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Article: Charles Town Sets Monthly Handle Record

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Fantastic news from West Virginia!

Charles Town Sets Monthly Handle Record
http://www.bloodhorse.com/horse-racing/articles/68600/charles-town-sets-monthly-handle-record

Hollywood Casino at Charles Town Races April 2 reported a record monthly all-sources pari-mutuel handle of $29,426,572 in March, while sister track Hollywood Casino at Penn National Race Course also reported wagering gains for the month.

Charles Town in West Virginia topped the former one-month handle record of $26,558,179 by 10.8%. In addition, the March 2012 average daily handle of $1,279,416 for live racing was up 6.1% from the previous record of $1,205,474.

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Article: 109-1 Hero of Order Wins Louisiana Derby | BloodHorse.com

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The Black Magic software did put this horse in the group above random (think contenders), the race was a very contentious one…

109-1 Hero of Order Wins Louisiana Derby | BloodHorse.com
http://www.bloodhorse.com/horse-racing/articles/68589/no-fooling-109-1-shot-wins-louisiana-derby

No fooling, 109-1 shot Hero of Order won the $1 million Louisiana Derby (gr. II) April 1 at Fair Grounds Race Course & Slots ().

Favored Mark Valeski had every opportunity to win but could not close the deal in deep stretch, allowing lightly regarded Hero of Order to prevail by a half-length with Eddie Martin Jr. aboard for the first time on closing day of the 2011-12 season at the New Orleans track. Hero of Order paid an eye-popping $220.80, $79.80, and $25.40 across the board. It was a record win payoff for the Louisiana Derby.

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Article: New York Set to Enact New Claiming Rule | BloodHorse.com

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New York Set to Enact New Claiming Rule | BloodHorse.com
http://www.bloodhorse.com/horse-racing/articles/68525/new-york-set-to-enact-new-claiming-rule

In response to recent equine deaths at Aqueduct Racetrack, regulators in New York are poised to adopt a rule voiding claiming race sales of horses that die during a claiming event or are euthanized on-track after a race.

The New York State Racing and Wagering Board will be holding an emergency meeting April 2 to consider, and almost certainly, adopt the new, 22-word addition to the state’s racing regulations.

The rule change simply notes that “a claim shall be void for any horse that dies during a race or is euthanized on the track following a race.’’

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Article: Fractional Bets, Decimal Odds at Keeneland

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This could be fun and interesting!

Fractional Bets, Decimal Odds at Keeneland
http://www.bloodhorse.com/horse-racing/articles/68489/fractional-bets-decimal-odds-at-keeneland

Keeneland officials said the Lexington racetrack will be the first in the country to introduce “fractional wagering” and a decimal odds display when the spring meet begins April 6.

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Tim Tebow name stretches into horse racing News | FOX Sports on MSN

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Oh, Lordie!

Tim Tebow name stretches into horse racing News | FOX Sports on MSN
http://msn.foxsports.com/horseracing/story/Tim-Tebow-name-stretches-into-horse-racing-032712

Tebow’s a horse, too.

Of course.

In fact, there are at least six thoroughbreds listed by The Jockey Club carrying the Tebow name.

They’re all named for Tim Tebow, the New York Jets’ new backup quarterback who last season led Denver to the playoffs with an incredible string of comeback victories but was traded away after the Broncos signed free agent Peyton Manning.

Out there on a farm, at a training center or on a racetrack, there’s Tebow Go, Tebow Gator, Tebow Time, Tebows Big Play, and naturally, Tebowing and Tebowmania.

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

Article: Thoroughbred racing under fire after investigative reports, cancellation of ‘Luck’

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Beyer right on the money.  The NYT hit piece focused on quarter horses. They are, literally, a different breed

Thoroughbred racing under fire after investigative reports, cancellation of ‘Luck’
http://www.washingtonpost.com/sports/thoroughbred-racing-under-fire-after-investigative-reports-cancellation-of-luck/2012/03/26/gIQAT8eRcS_story.html


Deaths of racehorses are always shocking and they have always been an inescapable part of the game. Unlike human athletes who suffer serious injuries and can be rehabilitated, horses usually have to be euthanized. But the issue became more emotionally charged than ever after Eight Belles broke down in the 2008 Kentucky Derby. People for the Ethical Treatment of Animals (PETA) turned her death into an indictment of horse racing, blamed her jockey for whipping the filly and called for the rider’s suspension. PETA knows how to make headlines, and it made the deaths during the filming of “Luck” a cause celebre.

The handling of horses in “Luck” had been supervised by the American Humane Association since filming began in 2010. The most recent of the three fatalities had been the result of a freak accident — not gross negligence on anybody’s part. A mare being walked on a dirt path reared up, fell backward, struck her head and died. But this mishap gave PETA the opening to launch a media blitz (saying that the series employed “old, unfit, drugged horses”) and advocate that the Los Angeles district attorney launch a criminal probe into the horses’ deaths. HBO promptly ran up the white flag. Days later, Ray Paulick, editor of the online Paulick Report, published a detailed analysis of the PETA claims and debunked most of them. But by then, he wrote, “The lies had been repeated so often that people believed them.” David Milch, the creator of “Luck,” told an interviewer: “The distortion that took place in order to make those accusations was . . . beyond irresponsibility.”

Coming so soon after the much-publicized “Luck” cancellation, the New York Times article made a stunning impact. People who might question PETA’s claims would surely not question the Times. Yet even though the paper’s investigation was exhaustive, its report was dishonest in one crucial respect.

The Times focused on racing in New Mexico, but readers undoubtedly assumed that the horrendous breakdowns and injuries to jockeys in that state were mirrored in New York, home of the country’s top thoroughbred racing.

However, almost all of the New Mexico horror stories cited by the Times occurred in quarter-horse racing — a different sport, with a different breed, a different style of training and a different ethic. If thoroughbred racing is supposedly the Sport of Kings, quarter-horse racing is the anything-goes sport of cowboys. According to the Times’s own statistics, the seven U.S. tracks with the highest percentage of breakdowns or signs of injury were all ones that offer quarter-horse racing — five of them in New Mexico, where supervision was notoriously lax. Yet the Times never drew a distinction between the two sports and did not even mention the phrase “quarter horse” until the 48th paragraph of its report. Subtract the quarter-horse component from the study and the Times might not have a carnage-laden front page story.

Drugs have been a crucial part of the sport since the 1970s, when the United States became the first major racing nation to allow the use of medications on race day. Horsemen argue that thoroughbreds need drugs such as Butazolidin to withstand the stresses of modern racing, and for decades they have resisted most proposals to curtail the use of medications.

But racing may now have reached a critical point. The sport’s fatality rate is being subjected to unprecedented scrutiny. PETA is a formidable and sometimes ruthless adversary. While people in racing may complain that critics distort the facts, the industry doesn’t have a good answer when those critics say that the misuse of drugs is responsible for killing racehorses. Until racing has a proper response to this charge, it will remain under attack.

For Andrew Beyer’s previous columns go to washingtonpost.com/beyer.

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Article: What’s Going On Here: Game-Changers

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Good article about the racing industry’s response to the New York Times hit piece

What’s Going On Here: Game-Changers
http://cs.bloodhorse.com/blogs/wgoh/archive/2012/03/27/game-changers-by-eric-mitchell.aspx

Nearly every survey conducted over the past decade by or for the Thoroughbred industry elicited comments about the need for a national racing office. The consensus opinion is that racing cannot grow without a central office coordinating marketing and promotional efforts. This same national commission, if ever formed, would also improve racing’s reputation by shepherding standardized medication use policies, testing, and enforcement.

Three months ago The Blood-Horse began looking into the feasibility of ever creating such an organization. Pennsylvania freelance writer Evan Pattak tackled the existing legal obstacles with creating a national office, while news editor Tom LaMarra looked at the history of past attempts. The package of stories on the following pages paints a definitive picture of how realistic a national office is and where the industry going forward needs to focus its energies. It even provides a glimpse into proposed changes that may make a real difference.

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New York Budget Calls For Gaming Commission

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For starters, I would suggest the basics: don’t overcharge the lifeblood of the racing industry, the bettors.  I would think that simple software, not a regulatory agency could have avoided the recent fiasco in which bettors on New York horse races were overcharged millions of dollars.

New York Budget Calls For Gaming Commission
http://www.bloodhorse.com/horse-racing/articles/68377/new-york-budget-calls-for-gaming-commission

State legislators have tentatively agreed to create a New York Gaming Commission to oversee all aspects of gambling in New York, including horse racing, lotteries and Indian-run and racetrack-based casinos.

The new commission would consolidate various functions now overseen by the state Racing and Wagering Board and the Division of the Lottery. The commission’s seven-member board would, after an initial start-up period for the panel, serve for no less than five years, and have to have certain financial and background experience in regulatory oversight or management in the gambling or racing industries, though strict revolving door provisions would be established for board members.

(via Instapaper)

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NYRA Complying With Refunds on Overcharges | BloodHorse.com

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Outrageous!  

NYRA Complying With Refunds on Overcharges | BloodHorse.com
http://www.bloodhorse.com/horse-racing/articles/68316/nyra-complying-with-refunds-on-overcharges

The New York Racing Association said it is meeting a state request to refund money by March 30 to as many bettors it could identify that were overcharged when NYRA failed to follow a state law to lower its pari-mutuel takeout rate on exotic wagers…

In all, about $8 million was overcharged. The vast majority of the takeout overcharges, which were on wagers on NYRA races by non-rewards account members at other racetracks or through advance deposit wagering operators, will never get refunded. To try to make amends, NYRA reduced the takeout rate on exotic wagers to 24% from the legally permitted 25%.

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Article: Horse racing fades in Kentucky; supporters envy other states where casinos supplement tracks – The Washington Post

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Horse racing fades in Kentucky; supporters envy other states where casinos supplement tracks – The Washington Post
http://www.washingtonpost.com/national/horse-racing-fades-in-kentucky-supporters-envy-other-states-where-casinos-supplement-tracks/2012/03/23/gIQA0m5PWS_story.html

While tracks in other states have parlayed casino gambling into higher purses, Kentucky lawmakers have resisted allowing such a move. Everyone from breeders to railbirds worries that it will eventually render the home of American horse racing an also-ran.

Even storied Churchill Downs, home of the Kentucky Derby, has felt the pressure.

The Louisville track offers a few nights of live racing, drawing three times the typical race day crowds. It has reduced racing days in its spring meet in a gambit to keep purses competitive with tracks where casino operations boost racing prizes. Between 2000 and 2008, the famed track had at least 52 racing days in the spring session; this year it will have 39. But Churchill still struggles to fill some race cards with big fields that attract more betting, track president Kevin Flanery said recently.

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