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MEC, THG Talking But No Deal in Sight

MEC, THG Talking But No Deal in Sight

Officials with Magna Entertainment Corp. and the Thoroughbred Horsemen's Group have met twice recently to discuss the ongoing conflict over revenue splits for advance deposit wagering, though the sides aren't close to striking a deal.

Another New Look for Gulfstream

Another New Look for Gulfstream

Gulfstream Park will have still another new look when it opens its season Jan. 3, 2008, and track president and general manager Bill Murphy says the latest changes come "from listening to what people wanted."

Raffetto Out, Dragone in at MJC

Raffetto Out, Dragone in at MJC

The Maryland Jockey Club announced Nov. 28 that president and chief operating officer Lou Raffetto Jr. will be leaving effective immediately to pursue other opportunities, and that Chris Dragone, a former senior vice president and general manager at the MJC, will take over his duties.

Optimism But Concern in Maryland

Optimism But Concern in Maryland

Maryland racing interests are optimistic over passage of legislation to authorize a statewide referendum on slot machines in November 2008, but they indicated there remains a need for financial relief before the slots measure even comes up for a vote.

Magna, Churchill Withdraw From Empire Racing

A consortium of major horse industry companies vying for the Thoroughbred franchise in New York began falling apart Oct. 10, as Magna Entertainment Corp., Churchill Downs Inc., and Delaware North announced their withdrawal from Empire Racing Associates.

MEC Acquires Remainder of Maryland Jockey Club

MEC Acquires Remainder of Maryland Jockey Club

Magna Entertainment Corp. has exercised its option, pursuant to an agreement with certain companies controlled by Joe De Francis and his sister, Karin De Francis, to acquire the remaining interest in the Maryland Jockey Club, which operates Laurel Park and Pimlico Race Course.

Amid Uncertainty, CHRB Begins 3-Year Date Plan

Trying to cure a scheduling headache, the California Horse Racing Board has started planning for the future -- with or without Bay Meadows and Hollywood Park. At an Aug. 10 meeting at Del Mar, the CHRB's dates committee took the first step in piecing together a cohesive three-year calendar.

Magna Unwilling to Fund Santa Anita Barn Project

Magna Entertainment Corp. is willing to spend tens of millions for its upscale commercial development, The Shops at Santa Anita, in the track parking lot, but nothing to fix up the dilapidated barn area, the California Horse Racing Board learned during its meeting in Sacramento May 22.

Empire Racing Names Members of 'Transition Team'

Empire Racing Associates has released the names of a team of racing-operations professionals, many from Churchill Downs Inc. and Magna Entertainment Corp., that will lead its racing transition team should Empire Racing be awarded the New York Thoroughbred racing franchise.

Horsemen: Don't Hold Triple Crown Races 'Hostage'

Major horsemen's groups have banded together to ask racetracks and account wagering providers to make the Triple Crown races available to all wagering services in light of a conflict that is spreading ill will as horse racing's most prominent and lucrative day approaches.

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.

No Gulfstream Signal for New York OTB Parlors

With the Florida Horsemen's Benevolent and Protective Association seeking a higher rate for the Gulfstream Park signal, and the existing rate governed by a contract with the racetrack, the six off-track betting corporations in New York didn't carry the Jan. 3 opening-day program from the South Florida racetrack.

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