A request by Kentucky Downs to offer its races this September on a New Jersey betting exchange has been removed from the agenda of an Aug. 15 meeting of the Kentucky Horse Racing Commission, likely scuttling the plan for this year.
Among the legal experts, there is no consensus about whether the Supreme Court will throw out a federal law that largely prohibits states from offering gambling on sports, an issue that is being closely watched by the horseracing industry.
Lawmakers supportive of the New York Racing Association expect to push for legislation giving the association greater power over the composition of its board and its future, the legislators said during a panel on the Saratoga Institute on Equine Racing and Gaming Law conference on Tuesday in Saratoga Springs, New York.
All-sources handle on the first 16 days of the 2017 Saratoga meet is up 5.6 percent while ontrack handle is up 2.3 percent compared to the same time period in 2016.
Despite an additional day of racing, ontrack wagering and all-sources live handle wagering for the 11-day 2017 California State Fair meet at Sacramento declined over the 10-day 2016 meet totals.
A committee of the Kentucky Horse Racing Commission voted on Tuesday to recommend approval of a plan by Kentucky Downs to allow New Jersey customers of an exchange-wagering company to bet on the track’s races, but not before the plan satisfied three requirements.
New Mexico has barred three Quarter Horse trainers who were recently suspended by the Texas Racing Commission for Class 1 racing positives.
Penn National Gaming Inc., the owner of 29 racetracks and casinos across the U.S., had net income of $17.1 million in the second quarter of 2017, according to financial statements released Thursday, as interest payments on a large debt continued to take a chunk out of its bottom line.
The Pennsylvania Horse Racing Commission has upheld a decision by Penn National Race Course in Grantville, Pa., to ban trainer Eduardo Rojas, who is married to a trainer who recently was convicted on 14 charges of misbranding drugs and conspiracy related to horses she trained.
The Stronach Group has asked the Massachusetts state legislature to give the state gambling commission more power to change simulcasting and account-wagering laws in order to pave the way for a proposed partnership on a Thoroughbred meet at the defunct Raynham greyhound track in 2018, an official of the company said on Tuesday.
