Kentucky News - Page 15

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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.’

Kentucky Lottery's Future Uncertain

20 April 2004

News Brief: Even as they celebrated the 15th anniversary of the start-up of the Kentucky Lottery, lottery officials acknowledged an uncertain future yesterday.

Kentucky House Rejects Wagering Hub Bill

30 March 2004

News Brief: The Kentucky House of Representatives killed a bill that included a Senate-added amendment that would have allowed the state to set up a wagering hub possibly at the Kentucky Horse Park on Monday night.

Kentucky Legislators: Greed Killed Casino Bill

24 March 2004

ews Brief: Kentucky legislators claim greed and resistance by the horse racing and breeding industry put a casino bill on the shelf for the 2004 session. Industry officials disagree with that perspective.

Kentucky Bill Doomed

9 March 2004

News Brief: The House sponsor of legislation to bring casino gambling to Kentucky said yesterday the bill is unlikely to pass during this session of the General Assembly.

Casino Issue Splits Kentucky

8 March 2004

News Brief: In the geographic center of Kentucky, Danville residents last week reflected the split in Kentucky over expanded gambling and whether it would help the state in the long run.

Indiana Downs Responds to Kentucky Ban

5 March 2004

ews Brief: If Indiana Downs’s new off-track betting parlor cannot carry Kentucky races, then the Shelbyville, Indiana, track does not want any wagering facility in the state to take Kentucky races.

Kentucky Casino Bill Goes to House

4 March 2004

News Brief: Legislation to legalize casino gambling in Kentucky is likely to go to the House next week.

Kentucky Promotes Horse Industry

3 March 2004

News Brief: Kentucky Governor Ernie Fletcher has assigned Commerce Secretary Jim Host with the job of promoting the horse industry.

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