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 HORSE survey shows 43% of owners, breeders, and trainers intend to reduce their investment in the state's racing in 2013 because of better opportunities in the surrounding states with gaming.
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.
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.
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.
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.
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.
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%.
The push is on again for legislation to expand gambling in Illinois, including allowing slot machines at the state's racetracks.
Ontario Premier Dalton McGuinty announced Oct. 15 that he will be stepping down as leader of the province and will also prorogue the government until a new leader for the Liberal party can be named.
Citing uncertainty due to the scheduled end of its slots-at-racetracks program in March 2013, Woodbine has submitted a request to the Ontario Racing Commission to cancel 11 Thoroughbred Thursday afternoon programs.
Illinois Gov. Pat Quinn Aug. 28 vetoed a gaming expansion measure that would have allowed slot machines at racetracks and authorized five new casinos around the state, but hinted he may approve if changes are made.
Saying it was "poor public policy," a three-person horse racing transition panel has concluded the Ontario government did the right thing by ending the slots-at-racetracks program.
Just days before a government panel is set to release recommendations for the future of horse racing in Ontario, the industry is receiving support from politicians questioning the end of the slots-at-racetracks program.
The clock is running on what could be a final push to authorize Illinois racetracks to run slot machines many in the industry see as vital to survival.
The Pennsylvania Equine Coalition said thank you to the state legislature July 2 for sparing most of the $72 million that could have been cut from the Pennsylvania Race Horse Development Fund.
Protecting purse revenue from alternative gaming can be as hard, or harder, than winning legislative approval for it, horsemen said June 30 during a National Horsemen's Benevolent and Protective Association roundtable talk.
As Woodbine prepares to hold the 153rd edition of the Queen's Plate June 24, Nick Eaves, the track's president, stunned the crowd at the June 21 post-position draw by revealing that Woodbine may be forced to close next April.
The Ontario government announced June 7 it will provide up to $50 million in transitional funding to the province's horse racing industry over the next three years.
Slot machine revenue for purses increased by more than $19 million at six Pennsylvania racetracks in 2011, while pari-mutuel handle and the revenue it produces for prize money continued to drop.
The Illinois House of Representatives May 23 again passed a gaming expansion bill that would authorize slot machines at Illinois racetracks. However, Gov. Pat Quinn found fault with the measure.
An executive with Woodbine Entertainment Group has told local officials its Woodbine racetrack will not survive if slot machines are removed from the facility in March of next year.
Hialeah Park is calling off its plan for a possible return of Thoroughbred racing in April and May of 2013 but still hopes to open a casino with slot machines next year.
Delaware Park opened its 75th season of Thoroughbred racing on a picture-perfect afternoon May 12 with a large, yet it was also set to face some challenges for the 100-day meet.
The Pennsylvania Senate May 10 approved a $27.6 billion state budget that restores almost $70 million that would have been cut from the slot machine-supported Race Horse Development Fund.
Canterbury Park didn't get slot machines, but it did win changes expected to generate more revenue from its card club to support purses.
The Florida Supreme Court April 27 upheld a decision by a lower state court that authorizes Hialeah Park to have a casino with Las Vegas-style slot machines.
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.
Presque Isle Downs & Casino now has 668 stalls after building two 48-stall barns in advance of its 2012 meet, officials said April 17.
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.
A 167-day meet at Woodbine in Ontario, Canada, is set to begin April 6, but the lingering slots-at-racetracks issue could make the 2012 meet the last one of its kind.
The Ontario government budget released March 27 calls for an end to the province's slots-at-racetrack program, but political opponents claim the fight isn't over.
Canterbury Park Holding Corp., despite temporary shutdown of operations last summer at Canterbury Park, reported positive financial figures for 2011 and the fourth quarter of last year.
The Minnesota Senate State Government Committee March 19 voted 8-5 against a measure that would have authorized casino-style gambling, including slot machines, at Canterbury Park and Running Aces Harness Park.
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.
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.
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.
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.
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.
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.
The Ontario horse racing industry is set to hold a rally Feb. 22 to fight off potential cuts in slot machine revenue it receives from the provincial government.
A top government official in Ontario Feb. 14 questioned the $345 million horse racing gets from province-operated slot machines given a $16 billion budget deficit.
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.
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.
Revenue from slot machines and table games at 10 casinos in Pennsylvania in 2011 topped $3 billion for the first time, state officials said Jan. 18.
Despite taking a financial hit because of a state-imposed shutdown during its live race meet this summer, Canterbury Park will stay the course with its regular schedule in 2012.
The Massachusetts legislature Nov. 16 passed a bill authorizing casinos in the state, and Gov. Deval Patrick is expected to sign it.
Legislation authorizing slot machines at racetracks has stalled again as the Illinois General Assembly extended its fall session until after Thanksgiving.
Most Popular Stories
- Five-Year Suspension, $25,000 Fine for Chapa
- Lopez Lets El Kabeir Be 'The Boss'
- HOF Trainer Jerkens in Intensive Care in FL
- Crimson Giant Chasing Unlikely Big 'Cap Glory
- Breeders' Cup Tickets Go On Sale March 4
- American Pharoah Tops 162 Blue Grass Nominees
- Horses to Watch at F-T Florida Sale
- Steve Haskin's Derby Dozen for March 3, 2015
- Consignors Upbeat Ahead of F-T Florida Sale
- African Story Tries Super Saturday Challenge