Greenwood Racing

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Pennsylvania Track Plan Could Draw Opposition

The former president of Pocono Downs has a plan to bring Standardbred racing back to the Delaware Valley, but some view his proposal as an attempt to cash in on slot machines should the Pennsylvania legislature approve such a measure.

Greenwood, Centaur Suitors for Maryland Track

At its general membership meeting Aug. 13, the Cloverleaf Standardbred Owners Association discussed two unsolicited proposals for the purchase of Rosecroft Raceway in Maryland from two racing corporations, one of which is Greenwood Racing. But the harness track apparently isn't for sale.

Greenwood Exec Gagliano Headed to Magna

Jim Gagliano, executive vice president and general manager at Philadelphia Park, will leave that post Feb. 22 to take a job with Magna Entertainment. Gagliano will head Magna's off-track betting operations.

Magna-Greenwood-Roberts Announce Racing TV Venture

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A new network to telecast horse races was unveiled Friday by Magna Entertainment Corp., Roberts Communications Network, Inc., and Greenwood Racing, Inc. The service effectively replaces the former satellite served called The Racing Network, which ceased operations last year after failing to sign up enough customers.

Oaklawn Kicks Off 54-Day Meet

Oaklawn Park raises the curtain on its 54-day meet Friday in the heart of Hot Springs National Park in Arkansas. The oval first saw racing in 1905.

The Racing Channel Plans International Wagering

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The Racing Channel, an online handicapping and odds service with links to Philadelphia Park's Phonebet service, was granted approval to operate a "multi-jurisdictional simulcasting and interactive wagering totalizator hub" in Oregon. The approval includes an international marketing service that would take wagers from the United Kingdom through legal bookmakers.

Philly Park Now Offers Internet Betting

Customers of the Philadelphia Park Phonebet system can now use the Internet to make wagers. Greenwood Racing, which owns the Pennsylvania racetrack, has unveiled "Phonebet.com," a Web site for computerized betting. Users can watch live odds, the live race feed, and make bets simply by using their mouse.

The Racing Network Suspends Operations

The Racing Network, which is based at Philadelphia Park, announced Monday it has suspended operations effective immediately. The Racing Network International, an associated company that broadcasts United States racing internationally, remains operational.

Legislative Issues Said to Have Stalled OTB Sale

The sale of New York City Off-Track Betting apparently hinges on legislative changes that would make the entity more attractive to potential buyers. Meanwhile, it appears the state legislature may have more time to examine the issue given the fact they may remain in Albany into the summer.

With Garden Gone, Bettors Play Waiting Game

Now that live racing and simulcasting has ended permanently at Garden State Park, Pennwood Racing, which owns nearly 10 acres of land at the site, must wait for off-track betting legislation to pass in New Jersey, and gain regulatory approval from Cherry Hill Township, before it begins construction on a planned off-track wagering parlor.

Report: Garden State to Close for Good in May

The Thoroughbred community figured the April-early May meet at Garden State Park would be the track's last. But the Standardbred community was shocked to find out that this fall's harnesss meet wouldn't go. In fact, the New Jersey racetrack will shut down for good May 29, even for simulcasting.

Schwartz: Alliance 'Makes a Lot of Sense'

At the New York Capitol building Tuesday afternoon, legislative sources were already predicting the new partnership of the New York Racing Association, Churchill Downs Inc., and the TV Games Network has a strong edge over the group headed by Magna Entertainment in the bidding for New York City Off-Track Betting Corp.

Magna-Led Group Hires Lobbyist in New York

A Magna Entertainment-led group that submitted a bid for New York City Off-Track Betting Corp. has added a well-placed lobbyist at the state capital, an unusual pre-emptive move for a contract that hasn't been awarded. GMR-NY, a company incorporated in Delaware, has signed a deal to pay $110,000 to Patricia Lynch, who until Dec. 31 had been the closest adviser to Assembly Speaker Sheldon Silver, a Manhattan Democrat.

New York City OTB Bidding Said to be Wide Open

All parties that met the city's demand of a bid of at least $250 million remain in the running for ownership of New York City Off-Track Betting Corp., sources close to the situation said Thursday. City officials have strongly denied a published report this week that the field has been narrowed to two bidders -- one group led by the New York Racing Association, and the other by Frank Stronach's Magna Entertainment.

Breeders' Cup Deal With TVG Poses Questions

A deal that gives the TV Games Network the exclusive right to conduct interactive wagering on Breeders' Cup Championship Day races has left other account-wagering providers wondering how the decision will impact their ability to carry the Breeders' Cup program Nov. 4 at Churchill Downs.

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