Industry News

YESTERDAY February 10, 2012
Churchill Downs has purchased a multimedia poker company, along with the company’s registered domain sites, in a transaction that signals the company will move more aggressively in lobbying to support a federal proposal to legalize online poker.
A federal judge in Lexington has declined to alter a November ruling in favor of Lane’s End Stallions in a lawsuit that Jerry Jamgotchian’s KNC Investments filed over a share in the stallion Lemon Drop Kid.
With legislation that would advance the legalization of casino gambling imminent, Churchill Downs Inc. has purchased an additional 5 percent stake in Kentucky Downs.
February 09, 2012
A group of industry organizations has launched a non-profit company that will serve as an accrediting body for so-called “aftercare organizations” that provide homes for horses that have been retired from racing, the organizations announced Thursday.
February 08, 2012
A budget prepared by Pennsylvania Gov. Tom Corbett has proposed that the state use $72 million in casino subsidies to the racing industry in each of the next three years to pay for agriculture projects.
February 07, 2012
Organizations representing New York’s Thoroughbred horsemen and breeders have joined with harness and agriculture associations to lobby for their interests in an increasingly pro-gambling environment in the state.
February 04, 2012
Wagering on U.S. races during the month of January declined only slightly compared to wagering during January of last year, and the decline compared favorably to a larger decline in race days during the month.
January 05, 2012
2011 Eclipse Awards: Ken and Sarah Ramsey