Articles posted July 1, 2004

Headlines and features from the Thoroughbred industry

Dominion Day Field Gassed by Mobil

Gus Schickedanz's Mobil ran the race of his life and produced the most dominant performance by any horse at Woodbine this year when crushing six rivals in the $217,220 Dominion Day Stakes (Can-III) Thursday.

Thistledown Increases Purses

Beginning July 5th, Thistledown will offer a 7% purse increase on $10,000 claiming races and above and a 5% purse increase on those races under $10,000. The purse increase is a direct effect of increased field size, export handle and record-breaking Triple Crown and Ohio Derby days, according to a release from the track.

KEEP Ties Reception to Quarter Horse Racing

The Kentucky Equine Education Project, which named its executive staff June 30, will hold a reception July 3 in conjunction with the return of live Quarter Horse racing to Kentucky for the first time since 1992.

Magna Moves Gagliano to Maryland Executive Post

Jim Gagliano, who joined Magna Entertainment Corp. more than two years ago, has been appointed executive vice president of Maryland racing operations for MEC, majority owner of Laurel Park and Pimlico Race Course under the Maryland Jockey Club banner.

Churchill Revises Earnings Forecast: Stock Price Declines

Churchill Downs Inc. has revised its earnings estimates for the second quarter and current fiscal year, primarily as a result of costs associated with the company's efforts to seek legalized alternative gaming in California and Florida and its proposed acquisition of Fair Grounds in Louisiana.

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