Headlines for Friday, June 15, 2001

  • NYRA, OTBs Said to Agree on Lower Takeout

    Negotiations to permit the New York Racing Association to lower its pari-mutuel takeout, which NYRA believes will increase wagering, are close to a resolution, individuals involved in the talks said.

  • NTRA Approves 'Rebranding'; New Caucus to Meet

    The National Thoroughbred Racing Association board of directors firmed up its plans for the "rebranding" of the Breeders' Cup during a meeting Friday, and also announced that it's new Racing and Breeding Caucus will meet for the first time June 21 in Washington, D.C.

  • Love At Noon Heads Princess

    Gary Stevens, who had an eventful Belmont Stakes week, will return from a five-day break to ride Mike Pegram's Love At Noon in the $100,000 Princess Stakes (Gr. II) at Hollywood Park Saturday.

  • John Giovanni.

    Consulting Firm to Manage Jockeys' Guild During Transition Period

    The Jockeys' Guild announced Saturday it has acquired the services of Matrix Capital Associates, Inc., a professional management consulting company led by Dr. L. Wayne Gertmenian, to manage the organization's operations, effective immediately.

  • Legislative Issues Said to Have Stalled OTB Sale

    The sale of New York City Off-Track Betting apparently hinges on legislative changes that would make the entity more attractive to potential buyers. Meanwhile, it appears the state legislature may have more time to examine the issue given the fact they may remain in Albany into the summer.

  • SEC Targets Former Owner of Garden State Park

    International Thoroughbred Breeders, which sold Garden State Park in New Jersey to a real estate development company in November for $30 million, is bracing for a civil action and a probe of "certain current and former officers" by the Securities and Exchange Commission.