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TwinSpires Wagering Site to Begin May 2

A new advance deposit wagering service, TwinSpires, is prepared to launch on May 2, accepting wagers on the 2007 spring meet at Churchill Downs racetrack in time for the 133rd renewals of the Kentucky Derby Presented by Yum! Brands (gr. I) on May 5 and the Kentucky Oaks (gr. I) a day earlier, Churchill Downs Inc., announced.

THA: TrackNet Plans to Have Horsemen at Table

Though questions persist about TrackNet Media Group, the entity formed by Churchill Downs Inc. and Magna Entertainment Corp. to buy and sell simulcast signals, it has generated an initial positive response from one of the country's major horsemen's groups.

Fade to Black

By Ray Paulick -- One of the interesting things about Thoroughbred racing is the penchant so many people have of knocking something into oblivion, and later complaining about the fact it's gone. Take TVG, for example.

Geary to Discuss Vision for Ellis Park at Meeting

  • News

Ron Geary, who is expected to close on his purchase of Ellis Park in late September, will discuss his vision for the western Kentucky racetrack at an Oct. 2 meeting of the Louisville Thoroughbred Club.

Account-Bet Dispute Continues; Hawthorne Signal in Jeopardy

Churchill Downs Inc. exercised its contractual rights in regard to an account wagering dispute in Illinois by revoking permission for TVG sub-licensees to take bets on the Arlington Park signal, a company official said a day after the Arlington meet ended. Meanwhile, it remains unclear whether the Hawthorne Race Course signal would be available through TVG or other account wagering outlets.

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.

Meeker Presides Over Final Shareholders' Meeting

As the search for his successor continues, Churchill Downs Inc. president and chief executive officer Tom Meeker presided over his 22nd and final shareholders' meeting Thursday, painting a positive picture of the racetrack operating company's future while also accepting plaudits from fellow directors and company employees.

Churchill, Magna to Provide Races to UK

Churchill Downs Inc., Magna Entertainment Corp., and Racing UK announced April 7 that the three organizations have reached agreement to partner in a subscription television channel that will broadcast races from CDI and MEC racetracks, as well as other North American and international racetracks, into the United Kingdom and Ireland.

Meeker: Account Wagering Needs Overhaul, Expansion

Expansion of account wagering and improvements to existing platforms are a chief objective of Churchill Downs Inc., whose chief executive officer, Tom Meeker, indicated change is needed to generate more industry revenue and maintain or expand the customer base.

Indiana Legislation Targets Incoming Simulcasts

Legislation to be considered by the Indiana Senate would mandate that incoming simulcasts be made available to all wagering outlets in the state or not be available at all. The bill was reported out of the Senate Committee on Homeland Security, Utilities, and Public Policy Jan. 24.

Goodrich to Leave President's Post at Arlington Park

Churchill Downs Inc. announced Dec. 12 that Clifford C. Goodrich would leave his position as president of Arlington Park, the company's racetrack in Arlington Heights, Ill., in order to pursue other professional and personal interests.

Hollywood Park Sale Gives CDI Big Quarter

  • News

Churchill Downs Inc. reported net earnings of $71.6 million for the third quarter of 2005, up from a loss of $3.8 million for the same period last year, thanks to the sale of Hollywood Park in Southern California.

Live Racing Up in the Air; Gulfstream Takes Horses

Restoration of power is the key to whether Calder Race Course can resume simulcast operations in time for the Oct. 29 Breeders' Cup World Thoroughbred Championships at Belmont Park, and the South Florida racetrack's live racing schedule remains up in the air in the aftermath of Hurricane Wilma, which damaged a number of barns in the stable area.

Ellis Park's Paul Kuerzi to Step Down

  • News

Paul Kuerzi, who has served as vice president and general manager of Ellis Park since 1999, has announced plans to leave the Henderson, Ky., track at the end of the year.

'Big Three,' Others to Renew NTRA Membership

The three major racetrack operators -- Churchill Downs Inc., Magna Entertainment Corp., and the New York Racing Association -- have confirmed along with other racing associations and horsemen's groups the renewal of their membership in the National Thoroughbred Racing Association.

Churchill Downs Completes Sale of Hollywood Park

  • News

Churchill Downs Inc. and Bay Meadows Land Company completed the sale of Hollywood Park racetrack and surrounding acreage at the Inglewood, Calif., site to Hollywood Park Land Company, an affiliate of BMLC, for $257.5 million. CDI will use the proceeds of the sale to pay down debt.

NTRA Approaches Critical Point on Memberships

With 2006 a little more than three months away, the National Thoroughbred Racing Association continues to push for membership renewals and seek new members in advance of its annual meeting, scheduled for Oct. 10-12 in Lexington.

Churchill, Horsemen Agree on 37-Day Meet in Louisiana

  • News

Churchill Downs Inc. Tuesday announced the company had reached a preliminary arrangement with the leadership of the Louisiana Horsemen's Benevolent and Protective Association ("LAHBPA") on details for a shortened Fair Grounds race meet from Nov. 19, 2005, to Jan. 22, 2006, for a total of 37 race dates.

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