In last week’s article titled “The Smoking Gun in the Slaying of Kentucky’s Signature Industry,” I wrote: “In my research, I can find no other case of where a state government worked against the economic interests of its signature industry” (in Kentucky, by blocking the legalization of video lottery terminals at racetracks). This raises the question [...]

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CLEVELAND, OHIO – July 28, 2010 – Harrah’s Entertainment, Inc. today announced that it has completed the acquisition of Thistledown race track in Cleveland, Ohio. “With this acquisition, Harrah’s Entertainment looks forward to enhancing the guest experience at Thistledown–through continuing the long history of thoroughbred racing and providing our support for the Ohio Lottery’s efforts [...]

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During the ongoing controversy in Kentucky over the legalization of slot machines (aka video lottery terminals), people inside and outside of the horse racing and breeding businesses have pondered how a responsible state government could stand by while its flagship industry is left to deteriorate—and cause the loss of thousands of jobs, tax revenues, and tourist [...]

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