James E. Bassett

BREEDERS’ CUP AND THE IMPORTANCE OF PARANOIA

By Ray Paulick “I’m often credited with the motto, ‘Only the paranoid survive.’ I have no idea when I first said this, but the fact remains that, when it comes to business, I believe in the value of paranoia.” – Andrew Groves, founder and former chairman, Intel Corporation. “Just because I’m paranoid doesn’t mean […]

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BREEDERS’ CUP: TRANSPARENCY AND DEMOCRACY?

By Ray Paulick President Barack Obama, on his first full day in office, called for higher standards in transparency and accountability for his administration. While there already have been some bumps on that road, our new president’s demands are in line with a broader movement toward greater transparency, accountability and openness, not only in government […]

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MYTHICAL KY SLOTS ARMADA: 15 YEARS LATER

By Ray Paulick It’s now been 15 years since James E. (Ted) Bassett III, then the president of Keenelend, declared before a legislative committee in Kentucky’s state capitol that the commonwealth’s signature industry, Thoroughbred racing and breeding, was “not going to cave in to the hypothetical threat of a mythical armada cruising down the Ohio […]

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JOE HIRSCH REMEMBERED …

The death of Daily Racing Form’s longtime executive columnist Joe Hirsch has brought an outpouring of tributes from people throughout the Thoroughbred industry who remembered him for his dedication to the sport and to his profession, and for his friendship. “Joe Hirsch was much more than just the dean of American racing writers for […]

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WHO OWNS KEENELAND?

By Ray Paulick In the 46 years since the Breeders’ Sales Company – a co-op established by Central Kentucky breeders — was handed over to Keeneland, the Lexington, Ky., auction house/racetrack has gross receipts of more than $13.5 billion through its sales of weanlings, yearlings, 2-year-olds in training and breeding stock. During that time, the […]

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BREEDERS’ CUP ELECTION: GAME ON!

It took centuries for the people of Iraq to experience the joys of voting in a democratic election. Thoroughbred breeders only had to wait 25 years.   For over two decades since its inception in 1982 as the brainchild of the late John Gaines, Breeders’ Cup Ltd. had been run under the cloak of darkness, […]

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