New Tax Rules a Hit With Horseplayers
Changes are reducing paperwork for tracks and, most importantly in terms of the withholding, keeping money in players' hands.
Keyword: Will Alempijevic
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NYRA Revises Pick 6 Carryover to $47,812
Calling it a matter of fairness to horseplayers, the New York Racing Association increased its carryover pool for the June 9 Pick 6 after receiving permission from the New York State Gaming Commission early that morning to make the revision.
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Portland Meadows Reports Handle Increases
Portland Meadows concluded its 2014-15 meet Feb. 10 with increases in overall and in-state handle during the 36-day stand, and a slight decrease in purses.
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Portland Meadows Adds a Monday Program
Portland Meadows will add a live racing program for Feb. 9 to make up for a weather-related cancellation Dec. 30, 2014. The schedule change was approved by the Oregon Racing Commission.
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Portland to Race on Tuesdays, Drop Wednesdays
Portland Meadows will begin hosting live racing on Tuesdays for the remainder of the 2014-15 meeting, the track reported Nov. 9, and will abandon previously scheduled Wednesday programs.
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Daily Averages Up at Shorter Portland Meet
A reduction in the number of racing days from 60 in 2012 to 49 resulted in average daily gains in wagering and purses at Portland Meadows.
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Schedule Changes Fuel Portland Handle Growth
Portland Meadows in Oregon concluded its short summer meet Sept. 29 with substantial increases in pari-mutuel handle.
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Portland Meadows Announces Dates for 2013-14
In a surprise announcement June 10, Portland Meadows said it will have live racing from July 21 through Jan. 26, 2014. The track recently was approved to install historical racing machines.
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Average Daily Handle Up at Portland Meadows
A reduction in live race dates at Portland Meadows resulted in daily average increases in handle and purses for the 55-day meet in 2011-12 when compared with the 73-day meet in 2010-11.
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Record Wagering at Portland Meadows
Portland Meadows reported record handle of $61.2 million during its 78 day meet that concluded May 1 at the Portland, Ore. oval.
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Portland Meadows Reports Record Season
Its meet extended by one week, Portland Meadows handled a record $44,655,297 over 66 full race days when the 2008-09 Oregon meet concluded March 31.
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Dispute Threatens Portland Meadows Meet
Oregon horsemen claim they are caught in the middle of a battle between TVG and Magna Entertainment Corp. over source-market fees, a dispute they claim could jeopardize this year's Portland Meadows fall meet.
