amtote

NYC OTB: WHERE NOBODY KNOWS YOUR NAME…

By Bradford Cummings …and they’re never glad you came. Yes, NYC OTB is the anti-Cheers. While in New York City for my best friend’s wedding, I thought I would take a couple hours out of my visit to get part of the New York racing experience. I’ve been to Belmont Park before and since the […]

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‘WE’RE NOT GOING AWAY, FRANK’

By Ray Paulick William Bayne Jr. is a longtime horseplayer and horse owner who lost more than $2 million he invested in Frank Stronach’s now bankrupt Magna Entertainment (MEC). After a United States bankruptcy court judge recently approved a settlement plan transferring the assets of MEC to another Stronach-run company–MI Developments–but giving zero to MEC […]

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GOOD NEWS FRIDAY sponsored by Liberation Farm: GOOD TIME CHARLIE

  By Ray Paulick He is a combination of P.T. Barnum, Perle Mesta and Frank Sinatra—an innovative promoter, unmatched host and fiercely independent man. He rules over one of the last family-owned racetracks on the American landscape. He is Charles Cella, the longtime president of Oaklawn Park, and if anyone is going to lure Rachel […]

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INSTANT RACING HELPS OAKLAWN STAY TRUE TO MISSION

By Ray Paulick The old cliché about necessity being the mother of invention helps tell the story of the significant turnaround that Oaklawn Park in Hot Springs, Ark., has engineered in the last decade. In the mid-1990s, when neighboring states approved casino wagering, Oaklawn lost 40% of its handle. Charles Cella, whose family owns […]

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THE JOCKEY CLUB’S GROWING (AND PROFITABLE) FAMILY

By Ray Paulick Will a bet-processing tote division be the newest sibling in the Jockey Club’s family of companies? That’s the word I’m hearing from a variety of sources within the industry who say the not-for-profit breed registry is itching to get into the tote business with a new, for-profit subsidiary along the lines of […]

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MONDAY MORNING QUARTERBACK: A $200 MILLION CUP?

By Ray Paulick Under normal circumstances, handle on the 2008 Breeders’ Cup World Championships would blow past all previous betting records. But the economic crisis gripping the United States and many other countries is anything but normal. This year’s World Championships take place over two days at Santa Anita Park Oct. 24-25 and […]

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FREE MONEY: PAST-POST BETTING

The fourth race at Philadelphia Park June 28 was just a run-of-the-mill claiming contest until the Scientific Games totalizator system malfunctioned shortly after Magical American crossed the finish line as the winner. The top three finishers (4-2-3) were put on the board, but the problems with the tote delayed Philadelphia Park from making the race official and […]

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