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 [...]
INTRIGUE IN THE BUCKEYE STATE
July 18th, 2009 · No Comments
Tags: Horse Racing Business
PENN NATIONAL GAMING — BUY, SELL, OR HOLD?
May 23rd, 2009 · No Comments
Penn National Gaming is managed by experienced and proven top executives, backed up by a strong board of directors. When the U. S. economy comes back and as consumers gain confidence and discretionary income, the Company is in a position to grow revenues and profits.
Tags: Horse Racing Business
HELP WANTED IN OHIO…SORT OF
January 24th, 2009 · 3 Comments
In a battered state economy that is so dependent on the shaky “Big Three” automobile manufacturers, Ohio needs every job source it can get. Ohio’s seven racetracks directly and indirectly employ many people and account for considerable local and state tax revenues, as do the independent contractors like trainers, veterinarians, and feed suppliers, whose businesses depend on the racetracks and the farms. Horse racing is a sizeable agribusiness in Ohio and should be cultivated by elected officials. One sure way to do that is to allow the racetracks to be more competitive so that their customers are not lured to the racinos and casinos in nearby states.
Tags: Horse Racing Business