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CDI management shrugs off Kentucky Derby ticket revenue drop, expects 'continued growth'

CDI management shrugs off Kentucky Derby ticket revenue drop, expects 'continued growth'

The Kentucky Derby will continue to “show meaningful growth” in revenue and visibility in the coming years, Churchill’s top executive said on Thursday during a conference call with analysts, despite the company acknowledging in financial statements released on Wednesday night that ticketing revenues declined in 2025.

Matt HegartyJul 23, 2025
Serpe suspended two years for clenbuterol positive

Serpe suspended two years for clenbuterol positive

Trainer Phil Serpe has been handed a two-year suspension from an arbitrator appointed by the Horseracing Integrity and Welfare Unit for a clenbuterol positive in a horse he trained that raced in New York in 2024.

Matt HegartyJul 14, 2025
Oaklawn officials head to Saratoga to recruit stables

Oaklawn officials head to Saratoga to recruit stables

Oaklawn racing secretary Pat Pope said Friday that officials with the Hot Springs, Ark., track are headed to Saratoga next week to recruit stables for the Oaklawn meet that opens in December.

Mary RampelliniJul 11, 2025
Kornacki to deliver keynote address at Round Table Conference

Kornacki to deliver keynote address at Round Table Conference

Steve Kornacki, the NBC News political correspondent and an analyst on the network’s horse racing broadcasts, will deliver a keynote address during the July 31 Round Table Conference on Matters Pertaining to Racing in Saratoga Springs, the organizer of the conference, The Jockey Club, announced on Thursday.

Matt HegartyJul 10, 2025

FTBOA waives registration fees for members

The Florida Thoroughbred Breeders and Owners Association has waived most registration fees for Florida-bred foals of 2025 for members of the association who are the breeders of record on foal papers, the organization announced on Wednesday.

Matt HegartyJul 09, 2025

HIWU suspends accreditation of Pennsylvania lab

The Horseracing Integrity and Welfare Unit has suspended the temporary accreditation of a testing laboratory in Pennsylvania and has begun diverting samples that were destined to the lab to another accredited facility in Colorado, the organization announced on Wednesday.

Matt HegartyJul 09, 2025

Bill introduced to restore full gambling loss write-off

Rep. Dina Titus, a Nevada Democrat, has introduced a bill to the House of Representatives that would erase a provision in a massive tax and spending bill passed by Congress last week that limits offsets for gambling losses.

Matt HegartyJul 08, 2025

Less races leads to decline in wager in June

Wagering on U.S. Thoroughbred races fell significantly in June compared to the same month last year, but the number of races fell at a slightly higher rate, according to figures released on Friday by Equibase.

Matt HegartyJul 04, 2025
Prominent California owner-breeder John Harris dead at 81

Prominent California owner-breeder John Harris dead at 81

John Harris, whose farm was at the pinnacle of the sport in California, died on Thursday. Harris was 81 and had been in declining health in recent years. His death was announced by the farm late Thursday morning.

Steve AndersenJul 03, 2025

House passes bill with limits on gambling-loss offsets; industry will seek change before implementation

The approval on Thursday in the U.S. House of Representatives of a massive tax and spending bill that includes a provision limiting gambling-loss offsets may not be as much of a disaster for horse racing and other gambling companies as it appears.

Matt HegartyJul 03, 2025
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