Articles posted January 9, 2004

Headlines and features from the Thoroughbred industry

National Gaming Exec Warns Legislators on Taxes

Taxing gaming revenues at the current rates could kill the golden goose, the president of the American Gaming Association warned the National Council of Legislators from Gaming States meeting at Harrah's Las Vegas Friday.

Racing Making Strides, NTRA Rep Tells Legislators

Racing is making significant strides in a number of important areas, but needs legislative assistance in others, a representative of the National Thoroughbred Racing Association told a panel of legislators from gaming states Friday during a meeting in Las Vegas.

Mixed Signals During Early Part of Gulfstream Meet

Mixed Signals During Early Part of Gulfstream Meet

Though it is early, with just four racing days in the books, Gulfstream Park's 2004 meet has thus far sent mixed signals. Although on-track performance has shown increases in attendance and wagering, the all-sources handle has shown a drop of nearly 19%.

Handicappers Call for Boycott of Magna

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.

Racing Services Officials Appear in Court

A preliminary hearing has been set in North Dakota state court for two executives of a Fargo horse-betting company who are accused of running an illegal off-track betting site.

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