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U.S. handle rises 11.6 percent in August; race days increase 9.3 percent

Wagering on U.S. races during the month of August increased 11.6 percent compared to wagering during August of last year, according to figures released Wednesday by Equibase, but the jump was tempered by a nearly equivalent rise in race days.

Matt HegartySep 05, 2012

Stronach to form new political party in Austria

Frank Stronach, the billionaire Thoroughbred owner and breeder who owns some of the most prominent racetracks in the United States, has announced that he will form a political party in his native Austria seeking the country’s withdrawal from the euro zone.

Matt HegartySep 05, 2012

American Society for Prevention of Cruelty to Animals awards $290,000 in grants to aftercare programs

The American Society for Prevention of Cruelty to Animals will award grants totaling $290,000 to Thoroughbred aftercare programs through the ASPCA’s Million Dollar Rescuing Racers Initiative.

Glenye Cain OakfordSep 04, 2012

Kentucky governor overrides committee decision, new medication rules go into effect Sept. 4

Kentucky Gov. Steve Beshear has overridden a recent decision by a state legislative committee to strike down several new medication rules and a ban on adjunct bleeding medications and a reduction in the permissible level of the painkiller phenylbutazone will go into effect on Sept. 4

Matt HegartyAug 31, 2012

Kentucky: National industry groups criticize medication rules vote

A decision by a Kentucky legislative committee to strike down new medication rules in the state has been targeted for additional criticism by both the Racing Medication and Testing Consortium and the National Thoroughbred Racing Association.

Matt HegartyAug 30, 2012

New York State Racing and Wagering Board approves group seeking harness license

The New York State Racing and Wagering Board on Thursday approved the certificate of incorporation of a group that has said it would seek to obtain the state’s last remaining harness track license.

Matt HegartyAug 30, 2012

New Kentucky drug rules stopped by committee

Regulations set to take effect in Kentucky on Sept. 6 that would have banned all raceday medications other than furosemide and lowered the threshold level for the allowable amount of the painkiller phenylbutazone in postrace tests were struck down on Tuesday by a state legislative committee.

Matt HegartyAug 28, 2012

Illinois governor vetoes racetrack slots bill

Illinois Gov. Pat Quinn on Tuesday vetoed a bill that would have allowed the state’s racetracks to operate slot machines as part of a major casino expansion, but lawmakers have vowed to attempt to override the veto later this year or craft new legislation addressing the governor’s concerns.

Matt HegartyAug 28, 2012

Ontario: Horse racing transition panel agrees with plan to end racetrack slots program

Ontario’s minister of agriculture, food and rural affairs, Ted McMeekin, announced Friday that an interim report from the horse racing transition panel agrees with the government’s decision to end the racetrack slots programs.

Bill TallonAug 24, 2012

Nevada casinos and bet-processor avert parimutuel shutdown

Nevada’s casinos and the provider of bet-processing services for the casino’s racebooks have reached an agreement on a short-term extension of a contract, averting a potential shutdown of parimutuel betting on one of the bigger racing weekends of the year.

Matt HegartyAug 24, 2012
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