Gtech Holdings, a lottery operator and one-third owner of Turfway Park, doubled its profits for its fiscal second quarter ending Aug. 24.
An auction of stallion Siberian Summer and 13 other horses owned by Mike Power has been canceled.
Goldolphin Racing's Imperial Gesture became one to watch in the Breeders' Cup World Thoroughbred Champion distaff division when she won the Gazelle Handicap (gr. I) in near gate-to-wire fashion Sept. 7.
Youbet.com president Charles Champion has been promoted to chief executive officer of the online racing and wagering company effective immediately.
MTR Gaming is expected to learn Sept. 26 whether it will receive a license for a new racetrack in Erie, Pa.
Youbet.com handled a record $16.7 million for the month of August.
Special T Thoroughbreds is being forced to auction off the promising stallion Siberian Summer along with nine mares and four foals because the horses' owner hasn't paid his bills. The sale will be held Sept. 26 at 1 p.m. PDT at the farm.
An Iowa riverboat operator has taken full ownership of Evangeline Downs and acquired the land to build a new track and casino in an adjoining parish.
The National Museum of Racing and Hall of Fame is joining with other museums across the country to assist and honor the victims of the 9/11 terrorist attacks on New York City and Washington D.C.
Keeneland's experiment into selling horse on the Internet is over, for now. The Lexington sales company said it will not conduct an online sale for horses that fail to meet their reserves in the upcoming September yearling sale.
Considering the state of the economy and the performances of some previous sales, consignors and sales officials were not surprised to see gross and average sales drop at the Fasig-Tipton Texas summer yearling sale.
The Fasig-Tipton Summer Texas yearling sale got off to a slow start Monday with 129 horses selling for an average of $10,373 and a median of $5,000.
The Judge Sez Who proved definitively he belongs in graded stakes company when he defeated a hard-charging and talented field to win the Oklahoma Derby (gr. III).
A business associated with Magna Entertainment founder and chairman Frank Stronach has increased its ownership of the racing conglomerate stock to 5.8%.
Riskaverse is the sole graded stakes winner among a field of 11 expected to start Sunday in the $150,000 Lake Placid Handicap (gr. IIT) at Saratoga.
Repent, a four-time graded stakes winner who finished second in the Illinois Derby (gr. II), is on target for the $1 million Travers Stakes (gr. I) on Aug. 24.
Longshot Textbook Method rolled to an easy victory Friday in the $75,000 Yaddo Handicap, which was run off the soggy Saratoga turf.
Dancethruthedawn will try to capturing her second grade I at Saratoga this year when she starts in the $400,000 Personal Ensign Handicap on Aug. 23.
Jockey David Clark is stable but in intensive care following a training accident Thursday morning at Woodbine Race Course.
Steeplechase Farm's Mandy's Gold will be shooting for her fifth consecutive win in the $250,000 Ballerina Stakes (gr. I) for fillies and mares at seven furlongs Aug. 25.
Hollywood Park has completed a renovation of the entire one-mile oval portion of its Lakeside Turf Course.
Frank Sinatra and John Amerman, the former chief executive officer of Mattel Toys, will speak at seminar for new owners Aug. 24 at Del Mar. Bloodstock agent Gayle Van Leer also will be participating.
Disturbingthepeace, the solid winner of the Bing Crosby Breeders' Cup Handicap (gr. II), pursues his sixth straight victory Sunday in the seven furlong $150,000 Pat O'Brien Handicap (gr. II).
A short field of five horses is headed to Saturday's La Jolla Handicap (gr. IIIT), a key prep for the Del Mar Derby (gr. IIT).
Penn National Gaming announced Wednesday it will acquire three more casinos for $780 million.
Magna Entertainment took another major hit in the stock market Monday when its stock dropped 14% to $3.45.
Mandy's Gold made it four in a row when she won The Honorable Miss Handicap (gr. III) wire-to-wire on a sloppy Saratoga track Friday.
Magna Entertainment's stock plunged Friday on the heels of a second quarter earnings report that failed to meet analysts' projections. The stock fell 20.6%, a loss of $1.04, on heavy trading to $4.01.
Magna Entertainment reported mixed results for its second quarter on Wednesday and announced it had delayed a major renovation of Gulfstream Park.
Racetrack executives at Thistledown and Beulah Park agreed Friday afternoon to revive the "seven and seven" shared race card in the fall.
Excitement surrounding a fourth attempt at the Triple Crown title in six years, reduced takeout, and good weather are credited with helping Belmont Park establish across-the-board increases in attendance and handle.
Arkansas Derby (gr. II) winner Private Emblem is the 8-5 morning line favorite in Saturday's $125,000-added New York Derby at Finger Lakes Race Track.
Gaming machines at Charles Town Races and expansions at Mississippi casinos helped Penn National report record revenue and earnings for the second quarter ending June 30.
Multiple graded stakes winner Honor the Hero is one of two equine and two human inductees to be inducted into the Canterbury Hall of Fame on Saturday.
Alex Waldrop is stepping down as president of Churchill Downs racetrack to fill a new position as the chief lobbying strategist for Churchill Downs Inc.
Churchill Downs Inc. hit a couple financial records during its second quarter due to record wagering on Kentucky Derby and Kentucky Oaks days, additional racing days, and growth in its simulcast network.
Churchill Downs Inc. hit several financial records during its second quarter due to record wagering on Kentucky Derby and Kentucky Oaks days, additional racing days, and growth in its simulcast network.
On Thursday, Fasig-Tipton sales official proved they could increase the catalog for the Kentucky select yearling sale without sacrifing quality. The two-day sale offered 37.1% more horses, and the average price still increased over last year.
Gross sales and buy-backs soared for opening day of the two-day Fasig-Tipton Kentucky select yearling sale that began Wednesday.
Churchill Downs and labor union leaders reached a deal July 13 that will allow the racetrack to receive $7.5 million in tax breaks and help finance a major renovation project.
Breeders' Cup elected 13 new board members using a new method that gave foal and stallion nominators more input. The board also approved new eligibilty rules for horses entering a Breeders' Cup race.
Keeneland dedicated a new, 10,000 square-foot Thoroughbred history library at a Friday morning ceremony attended by about 75 people. The library will be open to the public July 15.
Don't count on video poker was the sobering message Kentucky Senate President David Williams delivered Tuesday to an informal gathering of about 35 prominent Thoroughbred breeders and their representatives.
Dr. Alex Harthill made good on a threat to resign as president of the Kentucky Horsemens' Benevolent and Protective Association on Wednesday.
His resignation is effective immediately.
Racetrack and casino operator Penn National Gaming is reportedly in talks to buy one of its smaller casino rivals, Hollywood Casino Corp.
Belterra is being taken out of training and will miss the Breeders' Cup World Thoroughbred Championships. Wagering on the Unbridled filly in the Breeders' Cup Future Wager has been suspended.
Trading was heavy again on Gemstar-TV Guide International Tuesday, but the media and technology company that lost 39% of its stock value Monday ended the day with a small gain.
International investment bank Dresdner Kleinwort Wasserstein initiated coverage of Magna Entertainment last week and promptly told investors to sell.
Gemstar-TV Guide International, the parent company of the TV Games Network, lost 39% of its value Monday in a frenzy of selling. Investors reacted to a ruling June 21 that Gemstar's patents for an interactive television program guide have not been infringed by competing products.
Gemstar-TVG Guide International, the parent company to the TV Games Network racing channel, suffered a serious blow in court Friday when it lost a crucial patent infringement case.
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