South Sioux City horse race track to offer gambling

SOUTH SIOUX CITY, Iowa (KCAU) – After decades of rejecting casino gambling, Nebraska voters overwhelmingly approved measures [election day] to allow it at state-licensed horse racing tracks.

There’s been some hurdles along the way for those in favor of legalizing gambling in Nebraska. Back in September, opponents fought hard to keep the issue off the ballot, filing a lawsuit that was rejected by the Nebraska Supreme Court.

“It was a big accomplishment even getting it on the ballot and then once it got on there it approved vary easily and that tells me just looking at it that people are okay with it and are approving it,” said South Sioux City Mayor Rod Koch.

In Nebraska, only limited forms of gambling are currently available like keno.

The initiative passing Tuesday night changes that. The state constitution will now allow slot machines and table gambling at horse tracks in Nebraska…

The Paddy Power Gold Cup; A Look at The Meeting’s Most Prestigious Offering

Sponsorship changes, a comparison it may never win, yet the Paddy Power Gold Cup continues to be a cornerstone event on the horse racing calendar and at the Cheltenham racecourse.

 

Formerly the BetVictor Gold Cup after Paddy Power pulled its sponsorship in 2015, before returning, the Paddy Power Gold Cup stands atop the features of The November Meeting held at Cheltenham. A foretaste of the bigger and more acclaimed Gold Cup run in March, at The Festival, the Paddy Power Gold Cup is the perfect opportunity for young riders to put the world and the rest of the pack on notice, as veterans look to hit their stride as the jump race season kicks off. For those of us looking for some flutter and action, the betting halls of Cheltenham may not be open due to the health pandemic, but finding the best offers for online horse betting has never been easier. Now, back to that Paddy Power Gold Cup.

 

A Grade 3 race, with a distance of 2m4f and heavy going, the Paddy Power Gold Cup lets 18 riders push through the chase for a 160,000 GBP prize money that is the biggest purse of the event and quite the jackpot for a Grade 3 outing. Around, since 1965, the Paddy Power Gold Cup precedes The November Meeting event, which only started in the year 2000. It is run on the second day of the event, known as Paddy Power Day, and is the star attraction of the tournament. Over the years, favourites have not really fared all that well, with horses outside the top three odds winning a majority of the races since 2002. But if you think this means the big names do not stamp their authority, then you thought wrong, as the top trainers flock in and almost always have their hands on the prize. Naunton trainer Nigel Twiston-Davies, and his son and rider Sam Twiston-Davies, have both won twice in the last ten years, doing it in 2010 as a father-son trainer-rider duo, with Little Josh. National Hunt trainer Paul Nicholls OBE, has also done it twice recently in 2012 and 2014, while David Pipe is still looking to emulate the kind of success his father Martin had.

 

At last year’s race, Happy Diva, jockeyed by Richard Patrick and trained by Kerry Lee, took the race at odds 14/1. While the official participants’ list is yet to be declared, punters can still expect a decent return on the offers and should not be against making bold picks, as this is not really a kind race to favourites. Looking past any return winners should not out of place, as history does not really favour them and is not even a common occurrence. A good look at the trainers is a good gauge of how well a horse will do, however, and of course a fair bit of luck.

Pennsylvania Horse Racing handle drops by more than 10% in 2019

Pennsylvania Gaming Control Board released the Annual Racetrack Casino Benchmark Report detailing the impact of Pennsylvania casinos on the Commonwealth’s horse racing industry. The report is now available for download from the PGCB’s web site https://gamingcontrolboard.pa.gov.

The report includes and compares information from calendar year 2019.

The taxable handle generated by Pennsylvania’s six race tracks dropped by more than 10.7% in 2019 to around $300 million, the report shows, a decrease of more than $36.1 million from the previous year.

The taxable handle has dropped every year since the reporting began. In 2006, the taxable handle from all tracks was just under $976 million.

That means handle fell by more than two-thirds in 13 years. The taxable handle was cut in half by 2013 when it dropped to $480.6 million.

That’s not unique to PA, the report notes, and is due to a decreasing demand for retail horse betting.

Indiana Horse Racing Commission Approves Eldorado-Caesars Merger

The $17.3 billion merger between Eldorado Resorts and Caesars Entertainment was approved by a second Indiana regulatory agency.

The Indiana Horse Racing Commission approved the pending merger Monday, just three days after the deal also gained the green light from the Indiana Gaming Commission. With the Indiana agencies giving their consent to the deal, only New Jersey remains as the last state that has yet to approve the merger, as reported by Reno Gazette Journal.

The Indiana Gaming Commission is requiring Eldorado and Caesars to sell three of its gaming properties in the state as a condition for its approval. On Monday, Eldorado CEO Thomas Reeg confirmed it will sell the Horseshoe Casino in Hammond to a new operator by the end of the year. He told members of the Indiana Horse Racing Commission that … more:

5 Most Popular Casino Games In 2020

The gambling websites’ popularity has increased tremendously within the past decade – and for a good reason. For Portugal in particular, this comes as an abundant source of income. In fact, online gambling contributes to 0.05% of the total GDP of a country. Casino Games In Portugal both online and offline are completely legal, licensed, and regulated by the RISGTP administration or Regulatory and Inspection Services of Games and Tourism of Portugal. With so many alternatives, it can be difficult to decide on the most suited games. To help you out, we have created a list of the leading casino games in 2020. You may now scroll down and have a look at the quick casino guide!

Roulette

Roulette is one of the original gambling games, having been loved and adapted by people all across the world for many centuries. It is a board game and just like slots also a ‘Perfect Information’ game. This means there’s not a ladder of skill to climb, but knowing how to place the bets becomes more important. Some people who gamble do give this game a bad name, but that’s largely due to having a limited understanding of the right strategies to play.

 

Blackjack

Finally time for the best card game ever; Blackjack! It is the perfect game for social gamblers who are familiar with card games, whether that be through growing up with them or viewing tutorials online. The objective of the game is to get as close as possible to 21 without going over. Blackjack has a huge following of loyal fans because it’s relatively easy to learn and it provides a level of skill so you don’t have to rely on luck alone. You can actually improve your chances at blackjack by practicing and applying different strategies.

 

Baccarat

Baccarat is another card game which is very popular in Asia and especially China. It goes fast to learn how to play since you only bet on 3 outcomes; either win for the Banker or the Player, or it can end in a tie. Learning the basics is easy but it requires practice to perfect the game. I recommend you spend a little more time getting to know how to play the game.

 

Craps

Craps is just like Roulette a ‘Perfect Information’ game. Some bets require certain rolls before they can become winning or losing bets, thus reassuring strategy. Craps is one out of a few casino games where you can become friends with your opponents because you can choose to play with or against your opponents. Also, if you are a big fan of Hollywood movies then you’ve most likely seen it in Ocean’s 13, James Bond Diamonds are Forever and on A Bronx Tale.

 

Three Card Poker

A highly popular casino table game, three-card poker lets you have a great control over the game’s final outcome. It’s also a game with great odds and several potentially profitable side bets. Invented in the 1990s, three card poker seems pretty low key but it’s one of the best casino card games.

 

FanDuel May Purchase Fairmount Park Racetrack, Gain Immediate Sports Betting Access

Multiple sources have confirmed to Sports Handle that growing U.S. sports betting juggernaut FanDuel Group is in talks to purchase the Fairmount Park Racetrack in Collinsville, Ill., in the St. Louis metropolitan area. The reason? It’s a workaround for the application fee and would allow FanDuel, which would otherwise have an 18-month waiting period before it could launch its mobile sportsbook in Illinois, a chance to go live sooner under its own brand name.

The timeline for a purchase is unclear, but talks are well underway and FanDuel Group (Betfair Interactive US LLC) already applied for a management services provider license with the Illinois Gaming Board. The fee for this license is $1 million. Fairmount Park has applied for an organization license, which has a $10 million price tag.

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PA Governor proposes using Funds from Horse Racing to help with college tuition

“Three years ago the governor signed a bill to create that trust fund that couldn’t be touched, and now three years later he’s coming back and taking $200 million out of 250 dollars. All those jobs would be lost, all these horses would have to be re-homed, the economy would be devastated.” ~ Kim Hankins, the executive director of Meadows Standard Bred Owners Association

WASHINGTON, Pa. — Pennsylvania Gov. Tom Wolf is proposing to cut $204 million from the Race Horse Development Fund and moving it to help college students with tuition.

The governor says the money would support the Nellie Bly tuition program, which provides financial assistance to targeted full-time students who agree to stay in Pennsylvania for the same number of years for which they receive the benefit.

Governor Wolf tells Channel 11′s Cara Sapida that the legislature would need to approve the transfer of the tax dollars going to purse winnings for owners, trainers and jockeys, and redirect them to this scholarship program.

Pete Peterson, executive director of the Pennsylvania Equine Coalition, told Channel 11 that money in the Race Horse Development Trust Fund comes from an assessment paid by casinos on their gross terminal revenues from slot machine gaming. The legislature noted in the 2017 Race Horse Industry Reform Act that the money isn’t funds of the Commonwealth and that the “Commonwealth shall not be rightfully entitled to any money” in the RHDTF.

New Competition for Oaklawn Park in Arkansas?

Competition is coming for Oaklawn Racing Casino Resort in Hot Springs.

Of course, it’s always faced competitors in the form of other thoroughbred racetracks and then, later, in the form of the electronic “games of skill” also offered by Southland Park (now Southland Casino Racing) in West Memphis, as well as the myriad other ways in which people spend money to entertain themselves.

But with the opening of the Saracen Annex in Pine Bluff, to be joined later this year by the full-fledged Saracen Casino Resort, Oaklawn faces head-to-head competition in its own backyard.

Gaming industry experts told our Mark Friedman that Arkansas’ gambling market probably wasn’t yet saturated. But the Saracen Annex, which opened for business in late September, already appears to be cutting into Oaklawn’s terminal and slot machine wagers, which fell 15.7% in the fourth quarter of 2019, compared with the same period in 2018.

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FL Court rules that Calder can switch from horse races to Jai Alai and retain slot machines

Slot Machines Seduce, Then EntrapAn appellate court upheld a decision by the Florida Department of Business and Professional Regulation and said Calder Race Course could continue offering casino slot machines if it switched from horse racing to jai alai.

A state appeals court Wednesday (9/25/19) said Miami-Dade County’s Calder Race Course can continue operating slot machines if it discontinues horse racing and offers jai alai games instead.

A three-judge panel of the 1st District Court of Appeal upheld a decision by the Florida Department of Business and Professional Regulation and rejected arguments by thoroughbred breeders and owners, who had appealed the agency’s decision.

The case was rooted, in part, in a 2004 constitutional amendment that allowed pari-mutuel facilities in Miami-Dade and Broward counties to operate slot machines. Calder, which has run horse races for decades, obtained a permit to operate slot machines.

In 2018, Calder asked the Department of Business and Professional Regulation’s Division of Pari-Mutuel Wagering whether it could continue to operate slot machines if it shifted from offering horse races to jai alai. The Florida Thoroughbred Breeders’ and Owners’ Association and Ocala Breeders’ Sales Co., Inc. opposed the proposal.

Wednesday’s ruling said Calder obtained its slot-machine license as what is known as an “eligible facility” under a section of state law…

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Sports Book at Indiana Grand Racing & Casino

Source:  Indiana Downs

Indiana Grand Racing & Casino made history Sunday, Sept. 1, 2019 as it became the first Sports Book in the state. A special pep rally was lead into the commemorative ribbon cutting ceremony to mark the official opening of Winner’s Circle Race, Sports, Pub.

“We are extremely excited and honored to open the first Sports Book in the State of Indiana,” said Ron Baumann, senior vice president and general manager of Indiana Grand Racing & Casino. “Our new Sports Book is a highly anticipated addition to our property, and we have worked hard over the past few months to redesign our current Winner’s Circle to accommodate the newest option in gaming in the state of Indiana.”

The Pep Rally will get underway at approximately 12:45 p.m. followed by comments from several local dignitaries, including Mayor Tom DeBaun of Shelbyville. At the conclusion of the ceremony, the Sports Book will officially launch legalized sports betting in the state of Indiana.

Sports available for legal wagers include professional football, basketball, baseball and golf. In addition, more than 100 other sporting events will be included in the new Sports Book at Indiana Grand.

The current Winner’s Circle has been expanded to include an entire new section dedicated to sports wagers. This addition will complement the existing area already established as the off-track betting venue for horse racing and dining venue.

The event is open to guests 21 years of age and older. The ribbon cutting ceremony will take place in front of the opening into the sports book inside Winner’s Circle, which is located on the casino floor. Those in attendance will receive a commemorative ball cap while supplies last to signify the historic event in Indiana history.