The Texas Racing Commission has approved a 2011 racing calendar that includes more than a three-month gap during which Texas horsemen will need to ship their horses outside state lines if they want to run.
The gross and average prices held steady, the median was up, and the buy-back rate declined at the Fasig-Tipton Texas 2-year-olds in training sale held near Dallas March 30.
When the Texas legislature convenes Jan. 13, a bill to legalize alternative gaming at the state's racetracks is ready to be filed. The Texas racing industry has angled for video lottery terminals for the past decade, but in 2009, business will not be as usual.
A weaker second sesson pulled down the overall average and median at the Fasig-Tipton Texas Yearling sale, which ended Aug. 26. Last year's second sesssion was bolstered by a record-topping $330,000 horse.
Despite competition from an increasing number of sales in Louisiana and Oklahoma, the average and gross increased slightly at the Fasig-Tipton Texas December Mixed Sale, held Dec. 9 at the Texas Thoroughbred Sales Pavilion on the grounds of Lone Star Park at Grand Prairie.
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