Pennsylvania’s Auditor General released a report on Wednesday claiming that the state’s Agriculture Department nearly bankrupted a fund it oversees that provides for the regulation of horseracing.
The Jockey Club has begun seeking support for a multi-million-dollar study that would assess the efficacy of the diuretic furosemide in treating bleeding in horses’ lungs when it is administered 24 hours out from a race compared with the current regulatory limit of four hours, opening up a new debate in a deeply controversial topic.
The Breeders’ Cup will announce later this month that the two-day event will be held for the first time at Keeneland Race Course in 2015, according to a report in the Louisville Courier-Journal.
The National Thoroughbred Racing Association and key members of Congress recently delivered a letter to the Department of Treasury in support of an important tax reporting and withholding clarification for horseplayers.
The Virginia Racing Commission and state government officials are engaged in a last-ditch effort to save the race meet at Colonial Downs this summer as the window to reach an agreement between the track and horsemen rapidly closes.
The Texas Racing Commission plans to seek public comment on whether to authorize the use of historical racing terminals at the state’s tracks in response to a recent request from Texas industry leaders. The pari-mutuel machines that play like slots are similar to the Instant Racing terminals in use at tracks in Arkansas and Kentucky.
Handle on the Belmont Stakes on Saturday at Belmont Park was $92.15 million, according to a revised chart released by Equibase, slightly higher than an initial estimate reported by Daily Racing Form just after the first chart was released Saturday night.
The Canadian Thoroughbred Horse Society’s Ontario division announced a five-year agreement with the Ontario Racing Commission on Tuesday that will enhance the province’s breeders’ awards program by $12 million.
Revenue for Betfair U.S., which includes Television Games Network and an on-line casino in New Jersey, was up 20 percent in fiscal year 2014, according to its parent company, with handle at TVG up 33 percent during the year.
David Switzer, the executive director for the Kentucky Thoroughbred Association and Kentucky Thoroughbred Owners and Breeders for the past 21 years, will retire on Aug. 1, the organization said, after 56 years in the Thoroughbred industry.
