Ryan Conley

Florida OKs Quarter Horse Permit

There may be more opportunities for Thoroughbreds to race in Florida in the coming years as at least one proposed Quarter Horse track has received a permit from the state, with a second such facility under consideration for similar licensing.

TVG Deal Opens NJSEA to TrackNet

TVG Deal Opens NJSEA to TrackNet

A deal struck between TVG and the New Jersey Sports and Exposition Authority extends the network's previous agreement for rights to signals from Monmouth Park and Meadowlands, but allows the NJSEA to separately negotiate with entities affiliated with TrackNet Media Group.

The Meadows Changes Hands

The parent company of the The Meadows Racetrack and Casino in Pennsylvania, which is operated in part by former owner Magna Entertainment Corp., has been sold for $1.75 billion to an Australian entity, it was announced Dec. 12.

Settlement Reached in KHRA Lawsuit

Settlement Reached in KHRA Lawsuit

Bernie Hettel has reached an agreement to settle a federal lawsuit with the Kentucky Horse Racing Authority and others, based on an apology from the agency in regard to actions taken after his 2004 departure as executive director of the former Kentucky Racing Commission.

Damages Awarded in Stallion Trial

A Las Vegas federal jury has awarded nearly $1.9 million in damages to a New York horsewoman and her partners in a case involving the undisclosed sale of shares and seasons of prominent Thoroughbred stallions.

Champion Resigns Youbet Posts

Champion Resigns Youbet Posts

Chuck Champion has resigned his executive positions with Youbet.com, ending a five-year tenure that featured bouts of growth and turmoil for the advance deposit wagering entity.

Dragone Ready for MJC Challenge

Dragone Ready for MJC Challenge

Chris Dragone knows he is wading into some fiery situations as the new head of the Maryland Jockey Club, but said he is more than willing to take whatever heat necessary to right a rocky ship.

Jockeys' Guild Operating in Deficit

Jockeys' Guild Operating in Deficit

The financially troubled Jockeys' Guild has slightly more assets than liabilities, but projects a working monthly deficit of nearly $120,000, according to documents filed Nov. 26 in compliance with the group's bankruptcy protection action.

McPeek Lawsuit Targets Curlin Sale

McPeek Lawsuit Targets Curlin Sale

Trainer Kenny McPeek has filed a lawsuit in Kentucky against a company involving two jailed attorneys who are part owners of leading Horse of the Year candidate Curlin, alleging he is owed money from the previous sale of the horse.

IRG Contests Oregon Suspension

IRG Contests Oregon Suspension

International Racing Group has contested a decision by the Oregon Racing Commission to suspend its state operating license, and will continue to conduct business through its hub pending an administrative law hearing.

Numbers up for Keeneland Session

Buyers at the eighth session of the Keeneland November breeding stock sale kept things rolling Nov. 12, pushing the gross, average, and median towards positive gains in a session-to-session comparison over 2006.

Legislators OK Task Force Rules

Legislators embraced recommendations of self-regulation for Kentucky horse auctions during a committee session Nov. 9, and applauded the effort of the Sales Integrity Task Force that formulated them.

CDI Keeping an Eye on the Future

CDI Keeping an Eye on the Future

Churchill Downs Inc. reported a 7.1% increase in net revenue for the third quarter of 2007, but realized a 62.9% decline in net earnings, as the company's chief executive voiced hope for the future on a variety of fronts during a Nov. 8 conference call.

IRG a Hot Topic During Youbet Call

IRG a Hot Topic During Youbet Call

Youbet.com reported a decline in overall handle and increase in total revenue for the third quarter of 2007, but a related earnings conference call with analysts Nov. 7 was punctuated by discussion of the federal investigation involving the company's off-shore entity, International Racing Group.

Padua's Interest in Curlin Acquired

Padua's Interest in Curlin Acquired

Jess Jackson's Stonestreet Stables and George Bolton have acquired Padua Stables' interest in likely Horse of the Year Curlin, whose ownership structure has been under a cloud due to legal actions involving the principals of another part-owner, Midnight Cry Stable.

Midnight Cry's Interest in Curlin Intact, Attorney Claims

Midnight Cry's Interest in Curlin Intact, Attorney Claims

An attorney representing a limited liability company that includes embattled attorneys William Gallion and Shirley Cunningham Jr. claims his client's ownership interests in likely Horse of the Year Curlin is still intact, and is not in the hands of 400-plus plaintiffs in a class-action lawsuit settlement.

Former Youbet CEO Resigns Board Position

Former Youbet CEO Resigns Board Position

Former Youbet co-founder and chief executive officer David Marshall has resigned his position as vice-chairman of the company's board of directors, according to an Oct. 30 filing with the U.S. Securities and Exchange Commission.

Wagering Declines on 2007 Breeders' Cup

Wagering Declines on 2007 Breeders' Cup

A total of $111,903,685 was wagered from all sources on the 11-race Breeders' Cup World Thoroughbred Championships card at Monmouth Park Oct. 27, according to preliminary data, a decline of 20.3% from the all-time record set at Churchill Downs last year.

English Channel Breaks Through in Turf

English Channel Breaks Through in Turf

English Channel pulled away from a tight pack coming out of the final turn and exploded through the stretch to win his first $3 million John Deere Breeders' Cup Turf (gr. IT) in three tries, beating a field that included European star Dylan Thomas.

Many Ups, Few Downs for West Point Thoroughbreds

Many Ups, Few Downs for West Point Thoroughbreds

While Terry Finley is flying high with his West Point Thoroughbreds having interests in five horses entered in the Oct. 26-27 Breeders' Cup World Championships, the owner and his partners are lying low with regard to one of their former trainers.

ClassicStar Suits Transferred to Kentucky

Several lawsuits pending against ClassicStar have been consolidated into a single action to be heard in Kentucky federal court, but the primary operating entity of the former broodmare-lease marketer will be temporarily exempt from litigation pending its bankruptcy action.

ClassicStar Lawsuits Transferred to Kentucky

ClassicStar Lawsuits Transferred to Kentucky

Several lawsuits pending against ClassicStar have been consolidated into a single action to be heard in Kentucky federal court, but the primary operating entity of the former broodmare-lease marketer will be temporarily exempt from litigation pending its bankruptcy action.

IRG Faces License Suspension in Oregon

IRG Faces License Suspension in Oregon

The Oregon Racing Commission has notified International Racing Group that it intends to suspend its state operating license as an advance deposit wagering company, but parent company Youbet.com says it is working to prevent such an event.

Youbet In, IRG Out Among Those with Breeders' Cup Agreements

Youbet In, IRG Out Among Those with Breeders' Cup Agreements

Breeders' Cup Ltd. has anounced agreements to carry the World Championship signals with all major account deposit wagering platforms, including Youbet.com, which has been involved in a federal investigation regarding activities of its off-shore wagering entity, International Racing Group.

Task Force Recommendations Draw Praise, Criticism

Task Force Recommendations Draw Praise, Criticism

Preliminary recommendations aimed at self-regulation for the equine auction industry were unveiled by the Sales Integrity Task Force during a public forum held at the Keeneland sales pavilion Oct. 15, but the driving force behind Kentucky legislation seeking reform in the public selling arena quickly voiced displeasure with the suggestions.

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