MI Developments, the parent company of Magna Entertainment Corp., announced it has cancelled a July 24 shareholder vote on a complex proposal to transfer hundreds of millions of dollars of Magna's debt to a jointly owned company.

Hollywood Park has committed to operating through the summer of 2009, and probably that entire year, track president Jack Liebau told the California Horse Racing Board on Friday during its regular monthly meeting in Pleasanton, Calif.

"We expect to be allocated our 2009 historic dates," Liebau said after the meeting. "We have committed that we will run the spring-summer meeting, no question, and the fall meeting, if we don’t give six months notice to the contrary."

The New York legislature has passed a bill that would extend a funding program for the New York Thoroughbred Horsemen's Association and require that half of the additional funds be used to test for anabolic steroids.

A Superior Court in New Jersey has ruled that the state's racing commission cannot go forward with a rule regulating the administration of anabolic steroids until it complies with provisions of the state's open-meetings law.

The ruling was issued in response to a lawsuit filed by the New Jersey Thoroughbred Horsemen's Association alleging that the commission was in violation of the open-meetings law when discussing the rule. The ruling may put in jeopardy the commission's plan to pass a rule regulating anabolic steroids this year.

A hearing held on Thursday in Washington, D.C., focusing on problems in horse racing did not include a representative sampling of the people involved in the sport who would most be affected by any wide-ranging reform of the industry, several racing officials contended on Friday.

Congressional leaders said Thursday during a hearing in Washington that a bill would be introduced this year putting in place some form of federal regulation of horse racing, including restrictions on drug use.

Tucked into the fine print of a bill that would transfer ownership of New York City Off-Track Betting Corp. to the state is a provision that will increase the takeout for all New York bettors when they wager on out-of-state simulcasts.

The takeover of New York City Off-Track Betting Corp. by the state of New York may result in sweeping recommendations to overhaul the offtrack betting system, legislative and racing officials said Monday.

LEXINGTON, Ky. - Kentucky's regulators will move deliberately toward adopting rules either banning or regulating anabolic steroids, but the effort will be tempered by a desire to put the proper rules in place, the chairman of a subcommittee formed to study the drugs said at a meeting Monday.

"The last thing we want to do is make a mistake in our recommendations," said Dr. Jim Smith, who was appointed the chairman of the steroid subcommittee of the Kentucky Equine Drug Research Council last month. "We will move as fast as we can, but we do want to protect everybody."

Officials of New York state and New York City said on Sunday night that they had worked out a deal that will enable the state to take over New York City Off-Track Betting Corp.