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Wagering Declines on 2007 Breeders' Cup

Wagering Declines on 2007 Breeders' Cup

A total of $111,903,685 was wagered from all sources on the 11-race Breeders' Cup World Thoroughbred Championships card at Monmouth Park Oct. 27, according to preliminary data, a decline of 20.3% from the all-time record set at Churchill Downs last year.

Lady Joanne Preps for Breeders' Cup Distaff

Lady Joanne Preps for Breeders' Cup Distaff

Bentley Smith's Alabama Stakes (gr. I) winner Lady Joanne continued her preparations for the $2-million Emirates Airline Breeders' Cup Distaff (gr. I) to be run Oct. 27 at Monmouth Park by working a half-mile in :48.60 Oct. 16 at Churchill Downs with regular rider Calvin Borel up.

Churchill Names Bill Mudd Chief Financial Officer

Churchill Downs Inc. has appointed William "Bill" Mudd to serve as executive vice president and chief financial officer, the Louisville-based racing company announced Oct. 4. Mudd succeeds Mike Miller, who left his role as executive vice president and CFO in January to pursue other business interests.

Street Sense Drills Five Furlongs at Churchill

Street Sense Drills Five Furlongs at Churchill

James Tafel's Street Sense, winner of this year's Kentucky Derby presented by Yum! Brands (gr. I) and Saratoga's Travers Stakes(gr. I), continued to crank up for his final prep race before the Oct. 27 Breeders' Cup Classic powered by Dodge (gr. I) when he worked a sharp five furlongs Sept. 19 at Churchill Downs.

Betting Group Launches Protest Actions

A group of bettors angered at the divisive state of advance deposit wagering has taken action by staging what it termed a "buycott" at a New Mexico racetrack, and also launched a protest Web site against a content provider.

CDI Reports Second-Quarter Net Earnings Drop

Churchill Downs Inc. reported net earnings of $29.3 million in the second quarter, a decrease of 12% compared with net earnings of $33.4 million over the same period last year. Those figures break down to $2.11 per share and $2.46 per share, respectively.

Appeals Court Rejects 'Sally Hemings' Name for Filly

A federal appeals court ruled Aug. 7 that a filly can't be named "Sally Hemings" after Thomas Jefferson's most famous slave and reputed lover. The 6th Circuit Court of Appeals in Cincinnati ruled that The Jockey Club can legally bar horse owner Garrett Redmond from naming his 4-year-old horse after Hemings.

Sale Final on Kentucky Downs

Closing is now finalized on the sale of the Kentucky Downs racetrack in Franklin, Ky., and the new majority owners have hit the ground running in preparation for hosting the fall race meeting, Sept. 15-25.

TrackNet to Offer Claiming Crown to Rivals

Saying it was responding to the pleas of horsemen, TrackNet Media Group will offer Aug. 4 Claiming Crown racing at Ellis Park to arch-rivals TVG and Youbet.com, though a company executive said the move doesn't indicate a softening of the hard lines drawn by the parties.

Youbet Announces Plan to Offset Lower Revenues

Youbet Announces Plan to Offset Lower Revenues

Youbet.com has implemented self-described cost-cutting and revenue enhancement initiatives of about $5 million in an effort to offset lower revenue expectations from its IRG and United Tote subsidiaries, the company recently announced.

Commentary: A Modest Proposal

Rob Whiteley - The Proposal. Every member of the Thoroughbred family will contribute to industry well-being by immediately investing his or her own money.

Street Sense, Curlin Work at Churchill Downs

Street Sense, Curlin Work at Churchill Downs

The winners of this spring's memorable first two Triple Crown races were in action at Churchill Downs July 1 as Street Sense, winner of the Kentucky Derby presented by Yum! Brands (gr. I), and Curlin, who edged the Derby winner to take a memorable renewal of the Preakness Stakes (gr. I), each worked five furlongs under the historic Twin Spires.

Brass Hat Firing Bullets in Preparation for Return

Brass Hat Firing Bullets in Preparation for Return

With Invasor's retirement and Hollywood Gold Cup (gr. I) favorite Lava Man likely to remain in California, at least for the time being, perhaps the savior of the older horse division will be the resilient Cinderella horse Brass Hat, who turned in a bullet five-furlong work in 1:00 at Churchill Downs Friday.

Fabian Speaks on Jockey Bans; Houghton to Attend Hearing

Fabian Speaks on Jockey Bans; Houghton to Attend Hearing

Frank Fabian, president of the Thoroughbred Racing Protective Bureau, addressed last year's banning of several jockeys while one of the riders, Terry Houghton, is scheduled to appear before the Michigan Racing Commission June 28 for an investigatory hearing.

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