Double-digit declines in betting at wagering sites on the East Coast and in the Mid-Atlantic that had been impacted by Superstorm Sandy depressed handle on last weekend’s Breeders’ Cup races, officials said Friday.
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David Skorton, the Cornell University president who was recently appointed by Gov. Andrew Cuomo as the new chairman of the New York Racing Association board, said on Wednesday that all meetings of the NYRA board would be open to the public.
Maryland voters narrowly passed a referendum on Tuesday authorizing a new casino near Washington D.C. and allowing the state’s casinos to operate table games such as blackjack and roulette, according to state election returns.
Churchill Downs Inc. had net income of $6 million in the third quarter of 2012, down 70 percent from net earnings of $19.7 million in the same quarter of last year, largely because last year’s quarterly results were boosted by $19.3 million in revenue from a one-time distribution, according to financial statements released late Monday.
Betting on U.S. horse races in October of this year was down 8.8 percent compared with betting in the same month in 2011, according to figures released on Monday be Equibase.
Total commingled handle on the nine Breeders’ Cup races Saturday at Santa Anita Park dropped 8.8 percent compared with last year's event at Churchill Downs, according to a chart-by-chart analysis of the races.
Six days before statewide elections for the Kentucky Senate and House of Representatives, Gov. Steve Beshear, a Democrat, said that he would push for legislation in the short 2013 legislative session calling for a referendum on the establishment of casinos in the state.
Ocala Breeders’ Sales Company in Marion County, Fla., plans to run a Quarter Horse race and a Thoroughbred race on Dec. 11 to activate a 25-year-old permit for Quarter Horse racing that would allow the track to pursue a card room or other forms of gambling that might one day be legalized for permit holders, officials of the company confirmed on Thursday.
Churchill Downs Inc. has closed its acquisition of a casino in Vicksburg, Miss., following approval of its gambling license from the state’s gambling commission.
