Ohio Thoroughbred breeders were told April 5 that supporting stallions based in the state should be a big part of the equation in the new environment of racetrack gaming.
Two Ohio racetracks will pay 10.5% of video lottery terminal revenue to purses, an official with the state's racing and breeding programs said April 5.
A new state budget deal in New York calls for using a portion of video lottery terminal proceeds to create a health insurance program for Thoroughbred jockeys.
Hollywood Gaming at Mahoning Valley Race Course received a racing permit from the Ohio State Racing Commission March 27 and plans to offer 21 days of Thoroughbred racing this fall.
The West Virginia Legislature March 14 passed a fiscal year 2014-15 budget that will redirect 10% of racing's share of gaming revenue to other programs.
The Ohio Horsemen's Benevolent and Protective Association has signed 10-year racing agreements with the under-construction Hollywood Gaming at Mahoning Valley Race Course and ThistleDown Racino, formerly known as Thistledown.
Mountaineer Casino, Racetrack & Resort will kick off its 210-day season March 1 with average daily overnight purses of about $115,000, a figure on par with 2013.
Penn National Gaming Inc. and the Ohio Horsemen's Benevolent and Protective Association have reached an agreement in regard to the under-construction Youngstown-area racetrack that will replace Beulah Park.
Total on-site pari-mutuel wagering at Delaware Park in 2013 totaled $149.2 million, down 4.1% from $155.5 million in 2012, according to the annual report released Feb. 6 by the Delaware Thoroughbred Racing Commission.
Racing stakeholders and government officials Feb. 4 publicly stated their opposition to legislation that would shift 15% of video lottery and table games revenue to fund other programs in West Virginia.
It appears rather than having one percentage for the amount of revenue that goes to purses from video lottery terminals, Ohio could have a different number for each of its seven racetracks.
Construction of a new racetrack gaming facility in the Mahoning Valley is well under way, but the track's owner and the Ohio State Racing Commission continued a battle over a commitment on the number of stalls Jan. 23.
Hollywood Casino at Charles Town Races plans to ask state regulators Jan. 21 for approval to spend almost $200,000 for surveillance equipment for its stable area.
MGM Resorts International has won a three-way race for a license to build a resort casino in Prince George's County, Md., just south of Washington, D.C. And the future of a racetrack remains up in the air.
Ohio breeding programs grew in 2013 and are expected to continue that trend in 2014, according to Ohio State Racing Commission statistics.
With a deadline fast approaching, Ohio racetracks and horsemen's groups indicated Dec. 19 they are close to having definite deals on the percentage of video lottery terminal revenue that will go to purses.
The Ohio State Racing Commission Dec. 19 postponed granting a new racetrack gaming facility a 2014 racing permit because its owners have decided not to have pari-mutuel clerks for live or simulcast racing.
A New Jersey Senate committee Dec. 9 approved legislation that would authorize historical race wagering, also known as Instant Racing, at the state's racetracks, off-track wagering parlors, and casino race books.
The New York Racing Association is finalizing a "fresh look" budget for 2014 that will hike fees imposed on simulcast partners and raise prices for racetrack admission and parking while cutting a number of expenses.
Time is running out for Ohio racetracks and horsemen's groups to agree on the percentage of video lottery terminal revenue that will go to purses and breed development programs.
New York voters Nov. 5 authorized the state to license up to seven new commercial casinos, the biggest casino gambling expansion in state history.
Officials with Belterra Park's parent company said they want the rebuilt facility to not only be the premier racetrack in Ohio, but in the surrounding area.
The Ohio State Racing Commission was unable to act on 2014 racing dates at its Sept. 24 meeting, but a horsemen's representative said negotiations on dates are progressing.
The New York Racing Association reported net income of $8.2 million for the first six months of 2013, up 2% from the same period in 2012 because of an increase in video lottery terminal revenue and a decrease in expenses.
Interests representing racing, real estate, and casino industries opened their wallets wide open to pay for lobbyists and campaign donations during a final frenzy when New York officials approved casino expansion plans.
The Ohio Supreme Court has agreed to hear arguments on whether a public policy group that had filed suit over the 2011 law that authorized video lottery terminals at Ohio racetracks has standing to appeal.
Penn National Gaming Inc. reported a net loss of $12.2 million for the second quarter of 2013, compared with a profit of $69.6 million for the three months in 2012.
The lack of an agreement on a revenue split from video lottery terminals continues to keep the signal from ThistleDown Racino from being exported outside of Ohio.
The West Virginia Racing Commission June 18 unanimously approved an "interagency agreement" that will allow it to request assistance from the West Virginia Lottery Commission.
The Ohio Roundtable said June 21 it will not file a memorandum in reply to the state's request that the Ohio Supreme Court not hear the public policy group's appeal of a lower court ruling that rejected its challenge to VLTs.
New York Gov. Andrew Cuomo's plan to create gambling competition for racetrack-based casinos was a topic of an hour-long, closed-door meeting June 18 with legislative leaders trying to end the 2013 legislative session.
Gov. Andrew Cuomo is playing a new game of hardball with racetrack-based casinos in New York by sending them a simple message: get on board with his plan or face additional competition from facilities located nearby.
A New Jersey lawmaker has introduced a bill to authorize historical race wagering, also called Instant Racing, at racetracks, off-track wagering facilities, and casinos in the state.
Ohio's two operating racetrack casinos reported revenue increases in May when compared with the previous month, according to Ohio Lottery Commission documents.
Unveiling further details on his casino expansion plans, New York Gov. Andrew Cuomo proposed the first three facilities be located in upstate regions and that successful developers pay an upfront $50 million franchise fee.
The Ohio Attorney General's Office May 28 asked the state Supreme Court to reject an appeal filed by a public policy group that is challenging the constitutionality of a 2011 law that authorized VLTs at racetracks.
A New York racetrack hoping to be considered for a full-scale casino announced a $30 million development project that will include a hotel, event center, and upscale restaurant.
Sen. John Bonacic, chairman of the New York Senate Racing, Gaming, and Wagering Committee, introduced a measure May 23 to ban casinos on Long Island and New York City, except the borough of Queens.
A request for authorization for an economic study on Thoroughbred and Greyhound racing and breeding in West Virginia shed light on the friction between the racing and gaming sectors in the state.
The West Virginia Racing Commission May 21 rejected a controversial interagency agreement that owners, trainers, and breeders claim would have put the state Lottery Commission in charge of Thoroughbred and Greyhound racing.
The Ohio Attorney General's office has asked the state Supreme Court not to hear an appeal by a public policy group challenging the 2011 law authorizing video lottery terminals at racetracks.
The Maryland Jockey Club expects to begin construction on new barns at Laurel Park this year as part of a long-term capital improvement plan, but it is holding off on announcing details of renovations at Pimlico Race Course.
Penn National Gaming Inc. has submitted a formal proposal to build a $700 million casino and resort on the grounds of Rosecroft Raceway, a harness track located just south of Washington, D.C., in Prince George's County, Md.
Gov. Andrew Cuomo said there is a big enough appetite for gambling in New York to permit the state to expand casino operations while protecting the interests of existing racetrack-based casinos.
With strong assistance from its video lottery terminal operation at Scioto Downs in Ohio, MTR Gaming Group greatly reduced its net loss for the first quarter of 2013 compared with the same period in 2012.
Several of New York's racetrack gaming facilities would be first in line for full-scale casinos under legislation being finalized by Senate Republicans in the state legislature.
The New York Gaming Association April 29 released a report that shows its nine racetrack-based casino facilities generated $1.8 billion in gross gaming revenue in 2012 and turned over $823 million in taxes to the state.
The West Virginia Racing Commission April 16 approved the expenditure of more than $2 million for projects and promotions at two racetracks.
The Ohio State Racing Commission April 16 once again deferred action on a proposal to transfer the River Downs meet to Beulah Park because horsemen and Penn National Gaming Inc. have no contract for the meet.
The Ohio Horsemen's Benevolent and Protective Association has informed Thistledown it won't grant the track approval to export its signal when live racing begins April 19 because it has no deal with horsemen on VLT revenue.
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