Keyword: slot machines

  • Hoosier Park's casino grossed $15.7 million in June 2008, its first month of operations.

    Indy Tracks: $26M in Slots Revenue

    The slots era in Indiana is off to a strong start as the casinos at both Hoosier Park and Indiana Downs combined to pull in a little more than $26 million in adjusted gross receipts during the first month of operation.

  • PNGI Purchases Option on Maryland Land

    Penn National Gaming Inc. said July 7 it has secured an exclusive 18-month option to purchase about 36 acres in Cecil County, Md., for the purpose of constructing a slot-machine casino.

  • CDI Announces Deal With Calder Horsemen

    Churchill Downs Inc. announced July 7 that it has signed contracts with the Florida Horsemen's Benevolent and Protective Association on 2008 purses and on potential future slot machine revenue at CDI-owned Calder Race Course.

  • Horsemen Say Calder Issues Resolved

    The Florida Horsemen's Benevolent and Protective Association announced July 5 it has reached an agreement with Churchill Downs Inc. on purses and slot machine revenue for Calder Race Course. If the contracts are signed, Calder could export its July 12 "Summit of Speed" program to tracks around the country.

  • Ellis Park

    Groups Say Ellis Park Closure a Symptom

    The TRA and KEEP have weighed in on the announced closure of Ellis Park in western Kentucky. They blame lack of a long-term, industry strategy on advance deposit wagering, and inability to compete with other states, respectively.

  • Court: FL Governor Exceeded Authority

    The Supreme Court of Florida ruled July 3 that Gov. Charlie Crist exceeded his authority last November when he signed a compact that has permitted the Seminole Tribe of Florida to have Class III Las Vegas-style slot machines, blackjack, and baccarat.

  • FL Tracks Wary as Tribal Gaming Expands

    The Seminole Tribe of Florida is preparing for the June 22 launch of blackjack and baccarat at its Hollywood, Fla., casino located 10 miles from Gulfstream Park, one of the racetracks that filed suits to stop the Seminole gaming expansion.

  • Calder Meeting: Considerable Progress

    The Florida Horsemen's Benevolent and Protective Association's general counsel said June 10 his organization could sign agreements "in the very near future" on 2008 purses and future slot-machine revenue at Calder Race Course.

  • Indiana Downs Opens Slots Facility

    The temporary "Indiana Live!" slot-machine casino at Indiana Downs opened to the public June 9, ushering in a richer future for the state's horsemen. But purses won't be going up any time soon.

  • Barn Work Under Way at Penn National

    A backstretch improvement program has begun at Hollywood Casino at Penn National, which will spend up to $10 million over the next 10 years to build new barns, refurbish old ones, and make other barn-area upgrades.

  • PA Gaming Board Supports Equine Welfare

    Though it has no regulatory oversight of equine health and safety, the Pennsylvania Gaming Control Board has adopted a resolution saying it supports the state's efforts to "invest in horse health and welfare."

  • MEC-owned Pimlico Race Course

    MEC: No Immediate Plan to Sell MD Tracks

    A Magna Entertainment Corp. executive said the company has no plans to sell either of its Maryland racetracks but indicated the results of a statewide November referendum on slot machines could play a role in any decision.

  • Push for Slots Continues in Illinois

    As horseracing interests lobby for slot machines in Illinois, two former state legislators have floated a $31-billion infrastructure plan that would be paid in part by expanded gambling in the state.

  • Magna Entertainment and the Maryland horsemen both are in favor of slot machine legislation being passed in the state.

    MEC, Horsemen Support Pro-Slots Campaign

    The Maryland racing industry is throwing its support behind a campaign for slot machines, but it remains to be seen whether any racetracks would get the gambling devices should the public approve a statewide ballot measure in November.

  • Indiana Downs Begins Transition Meet

    Indiana Downs enjoyed a promising start to its 54-day Thoroughbred meet April 25-26, with large crowds and strong wagering. Indiana Downs will offer racing through July 8.

  • Florida HBPA Using THG in Negotiations

    The Florida Horsemen's Benevolent and Protective Association has given the new national Thoroughbred Horsemen's Group authority to negotiate terms with advance deposit wagering companies for betting on races at South Florida Thoroughbred racetracks. Also, Florida horsemen want an agreement on slots revenue with Calder before any contracts are signed.

  • Calder Race Course

    Slots Splits Slow Calder Contract Talks

    As Calder Race Course prepares to open its 2008 meet April 21, the question of how to divide any future slot-machine revenue is holding up contract talks between the Miami Gardens, Fla., track and the Florida Horsemen's Benevolent and Protection Association.

  • Jones: Casino Bill 'Improperly Handled'

    The chairman of the Kentucky Equine Education Project said the organization is "disappointed" not only in the failure of legislation calling for a constitutional amendment on casino gambling, but also with the way the measure was handled from the beginning of this year's General Assembly session.

  • Florida Senate OKs Slots Legislation

    The Florida Senate approved March 13 two slot-machine bills that would help the state's Thoroughbred racetracks and other pari-mutuel facilities. However, there is considerable opposition to the bills in the Florida House of Representatives, and the influential Seminole Tribe of Florida is expressing concerns about the legislation.

  • With Slots on Way, Changes in Indiana

    Steroids, new emergency rules for horse racing, and updates on racetrack casino construction at Hoosier Park and Indiana Downs dominated the discussion during the March 11 Indiana Horse Racing Commission meeting.

  • A bill to reduce the state tax rate from 50% to 35% on slot machines at horse tracks could be introduced in the Florida legislature this March.

    Florida Bills Address Racetrack Gaming

    Two bills that would help Thoroughbred racetracks, the Ocala Breeders' Sales Co., and the state's other pari-mutuel facilities will be on the calendar when the Florida legislature begins its annual two-month session March 4.

  • The KEEP board of directors has agreed to back the proposed Kentucky casino legislation.

    KEEP Supports New Casino Bill

    After a Kentucky constitutional amendment calling for nine casino licenses passed out of committee Feb. 27, it was unclear whether the horse industry would continue to support the legislation. But indications lawmakers and Gov. Steve Beshear would look out for the industry led the Kentucky Equine Education Project to support the bill.

  • PA-Bred Program Sets Sights on KY

    Pennsylvania probably won't become a leader in terms of number of Thoroughbred foals bred each year, but its breeding program figures to give programs in the rest of the United States a serious run for their money.

  • Cooperation Urged on Racing, Gaming

    An executive with experience working at racetrack casinos said Feb. 25 that even though slot machines are the revenue driver, horse racing has value and can have even more if gaming and racing factions work together.

  • KEEP Plans Rally for Casino Bill

    In an attempt to recruit people to support the proposed constitutional amendment for expanded gaming, the Kentucky Equine Education Project urged its members to attend a Feb. 26 committee meeting hearing for the bill, as well as a horse trailer caravan "rally" the same day in Frankfort.

  • The 2004 Kentucky Derby victory by Smarty Jones apparently has done more for Pennsylvania racing than more than 100 Derbies and a long racing history have done for Kentucky, at least as far as legislation goes.

    Analysis: 'Smarty Slots' Take Lead

    The "Smarty slots" in Pennsylvania have been jingling for more than a year. In Kentucky, where the racing industry views Pennsylvania as a major threat, casino legislation broke from the gate in a tangle yet again this year.

  • Racino Officials, Horsemen to Meet

    Isle Racing & Casino at Pompano Park is delaying a decision on possible cancellation of some March and April racing dates.

  • Kentucky Casino Bill Faces Revision

    A legislative subcommittee studying expanded gambling in Kentucky has recommended a revised constitutional amendment that reduces the number of casinos permitted in the state to nine, requires local approval of some sort for all casinos, and removes dedicated percentages for gaming revenue.

  • Kentucky Gov. Steve Beshear announces legislation to authorize VLTs.

    Kentucky Casino Legislation Offered

    Kentucky Gov. Steve Beshear unveiled legislation Feb. 14 calling for a constitutional amendment to allow for up to 12 casinos--seven at racetracks and five at non-racetrack locations.

  • Icy Atlantic is one of several stakes winners in Gulfstream Park's $75,000 Shotintheheart Handicap Feb. 14.

    Florida-breds Get Gulfstream Boost

    Gulfstream Park's $75,000 Shotintheheart Handicap Feb. 14 will be the first of as many as four Florida-bred stakes it will add this season.

  • 'Alarming' Opener for Penn National

    Hollywood Casino at Penn National opened on time Feb. 12 with bells and whistles--and with a rousing alarm and taped recording telling everyone to vacate the building.

  • Penn to Open; Weather KOs Racing

    Hollywood Casino at Penn National will open its slot machines to the public Feb. 12, but live Thoroughbred racing will have to wait at least another day.

  • Time for Peace Pipe, Shapiro Says

    Now that voters in California have decisively approved a massive increase in Indian gaming for four large Southern California tribes, the chairman of the state's horse racing board says it is time for the tribal casinos to help out his ailing industry with financial mitigation.

  • The old grandstand/clubhouse (pictured) was demolished in 2006 to make way for an integrated racing/gaming facility.

    Penn on Schedule for Feb. 12 Opener

    The integrated gaming and racing facility has scheduled "test nights" for Feb. 8 and Feb. 10. Test nights are regularly held at casinos to ensure that all equipment is operating properly.

  • Ohio Pushes Keno, Not Track Gaming

    Ohio Gov. Ted Strickland has promised to add keno games to the Ohio Lottery to make up for a projected budget shortfall at the end of this fiscal year on June 30.

  • KY Casino Vote Gets Another Push

    Kentucky Gov. Steve Beshear again has called for the state General Assembly to approve legislation allowing a referendum on casino gambling, but details of the legislation still haven't been released.