Posts Tagged ‘pick six carryover’

MONDAY MORNING QUARTERBACK: DOWN THE STRETCH!

Monday, October 20th, 2008

 By Ray Paulick

Santa Anita Park will be the focal point of the racing world on Friday and Saturday with the 25th running of the Breeders’ Cup world championships, but that doesn’t mean the rest of the nation’s tracks have gone into hibernation for the week.

Take Suffolk Downs … please! But, seriously, the East Boston racetrack was packed to the gills on Sunday, and it was all for a good cause. Thousands of walkers took to the sandy loam racing surface to help fund scientific research and to increase autism awareness at the eighth annual Greater Boston Walk Now For Autism.

It was the second time the event was held at Suffolk Downs following the successful debut last year when more than $1.3 million was raised and 15,000 turned out to take a couple of laps around the one-mile track. All proceeds from the event benefit Autism Speaks, the nation’s leading autism advocacy organization. A growing health crisis, autism is a complex brain disorder now affecting one in every 150 children by inhibiting their ability to commmunicate and develop social relationshiops, and is often accompanied by extreme behavioral challenges. A child is diagnosed with autism every 20 minutes.

Since becoming principal owner of Suffolk Downs last March, Richard Fields has elevated the profile of the track in both the racing and local communities through his support of events like Walk Now for Autism and the creation of a policy to prevent racehorses that compete at his track from being sent to slaughter.  Fields has been a welcome and positive addition to the industry.

IT MIGHT BE A STRETCH TO SAY THAT BELMONT PARK WILL BE JUMPING ON WEDNESDAY, since the term “weekday crowds” there is an oxymoron. But a $1-million pick six carryover is going to put Belmont in the spotlight among the nation’s horseplayers, who figure to pump as much as $3 million more into the pool. That’s what happened back on June 11 during the spring-summer meeting when a $1-million-plus carryover resulted in a final pool of $4.4 million. There were 29 winning tickets that day (each worth $103,754), none of them purchased on-track at Belmont Park.

The good news for the New York Racing Association during Belmont Park’s final week follows the bad news for local horsemen, who learned of 10% purse cuts at the upcoming Aqueduct meeting, and for a number of full-time employees, who were laid off. The carryover is not good news for Breeders’ Cup officials who would rather see horseplayers hold onto their bankrolls until Friday, when the two-day world championships begin at Santa Anita.

A GOOD HORSEKEEPING SEAL OF APPROVAL … is that really all the enforcement strength the National Thoroughbred Racing Association can muster with its Safety and Integrity Alliance? If so, last week’s announcement of proposed wide-ranging reforms by the NTRA only reinforces the need for some form of federal intervention to create national standards for the racing industry.

In a press teleconference that included former Wisconsin Gov. Tommy Thompson, whose Washington law firm has been hired to independently monitor the reform movement’s progress, NTRA president and CEO Alex Waldrop called the Alliance a “voluntary” organization. He suggested tracks that don’t conform to the Alliance’s Code of Conduct may be considered pariahs by horseplayers, who will bet their money at tracks that do comply. Waldrop also failed to substantively answer any questions about how the industry will pay for the reforms, even going so far as to say the NTRA has no idea how much the reforms will cost. Click here to read the teleconference transcripts.

Good work was done by the Alliance and the many people who worked on the sensible and much needed reforms, but the fundamental flaw that has derailed so many prior industry initiatives still remains: the lack of a central authority with real enforcement powers. Oaklawn Park and Tampa Bay Downs, two tracks that did not join the Alliance, can’t be forced into the Alliance, and I seriously doubt their future success or failure will be a byproduct of their membership status.

Structure remains an impediment to serious progress in this industry. Until there is a structure that includes a national office with real enforcement and decision-making capabilities, volunteer organizations are doomed to fail.

HALSEY MINOR IS NOT GIVING UP ON HIALEAH PARK. Just because the technology entrepreneur has shifted his attention to MI Developments, the controlling shareholder of the near-bankrupt racetrack company Magna Entertainment, doesn’t mean he’s taken his eye off Hialeah Park, the dormant South Florida track he wants to buy.

Minor told the Paulick Report he intends to legally challenge the city of Hialeah’s right to turn over the deed for Hialeah Park to John Brunetti four years ago at the end of a 30-year lease agreement between Hialeah and Brunetti. Minor contends that Brunetti failed to live up to the terms of the lease by failing to offer live racing, not holding a pari-mutuel license and falling behind in his payments to the city. Minor thinks the city of Hialeah should enforce an eminent domain claim on the land. If not, he said he has a team of lawyers ready to strike.

BREEDERS’ CUP OFFICIALS COULDN’T FORESEE THE FINANCIAL CRISIS that has many people cutting their discretionary spending, and there is no doubt the troubled economy will lower expectations for business this weekend. But long before the Wall Street meltdown, it was obvious to many people the inflated ticket prices and insistence on a two-day ticket package was a mistake. Now they are scrambling to sell reserved seats for the world championships. A quick check of online ticket brokers shows seats are available for Friday’s program at prices less than half of face value. The Breeders’ Cup should go back to the drawing board on their ticket pricing for 2009. It may the “Super Bowl of Horse Racing,” but it’s not the Super Bowl.

 

 

Copyright © 2008, The Paulick Report

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THE WEEK THAT WAS: JULY 20-27

Sunday, July 27th, 2008

By Ray Paulick

Saratoga opens, and so do the skies.

That sums up the first several days of the upstate New York Spa’s business, which is not good news for a bankrupt organization that says it will need more bailout money from the state sometime in the next couple of months. Heavy rains washed away numerous turf races and showers even made an unscheduled appearance on Whitney day.

The NYRA has survived far worse weather patterns, including the near-perfect storm of a federal indictment, bankruptcy and a franchise renewal drama whose end-game could have led to a game of "musical boxes" on the front row of those cherished clubhouse seats at Saratoga. In the end, power and tradition won the day for the old guard, thanks to some new guard knee-capping by the dynamic NYRA chairman, Steve Duncker, a Wall Street fightin’ man originally from the anything but hardscrabble suburbs of St. Louis (west, not east St. Loo).

Fortunately for NYRA’s trustees and executives, there are some people around who make them look human, led by the husband-wife team of John Hendrickson and Marylou Whitney, who took backstretch philanthropy into their own hands (with assistance from a group of local businesses and horsemen) by providing weekly banquets and nightly movies for the stable hands.

BUT THE EARTH DOESN’T ACTUALLY CIRCLE around Saratoga in July and August (though some may think it does). There’s also Del Mar, whose first-week business declines had the guys in Hawaiian shirts and sandals looking very grim until a gigantic wave of Pick Six mania washed ashore on the July 26-27 weekend, contributing (along with a free concert and micro-brew festival) to the ninth-highest handle in track history. No one picked all six winners and $1.5 million carries over into Sunday’s Pick Six, promising to make that program a big one, too.

Purse cuts looked imminent, but maybe the surge can work where the Turf meets the Surf.

Incidentally, Del Mar won the head-to-head battle of the gate against Saratoga on Saturday, 32,291 at Del Mar to 29,655 at Saratoga. Saratoga won the handle bout, $25,017,333 at Saratoga to $20,531,679 at Del Mar. Del Mar’s numbers were way up from 2007, when just 24,873 attended on the same day. Saratoga’s were down 9.7% in handle and 5.9% in attendance from 2007 when 31,510 were on hand for the first "Win and You’re In" day and handle was $27,708,217.

HIALEAH PARK’S John Brunetti was among those in the large Del Mar crowd on Saturday (he lives in nearby Rancho Santa Fe). Brunetti told the Paulick Report that he is hoping to bring live racing back to Hialeah Park on his own accord and doesn’t need the help of Halsey Minor, the cash-rich, Internet-savvy Virginian who actually is willing to invest tens of millions of his own cyber dollars into not only reopening Hialeah Park but making it a showplace.

Poor old Mr. B (it could stand for "beleaguered") just doesn’t get it. Brunetti seems to be a very nice man, but he’s been consistently outfoxed by Doug Donn, Ken Dunn, Churchill Downs and even Frank Stronach in the South Florida racing wars, and his same old "woe is me" song to state legislators isn’t going to change things for the better. He hasn’t run a live race at Hialeah since 2001, and he ran many horseplayers years earlier when he jacked up the takeout to unprecedented rates following deregulation.

But there is an unmistakable opportunity to bring Hialeah Park back if Brunetti is willing to put his ego and bluster aside. He could ride off into the sunset a hero as the man who kept the Hialeah Park dream alive long enough for the new sheriff to come into town and clean up.

The Paulick Report will have more on Hialeah and Halsey Minor in the coming week.

DID I MENTION EGO AND BLUSTER? That leads me to Aurora, Ontario, Canada, home of Magna Entertainment, which lost another top manager last week with the resignation of Scott Borgemenke, the vice president of racing. This management change was another in a long line of executive exits in Frank Stronach’s empire detailed in the Paulick Report.

Stronach does some things right … breeding horses, for example. His champion filly, Ginger Punch, was one of the on-track stars at Saratoga during the Breeders’ Cup’s "Win and You’re In" telecast on ABC Saturday afternoon (which featured an entertaining back-and-back forth between Michael Iavarone and Rick Dutrow, the owner-trainer team that handles Big Brown). In winning the Go for Wand under tough circumstances (every jockey in the race tried to keep her boxed up), the daughter of Awesome Again displayed the kind of guts and determination every breeder would like to see in his or her horses. She was impressive.

So was Tracy and Carol Farmer’s 7-year-old Commentator, who ran away with the Whitney in powerful fashion. Hall of Fame trainer Nick Zito said the win was one of the high points of his own career and puts the New York-bred gelding by Distorted Humor in the same league as Kelso and Forego, two legendary geldings from the past.

Heady company indeed. 

Copyright ©2008, The Paulick Report

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