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Churchill Downs Inc., operator of four major racetracks in the United States, has informed the National Thoroughbred Racing Association via letter it won't renew its membership for 2010.
Friday, May 07, 2010
Breeders' Cup has lost a longtime sponsor in Bessemer Trust but has fielded interest from other companies in the financial services sector.
Wednesday, January 28, 2009Horse Racing Ireland announced Nov. 20 a series of budgetary measures for 2009, including a reduction in prize money, a freezing of grant aid to organizations supported by HRI, a pay freeze for HRI staff and restrictions on racecourse capital development projects.
Thursday, November 20, 2008
Handle on races in the United States sharply dropped 9.85% in the third quarter of this year, clearly in keeping with a trend that began in early 2008.
Thursday, October 09, 2008
After its ninth day, which produced a session-topper of $400,000, the marathon Keeneland September yearling sale business-wise remained down. But given recent developments on Wall Street, overall economic stagnation, and the aftermath of hurricanes, things could be much worse, consignors said.
Thursday, September 18, 2008A popular definition for a recession is a decline in a country's gross domestic product for two or more consecutive quarters in a year. So far, that hasn't happened in the latest economic downturn, but there is plenty of bad financial news around concerning gas prices, home values, and job losses
Monday, July 07, 2008By Richard Zwirn - While not an economist, it was clear that these are difficult fiscal times. Costs for just about all goods and services have risen dramatically.
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