Slot machines

Thoroughbred Idea Foundation: Pennsylvania Racing Must Take Control Of Its Own Future As Woodbine Has

Pennsylvania Governor Tom Wolf has revealed his proposed budget for the 2020-2021 fiscal year. In his public remarks, Gov. Wolf suggested $200 million should be redirected from the state’s Race Horse Development Trust Fund (RHDTF) towards a new college scholarship program. “Let’s bet on our kids instead of bankrolling race horse owners,” said Gov. Wolf. […]

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Illinois Governor Signs Gaming Bill Into Law

Illinois Gov. J.B. Pritzker signed Senate Bill 690, the gaming legislation recently approved by legislators, into law on Friday, and the state’s tracks now have the authority to host slot machines and other casino-style games for the purpose of generating additional revenue to boost purses. The horse racing portion of this new law, which represents […]

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New Mexico: Five Bidders Hoping To Snag One Remaining Racino License

Racetracks across the country have closed in recent years but in New Mexico, five companies have submitted proposals to build a new one. They’re all vying for one available license to operate a racino. The New Mexico Racing Commission is under no obligation to offer the license to any of the bidders, but later this […]

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Fort Erie, Dresden Tracks Sign Deal For ‘Additional Financial Support,’ But Not Slots

The Ontario Minister of Finance’s office issued a press release on Friday announcing that both “Fort Erie and Dresden race tracks elected to receive additional financial support for horse racing operations but declined to accept slots at those facilities.” According to niagrathisweek.com, the Ontario Lottery and Gaming Corporation and the Fort Erie Live Racing Consortium signed a […]

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Digital Improvements At Ruidoso Include HD Video As Well As New Slots, Website

At Ruidoso Downs, Billy The Kid Casino will install 100 new slot machines by opening day May 25th, and the track also deployed a newly developed website. The new slot machines will offer the latest technology from Aristocrat, Ainsworth, IGT, Bally’s and Konami. The renovation upgrades one-third of the entire casino floor to give patrons some of […]

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The Friday Show Presented By NYRA’s Loyalty Program: Dangerous Liaisons?

The Philadelphia Inquirer posted a scathing editorial this week, denouncing Pennsylvania’s casino subsidies for the horse racing industry as “a staggering amount of corporate welfare.” It’s not the first time newspapers or lawmakers have criticized the funneling of slots money into the sport. In today’s edition of The Friday Show, Scott Jagow and Ray Paulick […]

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Finger Lakes 2017 Season Still ‘Up In The Air’

Horsemen at Finger Lakes still do not know when the 2017 season of racing will begin, reports whec.com. The upstate New York racetrack typically kicks off its season in April, but opening dates have not yet been announced. “It’s up in the air. It’s difficult,” said trainer Jon Buckley, active at Finger Lakes since 1977. […]

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Opinion: Decoupling Revenue Estimation Conference An ‘Entirely One-Dimensional Exercise’

A revenue estimating conference held Friday in Florida performed a fiscal review of the gaming bills coming before the House and Senate, which includes decoupling horse racing from gaming. According to Nancy Smith of sunshinestatenews.com, the panelists failed to examine the impact that decoupling would have on the state’s horse racing industry. “It was an […]

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The Friday Show: A Not-So-Funny Valentine

Over the past couple of decades, many racetracks have been lured by the siren’s song of casino revenues to help keep the racing product in good form. The union of the two has gone well at times, but we’ve seen recently break-ups that have turned ugly. Florida appears on the brink of a relationship fiasco […]

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