A recently passed bill in the New York legislature would allow the state’s off-track betting corporations to draw from their capital funds to help pay for operating expenses.
Legendary equine cartoonist Pierre “Peb” Bellocq and Eclipse Award-winning writer Bill Heller will be honored at the Equine Advocates annual awards dinner and charity auction
Handle figures at California tracks rose in May compared with May 2014, leaving handle for the year well above last year’s figures, according to figures presented at Thursday’s California Horse Racing Board meeting by executive director Rick Baedeker.
The Breeders’ Cup has reached a licensing deal with the manufacturer of the Instant Racing gambling devices that will allow the manufacturer to use the Breeders’ Cup’s likenesses and brands, according to the companies.
The 2016 Thoroughbred racing calendar in Southern California could look similar to the last two years, or could include changes as significant as springtime meetings at Del Mar and Los Alamitos, a two-month autumn meeting at Santa Anita, or racing at Los Alamitos until Christmas Eve.
A group that represents Thoroughbred owners, breeders, and farm managers in Kentucky has joined a lobbying effort for legislation that seeks the appointment of a federal overseer for the sport’s medication policies and enforcement, the lobbying organization announced on Wednesday.
Barry Weisbord, a part-owner of the technology company Trakus and the publisher of Thoroughbred Daily News, has resigned from the board of directors of the Breeders’ Cup, citing demands on his time, according to the organization.
An affiliate of the Humane Society of the U.S. has joined with its parent organization to support a lobbying effort seeking legislation that would lead to a federally appointed overseer of racing’s medication policies and enforcement, the affiliate announced.
Alex Waldrop, the president of the National Thoroughbred Racing Association, appeared before a panel of Treasury and IRS officials on Wednesday to deliver testimony in support of proposed tax-rule changes that would benefit horseplayers.
Revenue for Betfair’s U.S. operations, including Television Games Network, increased 29 percent in fiscal year 2015, according to financial documents released by the closely held publicly traded company on Wednesday.
