The Biz

‘KEEP’ING THINGS IN PERSPECTIVE

By Bradford Cummings As we enter into the 2010 general session of the Kentucky House and Senate, it is important for Kentuckians to take a moment and look back at where we have come from in this fight to level the playing field with other states through expanded gaming in the Bluegrass State. While I […]

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MARYLAND SLOTS ALREADY TAKING A HIT?

A bill proposed by Democrat Frank Turner would reduce the percentage of proceeds set aside for slots to go to purses from 5.5% to 2%, capping supplements at $50 million. Of course, this deceit would be easier to take if it were going to a great cause, but instead it is just to increase […]

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STRONACH STRIKES A DEAL

Attorneys for Magna Entertainment have struck a deal in U.S.  bankruptcy court with unsecured creditors that will allow Frank Stronach to maintain control of Santa Anita Park, Gulfstream Park and Golden Gate Fields and the account wagering company Xpressbet.com and the Amtote totalizator company, Reuters and Bloomberg have reported. The creditors will receive nearly […]

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COULD GEORGIA BE ON OUR MINDS?

In an attempt to increase their state coffers, Georgia officials are looking at Augusta as a likely site for a new track. “…given the fact the state is going to be looking at billion dollar deficits now through 2013, it doesn’t surprise me there are groups looking to generate new revenues,” said Mayor of […]

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‘MAYBE TOMORROW WILL HAVE IT’

Viewed as an extension of the November sale, there was some hope in the air that Keeneland’s January sale would perform better than expected. Unfortunately, this year’s horses-of-all-ages opening session did not exactly come up roses. Blamed on the lack of quality, the gross was down 44.81%, average down 37.37% and median dropped 25.93%. […]

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THE UNLIKELY SIRES OF 2009

While it was no surprise that 76% of 2009 graded stakes winners came from the sire lines of Northern Dancer, Mr. Prospector and Bold Ruler, Jeff Scott of the The Saratogian points out some of the less likely sires to have that kind of success. And I thought Birdonthewire was a 1990 Goldie Hawn/Mel […]

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GULFSTREAM PARK: HALF-BAKED IN THE FLORIDA SUN

By Ray Paulick How cold was it at Gulfstream Park in South Florida last weekend? So cold that local legend Hash Weinstein thought of wearing socks for the first time in his life. So cold the volleyballs at Frank’s beach all were sadly deflated. It was so cold racing fans couldn’t have cared less whether […]

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KEENELAND REBOUND!

While not all indices were up, Tuesday’s session at the Keeneland January sale was a breath of fresh compared to yesterday’s first session. The average and gross were both up, the median down and the buyback held steady. “The market’s not strong, but for the right horses, it’s not as bad as everybody thinks […]

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‘A DEBATABLE POINT’

Kentucky State Senator Damon Thayer delays consideration of his constitutional amendment bill to build a larger consensus, reports the Blood-Horse’s Ron Mitchell. “I am getting a lot of feedback from people in the horse industry that they are disappointed in the horse industry leadership for opposing my bill,” Thayer said. However, he fails to […]

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INSTANT RACING? A-OKAY!

According to Kentucky Attorney General Jack Conway, adding instant racing machines to Kentucky’s racetracks would only require a few regulatory tweaks by Governor Steve Beshear. For those not familiar with Instant Racing, these slot-like machines are programed with thousands of previously run races for the player to bet on. Oaklawn Park currently uses these […]

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