Articles posted November 15, 2001

Headlines and features from the Thoroughbred industry

Contentious Cigar Mile to Highlight Aqueduct's HolidayFest

Aqueduct's HolidayFest stakes extravaganza, a four-day event that features five graded stake races, gets under way on on Thanksgiving Day, Thursday, November 22nd with the running of the Fall Highweight Handicap. The highlight of the HolidayFest is the $350,000 Cigar Mile on Nov. 24, the last Grade I race of the year in New York.

Here and There

Bits and pieces from around the industry.

Santa Anita Prepares for New Season

The $1-million Santa Anita Handicap, to be run March 2, will be the richest of the 61 stakes races offered during the 2001-02 Santa Anita Winter/Spring Meeting that begins Wednesday, Dec. 26. The 85-day meeting, which concludes April 21, features 43 graded races and total stakes purses of over $11-million.

Canterbury Reports Mixed Third Quarter

Canterbury Park reported increased revenue and decreased net income for the third quarter ending Sept. 20. Revenue for the Minnesota racetrack was up 4.3% to $12.1 million, but net income for the third quarter fell 21% to $378,103, or 10 cents per share.

TVG's Parent Company Reports Greater Third Quarter Losses

The TV Games Network's parent company reported a 13.5% increase in net loss for the third quarter ending Sept. 30. The increase in losses was attributed to charges related to the merger between Gemstar and TV Guide in July 2000 and to higher operating expenses.

Alternative Gaming Gets Push in Kentucky

Legislators responsible for putting together Kentucky's budget said Wednesday lawmakers should consider alternative gaming at the state's racetracks for two reasons: to aid the equine industry and generate much-needed revenue for the state.

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