Articles posted July 11, 2008

Headlines and features from the Thoroughbred industry

That Handicapping Show: July 10 Episode

That Handicapping Show: July 10 Episode

Hosted by Jason Shandler and Tom LaMarra, "That Handicapping Show" is a weekly video show dedicated to horse players.

This week, Jason and Tom handicap the Delaware Oaks. Plus selections from Cary Fotias of Equiform.

Mountaineer: New Election, Old Issues

Mountaineer: New Election, Old Issues

It began in 2006 with an anonymous flyer questioning the effectiveness of the Mountaineer Horsemen's Benevolent and Protective Association, and snowballed into allegations, a protest, litigation, and paper trail that led some to question the validity of the association's most recent election.

Handle Down, Purses Up in Second Quarter

Pari-mutuel handle took a hit but purses gained a bit in the second quarter of 2008, according to the "Thoroughbred Racing Economic Indicators" for United States and Canadian pari-mutuel wagering on U.S. Thoroughbred racing.

CBA Seeks Sale Horse Info Standards

The Consignors and Commercial Breeders Association (CBA) has developed a series of questionnaires that are designed to help standardize the pre-sale information that consignors gather from horse owners or their representatives.

MI Developments Wins Greenlight Appeal

A New York investment company and affiliates have lost their appeal of a shareholder oppression lawsuit they originally filed against the parent company of Magna Entertainment Corp., with the Canadian judges affirming lower-court awarded indemnity costs of $2.1 million.

Youbet: 2007 Loss Now $28.4 Million

Youbet: 2007 Loss Now $28.4 Million

Youbet.com has restated its earnings for 2007 due to a recalculation of an earn-out payment to the former owners of defunct subsidiary International Racing Group, increasing its annual loss for the year to $28.4 million.

Kentucky Downs Announces Stakes Schedule

Kentucky Downs Announces Stakes Schedule

Highlighted by the $200,000 Kentucky Cup Turf (gr. IIIT) and the return of Steeplechase racing to Kentucky Downs, the 2008 stakes schedule was released today for Kentucky Downs' upcoming live meeting, which runs from Sept. 13-23.

Tattersalls July Sale Figures Decline

Tattersalls' July sale finished in Newmarket, England, July 11 with figures notably down from 2007. The gross of 7,515,200 guineas dropped by 31%, the average price of 14,823guineas fell by 20%, and the median of 7,900 guineas declined 28%.

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Trainer: Bob Baffert
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