The Biz

HANA TRACK RATINGS: #1 KEENELAND

2010 HANA Track Ratings – #1 Keeneland Race Course Rank: 1 HANAScore: 3.23 For the second consecutive year, Keeneland Race Course has earned the distinction as the top scoring track in the Horseplayers Association of North America’s rankings of 69 racetracks on the continent. The HANA ratings are a rating system not based […]

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HANA TRACK RATINGS: #5 OAKLAWN PARK

2010 HANA Track Ratings – #5 Oaklawn ParkBy Greg Reinhart Rank: 5 HANAScore: 2.47 Tucked away in Hot Springs, Arkansas, is Oaklawn Park, which took the fifth spot in the Horseplayer Association of North America’s annual rankings of racetracks in North America this year after coming in eighth in 2009. The HANA ratings […]

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LAKE: DOWN BUT NOT OUT

Attorney Alan Pincus was sitting in a racebook recently and heard someone in front of him make several disparaging remarks about Mid-Atlantic-based Scott Lake, the leading North American trainer by wins in 2000, 2001, 2003 and 2006 (and second in 2002 and 2005). “Lake is through,” Pincus heard the horseplayer say. “His juice is gone”…”He’s […]

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OTB: WE’LL CLOSE UNLESS ALBANY RIDES TO THE RESCUE

According to the New Daily News, the NYC OTB board voted yesterday to lay off all 1,300 employees unless they are given a lifeline from Albany. Without the deal, all 66 betting parlors will be forced to close as of April 11th. NYRA, which is owed $15 million by the OTB, obviously opposed the […]

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MID ANNOUNCES AMENDMENTS TO MAGNA REORGANIZATION

PRESS RELEASE MI Developments Inc. today announced that the Plan of Reorganization in respect of Magna Entertainment Corp. (“MEC”) and certain of its subsidiaries, jointly proposed by MEC, MID and the Official Committee of Unsecured Creditors of MEC (the “Creditors Committee”), was amended to provide for the transfer of Maryland Jockey Club (“MJC”) to MID. […]

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GREYHOUND RACING: DO NOT TAKE ANIMAL RIGHTS GROUPS LIGHTLY

The American Greyhound Tracks of America are meeting in Las Vegas this week and they have a message for the Thoroughbred industry: Pay attention, be proactive. “I strongly advise that horse racing’s leadership not take animal rights groups lightly,” said outgoing AGTOA president Karen Keelan. Additionally, she called for unity between pari-mutuel racing groups […]

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COULD AQUEDUCT FINALLY BE ON THE FAST TRACK?

New York State Senator, Republican Marty Golden of Brooklyn, has introduced legislation to put the selection of a racino bid on the fast track. “The selection of AEG to run the VLTs at Aqueduct was made behind closed doors after a secretive, politically-influenced process with no public input or review of the submitted proposals,” said […]

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LOUISIANA DERBY FAVORITE TO RUN FOR ‘NEW VOCATIONS’

PRESS RELEASE Discreetly Mine won’t only be running for his breeder and owner Mrs. Robsham this Saturday but also for New Vocations Racehorse Adoption Program. Being one of the program’s founding supporters Mrs. Robsham has graciously offered for Javier Castellano to wear “New Vocations” on his pants when he rides Discreetly Mine in Saturday’s Louisiana […]

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NYCOTB TO CLOSE PERMANENTLY APRIL 11TH

The following statement from David Vermillion was received by the Paulick Report: On March 22, 2010, the Board of Directors of the New York City Off-Track Betting Corporation authorized the sending of 14-day layoff notices to all employees for a shutdown of operations on April 11, 2010 and a termination of their employment on […]

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NYC OTB EXECS TO FOREGO SALARIES

PRESS RELEASE This morning, the executive staff and restructuring consultants of the New York City Off-Track Betting Corporation (NYC OTB) announced that they will defer all compensation until a resolution is reached to sustain the organization. The decision comes following last evening’s dispatch of 14-day layoff notices to over 1,300 OTB employees in preparation for […]

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