Keyword: racinos

  • Penn National Race Course

    PA Report Shows Impact of Slots on Purses

    Statistics in the Pennsylvania Horse Racing Commission annual report for 2015 reflect how integral revenue from slot machines is to purses for Thoroughbred and Standardbred racing at six racetrack casinos in the state.

  • NY Regulators Tighten Underage Gambling Rules

    The New York State Gaming Commission May 23 approved a regulation to standardize and increase penalties against gambling operations—including racetracks—that let any minor under age 18 place wagers on their products.

  • Penn National is one of six tracks in Pennsylvania

    PA Report: Slots Provide Almost 90% of Purses

    More than $228 million was accrued for purses at six Pennsylvania racetracks in 2015 with almost 90% of the funds derived from slot machine revenue, according to an annual report that analyzes the racetrack gaming industry in the state.

  • Finger Lakes in upstate New York

    No Purse Protection for Finger Lakes

    The head of the horsemen's group at Finger Lakes Gaming & Racetrack is predicting the end of racing at the upstate Thoroughbred track, after a new state government budget deal failed to protect purse levels.

  • Mountaineer will commence live racing April 16

    Mountaineer Prepares for 160-Day Meet

    Horses are back training at Mountaineer Casino, Racetrack & Resort, where more than three months of down time in late fall and winter allowed time for improvements in the barn area.

  • NY Senate Budget Addresses Racing Issues

    The New York State Senate budget resolution for fiscal 2016-17 includes a few recommendations for protecting revenue for the horse racing industry given impending competition from full-scale casinos.

  • Quarter Horse racing at Hialeah Park

    Decoupling Push Ends, But for How Long?

    A strong push to decouple racing from gaming officially hit the wall with the end of this year's Florida legislative session March 11, but a horsemen's coalition said it fully expects the issue to come up again in 2017.

  • Charles Town HBPA board member Joe Funkhouser speaks at Capitol

    WV Racing Supporters Tout Economic Benefits

    Pro-racing lawmakers in West Virginia took part in a March 1 Capitol press conference to discuss the economic impact of Thoroughbred racing and breeding given legislation that would decouple live racing from gaming.

  • Mountaineer in West Virginia

    Racetrack Gaming Issues Heat Up in WV

    The West Virginia Senate Feb. 25 had first reading on legislation that would defund and decouple greyhound racing from gaming but maintain requirements that Thoroughbred racing receive its share of gaming revenue.

  • Penn National Race Course in Pennsylvania

    PA Racing 'Reform' Law Signed by Governor

    Legislation designed to modernize horse racing in Pennsylvania was signed into law Feb. 23 by Gov. Tom Wolf, who last fall threatened to shut down the industry because it couldn't pay for regulation.

  • NH Senate Tables Rockingham Casino Bill

    The New Hampshire Senate voted Feb. 18 to table a bill authorizing one casino to be located at Rockingham Park, dealing yet another blow to hopes for the revitalization of the track and the return of live Thoroughbred racing.

  • Tribe Sues to Block Finger Lakes-Area Casino

    A New York Native American tribe has filed a lawsuit to block a recently approved casino that has everyone from upstate casinos to racetracks worried about losing business to the new gambling resort under construction.

  • Hawthorne is one of the Illinois tracks pushing for slot machines

    Slots Spread, Illinois Tracks Can Only Watch

    Illinois racetracks, which aren't permitted to have gaming machines, have watched about 5,100 other locations install slot machines which, according to a report, aren't subject to typical casino-style regulation.

  • Further Cuts Expected for WV Racing Dates

    The West Virginia Racing Commission Nov. 18 approved customary live racing dates, but the schedules for Hollywood Casino at Charles Town Races and Mountaineer Casino, Racetrack & Resort are expected to be drastically reduced.

  • Penn National is one of six racetracks in Pennsylvania

    Talks Continue on Funds for PA Regulation

    Racing stakeholders in Pennsylvania are working with Gov. Tom Wolf's administration to devise a funding plan for regulation in the wake of ongoing declines in pari-mutuel handle in the state.

  • Gulfstream Park is one of several Florida tracks with slots

    Opposition to Florida Decoupling Plan Expands

    Horsemen's groups are rallying to head off a move to decouple live racing from casino-style gambling at pari-mutuel facilities in Florida. Currently, tracks with slot machines must also offer live racing.

  • WV Racing Report Approval Stalls

    A group of West Virginia racing stakeholders has prepared a report on the state of the industry and makes suggestions on how to improve the economics, but when it is approved remains to be seen.

  • WV Racing Industry Sets Legislative Goals

    The West Virginia racing industry will pursue several initiatives during the 2016 legislative session, including statutory changes that would lower the minimum number of racing dates for which tracks must apply each year.

  • PA Bill Would Lower Racing Dates Minimum

    Pennsylvania lawmakers are examining legislation that would lower the minimum number of live racing days required at racetrack gaming facilities, and also allow each track to install slot machines at up to four OTW parlors.

  • Delaware Park to Kick Off 81-Day Race Meet

    Delaware Park will begin its 81-day race meet May 16 with racing three or four days per week through Oct. 17 and what appears to be a fairly solid horse population given local competition for racing stock.

  • Indiana Governor Vetoes ADW Legislation

    Saying the bill would have expanded gambling in Indiana, Gov. Mike Pence has vetoed a bill that would have allowed state residents to use advance deposit wagering to bet on horse races.

  • Race Fund Revenue Up, Handle Down in PA

    Distributions to horse racing from the state Race Horse Development Fund increased 9.5% in 2014 from the previous year, according to the annual Pennsylvania Gaming Control Board benchmark report released April 28.

  • WV Analysis: Purses Can't Support Race Dates

    A West Virginia Racing Commission purse analysis based on revenue projections from all sources indicates the state and its racetracks have serious issues to address regarding live racing dates in the future.

  • New York VLT Revenue Declines in Fiscal Year

    Their financial performances were no secret during the year, but now the final numbers for fiscal 2014 are in and, for the first time, New York racetrack-based casinos showed their first year-to-year dip in net revenue.

  • Oneida Tribe Opposes NY Casino Proposal

    Groups seeking to block a Finger Lakes-area casino in upstate New York have been formally joined by a politically powerful and financially deep-pocketed ally: the Oneida Indian Nation.

  • New York Senator Questions Spending on Racing

    A measure giving flexibility to the financial operations of the New York State Thoroughbred Breeding and Development Fund passed by a comfortable margin in the state Senate, as it has every year since 2010.

  • Hollywood Casino at Charles Town Races

    WV Legislature to Review Racing and Gaming

    Both houses of the West Virginia legislature have adopted a resolution forming a select committee that will undertake a "comprehensive study" of the state's racing and gaming industries and report its findings in 2016.

  • Finger Lakes Gaming & Racetrack

    Bill Would Protect Purses at Finger Lakes

    Legislation has been introduced in both houses of the New York legislature to require the owners of a future commercial casino to make whole any losses suffered by horsemen and breeders at nearby Finger Lakes.

  • Finger Lakes Gaming & Racetrack

    Finger Lakes Sues Over Proposed Casino

    The owner of Finger Lakes Gaming & Racetrack in upstate New York is asking a state judge to halt the awarding of a license for a new commercial casino located just 25 miles away from the 1960s-era racetrack.

  • Saratoga Study Touts Impact of VLT Revenue

    Video lottery terminals at Aqueduct Racetrack have helped push up prices of New York-bred yearlings and increased the state's foal crop in what economic development officials say has been a far-reaching impact.

  • Suffolk Downs

    Suffolk Downs, Horsemen Have Deal for Meets

    There will be a live race meet at Suffolk Downs in 2015 and 2016 now that track ownership and the New England Horsemen's Benevolent and Protective Association have come to terms.

  • Mike Rogers of Stronach Group offering industry insights during the National Horsemen's Benevolent and Protective Association winter convention.

    Stronach Group Addresses Fundamental Issues

    The Stronach Group remains optimistic about the future of the horse racing industry in North America and will continue to push for what it believes are fundamental structural changes needed to move the business forward.

  • Ohio Begins Examination of Medication Rules

    As part of an examination of its equine medication rules, the Ohio State Racing Commission in February will begin hearing from various industry organizations involved in an effort to adopt uniform policies for all states.