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INTRIGUE IN THE BUCKEYE STATE

July 18th, 2009 · No Comments

Governor Ted Strickland of Ohio, a Democrat, was steadfastly opposed to expanded gambling in the Buckeye state as recently as June 2009.   Since his election in 2006, he has promised to veto any bill that the legislature might send him permitting racetrack slots.   In addition, he campaigned against a 2008 ballot initiative that would have [...]

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ALTERNATIVE GAMING AT RACETRACKS: GOLD OR FOOL’S GOLD?

June 27th, 2009 · 2 Comments

If management of a racetrack can get alternative gaming, by all means it should do so, as it will enhance revenues and profits. But horse-racing owners and breeders are chasing fool’s gold if they expect alternative-gaming subsidies to last forever.

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MTR GAMING GROUP, INC. — BUY, SELL, OR HOLD?

April 11th, 2009 · No Comments

MTR Gaming Group, Inc. owns Mountaineer Casino Racetrack and Resort (formerly Waterford Park) in Chester, West Virginia, on the Ohio River.  It offers slots, table games, poker, and Thoroughbred racing at this facility. The Company opened Presque Isle Downs in Erie, Pennsylvania, in 2007 with a casino complex, restaurants, and a racetrack with a Tapeta synthetic surface [...]

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Tags: Horse Racing Business