The Kentucky Horse Racing Commission has revised a proposal to phase-out the raceday use of the anti-bleeding medication furosemide so that the phase-out would begin one year later than the previous version of the rule.

The Kentucky Horse Racing Commission on Wednesday is expected to approve a regulation that would phase out the raceday use of the anti-bleeding medication furosemide before stakes races beginning in 2013.

ETOBICOKE, Ontario – The Ontario Government announced Thursday that it will provide up to $50 million for three years of transitional funding to help the province’s racetracks cope with the loss of slot machine revenue.

The Ontario Lottery and Gaming Corporation, which oversees the slots programs at Ontario’s 17 racetracks, announced this spring that the 20 percent of slots revenue which had been split between racetracks and horsemen would be phased out on March 31, 2013.

Twinspires.com, the largest account-wagering company in the U.S., has adjusted the account balances of its customers who were affected by the incorrect takeout rate that the New York Racing Association applied to many of its superexotic wagers over a 15-month period in 2010 and 2011.

FRANKFORT, Ky. – Opponents of a proposal to phase out the raceday use of the anti-bleeding medication furosemide outnumbered supporters by a count of 17-1 during a town-hall style meeting held Tuesday by the Kentucky Horse Racing Commission.

Handle on U.S. races during the month of May slipped slightly from betting during the same month last year, according to figures distributed by Equibase on Monday.

Betting dropped 0.34 percent, from $1.163 billion last May to $1.159 billion this year, despite a record amount of betting of $133 million on the May 5 Kentucky Derby and slightly higher totals this year for the Preakness Stakes and its undercard two weeks later.

Exchange betting will not be implemented in California in 2012, and TVG and HRTV have been given the go-ahead to negotiate an agreement to televise each other’s California races in decisions reached by the board of directors of the Thoroughbred Owners of California at its monthly board meeting on Friday.

The board of the TOC, the state’s official representative of horsemen, opted not to take a vote on the approval of exchange betting for the upcoming Del Mar meeting, from July 18 to Sept. 5. The Del Mar meeting is the earliest the controversial bet could have been offered.

A New York Supreme Court judge on Friday denied a motion to prevent the New York State Racing and Wagering Board from enforcing an indefinite suspension it issued last week to harness trainer Lou Pena, according to one of Pena’s attorneys.

Supreme Court Judge Vincent Reilly of Schenectady County denied the motion until “on or before June 22,” according to Pena’s attorney, Todd Engel, in order to give lawyers for the two sides time to issue additional responses. Until that time, Pena’s suspension will remain in force.

A major gaming expansion bill that would bring slot machines to Illinois racetracks passed the Illinois Senate late Thursday. The bill, SB 1849, already had passed the Illinois House of Representatives and now goes to Gov. Pat Quinn, who always has loomed a larger impediment to its final passage than either legislative body.

The Thoroughbred Retirement Foundation has dropped its lawsuit against one of the Mellon estate executors it asserted had engaged in “a campaign of vilification” against the nation’s largest charity for former racehorses, according to a New York Law Journal report.

The legal publication reported Wednesday that the TRF filed a notice to discontinue the case against Frederick A. Terry, Jr., who also is an attorney.