Oregon

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Portland Meadows to Change Race Schedule

  • News

Portland Meadows will open for its 60th year of racing on Oct. 8 with a new race day schedule and an increase in Thoroughbred and Quarter Horse stakes and overnight purses.

Again, No Apparent Handle on Pari-Mutuel Handle

A two-hour discussion on account wagering and secondary pari-mutuel operations July 14 again revealed horsemen have knowledge of situations that suck revenue from purse accounts, but no definitive national strategy to recoup the money.

Kentucky Extends Comment Period on Wagering Hubs

The Kentucky Horse Racing Authority has extended its public comment period for new administrative regulations governing multi-jurisdictional wagering hubs, a law for which was passed in 2004. Two years later, no hubs are operating in the state.

Dwayne Yuzik Named Portland Meadows GM

  • News

Dwayne Yuzik has assumed the responsibilities of general manager of Oregon's Portland Meadows Racetrack as of Feb. 1, the Magna Entertainment-owned track announced Monday.

High-Volume Shop Licensed by Oregon Regulators

International Racing Group, a rebate shop located in Curacao but owned and operated by United States-based Youbet.com, was licensed by the Oregon Racing Commission Nov. 2, and is the first such entity to be licensed by U.S. regulators.

Lethal Grande Named 2004 Horse of the Year, Older Male

  • News

For the second consecutive year Lethal Grande was named Oregon horse of the year and champion older male at the Oregon Thoroughbred Owners and Breeders Association's annual awards banquet March 5 at Portland Meadows.

Oregon Hub Handle Up $53 Million in 2004

Five account-wagering hubs in Oregon handled a total of $883 million last year, up about 6% from the 2003 figure. Meanwhile, fourth-quarter handle for 2004 was down slightly from the same period in 2003, according to Oregon Racing Commission statistics.

MEC Files Countersuit in Oregon

Attorneys for Magna Entertainment Corp. filed countersuit in Multnomah County Circuit Court in Oregon Feb. 18 to formally answer a $1-million breach-of-contract action brought against the company by the Oregon Greyhound Association.

Greyhound Group Sues MEC Over Multnomah

The Oregon Greyhound Association filed a $1-million lawsuit against Magna Entertainment Corp. Jan. 20, alleging breach of contract for the company's failure to renew its operating lease for Multnomah Greyhound Park and for canceling the 2005 dog racing season.

Seattle Shamus to Oakhurst in Oregon

Seattle Shamus, whose :20.96 is believed to be the fastest opening quarter-mile ever run at Santa Anita, will enter stud at Dr. Jack Root's Oakhurst Thoroughbreds near Newberg, Ore.

Portland Cancels Racing Again Sunday

With no thaw in temperatures in the Portland metropolitan area, Portland Meadows Racetrack has canceled its live racing program Sunday for the second time in as many days due to frozen track conditions.

Oregon Jockeys Benefit From Incentive Program

  • News

Several jockeys earned bonsuses this summer under the Oregon Racing Commission's jockey incentive program, which is designed to encourage riders to participate at fair meets in the state.

Youbet.com Continues to Ride Growth Trend

Youbet.com, the online wagering company based in California, continued its growth trend in the third quarter of 2004 with income of $791,085, compared with a loss of $617,853 for the same period in 2003.

National HBPA OKs Hub Plan, Wagering Report

The National Horsemen's Benevolent and Protective Association has adopted a memorandum of understanding with a company that plans to operate an offshore wagering hub, and it also endorsed a draft a report on pari-mutuel economics that suggests high-volume betting shops are important to the industry.

Measure Would Authorize Betting Hubs in Kentucky

Legislation to authorize wagering hubs in Kentucky was introduced in the state Senate in early March and is moving through the legislative process as an amendment to a bill that would permit artificially inseminated horses to race in Kentucky. A hub measure was introduced in 2002 but it failed to garner support.

Lethal Grande Named Oregon Horse of the Year

  • News

Lethal Grande was named 2003 Oregon Horse of the year and champion older male at the Feb. 21 Oregon Thoroughbred Breeders' Association's Annual Awards Banquet on at Portland Meadows.

Portland Meadows Cancels Racing Friday, Saturday

  • News

Portland Meadows has canceled Friday and Saturday racing due to unsafe weather conditions. Friday's closure marks the third consecutive day that Portland Meadows and all MEC Oregon Racing Inc. OTB's have been closed for simulcasting due to the severe weather conditions.

Portland Meadows Handle Highest in About 15 Years

  • News

Changes in first post time and fuller fields have produced pari-mutuel gains this season for Portland Meadows, which on Dec. 1 cleared the half-million-dollar mark in total handle for a program for the first time in 15 years.

Oregon Hub Handle Sets Another Quarterly Record

The National Thoroughbred Racing Association's operation of wagering hub in Oregon met with much resistance from some of its member racetracks at the beginning of the decade, but one thing's for certain: The concept has caught on, even though the NTRA is no longer a player.

America TAB Claims Betting Service Pirated Signals

America TAB, an account-wagering service whose majority owners are Beulah Park and River Downs in Ohio, said it would pursue legal action after having discovered a betting service has been pirating live racing signals from its Web site.

Oregon Hub Handle Clears $200M in Second Quarter

The five account-wagering companies that have multi-jurisdictional tote hubs in Oregon reported gains in handle in the second quarter of 2003 compared with the first quarter of this year. Total handle through the five hubs was $222.21 million, up about 150% from the second quarter of 2002.

Instant Racing Gets OK for Use at Wyoming Facilities

  • News

Instant Racing, launched in Arkansas three years ago, was approved for use at pari-mutuel facilities by the Wyoming Racing Commission July 11. The devices, which resemble video lottery terminals but are linked to pari-mutuel pools, will first be installed at an off-track betting parlor operated by Wyoming Downs.

Instant Racing Approved for Oregon Racetracks

  • News

Instant Racing, a pari-mutuel video lottery game currently offered at racetracks in Arkansas, has been approved by the Oregon Racing Commission for use at the state's racetracks. Oregon is the second state to approve the devices.

AmericaTab Grows Handle, Customer Base in 2003

  • News

AmericaTab and its affiliates set a one-month handle record in March with $8.3 million in wagers, the company reported April 10. It was the second consecutive month of record-breaking handle.

Magna Seeks Long-Term Rights to Portland Meadows

  • News

Magna Entertainment has agreed to purchase the long-term operating rights of Portland Meadows, as well an interest in the real estate on which the racetrack sits, from developer Thomas Moyer.

In General, Wagering Up Through Oregon Hubs

  • News

Account wagering through several hubs based in Oregon continued to ramp up in the fourth quarter of 2002, according to figures released by the Oregon Racing Commission.

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