Frank Angst

Too Many Holes in Racing's Rule Net

Too Many Holes in Racing's Rule Net

If you think there should be a rule against a suspended trainer moving his horses to his wife, not only are you correct but there is such a rule; in fact, it's the industry standard.

Looking at Where California Wagering Revenues Go

Looking at Where California Wagering Revenues Go

Sometimes it's worthwhile to just look at all the places the pari-mutuel dollar goes in racing. The California Horse Racing Board annual report for fiscal year 2015-16 breaks down where every pari-mutuel wagering dollar goes in the state.

Changing Business Model Impacts California Racing

Changing Business Model Impacts California Racing

The California Horse Racing Board's annual report documents the challenge racing faces as the percentage of pari-mutuel money generated for tracks' and horsemen's purses declines as more handle shifts to advance-deposit wagering outlets.

Solid Ratings for Pegasus Could Open Revenue Stream

Solid Ratings for Pegasus Could Open Revenue Stream

The solid overnight ratings for the first edition of the Pegasus World Cup Invitational Stakes (G1) could be something to build on for future editions of the event as organizers hope one day television rights provide revenues for the stakeholders.

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