Keyword: VLTs

  • Ohio Racetrack Relocation Rules Expedited

    Gov. John Kasich signed another executive order Oct. 20 that allows the Ohio State Racing Commission to adopt regulations governing eligibility for racetracks to install video lottery terminals and to request relocation.

  • 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.

  • Stronach Group in Maryland Casino Venture

    The Stronach Group, which owns Laurel Park and Pimlico Race Course in Maryland, is part of a group that has filed an application to construct a video lottery terminal casino in downtown Baltimore.

  • OH Lottery Preparing for Racetrack VLTs

    The Ohio Lottery Commission said Sept. 26 it plans to have video lottery terminals installed at some of the state's racetracks perhaps by January 2012.

  • VLT Revenue Splits Remain Issue in Ohio

    Racetracks and horsemen's groups in Ohio continue to wrestle over how much purses and breed development programs will receive from track-based video lottery terminals, which were legalized earlier this year.

  • 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.

  • 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.

  • 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.

  • Aqueduct

    NYRA, Casino Firm Have Aqueduct Dining Deal

    The New York Racing Association has struck a deal with Resorts World Casino New York by which the gaming company will operate some concessions at Aqueduct, which is being redeveloped to accommodate 4,500 gaming machines.

  • Aqueduct

    NY Racing, Breeding Subject of August Forum

    The New York Thoroughbred Breeders, Fasig-Tipton, and New York Racing Association during an Aug. 13 forum will discuss the future of New York racing and breeding after video lottery terminals begin operating at Aqueduct.

  • Instant Racing VLT

    Ohio Racetrack VLTs Called 'Moving Target'

    With Republican Gov. John Kasich preparing to sign legislation authorizing racetrack video lottery terminals and horse industry representatives already discussing strategy, a public policy group is ready to fight the plan.

  • Ohio Policy Group: VLT Plan Violates Law

    The Ohio Roundtable, a public policy organization, said an agreement between Republican Gov. John Kasich and casino developers that includes a provision for racetrack gaming is a "clear violation" of Ohio law.

  • Federal Policy Shift of Concern in New York

    The racing industry in New York expressed concerns about new, potent competition after the Obama administration reversed course on federal policy that had blocked Indian tribes from building off-reservation casinos.

  • OH Casinos Move Forward; Racetrack VLTs Next?

    Ohio Gov. John Kasich has reached an agreement that will resume construction on casinos in Cincinnati and Cleveland -- and according to published reports permit video lottery terminals at the state's seven racetracks.

  • Racino Legislation Introduced in Minnesota

    Minnesota state Senator Dave Senjem (R-Rochester) and Representative Bob Gunther (R-Fairmont) introduced legislation that would permit the operation of video lottery terminals at Minnesota's two state-regulated racetracks.

  • VLT Licensing Debacle Revisited in Maryland

    The Maryland horse industry continued to make its case for assistance March 16, urging the Senate Budget and Taxation Committee to pass legislation that would shift some revenue from VLTs to support racetrack operations.

  • WV Bill Spares Racing, Breeding From Cuts

    Legislation that would have diverted gaming funds from several recipients including horse and dog racing in West Virginia has been altered to instead use excess video lottery terminal revenue.

  • Plan to Move OH Tracks Not Without Opposition

    Two of Ohio's oldest racetracks could be relocating to other Buckeye State cities if owner Penn National Gaming Inc. has its way, but the moves won't come without opposition.

  • PNGI Continues Looking for Growth Markets

    Penn National Gaming Inc. said 10 of its 15 gaming properties increased net revenue and that it intends to "expand its presence to any jurisdiction considering the expansion of gaming."

  • Carlino: 'We're Not Running Public Charity'

    Penn National Gaming Inc. believes racetrack gaming can be a major economic driver but shouldn't be viewed as a means to increase pari-mutuel wagering on racing, company president Peter Carlino said.

  • PNGI Explores Option to Move Ohio Tracks

    Penn National Gaming Inc. confirmed Jan. 21 there is a possibility it may attempt to relocate one or both of its Ohio racetracks to avoid competition with full-scale casinos the company is building nearby.

  • Mahoning Valley Downs and Resort

    New OH Track Plan Appears to Have Way to Go

    The group planning a racetrack, casino, and resort in northeastern Ohio said Jan. 18 "everything will fall into place," but a presentation made during a press conference indicated the project has a long way to go.

  • Laurel Park

    Maryland Commission Suggests Gaming Changes

    A commission overseeing development of video lottery terminal parlors in Maryland said Jan. 11 the state should examine ways to attract more interest in available gaming licenses and study similar operations in other states.