SARATOGA SPRINGS, N.Y. – Despite a fabulous start to the 2015 Saratoga meet, New York Racing Association officials don’t expect the good times to roll all summer long, the NYRA board said in a Wednesday meeting here.
Through the first 16 days of the meet (through Monday), all-sources handle was $260.4 million, a 19.1 percent increase over last year and 17.9 percent ahead of what NYRA budgeted for the season.
SARATOGA SPRINGS, N.Y. – Conflict over a federal bill that would install the United States Anti-Doping Agency as the overseer of U.S. racing’s drug policies spilled out into the open on Tuesday at the Saratoga Institute on Equine, Racing, and Gaming Law Conference in Saratoga Springs.
Leroy Gessmann, the president of the Iowa Horsemen’s Benevolent and Protective Association, was elected president of the National HBPA at the organization’s summer convention last weekend in Denver, according to the organization.
Gessmann owned Sure Shot Biscuit, the only Iowa-bred millionaire in U.S. history, and Miss Macy Sue, who finished third in the 2007 Breeders’ Cup Filly and Mare Sprint. He is replacing Robin Richards, who stepped down after serving a three-year term.
SARATOGA SPRINGS, N.Y. – Stuart Janney III, The Jockey Club’s vice chairman since 2010, was elected the chairman of the organization at a board meeting Saturday, filling the spot vacated by Ogden Mills “Dinny” Phipps, who announced his resignation earlier this year, effective with the Saturday meeting.
SARATOGA SPRINGS, N.Y. – Last year on Aug. 18 in an exhibit room at the National Museum of Racing and Hall of Fame in Saratoga Springs, N.Y., Travis Tygart, the chief executive of the U.S. Anti-Doping Agency, appeared before a roomful of people gathered by the Water Hay Oats Alliance to give a presentation about a possible role in Thoroughbred racing for his company, known as USADA.
Churchill Downs Inc. had net income of $55 million and record revenue of $409.2 million in the second quarter of 2015, according to financial documents released Wednesday.
Revenue was up 35 percent compared with the second quarter of last year, almost entirely due to the acquisition by Churchill late last year of the mobile-game developer Big Fish. Churchill’s racing operations, bolstered by its Kentucky Derby in May, generated revenue of $155 million, leading all of Churchill’s segments for the quarter.
The American Association of Equine Practitioners said it will support a ban on the race-day use of the anti-bleeding medication furosemide if an “alternative of equal or greater efficacy” can be identified, the AAEP said on Wednesday as part of a 10-point plan to pursue medication reform.
The American Association of Equine Practitioners said it will support a ban on the race-day use of the anti-bleeding medication furosemide if an “alternative of equal or greater efficacy” can be identified, the AAEP said on Wednesday as part of a 10-point plan to pursue medication reform.
The Massachusetts Gaming Commission tabled a vote on whether to approve three days of live racing this year at Suffolk Downs in East Boston after a group of horsemen contended that a company owned by Frank Stronach was interested in leasing the track, according to officials at the meeting.