That’s 99.5 percent drug free…excellent.
Officials Say Report Dispels Drug Criticism
http://www.bloodhorse.com/horse-racing/articles/65007/officials-say-report-dispels-drug-criticism
Racing industry officials said a report that shows 99.5% of biological samples taken from racehorses and tested by laboratories in 2010 were “clean” dispels claims that horse racing is drug-ridden
Posted via email from Michael Pizzolla On ValueCapping™, Horse Racing, And Technology
A very challenging article. The writer’s view on a talent-centric approach for racing is interesting.
Industry Voices | Time to Change the Structure, by Fred Pope | BloodHorse.com Blog Stable
http://cs.bloodhorse.com/blogs/industry-voices/archive/2011/09/11/time-to-change-the-structure-by-fred-pope.aspx
The Jockey Club Round Table
At this year’s Jockey Club Round Table, I hoped to hear the McKinsey & Company presentation say, “We discovered Thoroughbred racing is facility-centric. When you change and develop a talent-centric structure, you will have a growing, powerful sport.” That did not happen. Although they advise the NBA, NFL and other talent-centric sports, McKinsey never mentioned the benefits of racing developing the same structure. McKinsey warned that racing has not bottomed out. If nothing changes over the next 10 years, racehorse owners alone will see a 50% loss in revenue. For breeders, auction companies and support service companies, that news about horse ownership is devastating.
Posted via email from Michael Pizzolla On ValueCapping™, Horse Racing, And Technology
Horse racing needs help, new sources of revenues
http://www.app.com/article/20110911/NJOPINION02/309110016/Horse-racing-needs-help-new-sources-of-revenues
There is a path to recovery for New Jersey’s $1 billion horse racing industry —which employs 13,000 individuals and ensures the preservation of 176,000 acres of horse farmland — if Gov. Chris Christie would just get off his high horse and see the irreparable damage his tough love is reaping on the industry.
Unfortunately, horse racing is not at a crossroad; it’s at a tipping point, from which it will not recover when it falls. Horse racing needs new sources of gambling revenues — and help is on its way. This November, voters will be asked to approve my ballot initiative for sports betting at our casinos and racetracks.
Posted via email from Michael Pizzolla On ValueCapping™, Horse Racing, And Technology
Great news for ValueCappers!
Charles Town Cuts Takeout 12% on Some Wagers
http://www.bloodhorse.com/horse-racing/articles/64943/charles-town-cuts-takeout-12-on-some-wagers
Hollywood Casino at Charles Town Races took the first step toward returning more money to bettors Sept. 9 when the West Virginia Racing Commission approved a double-digit percentage decrease in pari-mutuel takeout for four wagers.
If successful, takeout reductions could be requested for other wagers, said Erich Zimny, director of racing operations at Charles Town. Officials said takeout rates never have varied since Charles Town opened in 1933.
Posted via email from Michael Pizzolla On ValueCapping™, Horse Racing, And Technology
Julie’s a great rider, super nice person, and we wish her well!
Hall of Famer Krone in fine form in Leger Legends race
http://www.thoroughbredtimes.com/racing-news/2011/09/07/krone-in-fine-form-in-leger-legends-race.aspx
Julie Krone, the most successful female jockey of all time, won the Clipper Logistics Leger Legends Stakes aboard Invincible Hero on Wednesday at Doncaster.
The four-year-old gelding seized command under Krone with about a quarter-mile remaining and powered to a 3 1/2-length victory, completing one mile on turf rated as good in 1:42.23.
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Rain, Floods Cause Penn National to Cancel
http://www.bloodhorse.com/horse-racing/articles/64913/rain-floods-cause-penn-national-to-cancel
Heavy rains and local street flooding have caused the cancellation of live racing at Hollywood Casino at Penn National Race Course Wednesday, Sept. 7.
Penn National is expected to resume live racing again on Sept. 8 with a nine-race program.
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Del Mar handle, attendance take slight dip for 2011
http://www.thoroughbredtimes.com/national-news/2011/09/08/del-mar-handle-attendance-take-slight-dip-for-2011.aspx
Joe Harper, chief executive officer and president of the Del Mar Thoroughbred Club, expressed satisfaction minutes after the 72nd meeting at the San Diego County coastal track concluded on Wednesday.
“As meetings go, and this was my 36th, this was a pretty smooth one,” Harper said after the 37-day session ended with a 4.2% decline in total handle and a fractional dip in attendance.
Posted via email from Michael Pizzolla On ValueCapping™, Horse Racing, And Technology
Bottom line is that TOTAL handle was down by 4.6% compared to last year.
Saratoga On-Track Handle Up; All-Source Dips
http://www.bloodhorse.com/horse-racing/articles/64894/saratoga-on-track-handle-up-all-source-dips
On-track wagering posted a strong gain over 2010 as the 143rd race meet at Saratoga Race Course wrapped up Sept. 5, though all-sources handle dipped over the course of the 39-day stand, according to statistics provided by the New York Racing Association.
Posted via email from Michael Pizzolla On ValueCapping™, Horse Racing, And Technology
Well done, Del Mar.
Del Mar adding $1 million in retroactive payments to record 2011 purses
http://www.paulickreport.com/index.php/news/the-biz/del-mar-adding-1-million-in-retroactive-payments-to-record-2011-purses/
Del Mar Thoroughbred Club will pay its horsemen a record under-payment amount in excess of $1-million following the conclusion of its 37-day race meeting on Wednesday.
The payment, which will see owners receive at least an additional 8% on top of their overnight purse earnings during the seven-week session, was realized because of record purses, good field size and solid wagering numbers during the track’s 72nd season.
Posted via email from Michael Pizzolla On ValueCapping™, Horse Racing, And Technology
You can’t make this stuff up!
No cash
http://msn.foxsports.com/horseracing/story/Turf-Paradise-burglar-falls-through-ceiling-090511
A woman who claimed to be five months pregnant was arrested Sunday after being caught trying to break into a Phoenix horse racing track through the ceiling.
The woman had two accomplices with her, but it was decided she would be the best candidate to crawl into the attic and down through the ceiling to get to the money room at the track, police told myFOXphoenix.com. The woman was crawling along the beams between the ceiling tiles, before the business opened Sunday, when an employee heard a loud crash.
Posted via email from Michael Pizzolla On ValueCapping™, Horse Racing, And Technology
