Tim Ritvo

Stronach Group, Fasig-Tipton To Host Sales At Santa Anita In 2019

The Stronach Group and Fasig-Tipton have reached an agreement to conduct Thoroughbred auctions at Santa Anita Park beginning in 2019. A tentative date for a 2-year-olds in training sale has been set for June 5. Tentative dates for a yearling sale are September 24 or 25. “We’re thrilled to have Fasig-Tipton back in California and to host […]

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Stronach Group To Add Horses’ Weights To Past Performance Information

The Stronach Group announced today that after monitoring, compiling and televising the weights of horses the past several months at its facilities in California, Florida and Maryland, the information is scheduled to be available in past performances by the end of summer. Prior to be being saddled before a race, each horse steps on a […]

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Handle Increases 8 Percent, Tops $1 Billion During Santa Anita Meeting

With a closing day Pick 6 pool of $6,022,040 adding an exclamation point to the conclusion of Santa Anita’s Winter/Spring Meet, all sources pari-mutuel handle for the 102-day run dating back to Dec. 26, exceeded the $1 billion mark, an eight percent increase over a year ago.  With overall on-track attendance showing a one percent […]

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Future In Doubt For Golden Gate Fields In Northern California

Officials with The Stronach Group have called what it refers to as an “urgent meeting” with horsemen at Golden Gate Fields to discuss the future of the Northern California racetrack it owns. The Stronach Group and the California Horse Racing Board are at an impasse over the company’s application for a license to its upcoming […]

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$70 Million Handle Increase Spurs 10 Percent Purse Hike At Santa Anita Park

Due to a $70 million increase in overall pari-mutuel handle dating back to Dec. 26, Santa Anita Park has announced a 10 percent increase in overnight purses, effective Friday, June 1, through closing day, Sunday, June 24. “The fact that we’re up $70 million in handle is obviously very gratifying and there are several factors involved, including field […]

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Weather, Small Fields Fail To Drown Record Preakness Handle

One might think Stronach Group officials would be wincing to see the betting numbers from Saturday’s card at Pimlico Race Course, but the Daily Racing Form reports total handle on the Preakness Stakes set a record. Meanwhile, the all-sources betting for the day’s card was down just 4.4. percent. The Preakness Stakes’ total handle reached $61.97 […]

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Stronach Group Eager To Get In On Sports Gambling At Racetracks

Santa Anita Park already has a room called the Sports Book. After yesterday’s Supreme Court decision knocking down a federal law prohibiting states from legalizing sports betting, could the room be turned into an actual sports book? You bet. The Stronach Group’s COO Tim Ritvo tells the Los Angeles Times the racetrack ownership company plans […]

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Preakness At Pimlico Through 2019, But No More ‘Kicking The Can Down The Road’

The middle jewel of the Triple Crown will be held at Maryland’s historic Pimlico racecourse for at least one more year, according to the Baltimore Sun. Beyond that, The Stronach Group officials are not speculating on whether the Preakness will continue to be held at the track built in 1870, or will be moved to the […]

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XpressBet, Long-Time President Luniewski Parting Ways

Ron Luniewski is no longer the president of XpressBet, reports drf.com. In that position since 2002, Luniewski was one of the longest-serving members of the ADW company. The Stronach Group’s Tim Ritvo met with Luniewski at XpressBet headquarters in Pittsburgh on Friday, and XpressBet made the notification to its employees shortly thereafter. Neither Ritvo nor Luniewski […]

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‘Sensational’: All Three Of Saturday’s Derby Preps Recorded Increased Handle

Saturday saw a trio of Kentucky Derby prep races run across the United States, and each of the day’s cards at Keeneland, Aqueduct and Santa Anita demonstrated handle increases over 2017. On Blue Grass day, Keeneland set non-Breeders’ Cup single-day wagering records for all-sources handle, Pick 4 and Pick 5 pools. Total all-sources handle was […]

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