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The Biz

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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

Jockey Club To Buy Controlling Interest In Blood-Horse Publications

A deal in the works since last summer is expected to close Friday with The Jockey Club purchasing a controlling 51 percent interest in Blood-Horse Publications from the Thoroughbred Owners and Breeders Association, the Paulick Report has learned. Terms of the … Continue reading

All-Sources Handle Rises At Tampa Bay Downs

Officials at Tampa Bay Downs report that both all-sources handle and field size have increased during this year. According to an article in the Blood-Horse, all-sources handle is up 10.3 percent year-to-date, while field size is up nine percent (from … Continue reading

Churchill Downs Inc. Reports Record Net Revenue In 2014

Powered by the acquisitions of Big Fish Games and Oxford Casino, along with a strong Kentucky Oaks and Derby week, Churchill Downs Inc. reported an increase of $33.6 million in net revenues for 2014. The company also reported an additional … Continue reading