racinos

Churchill Downs, Keeneland Break Ground On Oak Grove Racing & Gaming Venue

Churchill Downs Incorporated (“CDI”) (Nasdaq: CHDN), in partnership with Keeneland Association (“Keeneland”), broke ground today on a $150 million, state-of-the-art, live and historical horse racing venue in Oak Grove, Kentucky. CDI and Keeneland also unveiled the name and branding for the venue, which will be called Oak Grove Racing & Gaming. The new facility will […]

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Falcone, Winchell Tandem Officially Takes Over Kentucky Downs

Ron Winchell and Marc Falcone officially are the new owners and managing partners in Kentucky Downs, finalizing the purchase of the racetrack and year-round entertainment center from the investment group that purchased the facility in 2007. Winchell and Falcone bought Kentucky Downs’ assets through their new company, Kentucky Racing Acquisition LLC. Terms of the sale were […]

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Indiana Tracks Could Get Live Casino Dealers This Year, Sports Betting In 2020

A bill moving through Indiana’s legislature would allow the racinos Indiana Grand and Hoosier Park to offer table games with live dealers this year and sports betting across the state in 2020. The potential developments are part of a measure passed by a state Senate committee last week which would overhaul Indiana’s gambling industry. Another […]

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Battle Over Historical Horse Racing Rages On In Nebraska

In the face of mounting pressure from the state, the Nebraska Racing Commission this week reversed course and for now, is not allowing historical horse racing machines at Fonner Park. The commission voted last fall to permit the machines but has backed off following statements from Attorney General Doug Peterson, who said the commission did […]

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Live Racing To Return At Virginia’s Colonial Downs Next Summer

Colonial Downs Group is pleased to announce licensing today by the Virginia Racing Commission to return live racing to the Commonwealth along with approval to open a 600-unit historic horse racing (HHR) operation in New Kent County. “Rosie’s” at Colonial Downs anticipates opening in mid-April, while Colonial Downs in conjunction with the Virginia Equine Alliance […]

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Kentucky Family Foundation Appeals Judge’s Ruling On Historical Racing Machines

The Kentucky Family has filed an appeal over a circuit judge’s ruling in October that historical racing machines are pari-mutuel and do not violate state gambling laws. The Family Foundation has asked the long-running case to be transferred to Kentucky’s Supreme Court. The conservative group argues Judge Thomas Wingate’s ruling is faulty in drawing the […]

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Illinois Racing Board Approves Rules For Historical Horse Racing

Racing officials in Illinois okayed proposed rules Thursday that would allow historical horse racing machines in the state. The decision by the Illinois Racing Board comes after former attorneys for the group said they did not have permission to move forward under state law. The proposal now heads to the Illinois state legislature’s rules committee. […]

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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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Idaho Voters: Historical Horse Racing A No-Go

Voters in Idaho Tuesday turned back a measure that would’ve allowed historical horse racing machines in the state. The state’s racing industry pushed for the initiative, as tracks in other states have, in the hope of subsidizing the racing product. But a group of staunch opponents of Prop 1 won over voters’ minds. “Today’s vote […]

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The Friday Show Presented By The Match Series: Gambling On The Future?

In recent years, racetracks across the country have pursued supplemental revenue sources in various forms — slot machines, casino gaming, historical racing and now sports betting. In this week’s edition of The Friday Show, Scott Jagow and Ray Paulick discuss the backstory and latest developments with historical racing and share their thoughts on where sports […]

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