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BloodHorse.com Articles by Eric Mitchell

Final TV Rating for Breeders' Cup Soars 18%

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.

 Thursday, October 31, 2002

Magna Closes Deal on Lone Star Park

Magna Entertainment Corp. announced Thursday that it had successfully completed the acquisition of Lone Star Park at Grand Prairie.

 Thursday, October 31, 2002

Breeders' Cup Overnight TV Ratings Up 5%

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.

 Monday, October 28, 2002

Top-Notch Horses Take Pressure Off First-Time BC Trainers

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.

 Friday, October 25, 2002

Penn National Reports Record Third Quarter

Penn National Gaming, Inc. (PENN: Nasdaq) today reported record third quarter results for the period ended September 30.

 Friday, October 25, 2002

Two Item Limit Back On Track at Arlington

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.

 Thursday, October 24, 2002

Magna Closing in on Flamboro Downs Purchase

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.

 Tuesday, October 22, 2002

Remington Park G.M Resigns

Remington Park's general manager Frank Deal has resigned as head of the state's largest racetrack, The Oklahoman reported Monday.

 Monday, October 21, 2002

Oklahoma Dates Compromise is No Solution, Say Horsemen

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.

 Saturday, October 19, 2002

Churchill Downs Breeders' Cup Moved to 2006

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.

 Friday, October 18, 2002

Caterpillar Prevention is Focus of New Study

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.

 Friday, October 18, 2002

Own a Piece of the Downs, Churchill Pitching New Luxury Suites

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.

 Friday, October 18, 2002

Distaff Preview: History Lesson

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).

 Thursday, October 17, 2002

Law Opening U.S. to Foreign Bets Expected Next Year

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.

 Wednesday, October 02, 2002

Distaff Update (10/1): Final Preps on Tap

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.

 Wednesday, October 02, 2002

Congress to Vote on Internet Gambling Bill Tonight

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.

 Tuesday, October 01, 2002

NYRA's 2002 Handle is 10.4% Ahead of 2001

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.

 Friday, September 27, 2002

Remington Park Forced to Run Quarter Horse Dates

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.

 Friday, September 27, 2002

TVG Parent Reports $958.8 Million Second-Quarter Loss

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.

 Thursday, September 26, 2002

MTR Gaming To Build New Track in Erie

With minimal discussion, Pennsylvania racing commissioners Thursday morning granted MTR Gaming permission to build and operate a new racetrack in Erie.

 Thursday, September 26, 2002

Distaff Preview (9/25): Take Charge Lady Takes Charge

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.

 Wednesday, September 25, 2002

Court Overturns $164.6 million Judgment for de Kwiatkowski

A federal appeals court has overturned a $164.5 million judgment that favored Calumet Farm owner Henryk de Kwiatkowski.

 Monday, September 23, 2002

Hollywood Park Closing Two Days for Track Renovation

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.

 Friday, September 20, 2002

Duckhorn Scratched from Maryland Million Classic

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.

 Friday, September 20, 2002

TVG to Carry Super Derby Live

Super Derby XXIII (gr. II) will air live on the TV Games Network at 6:05 p.m. EDT Saturday.

 Friday, September 20, 2002

Distaff Preview (9/18): Ruffian Produces Two Contenders

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.

 Wednesday, September 18, 2002

TVG Growth Booming Due to Calif. Account Wagering

The TV Games Network has experienced explosive growth since California adopted advanced deposit wagering last January.

 Wednesday, September 18, 2002

Shareholder With a Heart

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.

 Tuesday, September 17, 2002

Oregon Hub Loses Handle to Power Outage

An eight-hour power outage Sept. 14 shut down an Oregon wagering hub and cost three online wagering services about $100,000 in handle.

 Tuesday, September 17, 2002

Juvenile Consignors' Stakes Success Leads to Purse Increase

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%.

 Monday, September 16, 2002

Autotote Renews Three New York Contracts

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.

 Monday, September 16, 2002

505 Farm Sells As Three Parcels for $3.64 million

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.

 Friday, September 13, 2002

Gtech Doubles Second Quarter Earnings, Stock Soars

Gtech Holdings, a lottery operator and one-third owner of Turfway Park, doubled its profits for its fiscal second quarter ending Aug. 24.

 Friday, September 13, 2002

Sale of Siberian Summer Canceled

An auction of stallion Siberian Summer and 13 other horses owned by Mike Power has been canceled.

 Thursday, September 12, 2002

Distaff Preview (9/12): An Imperial Gesture

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.

 Thursday, September 12, 2002

Youbet.com Promotes Champion to CEO

Youbet.com president Charles Champion has been promoted to chief executive officer of the online racing and wagering company effective immediately.

 Thursday, September 12, 2002

Fate of Erie Racetrack May Be Decided Sept. 26

MTR Gaming is expected to learn Sept. 26 whether it will receive a license for a new racetrack in Erie, Pa.

 Tuesday, September 10, 2002

Youbet Breaks Handle Record in August

Youbet.com handled a record $16.7 million for the month of August.

 Monday, September 09, 2002

Siberian Summer to be Sold Through Special Auction

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.

 Friday, September 06, 2002

Peninsula Gaming Closes Deal on Evangeline Downs

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.

 Friday, September 06, 2002

National Museum of Racing Supporting 9/11 Scholarship Drive

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.

 Friday, September 06, 2002

Keeneland Shelves Internet RNA Auction

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.

 Wednesday, September 04, 2002

Fasig-Tipton Texas Sale Slumps, But Not Unexpectedly

Considering the state of the economy and the performances of some previous sales, consignors and sales officials were not surprised to see gross and average sales drop at the Fasig-Tipton Texas summer yearling sale.

 Tuesday, August 27, 2002

Texas Sale Off to Slow Start, Stronger Second Day Expected

The Fasig-Tipton Summer Texas yearling sale got off to a slow start Monday with 129 horses selling for an average of $10,373 and a median of $5,000.

 Monday, August 26, 2002

Oklahoma Derby Report: The Judge Says, That's Who

The Judge Sez Who proved definitively he belongs in graded stakes company when he defeated a hard-charging and talented field to win the Oklahoma Derby (gr. III).

 Sunday, August 25, 2002

Stronach Associate Increases Ownership of Magna to 5.8%

A business associated with Magna Entertainment founder and chairman Frank Stronach has increased its ownership of the racing conglomerate stock to 5.8%.

 Saturday, August 17, 2002

Lake Placid Draws 11 to Saratoga Turf

Riskaverse is the sole graded stakes winner among a field of 11 expected to start Sunday in the $150,000 Lake Placid Handicap (gr. IIT) at Saratoga.

 Friday, August 16, 2002

Repent Back On Track, Headed for Travers Stakes

Repent, a four-time graded stakes winner who finished second in the Illinois Derby (gr. II), is on target for the $1 million Travers Stakes (gr. I) on Aug. 24.

 Friday, August 16, 2002

Textbook Method Takes Yaddo H. Easily

Longshot Textbook Method rolled to an easy victory Friday in the $75,000 Yaddo Handicap, which was run off the soggy Saratoga turf.

 Friday, August 16, 2002

Dancethruthedawn Aiming for Personal Ensign H.

Dancethruthedawn will try to capturing her second grade I at Saratoga this year when she starts in the $400,000 Personal Ensign Handicap on Aug. 23.

 Friday, August 16, 2002
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