The Biz

Example of the Betfair exchange wagering platform on a horse race
Exchange Wagering May Draw In ‘New And Younger Fans’ To Bet On Horse Racing

For the seven weeks that exchange wagering has been in place in the state of New Jersey, Betfair US has seen promising returns, reports Joe Drape of the New York Times. According to the New Jersey Racing Commission, $1,142,228 has been bet on the exchange in the first seven weeks, a period which generally handles […]

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Nebraska Horsemen's Park in Omaha.
Nebraska: Petitions Aim To Put Gaming At Racetracks

Three new petitions are being circulated across the state of Nebraska, reports wowt.com. Their aim is to allow gaming at licensed horse racing tracks in the state, like Omaha’s Horsemen’s Park, which only races a few weekends out of the year. “I think people really understand the need for this,” says Scott Lautenbaugh with the […]

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Arlington Park
Coordinated Race Dates For Arlington, Hawthorne Proposed Friday

Arlington Park and Hawthorne Racecourse submitted coordinated race date proposals to the Illinois Racing Board on Friday, according to bloodhorse.com, marking the second straight year that the two Chicago-based tracks have done so. Last year, the compromise was facilitated by the collapse of Balmoral and Maywood Parks, to whom the IRB declined to grant dates. […]

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Monmouth_start_inside_2015
‘You’ve Got To Be Able To Hang On’: Former NJ Gov. Says ‘Relief’ For Racing At Least Two Years Away

Speaking to the owners and trainers gathered at Thursday’s post position draw for the G1 Haskell Invitational at Monmouth Park, former New Jersey Gov. Richard Codey painted a somewhat murky picture of the future of racing in the state – at least while the current administration is in office. “Another administration will be here in a year-and-a-half. […]

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Mares Pasture
American Horse Council To Update Economic Impact Study In 2017

The American Horse Council Foundation is seeking to update the Economic Impact Study of the Horse Industry in 2017. The 2005 Economic Impact Study documented the economic effects of the racing, showing, recreation and other segments of the horse industry. It established that the horse industry in all its segments, including racing, showing, and recreation, […]

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Racing at Oaklawn Park
Oaklawn Strengthening Handicap Division In 2017; Razorback Bumped To $500,000

The track with the richest Triple Crown prep schedule will greatly enhance its handicap division in 2017. Oaklawn will offer a lucrative alternative to horsemen looking for a race in advance of the Dubai World Cup by increasing the purse of the Razorback Handicap (G3) from $350,000 to $500,000 and moving the race from March […]

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bankruptcy-court-sign
Lansdowne Thoroughbreds Bankruptcy Case Dismissed After New Investors Agree To Purchase Company

U.S. Bankruptcy Court Judge Tracey N. Wise on Tuesday sustained a motion by Lansdowne Thoroughbreds LLC to dismiss its Chapter 7 bankruptcy case filed earlier this month. According to a Motion for Dismissal filed on Monday by the Lexington, Ky., law firm Bunch & Brock, which represents Lansdowne Thoroughbreds, the bankruptcy petition was filed in order […]

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Racing at Churchill Downs
Churchill Downs Announces Lucrative $3.2M September, Fall Stakes Schedules

Stakes schedules that feature combined purses of more than $3.2 million and a wide-ranging array of events for horses in most every category of competition have been announced by Churchill Downs Racetrack for its upcoming September Meet, which features an 11-day racing schedule from Friday, Sept. 16 through Sunday, Oct. 2, and its traditional Fall […]

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Horses race in front of a beautiful backdrop in Roscommon, Ireland
Horse Racing Ireland Launches Industry Assistance Program

Horse Racing Ireland July 26 launched an industry assistance program for the Irish Thoroughbred industry. The program is designed to improve the well-being of the 14,500 staff working in the industry. It will provide round-the-clock support through a range of confidential services, including a 24/7 telephone support line and an online resource center with a […]

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2010 World Equestrian Games Hosted in Lexington, Ky.
World Equestrian Games 2018: Back To Lexington?

On July 22, the Fédération Équestre Internationale (FEI) announced that the 2018 World Equestrian Games would no longer be hosted by Bromont, Quebec in Canada. According to lex18.com, officials at the Kentucky Horse Park in Lexington are hopeful that they will get the chance to host the games once again. The Kentucky Horse Park hosted […]

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