Headlines for Friday, April 6, 2001

  • Point Given's Future Wager Odds Plunge

    Racing fans across North America responded to a dazzling victory by Point Given in the Santa Anita Derby by making the son of 1995 Kentucky Derby winner Thunder Gulch a strong favorite heading into the final day of betting in the final pool of Churchill Downs' 2001 Kentucky Derby Future Wager.

  • Meadowlands: No Disruption in Racing Despite Report

    The New Jersey Sports and Exposition Authority said Friday there is no plan to suspend racing at The Meadowlands and relocate to Monmouth Park should a NASCAR track be built at the East Rutherford facility. The NJSEA issued the statement in response to an article that appeared in the Star-Ledger newspaper April 6.

  • New York OTB Bidders Down to Two; Pataki Supports Sale

    The long process to name a purchaser for New York City Off-Track Betting Corp. reached an expected final step when city government narrowed the field to two final bidders: a consortium headed by the New York Racing Association, and another by Magna Entertainment. Meanwhile, Gov. George Pataki, in a brief interview this week, said he favors the sale of NYCOTB. Pataki, who can kill any deal when it comes to Albany for review, has been largely silent on the issue in recent months.

  • Gtech Earnings Fall for Fourth Quarter

    Gtech, one of the county's largest lottery company and a one-third owner of Turfway Park, reported declines in earnings per share for its fourth quarter and fiscal year ending Feb. 24. Fourth quarter earnings fell 13.8% to 75 cents per diluted share, and earnings for the fiscal year dropped 51.5% to $1.25 per diluted share.

  • Magna Finishes $53 million Ladbroke Deal

    Magna Entertainment has completed a deal to acquire an account wagering system, The Meadows harness track, four off-track betting parlors, and an 18% interest in The Racing Network for $53 million in cash, stock, and a promissory note.

  • Songandaprayer, winner of the Fountain of Youth, worked at Keeneland on Friday.

    Songandaprayer Works; Accident Disrupts Keeneland Training Regimen

    Devil Eleven Stable and D J Stable's Fountain of Youth (gr. I) winner Songandaprayer worked five furlongs in a quick :59 2/5 at Keeneland Racecourse Friday morning in preparation for the Toyota Blue Grass Stakes (gr. I). The workout by the bay colt with the distinctive blaze was held up for more than an hour when Keeneland's main track was closed due to a training accident.

  • 'Valentine' Wins Hearts -- and Dollars

    A P Valentine, a Nick Zito trainee who is expected to start in the Toyota Blue Grass Stakes at Keeneland April 14, was a narrow 5-1 favorite among the 24 wagering interests after the first day of wagering. In his last start, A P Valentine won a Hialeah Park allowance race in track-record time for 1 1/16 miles.

  • Hoovergetthekeys is Lone Star Derby Favorite

    Hoovergetthekeys is the 9-5 morning line favorite in Saturday's $500,000 Lone Star Derby, the richest race in Texas. Eight horses have entered the race that offers a $1 million bonus if the winner goes on to capture any one of the Triple Crown races.

  • Outofthebox Headlines Flamingo

    Outofthebox, runner-up in both the Fountain of Youth Stakes (gr. I) and the Florida Derby (gr. I) at Gulfstream this winter, will be a short-priced favorite Saturday at Hialeah in the $250,000 Flamingo Stakes (gr. III) at 1 1/8 miles.

  • Ashland Stakes Draws 11

    Golden Ballet is expected to be the favorite in Saturday's $500,000-added Ashland Stakes (gr. I) at Keeneland. The daughter of Moscow Ballet comes into the race with six consecutive victories including the Santa Anita Oaks (gr. I) and the Las Virgenes Stakes (gr. I).

  • Horse Council Issues Foot-And-Mouth Guidelines

    The United States hasn't issued a formal ban on the importation of horses from countries affected by foot-and-mouth disease, but the American Horse Council continues to monitor the situation in Europe and work with the U.S. Department of Agriculture to issue new importation guidelines.