thoroughbred owners of california

MAGNA PARENT WANTS TO CLOSE GOLDEN GATE FIELDS

By Ray Paulick Racing in Northern California, scrambling to recover from the loss of Bay Meadows racetrack, which was closed in 2008 for planned development, also faces the bulldozing of Golden Gate Fields, the parent company of bankrupt owner Magna Entertainment stated in a Securities and Exchange Commission filing on Tuesday. MI Developments […]

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WILL BETFAIR BECOME A PLAYER IN THE U.S.?

By Ray Paulick Are betting exchanges a possible solution to the problems facing the U.S. Thoroughbred industry, which in 2008 saw its annual pari-mutuel handle fall for the fourth time in six years, dropping over 7% to a 10-year low? The Thoroughbred Owners of California thinks they may be, having recently signed a letter […]

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ADW DISPUTE: A LINE IN THE SAND

By Ray Paulick The dispute that’s prevented out-of-state horseplayers from betting on Hollywood Park races through account wagering or advance deposit wagering (ADW) companies is about money, of course. Isn’t it always? The same issues shut down account wagering on Churchill Downs, Calder Race Course and other tracks earlier this year. No one who’s […]

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INDUSTRY ORGANIZATION POSITIONS ON SLAUGHTER

By Ray Paulick (UPDATED OCT. 10 TO REFLECT NEW POLICY FROM MAGNA ENTERTAINMENT) When the Judiciary Committee in the U.S. House of Representatives held a markup hearing on Sept. 17 to discuss H.B. 6598, the Prevention of Equine Cruelty Act of 2008 that would ban slaughter and criminalize the transportation of horses for the purpose […]

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ACCOUNT WAGERING DEAL STRUCK FOR DEL MAR

UPDATE: On Thursday morning, according to sources, TVG exercised its exclusivity and told the Thoroughbred Owners of California that it would not allow some of the other account-wagering companies to offer online betting on Del Mar. As a result, TwinSpires.com and XpressBet customers in certain states may only bet on Del Mar using their telephone, […]

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