Articles posted May 28, 2008

Headlines and features from the Thoroughbred industry

Barn Work Under Way at Penn National

A backstretch improvement program has begun at Hollywood Casino at Penn National, which will spend up to $10 million over the next 10 years to build new barns, refurbish old ones, and make other barn-area upgrades.

Belmont Stakes Video Game Announced

The New York Racing Association and Horse Racing Simulation LLC announced May 28 the launch of an interactive horse racing simulation game that will feature four grade I races associated with Belmont Stakes Day, including the actual 2008 Belmont Stakes (gr. I) featuring Big Brown's quest to win all three legs of horse racing's Triple Crown.

Prado to Ride Casino Drive in Belmont

Prado to Ride Casino Drive in Belmont

Although top jockeys from across the country were clamoring for a chance to ride Casino Drive in the Belmont Stakes (gr. I), one rider's prior experience at shooting down Triple Crown contenders made him the perfect man for the job. On May 28, it was announced that Edgar Prado would become the colt's pilot, adding more intrigue to the highly-anticipated June 7 event.

IEAH Partners Attend NYSE Opening

IEAH Partners Attend NYSE Opening

Officials of the New York Racing Association (NYRA) and International Equine Acquisitions Holdings (IEAH) Stables partners attend the opening bell at the New York Stock Exchange (NYSE) on Wednesday, May 28, 2008.

Mixed Signals from Paterson on NYRA Deal

New York Gov. David Paterson is sending mixed signals on whether he wanted to re-open talks with the New York Racing Association over its deal for a new franchise to operate Aqueduct, Belmont and Saratoga racetracks.

R.A.C.E. Fund Receives a Boost

The R.A.C.E. Fund, a racehorse retirement organization, announced that substantial funding by the Penn National Horsemen's Benevolent and Protective Association has largely contributed to the continued success of the program.

Horsemen: CDI Owes Wagering Fees, Purses

Horsemen: CDI Owes Wagering Fees, Purses

In a flurry of responses filed recently in federal court, Kentucky horsemen claim Churchill Downs Inc. owes purse funds upwards to $3 million in unpaid fees from wagering revenues, and have asked a judge to force the racetrack company to pay out funds lost from a 20% purse cut.

PA Gaming Board Supports Equine Welfare

Though it has no regulatory oversight of equine health and safety, the Pennsylvania Gaming Control Board has adopted a resolution saying it supports the state's efforts to "invest in horse health and welfare."

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