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Purse Cuts Planned at CDI-Owned Tracks

Purse Cuts Planned at CDI-Owned Tracks

A Churchill Downs Inc. official said May 7 purses at Churchill Downs in Louisville, Ky., could be cut the week of May 11, while Calder Race Course in South Florida could face another reduction in purses.

KTA Upset with Churchill Dealings

KTA Upset with Churchill Dealings

The head of a Kentucky horsemen's association said his group withheld approval for the Churchill Downs signal to go out to a pair of offshore rebate shops for the undercards of the Kentucky Derby Presented by Yum! Brands (gr. I) and Kentucky Oaks (gr. I), and is aggravated that the track is blaming horsemen for a decline in handle on the two programs.

Evans: Internet and ADW Key to Growth

Evans: Internet and ADW Key to Growth

Churchill Downs Inc. has invested $100 million in advance deposit wagering for a reason: The company believes it's the major growth channel for pari-mutuel wagering, as well as a means to drive traffic to the racetrack, CDI president and chief executive officer Bob Evans said.

Calder: Purse Cuts Are FHBPA's Fault

Calder: Purse Cuts Are FHBPA's Fault

Calder Race Course announced April 21 due to the Florida Horsemen's Benevolent and Protective Association's refusal to approve the distribution of Calder races to out-of-state wagering outlets, including advance deposit wagering companies, the racetrack has been forced to cut purses by 30%, effective April 27. The purse reductions will affect a variety of race conditions, including stakes races.

'Delaware Certified' Horses Near 1,300

'Delaware Certified' Horses Near 1,300

The Delaware Certified Thoroughbred Program, formed earlier in the decade to preserve farmland and offer incentives for horses domiciled in the state, now has almost 1,300 registered Thoroughbreds, according to the Delaware Thoroughbred Horsemen's Association.

No Deal Yet Between Calder, Horsemen

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No Deal Yet Between Calder, Horsemen

Florida horsemen and officials at Calder Race Course and parent company Churchill Downs Inc. met April 14 but did not agree on contracts for the Calder meet that begins April 21.

Florida HBPA Using THG in Negotiations

Florida HBPA Using THG in Negotiations

The Florida Horsemen's Benevolent and Protective Association has given the new national Thoroughbred Horsemen's Group authority to negotiate terms with advance deposit wagering companies for betting on races at South Florida Thoroughbred racetracks. Also, Florida horsemen want an agreement on slots revenue with Calder before any contracts are signed.

Jersey Governor OKs Purse Supplements

New Jersey Gov. Jon Corzine signed legislation April 11 that allows a $90-million purse supplement for New Jersey racetracks to move forward. Now, the racing industry must decide how the money will be divvied up for purses at perhaps four racetracks.

Slots Splits Slow Calder Contract Talks

Slots Splits Slow Calder Contract Talks

As Calder Race Course prepares to open its 2008 meet April 21, the question of how to divide any future slot-machine revenue is holding up contract talks between the Miami Gardens, Fla., track and the Florida Horsemen's Benevolent and Protection Association.

New Jersey Senate OKs Purse Subsidy

New Jersey Senate OKs Purse Subsidy

The New Jersey legislature has approved a deal whereby Atlantic City casinos will pay the horseracing and breeding industry $90 million over three years in return for a guarantee the tracks won't pursue video lottery terminals during the period.

Woodbine, Horsemen Extend Contract

Woodbine, Horsemen Extend Contract

The board of directors of the Horsemen's Benevolent and Protective Association of Ontario has unanimously approved the extension of its current contract with Woodbine Entertainment Group for an additional three years, the organization announced Jan. 18.

'New' Penn National Awaits Opener

'New' Penn National Awaits Opener

It will be a new day for Thoroughbred racing in central Pennsylvania Feb. 12 when Penn National Race Course, rebuilt as a racing and gaming complex, reopens for live racing as the Hollywood Casino at Penn National.

Philly: More Money in the New Year

Philly: More Money in the New Year

The year 2008 has brought another purse increase to Philadelphia Park Casino & Racetrack, but the Pennsylvania track and other tracks in the Mid-Atlantic region are expected to continue competing for horses as the year progresses.

Calder, Others Face Issues in 2008

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Calder, Others Face Issues in 2008

After cutting its daily purses about 7% in early November, Calder Race Course quietly restored the money during the final weeks of its meet that ends Jan. 2. But questions concerning Calder and other South Florida tracks linger into the new year.

Wanted: A Better Pari-Mutuel Model

The head of the National Horsemen?s Benevolent and Protective Association has suggested the horseracing industry create an entity to assist in the marketing and distribution of its product, in this case racing signals.

Steeplechase Posts Record in 2007

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Steeplechase Posts Record in 2007

National Steeplechase Association purses were a record $5,357,645 in 2007, up 10.5% from last year, according to the organization's year-end statistics released Nov. 30.

Texas Panel OKs 2008 Breed Splits

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The Texas Racing Commission approved 2008 breed splits for horses and discussed the closure of one of the state's three Greyhound tracks during its Nov. 27 meeting.

Optimism But Concern in Maryland

Optimism But Concern in Maryland

Maryland racing interests are optimistic over passage of legislation to authorize a statewide referendum on slot machines in November 2008, but they indicated there remains a need for financial relief before the slots measure even comes up for a vote.

Fawkes Hopeful for New York String

Florida-based trainer David Fawkes had good luck shipping Take d'Tour to New York to win grade I races in 2006 and 2007, and now he looks forward to doing well with his first New York-based stable at Aqueduct's fall and winter meets.

Calder: Purse Cuts Are Necessary

Calder: Purse Cuts Are Necessary

In response to statements made by the Florida Horsemen's Benevolent and Protective Association in regard to purse cuts, Calder Race Course president Ken Dunn responded Nov. 11 by saying the decision was based on simple economics and was absolutely necessary based on decreased business during the month of October.

Field Size an Issue at Delaware

Delaware Park, one of Thoroughbred racing's pioneers in terms of combining racing and video gaming, ended its 2007 meet Nov. 4 with declines in total handle and field size, though purses paid increased about $1 million.

Purses to Increase 12% for Aqueduct Fall Meet

Purses to Increase 12% for Aqueduct Fall Meet

The New York Racing Association will again raises purses, this time for the 45-day Aqueduct fall meet that begins Oct. 24 and runs through Dec. 30. Projected purses will be the highest in recent memory for the fall meet.

Purses Boost Inaugural Presque Isle Meet

The inaugural meet at Presque Isle Downs concluded Sept. 29, with the track located at the casino of the same name near Erie, Pennsylvania reporting average daily purse distribution of $432,074 for the 29-day stand. Overnight purses averaged $368,074.

Kentucky Racing Industry Could Feel Tighter Squeeze

Kentucky Racing Industry Could Feel Tighter Squeeze

The advent of a potentially strong competitor in western Pennsylvania might have minimal impact on the upcoming meet at Turfway Park, but track president Bob Elliston said it won't go unnoticed as far as Kentucky Thoroughbred racing is concerned.

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