Bryan Krantz

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Fair Grounds Plan Calls for Track to be Auctioned

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Fair Grounds, after failing to reach an agreement with Churchill Downs Inc. on a sale of the track, filed in bankruptcy court Monday evening a Chapter 11 reorganization plan that would allow for an auction of the track through the court.

CDI, Fair Grounds Begin Negotiating Potential Sale

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Negotiations over the potential sale of Fair Grounds to Churchill Downs Inc. commenced Thursday afternoon but several issues remain unresolved, including whether current Fair Grounds president Bryan Krantz would maintain a position at the track.

Churchill Downs Inc. Appears Poised to Purchase Fair Grounds

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An agreement has been reached between Churchill Downs Inc. and the Louisiana Horsemen's Benevolent and Protective Association to purchase the horsemen's legal claims against Fair Grounds, and a letter of intent was filed with track officials to purchase Fair Grounds.

Judge Puts Fair Grounds Debt to Horsemen at $89M

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A state district judge ruled March 22 that Fair Grounds owes horsemen almost $90 million in damages from the video-poker lawsuit that led to the track's filing for Chapter 11 bankruptcy reorganization last August, the New Orleans Times-Picayune reported.

Roussel Offers $30 Million for Fair Grounds

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Louie Roussel III, who owned a controlling interest in Fair Grounds until 1990, is the latest to make an offer for the New Orleans track. A week after Churchill Downs Inc. bid $28.5 million for Fair Grounds, Roussel upped the offer to $30 million, according to published reports.

Churchill Offers $28.5 Million for Fair Grounds

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Churchill Downs Inc. has apparently upped its interest in Fair Grounds. According to a local report, CDI offered $28.5 million to buy the New Orleans racetrack, though about $20 million of that would go to horsemen to settle a revenue dispute.

Report: Churchill Downs Inc. Interested in Fair Grounds

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Churchill Downs Inc. has been in negotiations with Louisiana horsemen to acquire $90 million in legal claims against Fair Grounds, which shows CDI could be interested in purchasing Fair Grounds, the New Orleans Times-Picayune reported Wednesday.

Louisiana Lawmaker Defends Racehorse Deal

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A Louisiana legislator said he and his partners received no income or preferential treatment through a deal in which Fair Grounds owners Bryan and Vickie Krantz paid their costs in connection with ownership of two Thoroughbred racehorses, the Times-Picayune reported.

Huffman Named Fair Grounds Racing Secretary

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Ben Huffman has been named new racing secretary at Fair Grounds. Huffman will replace director of racing Mervin Muniz Jr., who relinquished the position as he battles cancer.

Huffman, Boulet Join Fair Grounds Racing Staff

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Fair Grounds president and general manager Bryan Krantz announced Thursday that Ben Huffman has been added to the staff as stakes coordinator, and Jason Boulet will be assistant director of racing.

Huffman, Boulet Join Fair Grounds Racing Staff

Fair Grounds president and general manager Bryan Krantz announced Thursday that Ben Huffman has been added to the staff as stakes coordinator, and Jason Boulet will be assistant director of racing.

Krantz Re-Elected as President of TRA

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Fair Grounds president Bryan Krantz was re-elected to a one-year term as president of the Thoroughbred Racing Associations during the organization's annual meeting March 5 in New Orleans.

Fair Grounds to Launch Internet Wagering

Fair Grounds on Saturday joined the ranks of U.S. racetracks offering its own Internet wagering system. The New Orleans track will introduce Net Bet, an integrated Internet and telephone account wagering service. Net Bet will provide real time odds, full race programs, web casts of live races, archived race replays, and online betting.

New Board Member Says NTRA 'At Make-Or-Break Point'

With crucial issues such as its Oregon wagering hub and board voting structure still unresolved, the National Thoroughbred Racing Association is moving forward with a new 15-member board of directors and a recommitment from a major racetrack that had defected. "I appreciate the ongoing discussions, but we really have reached a make-or-break point," said Fair Grounds president and general manager. "I do think there's a reasonable possibility these things can be worked out."

Fravel, Krantz, Nicholson Elected to NTRA Board

In voting concluded Friday, Craig R. Fravel, executive vice president of the Del Mar Thoroughbred Club; Bryan Krantz, president and general manager of Fair Grounds; and Nick Nicholson, president and chief executive officer of Keeneland, were elected to fill three new, independent racetrack seats on the National Thoroughbred Racing Association board of directors, representing the West, South and Midwest regions, respectively.

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