Keyword: racetrack gaming

  • Panelist: 'Only Racing Can Save Racing'

    Racetrack gaming has poured money into the pari-mutuel industry but shouldn't be viewed as a savior, panelists said Oct. 4 during the 2011 Global Gaming Exposition in Las Vegas.

  • PA Casinos: $274.9M for Racing in 2010-11

    Pennsylvania's 10 casinos -- racetrack and standalone -- generated $274.9 million for the state's Race Horse Development Fund in fiscal year 2010-11, according to the Pennsylvania Gaming Control Board annual report.

  • Stronach Group in Maryland Casino Venture

    The Stronach Group, which owns Laurel Park and Pimlico Race Course in Maryland, is part of a group that has filed an application to construct a video lottery terminal casino in downtown Baltimore.

  • OH Lottery Preparing for Racetrack VLTs

    The Ohio Lottery Commission said Sept. 26 it plans to have video lottery terminals installed at some of the state's racetracks perhaps by January 2012.

  • Poll: 56% of New Yorkers OK With Casinos

    The push and pull by advocates and detractors has yet to begin, but more than half of New Yorkers believe the state should permit full-fledged casinos beyond Indian-owned gambling facilities, a new poll has found.

  • Trainer Stephen Lyster

    Trainer Makes Go of It Under Economic Cloud

    Stephen Lyster, a 26-year-old Kentuckian, is trying to build a racing stable at a time when many economic indicators are down. But his family background and appreciation of the horse have him committed to the business.

  • VLT Revenue Splits Remain Issue in Ohio

    Racetracks and horsemen's groups in Ohio continue to wrestle over how much purses and breed development programs will receive from track-based video lottery terminals, which were legalized earlier this year.

  • Aqueduct has plans for future VLTs

    NY Tracks to Offer Casino Expansion Plan

    Racetracks across New York Sept. 7 will unveil a plan to amend the state constitution to permit them to offer a complete array of casino gambling as part of a proposal they say will raise revenue for the state and industry.

  • Instant Racing Machine

    Kentucky Downs: 'Canary in the Coal Mine'

    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.

  • Hawthorne Race Course, who has had their fall stakes schedule approved.

    Illinois Board Hears Plea on Purse Accounts

    The Illinois Racing Board Aug. 30 referred to staff a request by a horsemen's group to require racetracks to hold newfound purse money in segregated, interest-bearing accounts.

  • Hialeah Park

    Hialeah Hires Former Gulfstream President

    Hialeah Park has hired Steve Calabro, a former Gulfstream Park president, for its new position of director of gaming, and believes the courts will uphold its plans to open a casino with slots and a poker room.

  • Revised Gambling Bill Filed in Massachusetts

    The horse racing industry in Massachusetts would get a much-needed shot in the arm according to the terms of a new expanded gambling bill filed by legislators Aug. 23.

  • OH Track Relocations Must Wait Until October

    A racing regulator in Ohio said Aug. 21 it will be the middle of October for a decision is made on allowing Penn National Gaming Inc. to transfer the racing licenses of its two tracks to other locations.

  • Change Looms for New York-Bred Program

    With expectations that funding for the New York-bred program will increase about 100% by 2014, officials hope to strike a balance with plans to expand its offerings and rewards for owners and breeders.

  • Monmouth Park

    Privatization of NJ Racetracks Progresses

    Legislation authorizing the privatization of Monmouth Park and Meadowlands as well as a period of joint operation with the New Jersey Sports and Exposition Authority has been signed into law by Gov. Chris Christie.

  • MTR Gaming Coping in Face of Competition

    MTR Gaming Group, which recently received approval to refinance its debt, reported net income of $2.3 million for the second quarter of 2011. For the same three months in 2010, the company posted a net loss of $500,000.

  • Aqueduct

    NYRA, Casino Firm Have Aqueduct Dining Deal

    The New York Racing Association has struck a deal with Resorts World Casino New York by which the gaming company will operate some concessions at Aqueduct, which is being redeveloped to accommodate 4,500 gaming machines.

  • Aqueduct

    NY Racing, Breeding Subject of August Forum

    The New York Thoroughbred Breeders, Fasig-Tipton, and New York Racing Association during an Aug. 13 forum will discuss the future of New York racing and breeding after video lottery terminals begin operating at Aqueduct.

  • Instant Racing VLT

    Ohio Racetrack VLTs Called 'Moving Target'

    With Republican Gov. John Kasich preparing to sign legislation authorizing racetrack video lottery terminals and horse industry representatives already discussing strategy, a public policy group is ready to fight the plan.

  • Prarie Meadows

    Prairie Meadows Has Eight-Year Lease Deal

    Prairie Meadows Racetrack & Casino June 24 approved a new eight-year lease with Polk County that will pay the county $26 million in each of the first three years and perhaps more after that.

  • Ohio Policy Group: VLT Plan Violates Law

    The Ohio Roundtable, a public policy organization, said an agreement between Republican Gov. John Kasich and casino developers that includes a provision for racetrack gaming is a "clear violation" of Ohio law.

  • Federal Policy Shift of Concern in New York

    The racing industry in New York expressed concerns about new, potent competition after the Obama administration reversed course on federal policy that had blocked Indian tribes from building off-reservation casinos.

  • OH Casinos Move Forward; Racetrack VLTs Next?

    Ohio Gov. John Kasich has reached an agreement that will resume construction on casinos in Cincinnati and Cleveland -- and according to published reports permit video lottery terminals at the state's seven racetracks.

  • Report Reflects Slots Impact on PA Racing

    Purse revenue earned from pari-mutuel handle and racetrack slot machines dropped in 2010, according to the Pennsylvania Gaming Control Board's "benchmark report" on racetrack casinos in the state.

  • Delaware Park paddock

    Officials Hopeful for Delaware Park Meet

    Cancellation of one program because of a lack of horses did little to dent the Delaware Park meet, which opened with enthusiasm and features a new program designed to increase attendance.

  • Richard L. Duchossois

    Duchossois: Slots Revenue Would Be Welcome

    Arlington Park chairman Richard L. Duchossois said he doesn't know if the racetrack can survive unless the Illinois legislature finally allows Arlington to add slot machines.

  • Indiana Downs

    Indiana Racing Dodges Bullet in State Budget

    Indiana lawmakers have passed a two-year, $28 billion budget that largely spares the horse racing and breeding industry, which was targeted for major reductions in the amount of revenue it receives from slot machines.

  • Is Suffolk Partnership Sign Gaming Will Pass?

    Suffolk Downs has entered into what it terms a "strategic alliance" with Caesars Entertainment to bolster its chances of developing a destination resort casino should Massachusetts approved expanded gambling.

  • VLT Licensing Debacle Revisited in Maryland

    The Maryland horse industry continued to make its case for assistance March 16, urging the Senate Budget and Taxation Committee to pass legislation that would shift some revenue from VLTs to support racetrack operations.