Monthly Archives: December 2010

Bill Finley Calls Increased Takeout: Disaster At Santa Anita

Bill Finley just was awarded the Eclipse Award for thoroughbred writing, and he's hit the nail on the head with this analysis. Enough is enough! From his article at espn.com:

When Santa Anita opened Sunday, the numbers were not pretty. They bet $11,707,276 on the first day of the 2010-2011 meet, a 21.5 percent decline from [...]

Horse Racing Losing Patrons To Casinos

A VERY sobering article on the realities of the 'Racino' and how the racing part of the equation is not keeping up with the casino end of the business. I suppose that with so much info on racing and so many potential races to bet it is much more overwhelming and confusing that just shoving [...]

Free Video Streaming Of Charlestown Races Begins December 23rd

Hollywood Casino at Charles Town Races will offer free live video streaming of its races online beginning with the Dec. 23 program that gets under way at 7:15 p.m. EST.
Race replays also will be available free of charge online, officials said. The replay archive will offer all races held at the track the past two [...]

Preakness 2011 Back On Schedule For The Time Being

Preakness back on schedule. For now…

From the gazette.net, a Maryland business community website: 

It was a picture of harmony at Laurel Park that said it all: officials of the Maryland Jockey Club, Maryland Thoroughbred Horsemen's Association and Maryland Horse Breeders' Association sitting together before the Maryland Racing Commission, as the commission approved a deal to save [...]

New (Old) Santa Anita Dirt Surface Survives Latest Storm

It's been raining like heck here in Vegas, and we just got a respite today. The whole West Coast has been pounded by storms. Santa Anita's new/old dirt surface has done quite well in spite of the rain. Maybe this 'horses running on dirt for thousands of years' thing has some merit!

From bloodhorse.com: Despite being [...]

No Preakness In 2011?

This would be unspeakably bad for thoroughbred racing. From bloodhorse.com: 
There still is no live racing schedule for 2011 in Maryland after a Dec. 21 meeting of the Maryland Racing Commission.
The commission met for four hours to discuss the situation even though an official application for 2011 racing dates wasn't on the agenda. Officials said no [...]

Thoroughbred Times Reports Hollywood Handle Down 4.3 percent

What concerns me is that the decision makers in California, faced with falling handle, have decided to INCREASE the takeout on certain bets. This makes absolutely no sense. And what's worse, they then attempted to spin it as being better for the bettor. Humbug, I say. Here's what the Thoroughbred Times reported today: 

The autumn Hollywood [...]

From AP: Wagering at Remington Park rises 48.3 percent

Hello! Thoroughbred Race Tracks! How about modeling what Remington Park is doing to increase handle? Big fields, good purses, wide open races, I may be speculating here but as an investor, these are the things that attract me to RP. Well done, Mr. Wells, well done
From the Associated Press:
OKLAHOMA CITY (AP) — [...]

NJ Approves Exchange and Internet Wagering

The New Jersey Assembly Dec. 13 passed a bill to authorize exchange wagering on results of in-state and out-of-state horse races. It also would allow Internet wagering by out-of-state residents on horse racing.
A big hooray to New Jersey and Governor Christie. Hopefully other racing jurisdictions will follow!
From today's bloodhorse.com and Philadelphia Inquirer:
Exchange wagering is [...]

Biting The Hand…Some harsh comments from vice chair of CHRB

From Bill Christie: 

The maligned speaker makes some valid points, but perhaps tweaked a few noses while doing so:

You have to be prepared at all times for what might happen in the desert. Field Marshal Rommel and Lawrence of Arabia knew this, in spades. But anything can still happen–in "Road to Morocco," Dorothy Lamour even fell [...]