Articles posted August 3, 2006

Headlines and features from the Thoroughbred industry

Expansion of Gaming Closer for Oaklawn Park

Expansion of gambling at Oaklawn Park in Hot Springs, Ark., moved one step closer to reality after the Arkansas State Racing Commission approved rules and regulations for electronic games of skill at its Aug. 1 meeting in Little Rock.

Youbet .com Reports Strong Gain in Net Income

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On the heels of increased revenue growth from International Racing Group, Youbet.com reported a record second-quarter net income of $2.2 million for the period that ended June 30. The figure is up from $1.3 million in the second quarter of 2005.

Stronach Touches on New York, Partnership With CDI

Magna Entertainment Corp. chairman Frank Stronach indicated his company hopes to be involved in New York racing on some level, and that it also is working with Churchill Downs Inc. on projects that will benefit the two companies and the industry at large.

NetJets Renews Sponsorship Through 2007

NetJets, the National Thoroughbred Racing Association, and Breeders' Cup Limited announced Aug. 3 that NetJets has renewed its marketing partnership with the NTRA/Breeders' Cup through 2007. NetJets has been a sponsor of the NTRA and Breeders' Cup since 2002.

Inaugural Arlington Million Turf Challenge Begins Aug. 9

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Arlington Park will offer for the first time in 2006 the "Arlington Million Turf Challenge," an online fantasy sports game that allows racing fans to select a stable of International Festival of Racing starters, which will open for registration Aug. 9.

Saratoga Diary: Heat Leaves Owner in Cold

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Jack Wolf was looking forward to the first running of the Ashado Stakes. He believed all along that if any track was to have a race named after his Eclipse Award winner, it should be Saratoga Racecourse or Belmont Park, the scenes of some of his filly's biggest triumphs.

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