Aqueduct Backstretch to Close for Six Weeks.
By Blood-Horse Staff
Updated: Saturday, February 12, 2011 3:25 PM
Posted: Saturday, February 12, 2011 3:18 PM
Association has announced that the backstretch at Aqueduct will close for approximately six weeks to allow for additional construction time on Genting’s Resorts World New York casino.
The approximately 350 horses stabled at Aqueduct will be moved to Belmont Park starting on Monday, Feb. 14, with the move to be completed by Friday, Feb. 18.
Aqueduct will be closed for training starting Feb. 19 and will re-open on April 4, which will allow Genting uninterrupted construction time on the casino up until post time during the period of closure.
Training hours at Aqueduct had been 5:30-9 a.m. from Tuesday through Saturday.
End
How nice it must be. Here in Michigan the Gaming Control Board, Attorney General nor Pinnacle Race Course’s owner Jerry Campbell will even tell the Thoroughbred Horsemen/Women if they will even have a racing meet in 2011. I guess it’s a secret.
Remember Governor Snyder you stated ” And Leave No One Behind “.
But the Horsemen/Women here are much too quite, beyond patient and obviously slow to anger. Instead of waiting for someone to tell us something. I would FORCE THEM TO SPEAK. And in my view the only way to accomplish this feat is to Rise Up, Show Up, Shout Out and make it understood we are still Alive. And we won’t be ignored anymore.
GET IN THEIR FACE!
That means gathering about 1,000-2,000 Horsemen/Women with Horse Trailers and Horses, along with Agriculture people who supply the straw and hay. Go to Lansing and unload them all in front of the Capital Building with signs saying ” What About Us “.
It’s not enough just to put words on a website.
MGCB: The Michigan Gaming Control Board remains silent on their position regarding Pinnacle’s 2011 “conditional license”. Original date for conditions to be met was December 31, 2010, extensions have been given while Pinnacle’s response of January 12,2011 was being reviewed by the Attorney General. The HBPA, on regular basis, has attempted to gain meaningful information from both the MGCB and Pinnacle, unfortunately without any success. Our members deserve better, it is now February 11, 2011, and plans for their racing operations in 2011 are well underway. Unfortunately, plans are only being guided by rumors and uncertainty. It is impossible for the board to address the serious issues facing our industry and pursue options, when meaningful information is non-existent. Not many comments coming to the HBPA, based on public information, express a positive attitude about thoroughbred racing at Pinnacle in 2011.
2/11
The Thoroughbred Horsemen and Woman must go forth with ACTION. And with us those whose jobs are connected to this Industry. Lansing isn’t reading your website and mine obviously also ignored. Not so easy when YOU’RE IN THEIR FACES.
We must show them WE DO EXIST.
~
So New York Race Tracks getting New Casino additions built and Michigan still sits on their ass crying broke. So what else is new?
Governor Snyder is going to announce a cut of $2 billion out of an $8 billion budget.
In the article an excerpt: Some sacred cows are going to get slaughtered. I have a feeling that it’s going to be more like sacred Horses and Race Tracks are going to get slaughtered. The Thoroughbred one anyway.
Again for the very very slow.
Racetrack Casinos
![]() |
||
![]() |
||
Current # of Operating Racinos | ![]() |
3 |
![]() |
||
![]() |
||
Public/Private Arrangement | ![]() |
Publicly run video lottery terminals with distributions to operators |
![]() |
||
![]() |
||
Racino Employees | ![]() |
2,3631 |
![]() |
||
![]() |
||
Gross Racino Gaming Revenue | ![]() |
$564.24 million |
![]() |
||
![]() |
||
Distributions to State/Local Government | ![]() |
$227.55 million |
![]() |
||
![]() |
||
Percentage of Revenue Retained by Operator | ![]() |
43.1% |
![]() |
||
![]() |
||
How Taxes Spent | ![]() |
General fund |
![]() |
||
![]() |
||
Legalization Date | ![]() |
1994 |
![]() |
||
![]() |
||
First Racino Opening Date | ![]() |
1995 |
![]() |
||
![]() |
||
Mode of Legalization | ![]() |
Legislative action |
![]() |
||
![]() |
||
Source:Delaware Lottery, individual properties 1Employment data from 2008 was used for one property in Delaware that declined to participate in the data collection. |
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![]() |
Racetrack Casinos
![]() |
||
![]() |
||
Current Number of Operating Racinos | ![]() |
4 |
![]() |
||
![]() |
||
Public/Private Arrangement | ![]() |
Privately operated facilities with slot machines |
![]() |
||
![]() |
||
Racino Employeese | ![]() |
2,156 |
![]() |
||
![]() |
||
Gross Racino Gaming Revenue | ![]() |
$216.74 million |
![]() |
||
![]() |
||
Distributions to State/Local Government | ![]() |
$108.37 million |
![]() |
||
![]() |
||
Revenue Retained by Operator | ![]() |
50%1 |
![]() |
||
![]() |
||
How Taxes Spent | ![]() |
Statewide education |
![]() |
||
![]() |
||
Legalization Date | ![]() |
2006 |
![]() |
||
![]() |
||
First Racino Opening Date | ![]() |
2006 |
![]() |
||
![]() |
||
Mode of Legalization | ![]() |
Statewide referendum, local option vote, legislative action |
![]() |
||
![]() |
||
Source:Florida Department of Business and Professional Regulation, individual properties 1This figure only represents what operators retain after state taxes are collected. It does not take into account what operators allocate to horse and dog breeders’ funds, local authorities and public gambling awareness. Thus, the percentage of revenue retained by operators is actually significantly lower than this 50 percent figure. |
||
![]() |
Racetrack Casinos
![]() |
||
![]() |
||
Current # of Operating Racinos | ![]() |
2 |
![]() |
||
![]() |
||
Public/Private Arrangement | ![]() |
Privately operated facilities with slot machines |
![]() |
||
![]() |
||
Racino Employees | ![]() |
1,847 |
![]() |
||
![]() |
||
Gross Racino Gaming Revenue | ![]() |
$420.10 million |
![]() |
||
![]() |
||
Distributions to State/Local Governments | ![]() |
$115.27 million |
![]() |
||
![]() |
||
Revenue Retained by Operator | ![]() |
54.7% |
![]() |
||
![]() |
||
How Taxes Spent | ![]() |
Property tax fund, horse racing industry, local government and French Lick Resort |
![]() |
||
![]() |
||
Legalization Date | ![]() |
2007 |
![]() |
||
![]() |
||
First Racino Opening Date | ![]() |
2008 |
![]() |
||
![]() |
||
Mode of Legalization | ![]() |
Legislative action |
![]() |
||
![]() |
||
Sources: Casino Association of Indiana, Indiana Gaming Commission |
||
![]() |
Racetrack Casinos
![]() |
||
![]() |
||
Current # of Operating Racinos | ![]() |
3 |
![]() |
||
![]() |
||
Public/Private Arrangement | ![]() |
Privately operated facilities with slot machines and table games |
![]() |
||
![]() |
||
Racino Employees | ![]() |
2,586 |
![]() |
||
![]() |
||
Gross Racino Gaming Revenue | ![]() |
$435.62 million |
![]() |
||
![]() |
||
Distributions to State/Local Government | ![]() |
$101.13 million |
![]() |
||
![]() |
||
Percentage of Revenue Retained by Operator | ![]() |
76.8% |
![]() |
||
![]() |
||
How Taxes Spent | ![]() |
Infrastructure improvements, local government, general fund, schools and universities, the environment, tourism projects, cultural initiatives |
![]() |
||
![]() |
||
Legalization Date | ![]() |
1994 |
![]() |
||
![]() |
||
First Racino Opening Date | ![]() |
1995 |
![]() |
||
![]() |
||
Mode of Legalization | ![]() |
Local option vote, legislative action |
![]() |
||
![]() |
||
Source: Iowa Racing and Gaming Commission |
||
![]() |
Racetrack Casinos
![]() |
||
![]() |
||
Current # of Operating Racinos | ![]() |
4 |
![]() |
||
![]() |
||
Public/Private Arrangement | ![]() |
Privately operated facilities with slot machines |
![]() |
||
![]() |
||
Racino Employees | ![]() |
2,260 |
![]() |
||
![]() |
||
Gross Racino Gaming Revenue | ![]() |
$402.65 million |
![]() |
||
![]() |
||
Distributions to State/Local Government | ![]() |
$74.29 million |
![]() |
||
![]() |
||
Percentage of Revenue Retained by Operator | ![]() |
74.29% |
![]() |
||
![]() |
||
How Taxes Spent | ![]() |
General fund, local parishes |
![]() |
||
![]() |
||
Legalization Date | ![]() |
1994 |
![]() |
||
![]() |
||
First Racino Opening Date | ![]() |
1994 |
![]() |
||
![]() |
||
Mode of Legalization | ![]() |
Local option vote, legislative action |
![]() |
||
![]() |
||
Source: Louisiana Gaming Control Board, individual properties |
||
![]() |
Racetrack Casinos
![]() |
||
![]() |
||
Current # of Operating Racinos | ![]() |
1 |
![]() |
||
![]() |
||
Public/Private Arrangement | ![]() |
Privately operated facility with slot machines |
![]() |
||
![]() |
||
Racino Employees | ![]() |
303 |
![]() |
||
![]() |
||
Gross Racino Gaming Revenue | ![]() |
$59.20 million |
![]() |
||
![]() |
||
Distributions to State/Local Govt | ![]() |
$29.08 million |
![]() |
||
![]() |
||
Revenue Retained by Operator | ![]() |
50.9% |
![]() |
||
![]() |
||
How Taxes Spent | ![]() |
Education, health care, agriculture, gambling control board administration and city of Bangor |
![]() |
||
![]() |
||
Legalization Date | ![]() |
2004 |
![]() |
||
![]() |
||
First Racino Opening Date | ![]() |
2005 |
![]() |
||
![]() |
||
Mode of Legalization | ![]() |
Local option vote, legislative action |
![]() |
||
![]() |
||
Source: Maine Gambling Control Board, Penn National Gaming, Inc. |
||
![]() |
Racetrack Casinos
![]() |
||
![]() |
||
Current # of Operating Racinos | ![]() |
5 |
![]() |
||
![]() |
||
Public/Private Arrangement | ![]() |
Privately operated facilities with slot machines |
![]() |
||
![]() |
||
Racino Employees | ![]() |
1,446 |
![]() |
||
![]() |
||
Gross Racino Gaming Revenue | ![]() |
$243.94 million |
![]() |
||
![]() |
||
Distributions to State/Local Government | ![]() |
$63.42 million |
![]() |
||
![]() |
||
Percentage of Revenue Retained by Operator | ![]() |
54% |
![]() |
||
![]() |
||
How Taxes Spent | ![]() |
General fund, problem gambling treatment |
![]() |
||
![]() |
||
Legalization Date | ![]() |
1997 |
![]() |
||
![]() |
||
First Racino Opening Date | ![]() |
1999 |
![]() |
||
![]() |
||
Mode of Legalization | ![]() |
Legislative action |
![]() |
||
![]() |
||
Source: New Mexico Gaming Control Board, individual properties |
||
![]() |
Racetrack Casinos
![]() |
||
![]() |
||
Current # of Operating Racinos | ![]() |
8 |
![]() |
||
![]() |
||
Public/Private Arrangement | ![]() |
Publicly run video lottery terminals with distributions to operators |
![]() |
||
![]() |
||
Racino Employees | ![]() |
3,180 |
![]() |
||
![]() |
||
Gross Racino Gaming Revenue | ![]() |
$1.019 billion |
![]() |
||
![]() |
||
Distributions to State/Local Government | ![]() |
$455.48 million |
![]() |
||
![]() |
||
Percentage of Revenue Retained by Operator | ![]() |
35.0% |
![]() |
||
![]() |
||
How Taxes Spent | ![]() |
Education |
![]() |
||
![]() |
||
Legalization Date | ![]() |
2001 |
![]() |
||
![]() |
||
First Racino Opening Date | ![]() |
2004 |
![]() |
||
![]() |
||
Mode of Legalization | ![]() |
Legislative action |
![]() |
||
![]() |
||
Source: New York Racing and Wagering Board, New York Lottery |
||
![]() |
Racetrack Casinos
![]() |
||
![]() |
||
Current # of Operating Racinos | ![]() |
2 |
![]() |
||
![]() |
||
Public/Private Arrangement | ![]() |
Privately operated facilities with slot machines |
![]() |
||
![]() |
||
Racino Employees | ![]() |
1,0972 |
![]() |
||
![]() |
||
Gross Racino Gaming Revenue | ![]() |
$94.13 million |
![]() |
||
![]() |
||
Distributions to State/Local Governments | ![]() |
$13.78 million |
![]() |
||
![]() |
||
Revenue Retained by Operator | ![]() |
58.2% |
![]() |
||
![]() |
||
How Taxes Spent | ![]() |
Education |
![]() |
||
![]() |
||
Legalization Date | ![]() |
2004 |
![]() |
||
![]() |
||
First Racino Opening Date | ![]() |
2005 |
![]() |
||
![]() |
||
Mode of Legalization | ![]() |
Statewide question on ballot |
![]() |
||
![]() |
||
Source:Oklahoma Horse Racing Commission, State of Oklahoma – Office of the State Auditor and Inspector 1Employment numbers for Oklahoma racinos are based on the three properties that were open during 11 months of 2009. At the end of 2009, only two properties remained open. |
||
![]() |
Racetrack Casinos
![]() |
||
![]() |
||
Current # of Operating Racinos | ![]() |
6 |
![]() |
||
![]() |
||
Public/Private Arrangement | ![]() |
Privately operated facilities with slot machines |
![]() |
||
![]() |
||
Racino Employees | ![]() |
5,799 |
![]() |
||
![]() |
||
Gross Racino Gaming Revenue | ![]() |
$1.579 billion |
![]() |
||
![]() |
||
Distributions to State/Local Governments | ![]() |
$742.69 million |
![]() |
||
![]() |
||
Revenue Retained by Operator | ![]() |
45% |
![]() |
||
![]() |
||
How Taxes Spent | ![]() |
Property tax relief, economic development, tourism, horse racing industry, host local government |
![]() |
||
![]() |
||
Legalization Date | ![]() |
2004 |
![]() |
||
![]() |
||
First Racino Opening Date | ![]() |
2006 |
![]() |
||
![]() |
||
Mode of Legalization | ![]() |
Legislative action |
![]() |
||
![]() |
||
Source: Pennsylvania Gaming Control Board, individual properties |
||
![]() |
Racetrack Casinos
![]() |
||
![]() |
||
Current # of Operating Racinos | ![]() |
2 |
![]() |
||
![]() |
||
Public/Private Arrangement | ![]() |
Publicly run video lottery terminals with distributions to operators |
![]() |
||
![]() |
||
Racino Employees | ![]() |
1,3001 |
![]() |
||
![]() |
||
Gross Racino Gaming Revenue | ![]() |
$461.17 million |
![]() |
||
![]() |
||
Distributions to State/Local Government | ![]() |
$292.09 million (FY 2009) |
![]() |
||
![]() |
||
Percentage of Revenue Retained by Operator | ![]() |
27.3%2 |
![]() |
||
![]() |
||
How Taxes Spent | ![]() |
General fund |
![]() |
||
![]() |
||
Legalization Date | ![]() |
1992 |
![]() |
||
![]() |
||
First Racino Opening Date | ![]() |
1992 |
![]() |
||
![]() |
||
Mode of Legalization | ![]() |
Legislative action |
![]() |
||
![]() |
||
Source:Rhode Island Lottery, individual properties 12008 employment data was used for one property in Rhode Island that declined to participate in data collection this year. 2 FY 2009 data was used to calculate revenue retained by operator. |
||
![]() |
Racetrack Casinos
![]() |
||
![]() |
||
Current # of Operating Racinos | ![]() |
4 |
![]() |
||
![]() |
||
Public/Private Arrangement | ![]() |
Publicly run video lottery terminals with distributions to operators; table games in three locations |
![]() |
||
![]() |
||
Racino Employees | ![]() |
4,688 |
![]() |
||
![]() |
||
Gross Racino Gaming Revenue | ![]() |
$905.59 million |
![]() |
||
![]() |
||
Distributions to State/Local Governments | ![]() |
$408.37 million |
![]() |
||
![]() |
||
Revenue Retained by Operator | ![]() |
43.3% |
![]() |
||
![]() |
||
How Taxes Spent | ![]() |
Education, senior citizens, tourism |
![]() |
||
![]() |
||
Legalization Date | ![]() |
1994 |
![]() |
||
![]() |
||
First Racino Opening Date | ![]() |
1994 |
![]() |
||
![]() |
||
Mode of Legalization | ![]() |
Local option vote, legislative action |
![]() |
||
![]() |
||
Source: West Virginia Lottery, individual properties |
||
![]() |
TOP 10 U.S. RACETRACK CASINO MARKETS BY ANNUAL REVENUE
Gross revenue is earnings before taxes, salaries and expenses are paid — the equivalent of sales, not profit.
Racetrack Casino Market | 2009 Annual Revenues | |
![]() |
![]() |
![]() |
|
||
1 Yonkers, N.Y. | $540.50 million | |
2 Charles Town, W. Va. | $424.33 million | |
3 Indianapolis, Ind. | $420.10 million | |
4 Providence, R.I. | $399.66 million | |
5 Bensalem, Pa. | $359.27 million | |
6 Dover/Harrington, Del. | $329.20 million | |
7 Chester, Pa. | $315.94 million | |
8 Meadow Lands, Pa. | $278.47 million | |
9 Delaware Park/Wilmington, Del. | $235.03 million | |
10 Chester, W. Va. | $232.61 million |
2009 Racetrack Casino Tax Revenue | ||
|
||
Delaware | $227.55 million | |
Florida | $108.37 million | |
Indiana | $115.27 million | |
Iowa | $101.13 million | |
Louisiana | $74.29 million | |
Maine | $29.08 million | |
New Mexico | $63.42 million | |
New York | $455.48 million | |
Oklahoma | $13.78 million | |
Pennsylvania | $742.69 million | |
Rhode Island | $292.09 million | |
West Virginia | $408.37 million | |
|
||
TOTAL | $2.63 billion |
Source:
State Gaming Regulatory Agencies (5/10)
You are just plain STUPID MICHIGAN.
Raceway Park in Toledo is closing, patrons there already stating they’ll just have to drive further to the nearest race tracks in MICHIGAN. And Pinnacle Race Course is the nearest Race Track to Toledo.
You think only Detroit Casino Revenue is going to hold you up? If that were the case 2 $Billion Dollars wouldn’t have to be slashed.
Get a Brain and some Guts. Only ones getting rich in this State is the politicians getting their pockets stuffed from 3 commercial Casinos.
What does that do for these rest of the citizens here?
As far as that goes why not let the Thoroughbreds go back to where it all started in 1933.
The Detroit Fairgrounds.
That would suit us just fine. And Detroit would have the 4th commercial casino in the form of a RACINO. A lot that could be done with those 164 acres that are just sitting empty there now. The State Fair could be Re-Opened as well with the added revenue. That way we all win.
MIHBPA, MTOBA & AGRICULTURE STOP WAITING AROUND FOR A RESPONSE FROM THIS STATE. SHOW UP IN LANSING AND DEMAND ONE.
~
GOVERNOR SNYDER, ARE WE RACING IN 2011?
Every single day that goes by without answers, total uncertainty of what plans to make and what to do. They still have to feed their Horses and pay their bills regardless. How can all of you just sit there with total silence, ignoring all these individuals enquiries as if they don’t count or exist? Why are there no answers coming from anybody?
You have already lied Governor. You have already LEFT US BEHIND.
~
Talking about looking a gift horse in the mouth.
How much better Michigan could do in the Generating Revenue Dept. and save a Industry in the process.
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