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The Biz

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Summit Of Speed, Florida Sire Stakes Highlight Gulfstream Summer Schedule

Gulfstream Park announced today a record $4.7 million summer stakes schedule highlighted by the resurrected $1.025 million Summit of Speed, a record $2 million Florida Sire Stakes Series, and an inaugural Sire Stakes for 3-year-old Florida-breds worth $900,000. The schedule … Continue reading

‘Something Special’: Oaklawn Park’s Success In Recent Years

In the latest edition of Talk Business & Politics magazine, contributor Rex Nelson writes about the recent rise of Oaklawn Park after Instant Racing and other forms of gaming were installed at the Hot Springs, Ark. track. In the early … Continue reading

Oaklawn Schedules Additional Racing Days Due To Cancellations

The Arkansas Racing Commission unanimously approved a request by Oaklawn Saturday to add two Wednesdays to its 2015 Racing Season – March 18 and March 25 – to compensate for days lost to weather. “We are simply trying to make … Continue reading

Santa Anita Cancels ‘Seabiscuit’ Screening Due To Forecast

Due to a high probability of rain, Santa Anita Park has cancelled a special screening of the 2003 hit movie Seabiscuit this Saturday, which had been scheduled to start following the races at 6:30 p.m. in the track’s Paddock Gardens … Continue reading

Suffolk Downs, Horsemen Reach Deal To Conduct Live Racing In 2015-2016

Suffolk Downs and the New England HBPA released the following statement Feb. 27: Officials of Sterling Suffolk Racecourse LLC and the New England affiliate of the Horsemen’s Benevolent and Protective Association announced today that they have reached an agreement for … Continue reading

Bad Lawmaking Bites North Dakota: State May Owe Millions To Bankrupt ADW

When it comes to taxation on horse race wagering, states better make sure they dot their i’s and cross their t’s. The nation’s second highest court ruled this month that North Dakota had no standing to collect millions of dollars … Continue reading

‘History, Influence, And Brand Recognition’: Jockey Club Officially Announces Blood-Horse Deal

The Jockey Club and the Thoroughbred Owners and Breeders Association (TOBA) announced today that The Jockey Club Information Systems Inc. has purchased a majority ownership interest in Blood-Horse magazine. The purchase also includes related digital and custom printing properties of … Continue reading

Cool Change? Tribal Casino Planned At Former Michigan Racetrack

Plans continue to move forward to build a casino on the site of a former racetrack in western Michigan. According to an article in Crain’s Detroit Business, the Little River Band of Ottawa Indians filed paperwork with the Bureau of … Continue reading

KY: House Panel Approves Breeders’ Cup Tax Break Bill

A bill to restore a tax break for a track hosting the Breeders’ Cup was approved Thursday night by a special committee in the Kentucky House. The Louisville Courier-Journal reports that House Bill 134, which would restore the pari-mutuel tax … Continue reading

New Casino Expansion Bills Introduced In Illinois Legislature

Several gambling expansion bills hit the Illinois legislature this week, and they could have big impacts on racing in the state. State Rep. Bob Rita introduced a bill calling for a new casino in Chicago, following up a different proposal earlier in … Continue reading