Keyword: racinos

  • Ontario OKs Budget, Ends Racetrack Slots

    The Ontario government April 24 passed a 2012 provincial budget that ends the slots-at-racetracks program operated by the Ontario Lottery and Gaming Corp in March 2013.

  • Ontario Racing Lobbying in Advance of Vote

    The future of the Ontario horse racing industry could be placed in serious peril April 24, when a vote on the 2012 Ontario provincial budget is scheduled.

  • Survey Shows Support for Woodbine Casino

    A poll commissioned by Woodbine Entertainment Group indicates a majority of the Toronto, Ontario, residents surveyed oppose locating a casino downtown, and that slightly more than half support a full-scale casino at Woodbine.

  • Oral Arguments Heard in Ohio VLT Lawsuit

    The Ohio Roundtable contended in oral arguments April 3 that a 2011 law passed by the Ohio General Assembly allowing the state Lottery Commission to install video lottery terminals at racetracks is unconstitutional.

  • Committee Will Examine Gural Slots Proposal

    The United States Trotting Association has formed a committee to examine a proposal to use a small percentage of gaming revenue to support marketing and enhanced equine drug testing, but stopped short of endorsing the plan.

  • PNGI Has Deal to Relocate Two Ohio Racetracks

    Penn National Gaming Inc. said March 16 it has reached an agreement with Republican Ohio Gov. John Kasich to relocate two racetracks in the state to capitalize on video lottery terminals in new markets.

  • PA Lawmakers Join Horsemen in Fighting Cuts

    The Pennsylvania Horse Conference served as platform for racehorse owners, breeders, and trainers to tout support from several lawmakers who oppose a plan cut gaming revenue to purses and breed development programs.

  • Fort Erie to Lose Slots But Vows to Race

    Just two days after the Ontario Lottery and Gaming Corp. announced it will end the slots-at-racetracks program in the province in March 2013, it acted swiftly by revealing that slots parlors at three tracks will close.

  • Gural: Use Slots Money for Testing, Marketing

    A proposal floated by Jeff Gural, who leases Meadowlands and operates two racetrack casinos in upstate New York, to use a percentage of gaming revenue for other pro-racing programs has support among USTA members.

  • Woodbine Racetrack

    Ontario: End Slots-at-Racetracks Program

    The Ontario provincial government said March 12 it will be ending payments to racetracks through the slots-at-racetracks program in March 2013. The result could mean potential closures for many of the province's 17 tracks.

  • PA Horse Industry Hopes to Educate Lawmakers

    The Pennsylvania horse racing and breeding industry, which could lose about $70 million a year in gaming revenue under the proposed state budget, has organized a conference geared toward educating lawmakers.

  • Mountaineer Park

    Optimism and Wariness as Mountaineer Reopens

    Mountaineer Casino, Racetrack & Resort will begin its 10-month meet March 2 with some upgrades and increased promotion, but officials also are keeping an eye on neighboring states as they expand gambling opportunities.

  • NY Racetracks Touting Expansion Benefits

    New York's nine racetracks, which are lobbying to expand their businesses into full-fledged casinos, claim 8,200 permanent jobs would be created if they are permitted to enhance their gaming operations.

  • Parties Will Intervene in Ohio VLT Lawsuit

    Oral arguments on a lawsuit filed to stop the installation of video lottery terminals at Ohio racetracks has been postponed to give interested parties a chance to intervene.

  • Pennsylvania Gov. Tom Corbett

    PA Horsemen Blast Plan to 'Raid' Slots Fund

    The Pennsylvania Equine Coalition has blasted a budget proposal by Gov. Tom Corbett to take roughly $72 million in each of the next three years from the Pennsylvania Race Horse Development Fund to pay for other programs.

  • Racing-Related Funds Targeted in MD, PA

    Legislation that would divert gaming revenue for horse racing to other sources has been introduced in Maryland, and in Pennsylvania the governor has taken similar action in his 2012-13 state budget.

  • New Hampshire Considers Expanded Gambling

    The New Hampshire House of Representatives will take up expanded gambling when a full vote on HB593 comes to the floor Feb. 8 and passage could bring the return of live Thoroughbred racing one step closer.

  • Kentucky Gov. Steve Beshear

    Beshear Sticks With Gambling Amendment Plan

    Kentucky Gov. Steve Beshear said Jan. 31 he expects a casino gambling amendment to be introduced "in a few days," and again accused Republican Sen. President David Williams of attempting to derail the process.

  • Ohio Anti-VLT Group Given Deadline for Suit

    Efforts to facilitate installation of video lottery terminals at Ohio racetracks continued to quicken Dec. 22 when a public policy group that filed suit over VLTs was given a deadline to respond to motions to dismiss.

  • MTR Gaming Applies for Ohio VLT License

    The parent company of Mountaineer Casino, Racetrack & Resort in West Virginia and Presque Isle Downs & Casino in Pennsylvania is the first to apply for a video lottery terminal license in Ohio.

  • Illinois Gambling Legislation on Hold Again

    Legislation authorizing slot machines at racetracks has stalled again as the Illinois General Assembly extended its fall session until after Thanksgiving.

  • KY-Breds: Quality High Amid Revenue Decline

    A report on Kentucky's Thoroughbred breeding industry and related state programs that support it financially shows continued strength in quality despite decreases in funding and competition from gaming states.

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    Sprint Stakes, Optimism at Suffolk Downs

    Suffolk Downs will offer its richest stakes since 2008 on Oct. 22 amid a sense of optimism brought about by passage of legislation that gives it a chance to be awarded a license for a resort casino.

  • Aid for Racing Protected in MA Gambling Bill

    An amendment to eliminate a slot-machine facility that would dedicate 9% of gross revenue to the horse racing industry in Massachusetts as part of expanded gambling legislation was killed in the Senate Oct. 6.

  • Wait-and-See for Ohio Racetrack Relocations

    If the Ohio Supreme Court were to rule that video lottery terminals can't be installed at racetracks in the state, attempts to move tracks to new locations would be dropped.

  • 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.

  • 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.