Articles posted June 24, 2002

Headlines and features from the Thoroughbred industry

NYRA Has Capital Plan for $100 Million in Loans

The New York Racing Association should know by the end of the week of June 24 if it will receive about $100 million in new loans for a major capital program at its three racetracks, the head of the racing organization said.

Canterbury, Horsemen Sign Off on Purse Increase

Canterbury Park, which operates a successful card club in its clubhouse, and the Minnesota Horsemen's Benevolent and Protective Association have raised overnight purses by 5%. The increase is the fourth in three years.

Black Ruby Just Keeps Going And Going

Black Ruby, Mule racing's version of the Energizer Bunny, won the 43rd of her career in her 49th start June 23 at the San Joaquin County Fair in Stockton, Calif. The 10-year-old queen of racing Mules has now banked more than $140,000 in her career.

Filion Returns; Apparently Hasn't Missed a Beat

On the same day Chris McCarron, one of Thoroughbred racing's all-time leading riders, retired on a winning note, Herve Filion, the all-time leading Standardbred driver, returned to the track after a seven-year absence and won three races.

Gemstar Stock Crashes 39%

Gemstar-TV Guide International, the parent company of the TV Games Network, lost 39% of its value Monday in a frenzy of selling. Investors reacted to a ruling June 21 that Gemstar's patents for an interactive television program guide have not been infringed by competing products.

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