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Jamgotchian lawsuit challenges Kentucky claiming rule

A California-based horse owner on Wednesday filed a lawsuit against the Kentucky Horse Racing Commission asking a Kentucky court to strike down a rule that restricts claimed horses to running at the track at which the horse was claimed until the track’s meet is over.

Matt HegartyJul 13, 2011

Breeders' Cup: Six seek seat on board

Six candidates are seeking three open seats on the Breeders’ Cup’s board of directors, the Breeders’ Cup announced on Thursday, when voting for the candidates opened.

Matt HegartyJul 07, 2011

June wagering, race days decline

Wagering on U.S. Thoroughbred races continued to decline in June as racetracks slashed race dates to cope with a shrinking supply of horses.

Matt HegartyJul 06, 2011

NYRA: Handel to resign as chief operating officer

The New York Racing Association announced Thursday that Hal Handel, chief operating officer, would resign his posittion and leave the company at the end of the Saratoga race meeting.

DRF StaffJun 29, 2011

Stronach sells $850 million worth of stock ahead of takeover of MI Developments racing assets

Frank Stronach, who is set to take over the racing and gambling assets owned by MI Developments on Thursday, has sold approximately $850 million of stock in the auto-parts company he founded since December, according to regulatory filings.

Matt HegartyJun 28, 2011

Twinspires, XpressBet see betting declines for first quarter

Handle through two of the three leading national account-wagering platforms in the United States declined in the first quarter of 2011 compared with the first quarter of 2010, according to figures from the platform operators and regulators in Oregon, where the platforms have betting hubs. The decline signals a contraction in the account-wagering market for perhaps the first time.

Matt HegartyJun 20, 2011

Heiligbrodts to disperse stock

Corinne and Bill Heiligbrodt, among the nation’s leading owners with more than $21 million in purse earnings since 2005, will disperse their bloodstock and take a hiatus from Thoroughbred ownership, among the nation’s leading owners with more than $21 million in purse earnings since 2005, will disperse their bloodstock and take a hiatus from Thoroughbred ownership

Glenye Cain OakfordJun 17, 2011
Breeders' Cup names Fravel as chief executive

Breeders' Cup names Fravel as chief executive

Craig Fravel, president and general manager of the Del Mar Thoroughbred Club, has been named president and chief executive officer of the Breeders’ Cup, replacing Greg Avioli, who resigned in March to work for Frank Stronach's new racing company.

Matt HegartyJun 17, 2011

Ohio racetracks can apply for slot-machine licenses under new deal

The owners of Ohio’s seven racetracks will be allowed to apply for licenses to operate slot machines under a plan offered by Gov. John Kasich on Wednesday.

Matt HegartyJun 15, 2011

Belmont Stakes card produces 9 percent gain in handle for NYRA

Total all-sources wagering on the 13-race card at Belmont Park on Saturday was $81,245,326, a 9 percent increase over the all-sources figure for the Belmont Stakes day card last year, according to the New York Racing Association.

Matt HegartyJun 12, 2011
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