Live Thoroughbred racing returns this Friday, March 2, at Mountaineer Casino Racetrack & Resort. The track in West Virginia's northern panhandle will commence its 62nd season with a 10-race card.
Tom, Evan, and Rich Nilson from Brisnet/Twinspires.com preview the West Virginia Derby (gr. II). Plus picks for the Jim Dandy and the Haskell. Watch Video
The owner of Colonial Downs reported it lost $4.1 million during 2008, due in part to its investment in MTR Gaming Group, it was reported March 18.
MTR Gaming Group on March 12 reported a $17.7 million loss for 2008, and took a shot at a new Ohio proposal to put slots in casinos.
Robert F. Griffin has been announced as the successor to Ted Arneault as president and chief executive officer of MTR Gaming Group, the company announced Sept. 23.
- By Ryan Conley
MTR Gaming Inc. has defined as core assets its two Thoroughbred racinos and an Ohio harness track, and will examine sale possibilities of all other properties to reduce debt and raise shareholder value, the company said July 30.
Citing inclement weather, Mountaineer Park in Chester, West Virginia cancelled live racing for Monday and Tuesday, Feb. 5-6.
A horse that had displayed symptoms of equine herpes virus has tested negative for the disease, resulting in the lifting of an embargo imposed by two West Virginia tracks on the Ohio farm where the horse was kept.
Monarchoftheglen, a $1.5 million Coolmore yearling purchase in 2000, died March 11 from apparent heart failure after finishing last of eight in a six-furlong claiming race at Mountaineer Park.
Chad Murphy earned his 2,000th career riding win Friday night when he drove Gun to victory in the fourth race at Mountaineer Park.
In 1996, Dale Baird became the first trainer in history to win 7,000 races. In 1999, he became the first to reach 8,000. And in 2004, yes, he made it to 9,000. That alone makes Baird special, and a deserving winner of a Special Eclipse Award.
Wallop, owned by the Childs and Childs Stable of John and Clayton Childs, caught pacesetter Glorious Again late to post a half-length victory in Tuesday's $75,000 New Year's Eve Stakes at Mountaineer Park.
All-time leader Dale Baird became the first trainer to win 9,000 races Friday night when Frazee's Folly took the eighth race at Mountaineer Race Track and Gaming Resort.
Mountaineer Park-based jockey Gary Birzer, 27, remains paralyzed from the waist down after suffering injuries to his neck and spinal cord in a two-horse spill July 20 at the Chester, W. Va. oval.
More than 300 people turned out at Turfway Park Wednesday to honor Mike Rowland, the jockey who died Monday after suffering extensive injuries in a spill at the track Feb. 4.
Santa Catalina Stakes (gr. II) winner Domestic Dispute has been added to the list of definite starters for Saturday's $600,000 West Virginia Derby (gr. III) at Mountaineer Race Track & Gaming Resort. Trainer Patrick Gallagher said Alex Solis would have the mount.
The Aug. 9 West Virginia Derby (gr. III) at Mountaineer Park has attracted a list of 69 nominations, including 13 graded stakes winners from the United States and Canada. Nominations for the 1 1/8-mile race closed July 26.
MTR Gaming Group, owner of Mountaineer Park, reported double digit increases in revenue, net income, and earnings for the fourth quarter and 2001. The West Virginia company (Nasdaq:MNTG) also reported decreases in earnings per share for the quarter and for the year.
The approval of electronic pull-tabs in Indiana and the introduction of video lottery legislation in Kentucky pushed Churchill Downs stock up $1.80 to $41.80 per share Tuesday. On the flip side, MTR Gaming was downgraded by a major investment bank and its stock dropped 8.8%
Shares of MTR Gaming Group (Nasdaq:MNTG), owner of Mountaineer Park in West Virginia, fell as high as 27% on Tuesday, a day after the racetrack, casino and hotel operator reported lingering problems in converting its slot machines to higher wagers. The company also surprised analysts by annoumcing higher than expected costs associated with a new hotel.
The parent company of Mountaineer Park reported record earnings, revenue, and net income for the third quarter ending Sept. 30. It was the best quarter in the company's history.
The public companies that own Mountaineer Park and Canterbury Park were recognized by Forbes magazine this week as two of the country's top 200 small companies.
MTR Gaming Group (Nasdaq:MNTG), the owner/operator of Mountaineer Racetrack & Gaming Resort in West Virginia, reported a 20 percent drop in revenue in the two weeks following the Sept 11. terrorist attacks on New York and Washington, D.C.
Churchill Downs' board of directors authorized the repurchase of up to 55,000 shares. The buy-back was authorized to help stablize the company's stock price and contribute to stablizing the market overall. Despite financial experts pleas to investors that they should not react to the terrorist attacks in New York and Washington D.C., the major stock markets sustained significant losses.
- By Tom LaMarra
Kentucky legislators, seemingly receptive to the plight of the state's horse racing and breeding industry, indicated a willingness Friday to consider any proposal for assistance as long as the industry is on the same page. At a committee hearing in Frankfort, Ky., the issue of alternative gaming came up at least indirectly, and no one flinched.
MTR Gaming Group (Nasdaq:MNTG) has received permission to increase the slot machines at Mountaineer Race Track by 31%. The new machines will raise the track's total number of video and slot machines to 2,500.
- By Tom LaMarra
During a Tuesday morning hearing one legislator called "an eye-opener," representatives from Kentucky's horse racing and breeding industry outlined its current status and the economic challenges it faces. And it wasn't a pretty picture.
Racing and breeding news and information.
Owner-trainer Dale Baird took the top two spots in both stakes on the Memorial Day program at the West Virginia track.
Thistledown's plan to revamp its racing program to compete for horses with nearby Mountaineer Park in West Virginia has paid off, at least very early in its 2001 meet. Track general manager Bill Murphy said the increase in field size had much to do with the spike in handle.
A proposal to use racetrack video lottery terminals to fund Ohio's educational system is dead, newspapers throughout the state reported Tuesday. A top legislator in the state had suggested that up to 1,500 machines be place in each of Ohio's seven racetracks to raise $900 million over the next two years.
- By Ray Paulick
Facing a state Supreme Court deadline of June 15 to deal with public school funding problems, Republican members of the Ohio House of Representatives apparently are behind a plan to install video lottery machines at racetracks to raise between $230 million to $930 million in revenue over the next two years.
A late-winter storm that was expected to dump a large amount of snow along the East Coast led to cancellation of Monday racing at tracks in Pennsylvania and Massachusetts. Philadelphia Park announced that racing was cancelled for Monday and Tuesday, and racing was also cancelled at Suffolk Downs in Boston, where forecasters were predicting snowfall ranging from 18-24 inches.
Horse racing is a game of upsets, but who would have thought 10 years ago that the Thoroughbred sport in West Virginia would not only bounce back from the dead, but actually prove to be a desirable commodity? With the condition book that begins Jan. 20, purses at Charles Town Races will average $115,000 a day. When the Eastern Panhandle track closed several years ago, purses barely topped $20,000 per day. Now, an open allowance race goes for more money.
Mountaineer Park has cancelled live racing on Monday, Jan. 1, and Tuesday, Jan. 2, with racing scheduled to resume at the Chester, W. Va., track on Jan. 13. Rose Mary Williams, the track's director of racing, said Sunday the decision to cancel was based on forecasts for a winter storm which passed through the Northeast on Saturday. However, a report on the Equibase web site on Friday said that racing was cancelled due to a "dispute" between the local Horsmen's Benevolent and Protective Association and management.
Weather conditions forced five tracks -- Turfway Park, Hawthorne Race Course, Mountaineer Park, Charles Town, and Penn National Race Course -- to cancel racing again on Friday. Friday's cancellation marks the seventh time in just over a week Turfway has canceled racing due to weather and Hawthorne's fifth such cancellation. Charles Town, Mountaineer and Penn National each have lost all or part of three cards recently.
Brief racing and breeding news items.
he top two morning-line choices and 122-pound co-highweights for the $300,000 West Virginia Derby drew the two inside post positions for Mountaineer Park's Saturday feature. Florida Derby (gr. I) winner Hal's Hope, the 5-2 morning-line favorite, will break from post position two under regular rider Roger Velez, while California Derby winner Bet On Red (7-2) drew post position one. A full field of 12 3-year-olds were entered in the 1 1/8-mile race.
Florida Derby (gr. I) winner Hal's Hope heads the likely field for Saturday's $300,000 West Virginia Derby.
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