Penn National Gaming Inc., the owner of 26 casinos and racetracks across the U.S. and Canada, took a $316.5 million impairment charge in the fourth quarter of 2014, leading to a $233.2 million loss for the year, according to financial statements released on Thursday.
The Illinois Racing Board, a body in transition as new Illinois Governor Bruce Rauner sets up his administration, certified recapture for racetracks in 2015, which is likely to result in significantly lower purses for the Arlington meet.
Harold Snyder, the founder of International Sound Corporation, died on Monday at age 91 at his home in Baltimore.
The New York Gaming Commission has completed an investigation into allegations made by People for the Ethical Treatment of Animals against the trainer Steve Asmussen, officials of the commission said on Monday, with a report on the probe expected soon.
A memorial service for noted equine veterinarian Dr. Jack Robbins, who died in late November at age 93, will be held on Tuesday at Del Mar racetrack from 2 to 5 p.m. Pacific.
Publicist Mike Gathagan will be leaving the Maryland Jockey Club as of Feb. 2 to accept a position with the Maryland Catholic Conference.
Officials of the New York Thoroughbred Horsemen’s Association and its president-elect have filed responses to an appeal lodged by Terry Finley into the conduct of the association’s latest election for president, arguing that Finley’s claims are without merit.
New York Gov. Andrew Cuomo intends to extend the state’s control over the New York Racing Association for another year, according to a briefing book released on Wednesday that lists the governor’s priorities for the state’s budget.
Bryan Pettigrew, the head of the National Thoroughbred Racing Association’s group-purchasing program for the past three years, has been hired as the senior vice president for marketing and sponsorship at the Breeders’ Cup, the companies said Tuesday.
The progress made in the five years since the founding of the Safety and Integrity Alliance of the National Thoroughbred Racing Association was spotlighted Tuesday morning during the second day of meetings at the Jockeys’ Guild annual members’ assembly at the Diplomat Resort here.
