Deal reached to renew horse racing purse subsidies from AC casinos
An agreement to renew horse racing purse subsidies from the Atlantic City casinos was announced tonight, likely allowing Monmouth Park to offer purses to equal or exceed past levels when the thoroughbred racing season opens at the Oceanport track on May 9.
Related Casino News:
- Racetrack-casino deal wins Legislature’s OK
- Tracks to get $90M deal from casinos
- Owners may bag small-purse stakes
- Visualising major horse races
- Internet gambling limits advance; horse racing would remain exempt
- Agreement Reached on Calder Contracts
- Horse Racing: Horse racing betting produces record return
- Horse racing industry would cash in on slots
- Casinos give $90M to supplement horse racing purses
- Horse racing official calls for gambling partnerships
- Live horse racing coverage on 3G mobile
- Advantage Sports Betting Releases Virtual Horse Racing
Interesting gambling facts:
- Baccarat is the principal of casino card games in the United Kingdom and Europe. Blackjack is a fixture in all American casinos.
- The MGM Grand, situated on the a Las Vegas strip has come up with a brand new slogan to promote the casino, "Think of all the New Year's resolutions you'll break." Some say it might even rival the famous Las Vegas catchphrase, "What happens here, stays here."
- 1905: The town of Las Vegas is founded when the San Pedro, Los Angeles and Salt Lake Railroad Company holds a land auction at the site on May 15.
1912: The Majestic - Las Vegas's very first theater - opens, featuring the best vaudeville acts and motion pictures of the time. - Nevada is the oldest and largest legalized gaming center in the United States. Gaming was legalized in Nevada in 1931 in the middle of the Great Depression as a form of economic stimulant.
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