Frank Stronach, the chairman of MI Developments, told the Baltimore Sun on Monday that the company’s Laurel Park in Maryland will not close in 2011, in contradiction to what track officials said last week.
Wagering on the 14 races of the Breeders’ Cup held at Churchill Downs in Louisville on Friday and Saturday jumped 15.5 percent compared with the betting totals for the 14 races last year and established a record for the event, according to figures provided by the organization on Monday.
The television rating of the final hour of the Saturday ESPN-TV telecast of the Breeders’ Cup this year was nearly triple that of the television rating last year, according to figures provided by ESPN on Monday.
Race days in the United States plummeted for the second straight month in October when compared with October of last year, a decline that sent handle and purse figures south as well, according to figures released on Thursday by Equibase.
Three new members have been elected to the 27-seat Senate of the Jockeys’ Guild, the organization announced on Thursday.
Churchill Downs Inc. lost $689,000 in the third quarter of 2010, or four cents a share, according to financial statements released by the company on Wednesday afternoon, an improvement over last year's loss in the third quarter of $2.3 million.
Voters in Anne Arundel County in Maryland on Tuesday rejected a measure that would have overturned zoning approvals for a casino at a mall near Laurel Park, according to Maryland news reports. The vote clears the way for the development of a billion-dollar casino complex at Arundel Mills Mall. Opponents of the mall had included Laurel’s owner, MI Developments.
Voters in Anne Arundel County in Maryland will go to the polls on Tuesday to decide whether to overturn zoning approvals for a casino at a mall near Laurel Park.
Stan James PLC, an Internet betting operator based in Gibraltar, has bought a majority share in racing2day.com, a small U.S. account-wagering operator, the two parties announced on Monday.
New York Gov. David Paterson has called for a special session on Nov. 15 for legislators to vote on statutory changes that are part of a reorganization plan for New York City Off-Track Betting Corporation, but a top legislator has said that many of the proposed changes cannot be supported.
