Articles posted May 21, 2009

Headlines and features from the Thoroughbred industry

Thukral Named President of Twinspires.com

Rohit Thukral has been promoted to president of Twinspires.com and has been appointed executive vice president of technology initiatives for Churchill Downs Inc., it was announced May 21.

ADWs Grab Larger Share in First Quarter

Led by strong performances from Twinspires.com and Youbet.com, collective handle for the four largest domestic advance deposit wagering platforms increased by roughly 15% in the first quarter of the year, while their overall share of the national betting pie grew by more than 2%.

Donativum Set For 3-Year-Old Debut

Donativum Set For 3-Year-Old Debut

Grey Goose Breeders' Cup Juvenile Turf winner Donativum will make his highly-anticipated 3-year-old debut in the King Charles II Stakes at Newmarket on May 23 and new trainer Saeed bin Suroor is anxious to see how the talented gelding begins his campaign.

Buy-Back Rate Falls at F-T Midlantic Sale

Buy-Back Rate Falls at F-T Midlantic Sale

The Fasig-Tipton Midlantic sale of 2-year-olds in training ended its two-day run May 19 in Timonium, Md., with downturns of 11.6% in average price and 10.7% in median price that weren't nearly as severe as the setbacks experienced by many other juvenile auctions this year. In addition, the buy-back rate declined significantly, from 34.1% in 2008 to 23.1%.

Great Southern Sale's Gross Falls

The William Inglis & Son Melbourne Great Southern mixed sale generated a gross of approximately Aust$4,923,000 ($3,811,239 in U.S. funds) during its four-day run that ended May 21. Last year, when there were an additional 350 horses cataloged, the gross was approximately Aust$5.9 million ($4,567,603).

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