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GCGC Announces First-Quarter Results

May 11, 2012:

On Wednesday, May 9, the Great Canadian Gaming Corp., owner operator of Flamboro Downs, Georgian Downs and Fraser Downs, announced an opening-quarter net loss of $31.9-million in spite of a 12 per cent rise in revenue...read on

Racino Table Games Bolster PA Revenue

April 18, 2012:

On the heels of a record amount of monthly revenue for slot machines during March of this year, the Pennsylvania Gaming Control Board has announced that revenue for table games that same month was also an all-time high...read on

PA Casinos See Rise In Gross Revenue

January 19, 2012:

With an additional $55.8 million in revenue in December from table games play at Pennsylvania’s 10 casinos, the Pennsylvania Gaming Control Board has announced that the total combined gaming revenue from slot machines and table games generated in 2011 topped $3 billion...read on

New Monmouth Deal On The Table

December 19, 2011:

On Friday, December 16, New Jersey thoroughbred horsemen and the office of Governor Chris Christie laid out details for a new Monmouth Park deal after a lease agreement for the state-owned track to real estate executive Morris Bailey fell through following a dispute with the New Jersey Thoroughbred Horsemen’s Association...read on

Indiana Racing Has Big Economic Impact

November 21, 2011:

A recent study by Purdue University has determined that the equine industry in the state of Indiana carries a $2-billion per-year economic impact...read on

Northern NJ Gaming Dollars Heading West

November 14, 2011:

According to a report, one third of the massive gaming revenues at Pennsylvania's Mount Airy Casino Resort and Sands Casino Resort come from residents of Northern New Jersey. The gaming operators not only actively market the NJ residents, but they also closely watch the gaming landscape over the border...read on

Simulcasting Issue In Maryland?

May 12, 2011:

It has been reported that Penn National Gaming, the company which earned the right to operate Rosecroft Raceway, has made a proposal to the state thoroughbred industry to evenly split all net simulcasting revenue produced at Rosecroft on any thoroughbred simulcast racing from out of state. There has yet to be a response from the...read on

Pinnacle Shuts For Rest Of 2011

May 5, 2011:

It has been reported that there will be no more live racing or simulcasting taking place this year at Pinnacle Race Course....read on

Gural To Meet With NJ Officials Friday

April 28, 2011:

On Thursday afternoon, prospective Meadowlands Racetrack operator Jeff Gural issued a very concise press release informing the harness racing industry that he will be meeting with New Jersey officials on Friday...read on

Gural Explains T-Bred Simo. Revenue Desires

April 28, 2011:

It has been reported over the course of the past few days that the thoroughbred horsepeople in the state of New Jersey want a bigger cut of simulcasting revenues from the Meadowlands Racetrack. Jeff Gural has now gone on the record and explained some of the specifics of the issue...read on

ORC Releases General Directive No. 1/2011

February 28, 2011:

On Monday, February 28, the Ontario Racing Commission released General Directive No. 1/2011 (Equine Medication Control and Drug Task Force) which sets the new annual allocation of revenue contributions of...read on

Job Losses Coming At Suffolk Downs?

February 8, 2011:

According to a report, the president of the union which represents workers at Suffolk Downs has warned that the jobs of the members could be put at risk if the contract for live racing at the track this year is not worked out...read on

MD Slot Revenue To Offset Track Overhead?

January 28, 2011:

The office of Maryland Governor Martin O'Malley this week proposed legislation which would see proceeds from slots gaming funnelled to the Laurel and Pimlico racetracks for thoroughbreds in order to offset operating costs...read on

Cloverleaf Suing Maryland T-Bred Industry

July 19, 2010:

Cloverleaf Enterprises, the operator of Rosecroft Raceway, is suing Maryland's thoroughbred racing industry, citing conspiracy and monopolization. The move has spurred lawmakers to consider legislation which would force the state's T-Bred tracks to send their signals to...read on

DiNapoli: NYRA Needs Slot Revenue

July 12, 2010:

New York State Comptroller Thomas DiNapoli has been quoted as saying that racetrack operator New York Racing Association Inc. will face insolvency without slot...read on


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