Magna Entertainment Corp. earned net proceeds of $72.75 million through its sale of Convertible Subordinated Notes, which will now used to pay for capital expenditures and other general corporate purposes.
A 20 % increase in wagering in the United States on Woodbine's live Thoroughbred racing helped propel the Toronto track to an overall gain of 5.5 % for the 166-day meeting which ended Dec. 1, according to a release from Woodbine.
Autotote, which recently had a former employee plead guilty to fraud, will immediately begin installation of a new tracking device that can independently monitor wagering transactions and detect possible fraudulent activity.
With only one-week rest, Take Charge Lady is ready to anchor Team Kentucky in the inaugural Great State Challenge on Dec. 7 at Sam Houston Race Park.
Five-year-old Ile St. Louis will stand at Jay Goodwin's Good Win Farm near Arkadelphia, Ark.
- By Ray Paulick
By Ray Paulick -- Hiring New York's former mayor is not just about getting good publicity for the racing industry. Also, remembering Laddie Dance, the auctioneer.
By Dean Arnold --A stalwart racing fan recounts his chance sighting of Storm Flag Flying, one of racing's newest starlets.
High-ranking members of Congress plan to make an outright ban on all Internet wagering a top priority next year because of its vulnerability to money laundering.
- By Victor Ryan
A trial to decide the ultimate fate of the Allen Paulson Living Trust breeding and racing operation will begin Monday in San Diego County Court in Vista, California.
Four-year-old Al Ghazi, a son of Storm Cat and a $1.35 million Keeneland September yearling, will enter stud at Marvin Fleming's Fleming Thoroughbred Farm near Cashion, Ariz.
The National Steeplechase Association crowned its divisional champions at their annual awards dinner in Camden, S.C. on Nov. 17.
Jennifer Majette will send Al Skywalker to England's famed Cheltenham Racecourse for the Dec. 14 Victor Chandler Bula Hurdle.
Here are next year's scheduled racing days for NSA-sanctioned events.
A strong first breeding stock session of the Tattersalls December Sales Monday was headed by Molasses (Machiavellian), a 4-year-old in foal to Mozart offered from Maria Niarchos and family's Haras de Fresnay-le-Buffard.
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