In a March 30 ruling, a federal choose handed a movement for abstract judgment over “conversion and unjust enrichment” within the Ohio Horsemen’s Benevolent and Protectorate Affiliation’s long-running litigation with operators over sport revenues. Belterra Park.
Chief Justice Algenon L. Marbley of america District Courtroom for the Southern District of the Jap District of Ohio partially upheld the plaintiff’s resolution. He rejected the abstract judgment given to OHBPA due to bias curiosity in an allegation of conversion.
The lawsuit arose from controversial video lottery terminal gaming commissions that OHBPA claimed in a case the place the defendants didn’t pay in full between Might 1, 2014 and July 1, 2018. This totaled $2,769,652 with no curiosity.
Marbley wrote that the 9.95% fee fee for the sport established by the Ohio State Racing Fee in the summertime of 2018 “applies to all the interval Belterra Park has run the VLT sport.”
Boyd Gaming acquired Belterra Park whereas shopping for 4 gaming properties from Pinnacle Leisure in 2018.
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The Thoroughbred Every day Information, which first reported Thursday’s resolution, quoted OHBPA govt director Dave Basler as saying the prize cash “will clearly profit our pockets account.”
The Cincinnati racetrack that was the River Downs has seen their wallets lag behind the remaining in neighboring states, particularly Kentucky, which has seen their wallets swell with revenues from slot-like video games primarily based on historic horse racing outcomes.
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