Youbet.com reported Monday that revenues rose 59% and operating expenses increased 32% during the first quarter of fiscal year 2002 and announced the election of Larry Lucas as chairman of the board.
The director of public affairs for the U.S. Patent and Trademark Office said in a May 13 statement published in the Lexington Herald-Leader that the Florida Thoroughbred Breeders' and Owners' Association does not have "exclusive right" to the phrase "Horse Capital of the World."
- By Tom LaMarra
In its 2001-02 annual report, the National Thoroughbred Racing Association outlines a $59.5-million budget that relies heavily on revenue from Breeders' Cup Ltd. and membership dues. The NTRA and Breeders' Cup now operate under a joint spending plan.
James Cassels and Bob Zollars' Easyfromthegitgo, runner-up in the Louisiana Derby and a troubled third in the Coolmore Lexington Stakes, breezed five furlongs over a "sloppy" track on Monday at Churchill Downs.
On Wednesday, the U. S. House Judiciary Committee is scheduled to discuss the "Combating Illegal Gambling Reform and Modernization Act," which has been targeted by at least one legislator who wants to eliminate provisions that protect interstate simulcasting and account wagering.
Good weather and lower takeout were credited with producing double digit increases in average attendance and significant gains in average on-track handle at Aqueduct.
If you're looking for a live longshot for the 127th Preakness, who is talented and fresh and in good hands, then look no farther than Equality, who turned in a solid six-furlong work in 1:13 4/5 at Pimlico Sunday.
- By Tom Precious
New York racetrack officials have angered some government budget negotiators with their push for a more lucrative video lottery terminal program.
The first southern generation of Pentire belatedly stepped up to center stage as Pantani collected the South Australian Derby (Aust-I) at Adelaide's Morphettville oval on May 11. It was close, the Danny Nikolic partnered Pantani hanging on by just a nose from Silver Baron, a son of former shuttler Defensive Play.
The weanling portion of New Zealand Bloodstock's national mixed sale ended on Monday with downturns from the previous year.
Haley's Saucy Cat zipped an eighth of a mile in :10.10, turning in the fastest work at that distance Friday during the under tack show for the Barretts May sale of 2-year-olds in training.
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