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Total attendance for the April 8-29 run was 241,684–the third-highest for a spring meet ever–compared to 238,282 last spring. On-track handle increased 3% to $18,473,700 from last year’s $17,906,359 while average on-track wagering was $1,231,580 compared to $1,193,757 in 2010. All-sources handle totaled $117,225,845 compared to $107,858,516 in 2010, marking a 9% increase.

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

Gov. Cuomo blasts NYRA, TwinSpires agreement

Posted on April 30, 2011 in Uncategorized by Michael Pizzolla

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For those of you familiar with the NYRA saga, this latest statement by NY Governor Cuomo is one that may engender excessive head shaking:

From the Thoroughbred Times:

New York Gov. Andrew Cuomo has blasted New York Racing Association for contracting with Churchill Downs’ TwinSpires.com in Oregon to handle its telephone wagering business.

Cuomo, in a Thursday letter to NYRA, asked that any activity under the contract be done by New York employees.

“NYRA's decision to locate these activities and the potential jobs out of state is extremely troubling given the extraordinary investment New York state has made to maintain NYRA's viability over the years,” Cuomo said. “My top priority as governor is to create jobs in New York state,” Cuomo said. “As such, I expect you to do everything possible to ensure that these telephone wagering activities are conducted within New York state by New York state taxpayers. The Empire State Development Corporation stands ready to help you to identify options for keeping these jobs within the State. I would ask your full cooperation in this effort and look forward to a prompt response.”

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

Article: Feds May Step In on Race-Day Drug Use | BloodHorse.com

Posted on April 29, 2011 in Uncategorized by Michael Pizzolla

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From bloodhorse, the interesting news that the Feds may get involved with what has traditionally been a state regulatory issue:

Feds May Step In on Race-Day Drug Use | BloodHorse.com

http://www.bloodhorse.com/horse-racing/articles/62747/feds-may-step-in-on-race-day-drug-use

A federal bill may be filed next week that creates a three-strikes-you’re-out penalty system for anyone found guilty of racing a horse under the influence of a performance-enhancing drug.

The bill, sponsored by U.S. Sen. Tom Udall (D-N.M.) and expected co-sponsor U.S. Rep. Ed Whitfield (R-Ky), proposes to implement the tougher penalties by amending the Interstate Horseracing Act of 1978, which allows the horse racing industry to conduct offtrack and Internet wagering across state lines. The following penalties are proposed:

* first violation: a fine not less than $5,000 and a suspension not less than 180 days,

* second violation: a fine not less than $10,000 and suspension for not less than one year from all activities related to horse racing,

* third violation: a fine not less than $20,000 and a permanent ban from all activities related to horse racing.

The suspensions proposed would also apply to the horse.

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