Federal tax-reporting changes implemented in the fall of last year have resulted in a decline of $307 million in the amount of total winning wagers reported to the IRS in the past year, a drop of 82 percent.
Four of the seven head-to-head wagers that Breeders’ Cup will offer during its two-day event on Friday and Saturday will pit U.S.-based horses against European-based horses, according to a roster of the bets released on Wednesday.
The Michigan Gaming Control Board has awarded 26 days of live Thoroughbred racing next year to a group that plans to convert a shuttered harness track into a Thoroughbred track, the board said on Wednesday.
The Kentucky Horse Racing Commission voted narrowly after a five-hour meeting on Tuesday to delay awarding a license to one of three applicants for a harness track and casino in Oak Grove.
Larry Snyder, who ranks as one of the all-time winningest jockeys in North America, died Monday. He had been battling cancer. Snyder was 76.
TVG1, the sport's only dedicated horse racing broadcast channel available on most cable and satellite systems, will telecast races from the Churchill Downs fall meet this year for the first time in a decade, the two companies announced this weekend.
Mountaineer Park in Chester, W.Va., has suspended live racing for the next two weeks due to the diagnosis of at least one case of Legionnaire’s disease among its employees, according to officials with knowledge of the situation.
The Louisiana Racing Commission denied both a purse-transfer request for Thoroughbreds and the movement of a meet for Quarter Horses during a five-hour meeting Wednesday at Evangeline Downs.
A Kentucky circuit court judge has ruled that gambling devices in operation at four facilities in the state comply with the state’s definition of parimutuel wagering, an opinion that lifts a lingering cloud over the legality of the machines.
Joseph V. Shields Jr., a horse owner for more than three decades, died Oct. 10 in his sleep at his home in Thomasville, Ga., according to his family. He was 80.
