The Kentucky Horse Racing Authority has a myriad of mandates from Gov. Ernie Fletcher and from participants in the racing industry, but according to chairman Bill Street, its #1 issue is revenue.
Magna Entertainment Corp. chairman Frank Stronach told shareholders Tuesday he expects the company to reach consistent profitability within one to three years through continued development of the company's racetracks and new self-service betting machines he believes will become more popular than slot machines.
Lane's End Farm owner Will Farish, the Ambassador to England, became the all-time leading owner at Keeneland with three wins during the recently concluded spring meeting.
By Steve Haskin -- Get out the cheese steaks and pretzels. It's party time in Philly. Smarty Jones remains unbeaten with Kentucky Derby victory.
Kitten's Joy wins the Crown Royal...
Mercedes Stables' and Madeleine Paulson's Rock Hard Ten, third via disqualification in the Santa Anita Derby (gr. I) and excluded from the 130th Kentucky Derby (gr. I) because of insufficient earnings in graded stakes events, tuned up for an expected run in the Preakness (gr. I) with a seven furlong workout Tuesday at Churchill Downs.
Trainer Nick Zito, who saddled two horses in the Kentucky Derby (gr. I), could have two or even three in the Preakness Stakes (gr. I). Zito said owner Tracy Farmer and racing manager Lincoln Collins are seriously considering the second leg of the Triple Crown for Sir Shackleton and/or Royal Assault.
Doug Arnold, owner of Buck Pond Farm near Versailles, Ky., has purchased Florida stallions Kissin Kris and Lost Soldier.
Private Emblem, whose unbeaten streak in the spring of 2002 helped bring national attention to his sire, Our Emblem, was euthanized after fracturing both sesamoid bones in his left front leg.
Not near a racetrack or OTB? Want to bet the Preakness? Then you'll need to open an account with XpressBet, the wagering platform of Pimlico Race Course owner Magna Entertainment Corp.
The one-hour race segment of NBC's Kentucky Derby coverage May 1, spanning 5:44-6:46 p.m. ET, tied for the highest-rated since 1992.
- By Ray Paulick
By Ray Paulick -- Smarty Jones' win in the Derby will feed the dreams of thousands who own or breed on a modest scale...
By Tom LaMarra -- "The Chapmans are people with great hearts, the kind of people that really make the business go. If we didn't have people like them, we wouldn't have a Derby."
The "Kentucky Derby $5 Million Pay Day" went uncollected May 1, but one contestant won a $25,000 consolation prize by selecting the top five finishers in the Derby in exact order.
A bill aimed at easing the strain of workers' compensation insurance costs for California horsemen by raising pari-mutuel takeout on exotic wagers by a half of a percentage point cleared the state Assembly by unanimous vote May 3. It is headed to Gov. Arnold Schwarzenegger for his signature.
Tampa Bay Downs, the only Thoroughbred racetrack on Florida's Gulf Coast, continued to make forward strides during its 2003-04 meet with substantial gains in attendance and handle.
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