Kentucky News - Page 14

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Kentucky Lottery has Unique Role

26 January 2005

News Brief: The Kentucky State Lottery Corp. is a unique entity that is a hybrid - part business, part state government, part state-sanctioned gambling operation and part non-profit scholarship and grant underwriter.

Kentucky Lawmakers Reconsider Gambling Expansion

3 January 2005

News Brief: Lawmakers may once again consider whether to broaden gambling at horse tracks and allow stand-alone casinos in Kentucky.

Kentucky Casino Backers Hopeful For 2006

22 December 2004

Northern Kentucky developer and casino gambling advocate Jerry Carroll, who owns Kentucky Speedway and formerly owned the Turfway Park thoroughbred track in Florence, believes the state legislature will vote on legalizing casino gambling in 2006.

Kentucky Looks at Expanding Gambling

20 December 2004

News Brief: For the first time since taking office, Governor Ernie Fletcher's administration is conducting an in-depth study of expanded gambling in Kentucky, which some proponents are taking as a sign their day may finally be coming.

Illegal Video Gambling Examined

13 December 2004

News Brief: A Kentucky newspaper spent nine months examining illegal video gambling in Kentucky and Indiana. It reviewed hundreds of records in the two states and interviewed dozens of government and industry officials.

Kentucky Casino Bill Pushed Back

8 December 2004

News Brief: Measures to legalize casino gambling have been prefiled for the 2005 Ohio legislative session, but a Democratic House leader who supported passage of a bill in the 2004 session says the timing isn't right this time around.

Belterra Renews Deal with Kentucky Speedway

8 December 2004

Belterra Casino Resort & Spa will maintain its status as the ‘Official Hotel and Casino of Kentucky Speedway’ through 2007 thanks to a new marketing partnership.

Churchill Down Sees Mixed Results

29 November 2004

Churchill Downs saw increases in on-track attendance and wagering while total wagering registered a slight decline from a record total as the historic track's "Fall Festival Of Racing" completed its 21-day run on Saturday, Nov. 27.

Officials Say Kentucky Thoroughbred Industry Falling Behind

3 November 2004

News Brief: Members of the Kentucky Equine Education Project (KEEP) say the state needs to address the declining health of the Thoroughbred industry in Kentucky.

Churchill Downs Reports Loss

20 October 2004

Churchill Downs reports net loss for Q3 was $3.8 million, compared to earnings of $7.9 million in Q3 2003.

Churchill Downs Sells Stake in Kentucky Downs

20 October 2004

Churchill Downs has sold a 19-percent stake in Kentucky Downs, including debt owed to CDI, to Kelley Farms Racing.

Churchill Downs Revises Earnings Forecast

12 October 2004

Churchill Downs is revising its earnings outlook for Q3 2004 and further lowering its outlook for the full year to reflect increased spending on alternative gaming efforts and special, non-cash impairment charges for Ellis Park due to softness in business at that racetrack.

Fair Grounds Race Course Names New Director

8 October 2004

Churchill Downs Incorporated has named D. Ben Huffman director of racing and racing secretary for Fair Grounds Race Course in New Orleans, Louisiana.

Kentucky Downs Former Shareholders Awarded $44 Million

28 September 2004

News Brief: The former shareholders of the company that operated Dueling Grounds Race Course in Franklin, Kentucky, now known as Kentucky Downs, were awarded a total of $44-million in damages when a Simpson County jury concluded they were the victims of fraud.

Most Kentucky Candidates Support Expanded Gambling

13 August 2004

News Brief: Three of four Northern Kentucky legislative candidates participating in a forum Wednesday said they would be open to expanded gambling as a way to boost the economy of the state and region if voters ratified that idea.

Ellis Park Reports Changes

26 July 2004

Due to a decline in wagering, Ellis Park officials have announced a five percent reduction in all overnight purses and a cancellation of three stakes events.

Kentucky Unlikely Prospect for Casinos

15 July 2004

News Brief: Through tribes in neighboring states are building casinos, Kentucky remains an unlikely place for tribal gaming any time soon.

Churchill Downs Exec Violated Ethics Law

28 May 2004

News Brief: Kentucky’s Ethics Commission have ruled that Bernie Hettel violated state ethics law when he took a job with Churchill Downs after resigning in January as the Kentucky Horse Racing Authority’s executive director and chief racing steward.

Fans Can Request Reserved Seats for 2005 Kentucky Derby Online

6 May 2004

Horse-racing fans hoping to secure reserved seats to the 2005 Kentucky Derby can now apply for tickets with only a few clicks of a computer mouse.

Kentucky Derby Break North American Wagering Record

3 May 2004

Total wagering on the 130th Kentucky Derby and the Derby Day racing card at Churchill Downs smashed a North American record for total betting on an individual event and a single day of races that had been established in the 2003 renewal of the famed ’Run for the Roses.’

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