Hassan ardently supported the expansion of gambling in the state when she included $80 million from a casino licensing fee in her budget proposal.
The Delaware Lottery has issued a request for proposal for its planned Internet gaming system, and the racing industry is negotiating a revenue split with the state and racetrack casinos.
Turfway Park is expected to soon announce this year's Spiral Stakes will be sponsored by Horseshoe Casino Cincinnati, the under-construction gaming facility owned by its parent company.
Suffolk Downs will face much stiffer competition for the sole destination resort casino license designated for the Greater Boston area now that Foxwoods Resort Casino has entered the crowded field in Massachusetts.
Even if Rockingham Park were to win a casino license, a return of live Thoroughbred racing isn't guaranteed. It does remain part of the plan, said an official with a company that would pursue a license if gaming is legalized.
The Ohio State Racing Commission will consider a request from River Downs to move its 2013 meet to Beulah Park, agency chairman Robert Schmitz said Feb. 6.
A percentage of horsemen's revenue from slot machines in Pennsylvania will continue to go to the state's general fund and other programs under the fiscal year 2013-14 unveiled Feb. 7 by Gov. Tom Corbett.
Finger Lakes Casino & Racetrack has started construction on a $12 million expansion of its video lottery terminal facility.
The Florida Senate Committee on Gaming took more testimony Feb. 4 in an effort to shape future policy on expanded gambling in the state.
An Indiana lawmaker has introduced legislation calling for an independent report on the economic impact of the horse racing and breeding industry in the state.
Centaur Holdings said it is closer to winning complete regulatory approval of its plan to purchase Indiana Grand Casino & Downs.
Penn National Gaming Inc., which has a host of projects in the works, is taking a cautious approach to 2013 in the wake of a "soft" fourth quarter in 2012, company officials said Jan. 31 during an earnings teleconference.
The Delaware Thoroughbred Horsemen's Association said Jan. 31 it is "at an impasse in negotiations" with Delaware Park on a new contract.
The New York Senate's top Republican wants Belmont Park to be included in the list of possible casino expansion locations.
Overnight purses will increase 10% when Mountaineer Casino, Racetrack & Resort begins its almost 10-month racing season March 1.
Saratoga Harness Racing Inc., which last year acquired an ownership interest in Ellis Park in western Kentucky, said Jan. 29 it has completed its purchase of Fitzgeralds Casino Black Hawk in Colorado.
New York Racing Association President and COO Ellen McClain announced Jan. 25 that she is resigning from her role, and board leaders said they would immediately begin a national search to find a replacement.
The New York legislature's most powerful Democrat said Jan. 24 he would be open to further casino development at Aqueduct Racetrack, as well as several other specific locations in New York City except for Manhattan.
New York Gov. Andrew Cuomo wants to dip into purse accounts to take $1.5 million to $2 million per year for equine safety programs at the state's racetracks.
The Ohio Roundtable, an anti-gambling organization, asked the Franklin County Court of Appeals Jan. 17 to reject a decision by the Franklin County Common Pleas Court, which last year dismissed a lawsuit challenging VLTs.
Casino magnate Steve Wynn submitted a formal Phase 1 application with the Massachusetts Gaming Commission Jan. 14, one day under a key deadline, to vie with the proposal of Suffolk Downs and partner Caesar's Entertainment.
The Ohio State Racing Commission put racetrack casino developers on notice Jan. 10 when, at a hearing, members expressed strong displeasure with the racing aspects of the proposed Miami Valley Gaming and Racing facility.
New York Gov. Andrew Cuomo is pushing lawmakers to pass the second required piece of legislation to allow up to seven new casinos in New York State.
A shift in slot machine revenue from horse racing to other programs in Pennsylvania is set to expire this summer, and the Pennsylvania Equine Coalition Jan. 8 urged lawmakers to honor the sunset provision.
Hollywood Casino at Penn National Race Course reported a 19.4% increase in all-sources pari-mutuel handle for 197 live racing days in 2012. Meanwhile, total purses jumped 11.6%.
Oral arguments have been scheduled on a public policy group's appeal of a ruling that it doesn't have the legal standing to sue over a 2011 law authorizing racetrack video lottery terminals.
Indiana Downs is one step closer to becoming the sole location for Thoroughbred and Quarter Horse racing in the state.
The Ohio State Racing Commission Dec. 13 approved the distribution of more than $1.77 million in revenue racing has received from non-track casinos in the state.
Negotiations continued Dec. 12 among the Ohio parties involved in a possible shift of the River Downs meet to Beulah Park in 2013.
Two lawmakers in leadership positions in the Kentucky General Assembly said Dec. 10 the issue of expanded gambling remains on the table, but whether a bill materializes depends on Gov. Steve Beshear.
In this age of racetrack casinos, the message is very clear: Increase the focus on pari-mutuel wagering and don't consider gaming revenue for purses and other programs an entitlement.
The awarding of 2013 Thoroughbred racing dates in Ohio has stalled given the fact the meet at River Downs may have to move to Beulah Park because of construction of a new racetrack gaming facility.
Republican Kentucky Sen. Damon Thayer, who has been involved with most legislation involving the horse industry in recent years, was elected majority floor leader Nov. 28 during a GOP Senate leadership caucus.
Two Pennsylvania racetrack gaming companies are among the six bidders for a license to build a non-racetrack casino in Philadelphia.
The Warren County, Ohio, government Nov. 13 approved plans by Churchill Downs Inc. and Delaware North to build a racetrack casino that would replace Lebanon Raceway.
Gambling in Maryland will soon include table games such as blackjack and a casino near Washington, D.C., after voters Nov. 6 approved an expansion measure that generated an expensive political advertising campaign.
Churchill Downs Inc. officials said Nov. 6 the company had a "decent" third quarter in 2012 and is poised for growth in 2013-14.
Kentucky Republican Senate President David Williams is vacating that post to accept a judgeship in the southern part of the state.
Though owner Pinnacle Entertainment hasn't made an official announcement, it appears the grandstand at River Downs will be leveled to make way for a new racetrack gaming facility.
Fifty-one horses are entered in the five races that make up the Best of Ohio, an event that figures to benefit in future years from video lottery terminal revenue.
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.
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