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KY Senate Panel Approves Expanded Gaming Bill

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KY Senate Panel Approves Expanded Gaming Bill
http://www.bloodhorse.com/horse-racing/articles/67600/ky-senate-panel-approves-expanded-gaming-bill

An amended bill that would authorize a constitutional amendment on allowing up to seven casinos in Kentucky was approved Feb. 22 by the Senate Committee on State and Local Government and will be sent to the full Senate for consideration.

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Report: Progress on Plan to Lease Monmouth

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Report: Progress on Plan to Lease Monmouth | BloodHorse.com
http://www.bloodhorse.com/horse-racing/articles/67586/report-progress-on-plan-to-lease-monmouth

The New Jersey Thoroughbred Horsemen’s Association and the New Jersey Sports and Exposition Authority have reached a preliminary deal on the lease of Monmouth Park, according to a state newspaper.

The Asbury Park Press reported Feb. 21 that meetings that day resulted in progress, according to New Jersey THA president John Forbes. The horsemen’s group picked up the ball on the lease after casino owner Morris Bailey dropped out late last year.

Republican Gov. Chris Christie already has privatized Meadowlands, and wants to do the same with Monmouth to get the state out of the horse racing business.

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Maryland Jockey Club Has New Pimlico Logo

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Clean, modern new logo for Pimlico. 

Maryland Jockey Club Has New Pimlico Logo | BloodHorse.com
http://www.bloodhorse.com/horse-racing/articles/67573/maryland-jockey-club-has-new-pimlico-logo

Pimlico Race Course, which opened Oct. 25, 1870, and is the second-oldest track in the country, has a new logo as its 2012 live racing season approaches.

The Maryland Jockey Club released the logo, which combines two elements, Feb. 21.

The first element is the cupola weather vane, one of the most iconic features at Pimlico. Since 1909, as soon as the Preakness Stakes (gr. I) has been declared official, a painter applies the colors of the victorious owner’s silks and the number of the winning horse onto the weather vane that sits atop the cupola in the Preakness winners’ circle.

The second element is a simple typography of the name Pimlico, which forms at the base of the building when both elements are combined.

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Leparoux lands Derby favorite, and a bride to be

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By all accounts, Mr. Leparoux is a top notch jockey, now moving his tack to New York. The mount on Union Rags is a feather in his cap!

Leparoux lands Derby favorite, and a bride to be – Horse Racing – MiamiHerald.com
http://www.miamiherald.com/2012/02/20/2651626/leparoux-lands-derby-favorite.html

Julien Leparoux is on a winning streak, on and off the racetrack.

Over the past 10 days, the French jockey landed the ride aboard early Kentucky Derby favorite Union Rags, revealed he’ll be racing in New York shortly and flew cross-country to win the El Camino Real Derby in California aboard Daddy Nose Best.

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Article: Betfair Plans Web Gambling on Horses in California as State Law Lifts Ban – Bloomberg

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Exchange betting would open a new dimension to US horse players. One cautionary note, though: The legislation in California authorizing exchange betting also includes a provision that allows California to raise the take, the amount the state takes out of each bet. This is not a good thing for the handicapper/investor at the racetrack.

Betfair Plans Web Gambling on Horses in California as State Law Lifts Ban – Bloomberg
http://www.bloomberg.com/news/2010-12-01/betfair-plans-web-betting-on-horses-in-california-as-online-ban-is-lifted.html

Betfair Group Plc, a British online- gambling company, is wagering that it can revitalize California’s slumping horseracing industry.

The London-based company, which has spent a decade bringing legal sports betting to the Web, set its sights on California after the state passed a bill in September allowing horse betting through online exchanges.

Betfair has opened an office in San Francisco, where it’s likely to more than quadruple its workforce next year to about 100, said Stephen Burn, the company’s global director of racing. California’s law, the first in the nation to legalize so-called exchange wagering, takes effect in May 2012.

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Churchill Gains New Partners for Derby

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Churchill Gains New Partners for Derby | BloodHorse.com
http://www.bloodhorse.com/horse-racing/articles/67471/churchill-gains-new-partners-for-derby

Churchill Downs will partner with Moët & Chandon, BLUE04, and SandRidge Energy for the Kentucky Derby Presented by Yum! Brands (gr. I) May 5. The alliance will focus on fans, celebrity attendees, and Kentucky Derby winners.

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Jerry Brown’s Horse Race

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Interesting developments in California, will be interesting to see how this shakes out. California racing is important to the industry, and the changes to the fair meets could be significant.

San Diego Reader | Jerry Brown’s Horse Race
http://www.sandiegoreader.com/news/2012/feb/15/radar-jerry-brown-horse-race/

The election isn’t until 2014, but Democratic governor Jerry Brown is already out raising money for his reelection campaign. Recent donors include beer-making giant Anheuser-Busch, with a $25,900 donation on January 28, and the California Academy of Eye Physicians & Surgeons PAC, with $17,500 on February 3. Then there is the Del Mar Thoroughbred Club, operator of the famous track here, with $5000 on January 30, and the Thoroughbred Owners of California PAC, with an address in Del Mar, which kicked in $15,000 on February 3.

What makes the timing of the latter two contributions of interest is a recently reported lobbying campaign by the cities of Del Mar and Solana Beach regarding four possible upcoming Brown appointments. As governor, Brown enjoys a big role in shaping the ultimate fate of the racing emporium, and political and horse-racing observers note that controversial plans to sell the state-owned fairgrounds, where the track is located, to the two cities have gone nowhere since Brown became governor.

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Article: Governor presents Ky. gambling proposal, sponsor – CBS News

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This could change the face of Kentucky racing…

Governor presents Ky. gambling proposal, sponsor – CBS News
http://www.cbsnews.com/8301-505245_162-57377709/governor-presents-ky-gambling-proposal-sponsor/

(AP)  FRANKFORT, Ky. — Gov. Steve Beshear presented a plan Tuesday to amend Kentucky’s Constitution to allow up to seven casinos to open in the state, most of them at horse tracks.

The proposal generated instant opposition in the Bible-belt state where betting on horse races is a long-held tradition but where casinos have been unwelcome.

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Article: A look at horse racing’s top 20 Triple Crown contenders | Horse Racing | Sports News and Vide…

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So it begins…Almost 400 3 year old colts, and the handicapping for a race almost 3 months away has begun.

A look at horse racing’s top 20 Triple Crown contenders | Horse Racing | Sports News and Vide…
http://www.star-telegram.com/2012/02/11/3728085/a-look-at-horse-racings-top-20.html

The journey to the Kentucky Derby on May 5 has begun, with 397 3-year-olds nominated to the Triple Crown, including six fillies. The nominees were foaled, or born, in 12 states (only two in Texas) and five foreign countries, and those that prove worthy in the next two months could converge on Churchill Downs from New York, California, Florida, Arkansas, Louisiana or perhaps Ireland or New Mexico. Here are the top 20 travelers on that road, ranked according to their potential for having an impact on the journey and on the famed Triple Crown series.

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Article: Slots money keeping dog, horse racing industries

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A sad sign of the times…

Slots money keeping dog, horse racing industries afloat  – Statehouse News – Charleston Daily Mail – West Virginia News and Sports –
http://www.dailymail.com/News/statehouse/201202060298

CHARLESTON, W.Va. – Gambling money, mostly from slot machines, props up the dog and horse racing industry, which likely would wither without subsidies.

The West Virginia Racing Commission is preparing to send its multi-million dollar payment next week to the state’s thoroughbred horse breeders and owners.

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