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Hawthorne Race Course's ended its 23-day spring meet with double digit increases in average on-track, full card, and total all-sources handle.
Friday, June 07, 2002Youbet.com has hired Gary Sproule, a former Disney executive, as its chief financial officer. The California online racing and wagering company also announced a marketing agreement with California fairs.
Thursday, June 06, 2002Magna Entertainment Corp. announced Tuesday an agreement to buy Flamboro Downs Holdings for $47 million, which will give the Ontario-based racetrack conglomerate its first racetrack in Canada.
Wednesday, June 05, 2002A licensing deal announced today by Youbet.com may put live odds and online audio and video streaming of selected races on ESPN.com as early as this weekend.
Tuesday, June 04, 2002Public companies with ties to Thoroughbred racing slumped from 1-20% Monday as the resignation of Tyco International's chairman and growing investor skepticism dragged down the entire market.
Monday, June 03, 2002William Richard "WR" Smith, a veteran Thoroughbred trainer, breeder, and owner died May 27 in Ocala, Fla.
Friday, May 31, 2002Former AmTote president Ted Mudge began working at Magna Entertainment this week.
Friday, May 31, 2002A Texas judge reaffirmed on May 16 his earlier decision that an American Quarter Horse Association rule restricting the number of registered foals produced through embryo transfer violates the state's antitrust law.
Friday, May 24, 2002Fight Your Corner, winner of the Chester Vase, will run in the Vodafone Epsom Derby. Sheikh Mohammed, who bought the colt to race in the colors of his son, Sheikh Hamdan bin Mohammed al Maktoum, made the decision to pay a £90,000 supplementary fee after consulting with Sheikh Hamdan and trainer Mark Johnston.
Friday, May 24, 2002Trainer Bob Baffert and jockey Pat Day will try capturing the marquee event on Texas' richest day of racing Monday with grade I winner Congaree.
Friday, May 24, 2002Take Charge Lady is the 4-5 morning line favorite in the 1 1/16-mile $100,000 Dogwood Stakes (gr. III) at Churchill Downs on Saturday.
Friday, May 24, 2002The total all-sources handle for the Preakness Stakes (gr. I) reached $71,468,223, a 14% increase over last year, according to the Maryland Jockey Club.
Thursday, May 23, 2002Maxxam, the industry conglomerate that owns Sam Houston Race Park, posted a huge first quarter loss after its aluminum operation declared bankruptcy. The bankruptcy is not expected to affect racing operations.
Thursday, May 23, 2002Vodafone has renewed its sponsorship of the Epson Derby (Eng-I) for three years and has an option for a two-year extension.
Wednesday, May 22, 2002Youbet.com announced the promotion of seven managers Wednesday. Leading the list are former jockey agent Jeff Franklin who has become vice president of product management and Chris McConnell who is now executive director of track relations and player development.
Wednesday, May 22, 2002Penn National Gaming will proceed with a 2-for-1 split of the company's common stock on June 25.
Wednesday, May 22, 2002Youbet.com broke its single-day handle record of $1 million following the Preakness Stakes (gr. I) on May 18.
Tuesday, May 21, 2002The Nasdaq Stock Market notified executives at Youbet.com on May 16 that the company's stock was not in compliance with a $1 per share minimum standard and was subject to delisting.
Monday, May 20, 2002Gloomy weather depressed on-track wagering for the 127th Preakness Stakes (gr. I), but interest in the race around the country helped Pimlico Race Course set several wagering records.
Monday, May 20, 2002Magna Entertainment could complete a deal to buy Pimlico Race Course and Laurel Park within the next several weeks, according to a report by the Washington Times.
Friday, May 17, 2002A U.S. District Court judge on Thursday ruled to dismiss a fraud and breach of contract suit involving the retirement of 1998 Kentucky Derby (gr. I) winner Real Quiet.
Friday, May 17, 2002Canterbury Park Holding reported an 11.4% increase in revenue and a 28.6% increase in net income for the first quarter ending March 31. Revenue of $8.9 million and net income of $931,038 were records.
Thursday, May 16, 2002Gemstar-TV Guide International, parent company to the TV Games Network, posted a steep first quarter net loss due to $297.8 million write-off and declining revenu
Thursday, May 16, 2002NTRA Productions has entered into a five-year licensing agreement with Florida Equine Publications to use the name "Wire to Wire" in the title of a weekly horse racing television show on ESPN.
Wednesday, May 15, 2002Gaines-Gentry Thoroughbreds is suing a prominent Central Kentucky insurance company for negligence, fraud, and breach of contract associated with the coverage of a Storm Cat--Beautiful Bid foal and the stallion Indian Charlie.
Tuesday, May 14, 2002Good weather and lower takeout were credited with producing double digit increases in average attendance and significant gains in average on-track handle at Aqueduct.
Monday, May 13, 2002The final television ratings for the Kentucky Derby (gr. I) fell one rating point from a year ago to 7.1 and captured 18% of the viewing audience.
Thursday, May 09, 2002The TV Games Network is enjoying record growth due to the opening of Hollywood Park, the Kentucky Derby (gr. I), and an increasing popularity in Quarter Horse racing at Los Alamitos.
Wednesday, May 08, 2002Higher insurance costs and a lack of live racing caused Churchill Downs' first quarter losses to deepen.
Wednesday, May 08, 2002A profound sadness permeates Three Chimneys Farm Tuesday. Its marquee stallion Seattle Slew, who with the exception of the last 30 days was an integral part of the farm for 17 years, is gone.
Tuesday, May 07, 2002Magna Entertainment plans to a launch this summer a 24-hour horse racing network that promises to educate and entertain viewers. The Canadian racing conglomerate also is planning a national off-track betting network.
Thursday, May 02, 2002Keeneland achieved several wagering records during its 16-day spring meet that ended April 26.
Wednesday, May 01, 2002MTR Gaming Group, the owner of Mountaineer Race Track and Gaming Resort, reported double digit increases in revenue, earnings, and net income for the first quarter ending March 31.
Tuesday, April 30, 2002The Kentucky Derby (gr. I), Preakness (gr. I), and Belmont Stakes (gr. I) can be seen this year for the first time in the new high definition, digital television format.
Tuesday, April 30, 2002A major renovation of Churchill Downs may give Lone Star Park its first Breeders' Cup World Thoroughbred Championships a year ahead of schedule.
Tuesday, April 30, 2002A major renovation of Churchill Downs may give Lone Star Park its first Breeders' Cup World Thoroughbred Championships a year ahead of schedule.
Tuesday, April 30, 2002Churchill Downs is setting up its simulcasting operations as a separate operating unit within the corporation.
Monday, April 29, 2002Proper Gamble survived a late challenge by Respectful to take the $250,000 Stonerside Beaumont Stakes (gr. II) by the slimmest of noses.
Friday, April 26, 2002The University of Kentucky issued an advisory Friday regarding the eastern tent caterpillar, which is still regarded as a primary risk factor associated with mare reproductive lose syndrome.
Friday, April 26, 2002Gemstar-TV Guide stock plunged Friday after a report released two days ago said the company may have engaged in "patent misuse" and that its on-going patent infringement lawsuit may be groundless.
Friday, April 26, 2002WinStar Farm has been inundated with 600 entries for a name-the-foal contest that doesn't formally begin until May 2.
Friday, April 26, 2002Gulfstream Park ended its meet April 24 with handle and attendance numbers significantly down from a year ago.
Thursday, April 25, 2002Future wagers will be available for the first time on this year's eight Breeders' Cup World Thoroughbred Championship races.
Wednesday, April 24, 2002Youbet.com had added an entertainment industry executive and a venture capitalist to its board of directors.
Wednesday, April 24, 2002Penn National Gaming reported record earnings and revenue for the first quarter ending March 31, but also had profits slip after a large write-off of debt.
Tuesday, April 23, 2002Youbet.com notched its second leg of the Triple Crown Monday when it signed a two-year marketing and content agreement with the Maryland Jockey Club.
Tuesday, April 23, 2002Scientific Games reported $5.4 million, a gain of 10 cents per common share, in net income for the three month period ending March 31. For the same period a year ago, the company reported a net income of $4.1 million or a loss of 10 cents per share.
Monday, April 22, 2002Youbet.com has signed a one-year marketing agreement that makes the California-based company the official online wagering service for this year's Kentucky Derby (gr. I).
Monday, April 22, 2002Good weather and the introduction of account wagering helped Santa Anita Park exceed $1 billion in total handle for the third time in five years.
Monday, April 22, 2002Keeneland is changing the format of the September yearling sale's "selected sessions" so they mirror the July select yearling sale. The sale, which was 13 days last year, also will take a break the Friday of the first week.
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