News

Headlines and features from the Thoroughbred industry

Michigan Racino Bill Still in Conference Committee

Officially there is still life in legislation to introduce video lottery terminals to Michigan racetracks. But following an Aug. 4 vote in the state legislature, the breathing is shallow and the pulse is weak.

Magna Posts Losses But Growth Plan Continues

Magna Entertainment Corp. recorded a net loss of $25.4 million in the second quarter of 2004, but officials said the company continues to "see meaningful results" from cost-cutting initiatives and the work of its Continuous Improvement Team.

Chowder's First Outduels West Virginia

Chowder's First outdueled West Virginia in the stretch of Wednesday's $250,000 restricted New York Stallion Stakes (Cab Calloway Division) at Saratoga Race Course. The 3-year-old son of Let Goodtimes Roll covered the 1 1/8-mile distance in 1:50.99. West Virginia was a neck back for second, with Pay Attention a distant 9 1/2-lengths back in third.

Trainer Louis Meittinis Dead

Trainer Louis Meittinis died Monday night in his Westbury, N.Y., home of an apparent heart attack.

English Trainer Alec Stewart Dead

Alec Stewart, trainer of English and French champion Mtoto, died Aug. 4 at his home in Newmarket, England, after a long battle with cancer.

Report: Industry Must Maximize Customer Benefits

A recently released report on wagering trends concludes the "handle up, purses down" situation isn't new, and that "incentive wagering service providers"--rebate operations--improve the competitiveness of the pari-mutuel industry.

Tired of Weighting

Tired of Weighting

By Dan Liebman -- These days, the country's best older horses rarely line up and race against each other in handicaps. Trainers often decline to run if their charges are asked to carry weight, and racing secretaries know that. Since racing secretaries today aren't going to really weight horses, let's just do away with handicaps and move on.

Little Patch of Heaven

By John Williams -- Of all the runners to have carried the famous flamingo pink silks of Harbor View Farm, Affirmed and his brilliant champion daughter Flawlessly stand above the others in the hearts of Lou and Patrice Wolfson.

Big TV Weekend for Classic Division

The Breeders' Cup Classic Division Powered by Dodge takes center stage this weekend as 3 year olds and up start serious preparation for the headline event at Lone Star Oct. 30. The action will be televised by the ESPN family of networks.

Blood-Horse Launches Initiative to Educate Kentucky Legislators

Blood-Horse Publications is providing each member of the Kentucky Senate and House of Representatives with an annual subscription to The Blood-Horse the company's flagship publication and the oldest continually published North American Thoroughbred magazine. Blood-Horse Publications launched the initiative as part of its ongoing 88-year mission: To inform and educate.

MEC Has Plans--With or Without NYRA

Magna Entertainment Corp. is still willing to partner with the New York Racing Association, but it is also pursuing its own move into the New York marketplace in case NYRA isn't serious about a merger, MEC president Jim McAlpine said.

Lion Heart, Rock Hard Ten Set for Haskell

Lion Heart, Rock Hard Ten Set for Haskell

The second season begins in earnest for the 3-year-olds the weekend of Aug. 7-8, with the runnings of the Haskell Invitational Handicap (gr. I), Jim Dandy Stakes (gr. II), and West Virginia Derby (gr. III). If there is even the slimmest chance of dethroning Smarty Jones for the title, someone is going to have to run the table.

Indiana Panel: No Cutoff of Kentucky Signal

The Indiana Horse Racing Commission Aug. 2 rebuffed Indiana Downs' latest attempt to ban Kentucky Thoroughbred signals from all wagering outlets in the state.

Instant Racing Handle Nears $100M Mark

RaceTech, the company behind Instant Racing, expects to top the $100-million mark in total handle sometime this year. Instant Racing--basically pari-mutuel video lottery terminals--went online early in 2000 at Oaklawn Park and Southland Greyhound Park in Arkansas.

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