racino

Commentary: Expect ‘Significant Upgrades’ After Caesars Purchase Of Centaur Properties

Earlier this week, Caesars Entertainment announced its plan to purchase Centaur Gaming, encapsulating both the Indiana Grand and Hoosier Park racinos in the state of Indiana. According to The Herald Bulletin, industry analysts expect to see positive changes in the two properties, provided that the Indiana Gaming Commission and Indiana Horse Racing Commission approve the deal. […]

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Blue Grass Farms Charities To Host ‘Racino’ Night Benefiting Industry Laborers

The Blue Grass Farms Charities is a 501(c)(3) non-profit organization based in central Kentucky dedicated to serving the needs of Thoroughbred industry laborers and their families. Founded in 2003, the charity provides food and clothing assistance, housing assistance, hospital and home visits, weekly fresh produce distribution, on-site health clinics and screenings, health care referrals, bereavement […]

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West Virginia House Advances Bill To Stop Casino Updates

House Bill 4271 would end a West Virginia program called the Licensed Racetrack Modernization Fund four years earlier than the program was set to expire. A committee advanced the bill, which was reported to the full House on Saturday according to wvpublic.org. The program sets aside state funding for updates to casinos and casino games […]

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Suffolk Downs: It Took 3,000 People to Build, Three to Shut It Down

There’s an old joke among economists about the difference between a recession and a depression. A recession is when your neighbor has lost his job, and a depression is when you’ve lost your job. Well, for over 100 employees of Suffolk Downs – not to mention numerous trainers, grooms, hot walkers, exercise riders, jockeys and others […]

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Pennsylvania Faces Budget Crisis, Auditing Slots Fund for Horse Racing

In the face of a budget deficit that could reach $1 billion, Pennsylvania Auditor General Eugene DePasquale is in the process of auditing the Pennsylvania Race Horse Development Fund, which has received a reported $1.6 billion since casinos first opened in the Keystone State a decade ago. DePasquale, expected to release a report in early […]

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Belterra Racino a ‘Catalyst’ Toward Development in Cincinnati

The $300 million Belterra Park Gaming & Entertainment Center opens May 1, and officials are hoping that it draws a lot of traffic to riverside Kellogg Avenue. Belterra, which was remade from its former existence as River Downs, is projected to bring 688,000 more vehicles a year to Kellogg, a 15.2% increase in traffic. “We’ve […]

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Prairie Meadows Plans to Block Iowa Casino License

The Prairie Meadows board of directors voted unanimously on March 19 to oppose a proposed casino in Jefferson, Iowa, that it estimates could reduce its gaming revenue by $12.8 million a year. In addition to Prairie Meadows’ estimates, the Iowa Racing and Gaming Commission ordered two studies to examine the potential impact of the casino, […]

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Suffolk Downs, HBPA Come to Agreement on Live Racing Pending Commission Decision

The New England Horsemen’s Benevolent and Protective Association has accepted Suffolk Downs’ contingent proposal for live racing in 2014. Suffolk Downs agreed to hold live racing for at least four months, scheduled from May 3 through Sept. 1, 2014. The exact details of the meeting will have to wait until the Massachusetts Gaming Commission rules on […]

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Ohio’s School-Benefiting Racinos Mean Less Revenues for Cities, Counties

  A number of cities and counties in Ohio could face budget shortfalls as more racetrack casinos open in the state. In an Associated Press story published on Cleveland.com, many municipalities have seen drops in local casino takes, meaning less money for city and county coffers. Local leaders say the overall decline in casino revenue […]

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Favre Named Presque Isle’s New General Manager

MTR Gaming Group, Inc. – parent company of Mountaineer Casino, Racetrack and Resort and other gaming holdings – announced that senior industry executive Jeff Favre has been appointed Vice President and General Manager of Presque Isle Downs and Casino in Erie, Pa. Brother of football legend Brett Favre, Jeff has previously served as the Director […]

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