Tag Archives: Racino
US – New Mexico’s five racetracks could get casino go-ahead
New Mexico’s five racetracks will be able to transform themselves into full-service casinos, with live poker, blackjack, craps and a sportsbook if legislation is approved. Under the proposal, the new casinos would be managed and operated by the New Mexico Lottery, The hope is to generate $40m a year, with $15m of that going into…
US – FanDuel to rebrand Fairmount Park Racetrack in Illinois
The 95-year-old Fairmount Park Racetrack in Collinsville is being rebranded as FanDuel Sportsbook and Horse Racing following a multi-million investment from the FanDuel Group. The deal, the FanDuel Group’s first investment in a race track, will also see it become a casino operator for the first time as the property recently confirmed it would soon…
US – Ho-Chunk confirms it will build three racinos as Nebraska signs in six casinos
With Nebraska’s Voters approving initiatives, which will see casinos launched at six licensed racetrack enclosures, the Ho-Chunk tribe has confirmed it will spend $300m to open casinos at tracks in South Sioux City, Omaha and Lincoln. Almost 65 per cent of voters green lit three ballot initiatives to change the state’s constitution to allow casinos…
US – SBTech signs landmark deal with Churchill Downs
SBTech has signed a long-term agreement with Churchill Downs Incorporated (CDI) to provide its integrated technology platform for sports betting and iGaming solutions across the United States. This marks the first partnership of its kind between an award-winning European platform provider and a leading US multi-jurisdictional racing and gaming operator since the US Supreme Court’s…
US – Canterbury Park celebrates ninth year of growth
Canterbury Park Holding Corporation, who operates Canterbury Park Racetrack, Minnesota’s only thoroughbred horse racing racino, recorded net revenues of $57m in 2017, an increase of 8.6 per cent compared to 2016, securing its ninth consecutive year of growth. The racino which is only allowed to operate card games saw revenues increased $2.7m, or 9.3 per…
US – Caesars spending $1.7bn on two Indiana racinos
Caesars Entertainment is buying Indiana casino operator Centaur Holdings for $1.7bn in cash, including $1.625bn at closing and $75m in deferred consideration. The deal will add Hoosier Park Racing and Casino in Anderson, Indiana, and the Indiana Grand Racing and Casino in Shelbyville, Indiana to its Total Rewards network. Casears is also hoping to add…
Canada – Century Mile Racing approved in Alberta
The Alberta Gaming and Liquor Commission has approved the Century Casinos proposed Century Mile Racing Entertainment Centre project near Edmonton, Alberta, Canada. In September 2016, the Company was selected as the successful applicant by Horse Racing Alberta to own, build and operate a horse racing facility in the Edmonton area, which the Company will operate…
US – Tiago Downs expands in its tenth year
Tioga Downs, in the Southern Tier of New York, has now opened its expanded gaming floor. The expanded space is part of the casino that Tioga Downs opened December, which features 32 long-awaited table games, including Blackjack, Craps, and Roulette, as well as popular casino games such as Pai Gow Poker, Let It Ride, 3-Card…
UK – Betfred’s bid for Chelmsford racino gets council support
Chelmsford City racecourse has been given the green light by Chelmsford City Council to open a casino in its new five-floor grandstand building. Betfred, the racecourse’s majority stakeholder, has revealed the casino will occupy one floor of around 3,000 square metres. Ten open air concerts have also been approved. The council’s Director of Sustainable Communities,…
