MTR Gaming Group, the owner of Mountaineer Race Track and Gaming Resort, hits some new financial records for the third quarter but still reported a decline in earnings per share.
Gtech Holdings, the world's dominant operator of national and state lotteries and co-owner of Turfway park, issued warnings Wednesday about a possible breach of its computerized system for paying scratch-off tickets in Taiwan.
Champion Xtra Heat failed to sell for $1.7 million at Fasig-Tipton's November select mixed sale.
A steady flow of trainers, breeders, and devout fans ventured out on a chilly Lexington Saturday morning in search of Xtra Heat.
Magna Entertainment reported across-the-board declines in revenue, net income, and earnings per share for the third quarter ending Sept. 30. The Ontario-based racing conglomerate also announced the resignation of two more directors, John York II and James Nichol, from its board of directors.
World Thoroughbred Championships at Arlington Park totaled $116,367,198, establishing an all-time record Breeders' Cup handle.
Scientific Games, the parent company to Autotote, fired a software engineer suspected of altering a bet to win the Breeders' Cup Pick 6. An industry task force is expected to be formed to address the integrity of the country's tote systems.
Quiet Resolve, Canada's Horse of the Year for 2000, has been retired after suffering a leg injury during preparations for the $100,000 Labeeb Stakes at Woodbine on Sunday.
A three-year decline in television ratings for the Breeders' Cup World Thoroughbred Championships ended this year with the 19th running at Arlington Park Oct. 26.
Magna Entertainment Corp. announced Thursday that it had successfully completed the acquisition of Lone Star Park at Grand Prairie.
Despite heavy competition from a high-scoring Notre Dame-Florida State college football game, the Breeders' Cup World Thoroughbred Championships managed a 5% increase in its overnight television rating.
Three trainers will make their first starts in a Breeders' Cup World Thoroughbred Championship when the gates open for the Distaff (gr. I). But none of them feel the weight of the championship because they have so much of their confidence in their horses.
Penn National Gaming, Inc. (PENN: Nasdaq) today reported record third quarter results for the period ended September 30.
Two Item Limit, who finished third in last year's Breeders' Cup Distaff (gr. I) is on track to take on a very deep field of eight. She's come a long way since the beginning of the year when a return to the Distaff was a distant hope.
Magna Entertainment moved a step closer to acquiring Flamboro Downs when a company owned by one of its executives acquired the shares of the Ontario harness track.
Remington Park's general manager Frank Deal has resigned as head of the state's largest racetrack, The Oklahoman reported Monday.
The Oklahoma Racing Commission approved a compromise racing schedule that tried to preserve a Quarter Horse meet at Remington Park, while allowing the financially trouble track to stay open. The trouble is that no one likes the compromise and some feel it was railroaded through by the commissioners.
A conflict with a four-day Future Farmers of America convention has moved the Breeders' Cup World Thoroughbred Championships' return to Churchill Downs from 2005 to 2006. Belmont Park is expected to hold the event in 2005.
Finding a way to rid Central Kentucky horse farms of Eastern Tent Caterpillars is the goal of a new $50,000 study financed by the Grayson-Jockey Club Research Foundation.
Churchill Downs entered the real estate market this week when it began pitching leases for its 59 luxury suites now under construction. The suites, when sold, could generate $4 million a year in new money for the racetrack.
History will be on Azeri's side when she steps into Arlington Park's starting gate Oct. 26 for the Breeders' Cup Distaff (gr. I).
A proposal to lift a 30% withholding tax on successful wagers made on races in the United States by foreign bettors has received broad support, but probably won't become law until next year.
How the Breeders' Cup Distaff (gr. I) shakes out will largely be determined this week when the country's top fillies and mares enter their final preps for the Oct. 26 championships.
A bill being considered by Congress tonight would outlaw the use of credit cards, checks, and electronic transfers to pay for unregulated Internet gambling. The bill does not apply to account wagering on horseracing.
Reduced takeout has been credited with attracting more than $200 million in commingled handle to the New York Racing Association's three racetracks so far this year.
The Oklahoma Racing Commission denied Thursday a request by Remington Park to eliminate its Quarter Horse dates for the time being and run only 65 days of Thoroughbred racing next year. Remington Park officials say the decision puts the track in financial jeopardy and may force it to close.
Gemstar-TV Guide International, the parent company of the TV Games Network, posted a preliminary second-quarter loss of $953.8 million after more than $1 billion in asset write-downs.
With minimal discussion, Pennsylvania racing commissioners Thursday morning granted MTR Gaming permission to build and operate a new racetrack in Erie.
Take Charge Lady, runner-up in the Gazelle Handicap (gr. I), provided some off-track excitement Sept. 22 in the distaff division of the Breeders' Cup World Thoroughbred Championships.
A federal appeals court has overturned a $164.5 million judgment that favored Calumet Farm owner Henryk de Kwiatkowski.
Hollywood Park will complete a major two-part renovation of its racing surfaces next week when the main track will be closed to training next Tuesday and Wednesday.
Duckhorn, the overwhelming 6-5 morning line choice for Saturday's $200,000 Maryland Million Classic, will not start because of a quarter crack in his right front foot.
Super Derby XXIII (gr. II) will air live on the TV Games Network at 6:05 p.m. EDT Saturday.
The Ruffian Handicap (gr. I) put two horses on the Breeders' Cup Distaff (gr. I) trail. One enters the hunt for the first time, while the other is returning to the chase.
The TV Games Network has experienced explosive growth since California adopted advanced deposit wagering last January.
By Eric Mitchell -- Let's get something straight up front. Robert Wehle was more than "the man who owns all the stallion shares." He was a passionate student of pedigrees and an enthusiastic teacher of the breeding business.
An eight-hour power outage Sept. 14 shut down an Oregon wagering hub and cost three online wagering services about $100,000 in handle.
The inaugural running of two restricted stakes created to promote horses sold through 2-year-old in training sales was so successful that next year's purses will increase 50%.
Autotote Systems, a subsidiary of Scientific Games, has extended its totalizator operations and services contract with the New York Racing Association through the fall of 2004.
Marshall Naify's Kentucky home sold at public auction Friday for $3,641,657. The 505 Farm and training center sold in three parcels to three owners.
Gtech Holdings, a lottery operator and one-third owner of Turfway Park, doubled its profits for its fiscal second quarter ending Aug. 24.
An auction of stallion Siberian Summer and 13 other horses owned by Mike Power has been canceled.
Goldolphin Racing's Imperial Gesture became one to watch in the Breeders' Cup World Thoroughbred Champion distaff division when she won the Gazelle Handicap (gr. I) in near gate-to-wire fashion Sept. 7.
Youbet.com president Charles Champion has been promoted to chief executive officer of the online racing and wagering company effective immediately.
MTR Gaming is expected to learn Sept. 26 whether it will receive a license for a new racetrack in Erie, Pa.
Youbet.com handled a record $16.7 million for the month of August.
Special T Thoroughbreds is being forced to auction off the promising stallion Siberian Summer along with nine mares and four foals because the horses' owner hasn't paid his bills. The sale will be held Sept. 26 at 1 p.m. PDT at the farm.
An Iowa riverboat operator has taken full ownership of Evangeline Downs and acquired the land to build a new track and casino in an adjoining parish.
The National Museum of Racing and Hall of Fame is joining with other museums across the country to assist and honor the victims of the 9/11 terrorist attacks on New York City and Washington D.C.
Keeneland's experiment into selling horse on the Internet is over, for now. The Lexington sales company said it will not conduct an online sale for horses that fail to meet their reserves in the upcoming September yearling sale.
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