horse racing

Morning round-up
9:28 am
Tue October 18, 2011

Morning headlines: Tuesday, October 18, 2011

Mo. Gov. Jay Nixon (L) welcomes China's Ambassador to the United States, Zhou Wenzhong during a state dinner last year. Nixon says Mo. officials expect to finalize billions of dollars of export agreements during an upcoming trip to China.
UPI/Bill Greenblatt

Nixon to announce details of China trip

Missouri Gov. Jay Nixon says state officials expect to finalize billions of dollars of export agreements during an upcoming trade trip to China. Nixon plans to announce more details of the trip today during a visit to a Cargill soybean processing facility in Kansas City.

The governor said Monday the trip will allow the state to sign export agreements with Chinese agencies and provide a chance for numerous Missouri businesses to close deals with Chinese customers.

Read more
Illinois Gambling
11:56 am
Mon October 17, 2011

Quinn opposes slot machines at racetracks

Horses race around the track at Fairmount Park Racetrack in Collinsville, Ill.
(Robert Altman)

Gov. Pat Quinn says he doesn't support slot machines at Illinois racetracks.

Quinn on Monday discussed his objections to a gambling bill passed by lawmakers but not yet sent to him.

Quinn laid out a framework for gambling expansion that includes five new casinos in Chicago, southern Cook County, Lake County, Rockford and Danville.

He says the Illinois Gaming Board should choose the location in Lake County and not the Park City location passed by lawmakers.

Quinn also says he opposes slot machines at Chicago's O'Hare or Midway airports.

Illinois Gambling / Horse Racing
4:17 pm
Tue August 30, 2011

Language of law keeping money from Ill. horse racing industry

Horses speed around the track at Fairmount Park Racetrack in Collinsville, Ill.
(Robert Altman)

$2.6 million dollars is waiting to be distributed to Illinois’ horse racing industry but the law’s wording is keeping that from happening.

More than a decade ago Illinois legislators promised horse tracks 15 percent of the tenth casino’s gross revenue receipts.

That license was caught up in the courts for years.

Finally a new owner opened the Rivers Casino in Des Plaines in July, yet the portion slated for horse racing remains in the state’s Gaming Fund.

Read more
Illinois Gambling / Horse Racing
1:34 pm
Thu August 11, 2011

Ill. gambling bill still up in the air while horse racing industry gets influx of cash

Horses race to the finish line at Fairmount Park Racetrack. The Jumbotron shows the action, and its age in the background. About $14 million will go to the racetrack in a recent account release. Some of the money will be used for upgrades and repairs.
(Robert Altman)

A decision by lawmakers to approve a massive expansion of gambling in Illinois has been followed by two months of delay as Gov. Pat Quinn studies the measure and decides where he stands.

Quinn has met with a revolving door of supporters and opponents, but he's given no details on what changes he'd like to see. Skeptical lawmakers continue to use a legislative maneuver to hang onto the bill until Quinn explains what he wants.

Read more
Morning round-up
9:32 am
Wed August 10, 2011

Morning headlines: Wednesday, August 10, 2011

A group of community and religious leaders is proposing a Missouri ballot measure that would effectively limit the cost of payday loans.
flickr/taberandrew

Wording approved for Mo. ballot measure limiting payday loans

A group of community and religious leaders is proposing a Missouri ballot measure that would effectively limit the cost of payday loans. The secretary of state's office on Tuesday approved the wording of a proposed ballot summary, allowing supporters to begin a petition drive to put the question on a statewide ballot.

Read more
Illinois Gambling
4:15 pm
Thu June 30, 2011

Measure to allow slot machines at Ill. racetracks awaits governor's signature

A horse and jockey enter the winner’s circle at Fairmount Park Racetrack on a recent Friday night. If Governor Pat Quinn signs a gambling bill approved by Illinois lawmaker, the track could put in slot machines.
(Robert Altman)

Las Vegas, Atlantic City, and horse tracks used to be the only options for legal gambling.

Then came riverboat casinos.

For years race track owners  in Illinois have asked lawmakers to allow slot machines at their tracks, creating so-called "racinos."

Now all it will take is a signature from Governor Pat Quinn.

But as St. Louis Public Radio’s Maria Altman reports, it’s not a sure thing.

Read more