Articles posted January 28, 2002

Headlines and features from the Thoroughbred industry

New York Mayor: To Sell or Not to Sell NYCOTB?

The new mayor of New York City left open the prospect that he may still proceed with the sale of New York City Off-Track Betting Corp., a deal some of his aides are pushing him to make to raise money for the deficit-ridden city. But whether he will proceed with the sale of the $1-billion betting empire that was begun by his predecessor, Rudolph Giuliani, remains a question.

Officials Make Pitch For Special Security Status for Derby

The city of Louisville, Ky., has made a pitch to the federal government for special security status for the Kentucky Derby (gr. I) at Churchill Downs, but the matter remains up in the air. Mayor Dave Armstrong met with Homeland Security Director Tom Ridge last week.

Franks To Reduce Broodmare Stock at Fasig-Tipton Mixed Sale

Fifty-three broodmares and broodmare prospects owned by Louisiana oilman John Franks will be sold during the Fasig-Tipton Kentucky winter mixed sale on Feb. 11. Dan Kenny Bloodstock will act as agent for Franks, a four-time Eclipse Award winner as outstanding owner. Franks periodically reduces the numbers in his broodmare band to accommodate fillies freshly retired from the racetrack to his farm in Ocala, Fla.

Florida VLT Legislation Filed

Two South Florida senators have filed a bill that would allow racetracks and jai-alai frontons to operate video lottery terminals. The machines could get serious consideration this year when legislators are faced with cutting $1 billion from the state budget.

John Henry Recovering From Colic Surgery

John Henry, the former leading money-earner who has been a popular attraction at the Kentucky Horse Park since his arrival in 1985, is recuperating from colic surgery performed Jan. 25 at Hagyard-Davidson-McGee veterinary clinic near Lexington.

Casual Lies Filly Tops First Session of New Zealand Premier Yearling Auction

Sixty-one horses sold for a gross of $4,903,500 (approximately $2,074,181 in U.S. funds) and an average of $80,385 ($34,121) during the opening session of the Premier yearling sale in New Zealand on Monday. The median for the session reached $70,000 ($29,610). Eighty-two percent of the horses offered were sold, an improvement over the 74% clearance rate on last year's first day, according to a press release issued by New Zealand Bloodstock Ltd.

Gaming Talk Escalates in Kentucky

The same week Kentucky's Thoroughbred racetracks and horsemen agreed on how to divvy up revenue from video lottery terminals or slot machines, a state legislator unveiled a plan for land-based casinos that could be operated by parties other than tracks.

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