A plan to attract new owners by selling an interest in the 2-year-old stable of Bob and Beverly Lewis has been shelved, said Barry Weisbord, who helped facilitate the venture through his Premier Thoroughbred Ventures.
A bankruptcy auction for Fair Grounds has been tentatively set for Aug. 16, pending approval of an amended bankruptcy plan that was scheduled to be filed by the New Orleans, La., racetrack June 23.
The Thoroughbred Owners and Breeders Association has formed a committee that will study the use of jockey advertising in live races and try and come up with a plan "that benefits the entire sport."
Darby Dan Farm was left without power or telephone service Friday morning because of an overnight storm that ripped roofs off houses and damaged homes in Central Kentucky, but most Bluegrass horse farms appear to have emerged relatively unscathed.
John Van de Kamp, who will be leaving his position as president of the Thoroughbred Owners of California July 1, was elected president of the California Bar Association Tuesday.
Trainer Claude McGaughey goes by the nickname "Shug," but the more apropos moniker may now be "First Ballot" McGaughey after being selected for induction to the National Museum of Racing's Hall of Fame in his first year of eligibility Tuesday.
Jockey Kent Desormeaux was already in elite company among riders prior to his selection for induction into the National Museum of Racing's Hall of Fame Tuesday.
Merchandise featuring the image of dual classic winner Smarty Jones, including t-shirts and caps, will be available at racetracks across the country on Belmont Stakes (gr. I) day under a deal reached between the National Thoroughbred Racing Association and the undefeated colt's owners, Roy and Patricia Chapman.
Employees at Magna Entertainment Corp.'s Standardbred track Flamboro Downs have set a strike deadline of midnight Tuesday in response to what it called MEC's "attempt to intimidate workers into dropping key demands" during collective bargaining negotiations.
Magna Entertainment Corp. chairman Frank Stronach told shareholders Tuesday he expects the company to reach consistent profitability within one to three years through continued development of the company's racetracks and new self-service betting machines he believes will become more popular than slot machines.
Not near a racetrack or OTB? Want to bet the Preakness? Then you'll need to open an account with XpressBet, the wagering platform of Pimlico Race Course owner Magna Entertainment Corp.
A bill that would outlaw the slaughter of horses for human consumption was introduced Tuesday in the U.S. Senate by Sen. John Ensign of Nevada.
Horsemen in New Jersey will be running for bigger purses starting at Monmouth Park May 29 under a subsidy deal reached between Atlantic City casino and the New Jersey Thoroughbred Horsemen's Association.
After hearing final arguments Tuesday morning, a federal judge said he will rule on whether to allow jockey advertising in this year's Kentucky Derby (gr. I) Wednesday morning.
Alpine Capital Bank, which purchased Daily Racing Form for $40 million in 1999, may be close to selling the 110-year-old daily to The Wicks Group for a reported $60 million.
A federal judge is expected to rule this week on whether jockeys competing in this year's Kentucky Derby (gr. I) would be allowed to wear corporate advertising on their pants.
An antitrust lawsuit filed last year by owner Michael Gill against Delaware Park has been settled, which paves the way for the nation's leading owner in 2003 to return to action at the track when its live meet opens Saturday.
TV Games Network will not exercise its warrant to become a majority shareholder in Youbet.com, though it will receive an additional 1-million shares in Youbet for providing notice of its decision prior to April 1.
Fair Grounds, which was scheduled to submit a bankruptcy reorganization plan by March 29, has been granted an extension of April 15 by U.S. Bankruptcy Court.
David Rovine, Gulfstream Park's director of marketing who played an instrumental role in bringing weekend rock and jazz to the South Florida track, was fired this week as part of a corporate restructuring, said track president Scott Savin.
Delaware, beginning May 11, will join New York and Ontario, Quebec, as jurisdictions with rules to penalize horses that test positive for erythropoietin antibodies.
Legislators in Illinois have begun grumbling over riverboat casino legislation passed in 1999 that earmarks 15% of adjusted gross revenue from the state's 10th and final casino to the state's horse industry.
Magna Entertainment Corp. chairman Frank Stronach wants to get things moving with his company's proposed racetrack in Romulus, Mich., but state racing commissioner Robert Geake reiterated Thursday that much remains to be accomplished before any action can be taken.
Patrons accustomed to a bird's-eye view of the Kentucky Derby (gr. I) from Millionaires' Row will instead be watching from the infield this year as a consequence of Churchill Downs $95 million clubhouse renovation.
Wagering through TV Games Network rose 34% in 2003 to $213,725,181 and television distribution of the network increased by 45%, the company reported Thursday.
Magna Entertainment Corp. may have some explaining to do at this month's California Horse Racing Board meeting as handle for its account-wagering service, Xpressbet, suffered an 18.4% decline among California residents during the year's first two months.
The gaming room at Saratoga Gaming and Raceway, which opened Jan. 28, handled $82 million and provided net earnings of $6.3 million through March 1.
The Illinois Racing Board has amended its medication rules to drastically increase the penalties for a positive "milkshake" test and also bans any type of hypodermic injection of a horse 24 hours before a scheduled start.
Magna Entertainment Corp. has established a "continuous improvement" team under the supervision of chief operating officer Don Amos that will conduct an orderly study of the company's racetrack operations.
Legislation recently introduced in both chambers of the U.S. Congress would accelerate the implementation of a proposed national livestock identification program that would include all farm-raised animals, including horses.
An ambitious strategic plan Churchill Downs Inc. hopes to accomplish in 2004, which president Tom Meeker said will "change the culture of our company," includes a major customer service initiative, increased branding of the company's assets, and possibly even a company-owned account-wagering platform.
California owner-breeder Michael Power pleaded guilty to a misdemeanor theft charge Monday and was sentenced by Superior Court in Auburn, Calif., to 30 days in jail, three years probation, and a $100 fine.
The Arkansas Racing Commission began testing for erythropoietin antibodies Sunday as part of a series of changes to the state's medication rules.
The Illinois Horse Racing Board Monday authorized a "recapture" payment of $13.7 million from the horsemen's purse fund to the state's racetracks.
A total of 434 3-year-olds remained eligible for this year's classics following completion of the Visa Triple Crown Challenge early nomination period Jan. 17.
A complaint was filed with the Federal Trade Commission Thursday against Magna Entertainment Corp. for allegedly violating anti-trust laws with its new restrictive account-wagering policy.
Seabiscuit, the summer blockbuster about the famous Depression-era racehorse, received seven Academy Award nominations, including one for Best Picture.
The Kentucky Thoroughbred Association notified its membership of its agenda for the upcoming Kentucky legislative session during a Jan. 23 meeting at the Keeneland sales pavilion.
The Illinois Horse Racing Board is scheduled to meet Jan. 29 to decide on a $13-million "recapture" payment to the state's racetracks that would come from the horsemen's purse account.
Jesse Skees, who serves as executive director of the Office of Inspector General for the Kentucky Natural Resources and Environmental Public Protection Authority, will be the acting executive director of the Kentucky Horse Racing Authority until a permanent replacement is found.
Breeders' Cup foal nominations rebounded in 2003 after two years of declines. A total of 14,927 foals were nominated to the Breeders' Cup in 2003, which marks a 7.3% increase from the previous year.
A disgruntled professional handicapper is mobilizing fellow players to boycott all tracks owned by Magna Entertainment Corp. The action comes in response to the company's recent decision to discontinue accepting bets from account wagering providers other than the Magna-owned platform Xpressbet.com.
The latest in a growing number of simulcast contract disputes has led the New York Racing Association and Magna Entertainment Corp. to cease doing business with Tampa Bay Downs.
Racing Services founder Susan Bala and vice president Raymundo Diaz pleaded not guilty in U.S. District court Thursday to charges of conspiracy to conduct an illegal gambling business and money laundering.
After eight years of service, John Van de Kamp will be stepping down from his post as president and general counsel of the Thoroughbred Owners of California on July 1, 2004 after eight years of service.
The North Dakota Racing Commission meeting scheduled for Thursday, which was to include a decision on whether Racing Services would be renewed as the state's simulcasting provider, has been postponed. A decision to reschedule the meeting should be made Friday, a spokesperson said.
The executive committee of the New Jersey Sports and Exposition Authority declined at a meeting before the Thanksgiving holiday to decide whether formal bids to purchase Meadowlands and Monmouth Park would be accepted.
In a surprise move in Oregon, Magna Entertainment Corp. has removed the Instant Racing machines that were installed earlier this year at its two tracks, Portland Meadows and Multnomah Greyhound Park.
Tetrahydrogestrinone, a new designer steroid that has rocked human athletics in recent months, has been duly placed on the radar of North American racing. But there are no plans to take action against the potential performance-enhancer, racing officials said.
Three applications to conduct telephone account wagering in Virginia were submitted to the state racing commission during its monthly meeting Wednesday.
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