kentucky downs

Churchill: No Instant Racing for now

While two other Kentucky tracks have decided to pursue Instant Racing, Churchill Downs is taking a wait-and-see approach.  During a conference call Thursday on second-quarter earnings, Churchill Downs Inc. CEO Bob Evans said the company has no plans to install Instant Racing this year.  Evans said his company is concerned whether Instant Racing would have […]

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Horsemen to lend $300,000 to Kentucky Downs for Instant Racing

Kentucky horsemen will lend about $300,000 to Kentucky Downs to cover the costs of launching Instant Racing this fall.  The money will be drawn against future revenues from Instant Racing which would otherwise go to purses. Kentucky Downs is moving ahead with the gaming terminals, even though a court case challenging their legality is pending.  […]

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Ellis Park next up for Instant Racing

Ellis Park plans to join Kentucky Downs in an effort to install Instant Racing terminals by the end of the year, even though a court appeal on the issue is still pending.  The Kentucky Horse Racing Commission has already approved Kentucky Downs’ request to install 200 machines, which allow bettors to wager on previously run […]

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Regulators approve Instant Racing at Kentucky Downs

Members of the Kentucky Horse Racing Commission Thursday afternoon okayed an application by Kentucky Downs to install Instant Racing.  The application is for 200 Instant Racing terminals, which allow people to bet on previously run races. The track anticipates investing $3 million and adding 85 new employees.  The plan is to have the machines in […]

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Kentucky Downs moving forward with Instant Racing

While the ruling by the Circuit Court of Franklin County is still in the appeals process, Kentucky Downs is the only racetrack committed to installing Instant Racing machines in the near future according to Tom LaMarra of the Blood-Horse. Other tracks have either declined altogether until the ruling is final or still weighing their options.

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Instant Racing and the Commonwealth of Kentucky

No matter how you measure it, Kentucky is the Thoroughbred capital of the world. Best stallions, highest number of foals, leading producer of stakes winners around the world, biggest sales, most sophisticated veterinary care.  And the entire sports world finds itself fixated on Churchill Downs on the first Saturday in May each year for the […]

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KENTUCKY DOWNS MEET CONCLUDES WITH HANDLE INCREASES

PRESS RELEASE Kentucky Downs concluded its 18th season of live turf racing today with increases in both the total live handle and the live on-track handle. The total handle (money wagered on track and off track) on live races at Kentucky Downs was $4,473,195, a 14% increase over 2009.    The on-track live handle was also […]

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Weekend Stakes: Where to Watch brought to you by West Point Thoroughbreds

As many racing circuits transition this week and segue into fall meets, the graded stakes schedule is on the light side, but all the races on Saturday may have Breeders’ Cup implications. Kentucky Downs, near the Tennessee border in Franklin, opens its meet with the Kentucky Cup Turf Festival, punctuated by the Grade 3 Kentucky […]

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PAULICK REPORT FORUM brought to you by Breeders’ Cup: INSTANT RACING AND A CRYSTAL BALL

By Ray Paulick Corey Johnsen led an investment team that purchased Kentucky Downs racetrack near the Tennessee border in 2007. The former head of Lone Star Park in Texas also invested in breeding stock when he moved to Kentucky and purchased part of Richland Hills Farm with Nathan Fox. Last week, Johnsen talked about a […]

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