Articles posted April 19, 2002

Headlines and features from the Thoroughbred industry

New Jersey Horsemen Reach Agreement

An agreement was reached Friday in New Jersey between Thoroughbred and harness horsemen over racing dates, simulcasting revenue splits, and purses.

Prairie Meadows Back to Drawing Board

Negotiations with horse racing interests at Prairie Meadows will be reopened. Polk County supervisors on April 16 said they fear a proposed lease agreement won't protect taxpayers if profits at the racetrack and casino fail to meet expectations.

Magna: More Tracks, Profit-Sharing Plan for Racing

Look for more of the same from Magna Entertainment, which has built itself into the largest operator of Thoroughbred racetracks in the country, in the next two years. In addition, company chairman Frank Stronach has proposed a plan to split profits from racing.

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