Churchill Downs Inc. had net income of $1.1 million in the first quarter of 2013, down from net income of $1.4 million in the first quarter of 2012, on record revenues of $148.1 million, according to financial statements released by the company late Wednesday.
The Jockey Club and Thoroughbred Owners and Breeders Association have relaunched an advocacy website with several new features, including a state-by-state look at current medication rules and the status of efforts to align regulations among states.
The Jockeys’ Guild and the account-wagering company XpressBet have reached a marketing agreement that will allow XpressBet to offer its customers jockey-related merchandise and opportunities to meet with top riders, the two organizations announced Tuesday.
Betfair, the British exchange-wagering company that owns TVG in the United States, has rejected a preliminary takeover bid made by a venture-capital firm, the company announced Monday.
Eric Wing on Friday was named as the New York Racing Association’s director of communications and media relations, replacing Dan Silver, who left the company last fall.
Joe Morris, the current general manager of Golden Gate Fields, has been hired as president of the Thoroughbred Owners of California, according to a joint statement released on Wednesday by the TOC and The Stronach Group, the parent company of Golden Gate Fields.
A private equity group said Monday it has had discussions with Betfair regarding the possibility of taking the pioneering British exchange-wagering company private.
While the search for a new president and CEO for the New York Racing Association continues judiciously, the breadth of the job was illustrated by myriad topics discussed at Thursday’s meeting of the company’s Reorganization Board.
Tom Ludt, the president of Vinery Farms and the chairman of Breeders’ Cup Ltd., has been hired by the Stronach Group as a senior vice president and will focus on the company’s relationships with horsemen and bettors, Ludt said Thursday.
The filly Overreach confirmed her status as Australia’s top 2-year-old with her victory in Saturday’s $3.640 million Golden Slipper Stakes, the world’s richest race for 2-year-olds, at Rosehill Gardens racecourse.
