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Erie Casino cutting back horse racing

Posted on December 6, 2012 in Uncategorized by Michael Pizzolla Comments are off
Erie Casino cutting back horse racing
http://www.casinocitytimes.com/news/article/erie-casino-cutting-back-horse-racing-203523

  ERIE, Pennsylvania — Presque Isle Downs & Casino is slashing its horse racing on Friday and Saturday nights come 2013, Go Erie reported.Racing will restart on Sunday to Thursday instead, the report said.The Pennsylvania State Horse Racing Commission will have to approve this change before it goes ahead, according to Go Erie.

The change is proposed in order to boost competitiveness and profit, the report noted.  

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Gulfstream Casino: Why No One Cares About Horse Racing Anymore (It’s Boring …

Posted on November 27, 2012 in Uncategorized by Michael Pizzolla Comments are off

This is a very pessimistic view of thoroughbred horse racing. I often wonder what can be done to change this perception

Gulfstream Casino: Why No One Cares About Horse Racing Anymore (It’s Boring …
http://blogs.browardpalmbeach.com/pulp/2012/11/horse_racing_dying_gulfstream.php

horse racing.jpg
theage.com.au
Yep, we’re all f**ked.

On Saturday, something seemingly wrought from a time forgotten will emerge and rumble down the track at Gulfstream Casino to the delight of almost no one.

Today, we bear witness to the fetid remains of a once-proud sport: horseracing. Yes, the sport will ultimately limp on, but it will do so within the confines of nostalgia — like newspapers. And yes, there’s nearly $1 million up for grabs on December 1 at our local Claiming Crown race, but forgive us if that doesn’t elicit great enthusiasm.

That’s because watching horseracing is boring.

Yes, boring.

There’s no other way to break this down. If we’re to watch sports — and we do, reader, we do — we like to like to watch something that offers escape from the tedium of existence, not intensifies it. Which means: We don’t like waiting through hours of vapid commentary by random schmucks for a race that takes exactly one to three minutes. Snnnnoooozeee.

Posted via email from Michael Pizzolla On ValueCapping™, Horse Racing, And Technology

Timeline for NYRA Tote Operator Delayed

Posted on November 27, 2012 in Uncategorized by Michael Pizzolla Comments are off

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Timeline for NYRA Tote Operator Delayed
http://www.bloodhorse.com/horse-racing/articles/74737/timeline-for-nyra-tote-operator-delayed

Timeline for NYRA Tote Operator Delayed

Photo:

A move to name a new tote operator at the New York Racing Association was put off until at least the end of next summer’s Saratoga meet, a state government oversight panel decided in Albany Nov. 26.

The Franchise Oversight Board, which is now overseeing the finances of what last month became a state-run racing entity with the appointment of a new government-dominated NYRA board, approved a resolution to keep United Tote as NYRA’s totalizator contractor. The oversight panel a month ago approved a 30-day extension for United Tote while state officials studied the new proposed contract.

Posted via email from Michael Pizzolla On ValueCapping™, Horse Racing, And Technology

Another problem for horse racing: fewer foals

Posted on November 26, 2012 in Uncategorized by Michael Pizzolla Comments are off

Another problem for horse racing: fewer foals
http://www.dailyherald.com/article/20121126/news/711269941/

SPRINGFIELD — As gamblers place fewer bets at Arlington Park and prize money drops for winning horses, the effects are felt far from the track.

The number of thoroughbred horses born in Illinois has been dropping steadily, to 429 this year from 1,009 in 2006, according to the Illinois Department of Agriculture.

“There’s no future in it in this state at this point,” said Frank Kirby, an Oak Brook breeder.

With fewer horses, industry experts say, come lost jobs for trainers and groomers, a smaller demand for hay and other economic effects that are felt across the state.

That’s one of the arguments driving the push to allow tracks like Arlington Park to install slot machines to bring in more revenue. Lawmakers returning to Springfield this week could try yet again to make that happen.

Posted via email from Michael Pizzolla On ValueCapping™, Horse Racing, And Technology

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Total Handle Up, Attendance Down at Belmont

Posted on November 25, 2012 in Uncategorized by Michael Pizzolla Comments are off
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Total Handle Up, Attendance Down at Belmont
http://www.bloodhorse.com/horse-racing/articles/74665/total-handle-up-attendance-down-at-belmont

Total Handle Up, Attendance Down at Belmont

Photo: Coglianese Photos

The New York Racing Association posted an 11.5% gain in total handle during the recently concluded Belmont Park fall meet, which ran 36 days from Sept. 8 to Oct. 28.

NYRA’s total handle during the fall meet was $335.2 million in 2012 versus $300.6 million in 2011, which was also 36 days long. All-sources handle on NYRA races was $299.1 million, up 13.7% from $263 million in 2011. On-track handle on NYRA races alone was $42.5 million, up 2% from $41.7 million in 2011.

Posted via email from Michael Pizzolla On ValueCapping™, Horse Racing, And Technology

Calder Announces 20% Purse Increase

Posted on November 23, 2012 in Uncategorized by Michael Pizzolla Comments are off
Calder Announces 20% Purse Increase

Calder Announces 20% Purse Increase
http://www.bloodhorse.com/horse-racing/articles/74642/calder-announces-20-purse-increase

Officials at Calder Casino & Race Course announced a 20% purse increase Nov. 22, a hike set to begin with the Nov. 24 racing program. 

The increase is applied evenly to all overnight races during the remaining five days of the Tropical Meet in Miami Gardens, Fl., which concludes Friday, Nov. 30.  

Posted via email from Michael Pizzolla On ValueCapping™, Horse Racing, And Technology

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Tulsa County officials defend decision to end Fair Meadows live horse racing

Posted on November 21, 2012 in Uncategorized by Michael Pizzolla Comments are off

A sad day for Oklahoma racing. 

Tulsa County officials defend decision to end Fair Meadows live horse racing
http://www.tulsaworld.com/news/article.aspx?subjectid=11&articleid=20121121_16_A12_ULNSbf167789

“This was a business decision by the (fair board), and while we know there will be some impact to the horse industry, it is not in the best interest of Tulsa County citizens to continue live racing at Fair Meadows,” County Commissioner and fair board Chairman Fred Perry said in a news release.

The fair board on Nov. 1 approved a naming rights agreement with the Muscogee (Creek) Nation that will pay the county’s Expo Square $1.4 million a year.

As part of the agreement, the fair board agreed to end live racing at Fair Meadows – a decision that will take millions of dollars in purse money from racetracks across the state.

Posted via email from Michael Pizzolla On ValueCapping™, Horse Racing, And Technology

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Churchill Accelerates Dividend Payment

Posted on November 21, 2012 in Uncategorized by Michael Pizzolla Comments are off
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A sign of the times…

Churchill Accelerates Dividend Payment
http://www.bloodhorse.com/horse-racing/articles/74610/churchill-accelerates-dividend-payment

Churchill Downs is among the growing number of publicly traded companies that have accelerated payment of dividends to get ahead of probable increased tax rates next year.

Posted via email from Michael Pizzolla On ValueCapping™, Horse Racing, And Technology

Fair Grounds opens with salty renewal of Thanksgiving ‘Cap

Posted on November 20, 2012 in Uncategorized by Michael Pizzolla Comments are off

Fair Grounds opens with salty renewal of Thanksgiving ‘Cap
http://www.bloodhorse.com/horse-racing/articles/74565/fair-grounds-opens-with-salty-renewal-of-thanksgiving-cap

Fair Grounds will once again renew a beloved New Orleans tradition dating back to 1898 when the 141st Thoroughbred racing season opens on Thanksgiving Day. First post for Thursday’s 10-race holiday program is 11 a.m. (CST).

Fair Grounds is generally accepted to be the third-oldest racetrack in the country, although many accounts, including a heavily researched 2006 feature in The Times-Picayune by Bob Fortus, contend that Fair Grounds could be at least the second-oldest, if not the oldest.

Posted via email from Michael Pizzolla On ValueCapping™, Horse Racing, And Technology

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Fair Grounds Set to Open 141st Thoroughbred Season Thanksgiving Day

Posted on November 13, 2012 in Uncategorized by Michael Pizzolla Comments are off

Fair Grounds Set to Open 141st Thoroughbred Season Thanksgiving Day
http://www.sportsnola.com/sports/horse-racing/589710-fair-grounds-set-to-open-141st-thoroughbred-season-thanksgiving-day.html

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NEW ORLEANS – Fair Grounds Race Course & Slots will once again renew a beloved New Orleans tradition dating back to 1898 when the 141st Thoroughbred Racing Season opens on Thanksgiving Day, Nov. 22. First post (the first race of the day) for the 10-race holiday program is 11 a.m. CST.

Fair Grounds is generally accepted to be the third-oldest racetrack in the country, although many accounts, including a heavily researched 2006 feature in The Times-Picayune by Bob Fortus, contend that Fair Grounds could be at least the second-oldest, if not the oldest. 

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