The Stronach Group

Massachusetts: Stronach Group To Meet With Officials Monday To Discuss Possible Track Partnership

Tim Ritvo, the CEO of the racing division of The Stronach Group, is scheduled to meet with George Carney, the owner of Raynham Park and Brockton Fairgrounds July 24 to discuss the possibility of partnering on a Thoroughbred meet. The Daily Racing Form reports that the meeting will be a “continuation of several preliminary discussions” between the […]

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Migliore Joins XBTV As Racing Analyst, Expanding Digital Media Team’s East Coast Coverage

The Stronach Group is excited to announce that champion jockey and racing analyst Richard “The Mig” Migliore has joined XBTV’s Digital Media Team. XBTV.com is horse racing’s premier digital network and provides horse players a competitive edge through on-demand content that includes morning works, expert insight and analysis, and exclusive interviews. Migliore brings decades of […]

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Gulfstream Reports Increases In Total, Average Handle Over Spring Meeting

Gulfstream Park’s spring meet, which concluded Friday, showed record increases in total and average handle for the second consecutive year. Total handle on Gulfstream’s races for the meet was $312 million, a 13-percent increase while surpassing last year’s record of $276 million and the 2015 total of $246 million. Average handle also continued rise, climbing to […]

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Gulfstream’s Summit Of Speed Handle Up 30 Percent Over 2016

Gulfstream Park set a record on Summit of Speed Day with total handle Saturday of $12,660,617. Saturday’s handle eclipsed the previous year’s handle of $9,702 million by 30 percent and the 2015 handle of $8,071 by 50 percent. The 14-race card featured victories by Curlin’s Approval in the Breeders’ Cup “Win & You’re In” Princess Rooney […]

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California Handle: ‘Field Size Is The Biggest Factor, More Important Than Takeout’

The Los Angeles Daily News’ Art Wilson writes that the solution to generating handle on horse racing has been focused on takeout, ever since the advent of social media. The Stronach Group’s chief operating officer Tim Ritvo agrees that takeout is “a little bit too high” ever since the California legislature passed SB1072 in 2010, increasing the takeout […]

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Ritvo: The Stronach Group Considering Possible New England Track

Although discussions are admittedly in the “very early” stages, there are indications that The Stronach Group is considering building a racetrack in New England. “We think Boston is a good market and we don’t want it to go away. We’re in preliminary talks with George Carney, but it’s very early,” Tim Ritvo, The Stronach Group’s chief […]

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XBTV Aftercare Film Festival To Open July 1

The Thoroughbred Aftercare Alliance (TAA) announced today an exciting collaboration with XBTV to present the XBTV Aftercare Film Festival.  The Film Festival will launch July 1st as part of an ongoing industry effort to highlight the importance of horse aftercare as part of the ecosystem of Thoroughbred racing. Themed “The Importance of Thoroughbred Aftercare and Accreditation […]

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Xpressbet Named Preferred U.S. Betting Site For Royal Ascot Meeting

Xpressbet, a subsidiary of The Stronach Group, has been named the ‘Preferred U.S. Betting Site of Royal Ascot.’ Royal Ascot is one of the world’s most prestigious race meets, featuring 19 graded stakes races and £6.58 million ($8.5 million USD) in purses. A staple on the UK racing calendar since the 1700s, this year’s Royal […]

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Derby Wars To Pay $500,000 To Stronach Group, Comply With Interstate Horseracing Act, To Settle Lawsuit

The owners of Derby Wars will pay The Stronach Group $500,000 over the next year as part of a settlement agreement that ends litigation filed by the racetrack owner against the handicapping contest operator in December 2015. Federal Judge James Otero of U.S. District Court for the Central District of California signed and filed the […]

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Santa Anita Cancels Final Two Thursday Cards Of Spring Summer Meet

With Santa Anita’s current Spring Summer Meet set to conclude on Tuesday, July 4, the track has modified its current racing schedule for the next two weeks, as the track will now run a pair of three-day weeks, beginning Friday, June 16 and Friday, June 23, in advance of a five-day closing week, which starts […]

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