Racino | World Casino News

Churchill Downs to “to restore Turfway to its former glory” in $46m acquisition

October 7, 2019

Latest Casino and Gambling News, Horse Racing, Casino News, Gaming Industry News, Casino project updates, Mergers, Acquisitions & Partnerships, Kentucky

Louisville-headquartered racetrack and casino operator, Churchill Downs Inc. (NASDAQ: CHDN), has reportedly entered into an agreement to acquire the Thoroughbred racetrack in Northern Kentucky, Turfway Park, fr...

Ohio records improvements in May casino and racino gaming revenues

Adam Morgan

June 10, 2019

Latest Casino and Gambling News, Economy/Finance, Ohio

The four casinos in Ohio saw their aggregated gross gaming revenues for May rise by 7% year-on-year to $73.5 million while the Midwestern state’s seven racinos continued to perform well as their monthly combine...

AGA event highlights importance of gaming to Pennsylvania economy

Adam Morgan

May 30, 2019

Latest Casino and Gambling News, Economy/Finance, Conferences / Trade Shows, Pennsylvania

The American Gaming Association (AGA) trade group has announced that the twelve casinos and racinos in the state of Pennsylvania collectively support in excess of 33,000 jobs alongside some $1.8 billion in aggr...

Indiana State Senate passes expanded gaming legislation

Adam Morgan

February 27, 2019

Latest Casino and Gambling News, Gaming Law & Legislation, Casino proposals, Casino News, Economy/Finance, Licenses, Online Gambling News, Sports betting, Indiana

In Indiana, proposed legislation that would allow local casino operator, Spectacle Entertainment, to relocate one of its riverboat gambling licenses to a land-based site in the city of Terre Haute has reportedl...

MGM Resorts International hit by New York cancellation

Adam Morgan

January 4, 2019

Casino Sales, Latest Casino and Gambling News, Casino News, Mergers, Acquisitions & Partnerships, New York

The proposed purchase of Yonkers Raceway along with the adjacent Empire City Casino by American casino operator, MGM Resorts International, has reportedly been delayed after the New York State Gaming Commission...

Minnesota racino breaks ground on new hotel

K Morrison

December 12, 2018

Latest Casino and Gambling News, Horse Racing, Casino expansion projects, New Hotels, Minnesota

In Minnesota, the Running Aces Casino & Racetrack recently broke ground on a new 116-room hotel, a joint venture between facility owner RAHP, LLC and franchisor of brands consisting of extended-stay and sel...

Control over casinos increased by the Buenos Aires government in Argentina

K Morrison

May 26, 2016

Latest Casino and Gambling News, Gaming Law & Legislation, Argentina

In an effort to further control and monitor gaming, the government of Buenos Aires has issued a new decree which will mandate that operators publish the financial results of their gambling venues online. The...

Anti-gaming group continues to fight gaming expansion in Nebraska

Marie Kelley

November 3, 2015

Latest Casino and Gambling News, Gaming Law & Legislation, Tribal Gaming, Casino proposals, Horse Racing, Fines, Lawsuits & Litigation, Nebraska

For two decades now, the group Gambling with the Good Life has been fighting efforts to expand gambling in Nebraska. The group is tied to religious leaders in the state and has followed the industry closely, tr...

New York schools lose billions to video lottery casinos and pari-mutuel non-profits

D. Graham

October 5, 2015

Latest Casino and Gambling News, Gaming Law & Legislation, Horse Racing, Casino News, World Casino News, North America Casino News, Crime, New York

In the wake of 9/11, New York passed an emergency law expanding the scope of the state’s lottery to include video lottery terminals (VLT’s), and required that at least 60% of the winnings be funneled into a sta...

“Keep the Money in Nebraska” pushing for legalized casino gaming at race tracks

Marie Kelley

September 29, 2015

Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., Horse Racing, Nebraska

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Keep the Money in Nebraska is a group that is trying to see a gambling expansion take place in the state. To help the struggling thoroughbred horse racing industry, the group has taken steps to push for a vote ...

Real Estate tycoon prepared to invest his own cash to secure New York casino license

Renee Kingsley

September 15, 2015

U.S.A., Casino proposals, Casino openings, Gaming Industry News, Licenses, New York

Billionaire and real estate tycoon Jeffrey Gural is pretty keen on constructing a casino in New York. Gural had applied for a casino license back in 2014 after he submitted a proposal to convert his Tioga Count...

Tioga Downs racino submits application for expansion to casino

Marie Kelley

July 3, 2015

Latest Casino and Gambling News, Casino proposals, Horse Racing, Casino expansion projects, Licenses, New York

Located in the Southern Tier of New York State, the Tioga Downs racino has applied for an expansion to convert the facility into a fully-functioning Las Vegas-style casino. The proposal was submitted on Thursda...

Batavia Downs Hotel Project In The Works

Marie Kelley

March 2, 2015

Latest Casino and Gambling News, U.S.A., North America Casino News, Casino expansion projects

Visitors to Batavia Downs in New York will soon have access to a quality accommodation option on the racetrack combined casino property, thanks to the recent decision to build a hotel on the property. According...

Oceanport joins chorus of voices for casinos outside Atlantic City

Lars Jones

February 23, 2015

Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A.

Even before the last 3 casinos closed in Atlantic City, New Jersey, people in outlying areas were vying for consideration to host casinos. Now that 4 A.C. casinos have closed, the city of Oceanport wants host c...