jnchapel + horseracing   2249

Monmouth Park racing not 'cannibalized' on first weekend
"For the weekend, on-track handle for the two days was up 18 percent, while attendance jumped 21 percent, which equates to more money spent on concessions. 'I attribute the numbers to two things,' Drazin said. 'I think the bundled stakes program (on Sunday) is well received by the public, and I think sports betting really brought a lot more people in and they were the kind of people wo were wager on racing, too. Frankly, it's not even football season. There's not even that much going on. There's World Cup, there's baseball and there are futures, but this is probably a fraction of what we will see in football season' ... the question now is how much money the track made on sports betting."

Also see 'crunk thread: https://twitter.com/o_crunk/status/1008696521536212992
horseracing  sports-betting  new-jersey  monmouth-park 
14 hours ago by jnchapel
Justify parades beneath twin spires
"Fans packed three-to-four-deep around the Churchill Downs paddock between the second and third races under the beating sun of a 95-degree day in Louisville, Kentucky. The group showed enthusiasm in anticipation for Justify's arrival, but it was hard to find revelers who threw themselves into the event enough to display their enthusiasm visually. Just one sign was visible around the walking ring, belonging to Shaun Basch, who drove seven hours from Muskegon, Michigan to attend the event. She did the same for American Pharoah three years earlier ... Starlight Racing owns a 15% stake in Justify, but their members made up the vast majority of the population in the winner's circle photo."
horseracing  triple-crown  churchill-downs  justify 
yesterday by jnchapel
You can't bet on Rutgers: The first day of sports gambling in New Jersey
"That guy who tweets in all caps was there, just like in Delaware, screaming at the top of his lungs and placing a $5,000 bet on the White Sox. They lost, 5-2; he said he also lost $4,000 in Delaware. He sells picks, too, if you'd like to share in that success."
horseracing  sports-betting  new-jersey  monmouth-park 
3 days ago by jnchapel
NJ sports betting: The case for Justify running in the Haskell
"And as I stood in the north end of the grandstand on Thursday morning, where the Monmouth Park Sports Book by William Hill was the epicenter of the state's new sports betting industry, it was apparent why it's so important the track land Triple Crown winner Justify for Haskell Day on July 29. The stakes have been raised, and introducing sports betting to a broader audience, thus taking full advantage of a potentially game-changing alternative revenue stream for the financially troubled racetrack, is the single-most important function of the current meet. If horsemen want more racing days and higher purses in the future, it starts with bringing the sport's latest superstar to the area."
horseracing  sports-betting  new-jersey  monmouth-park 
3 days ago by jnchapel
Two $20 bets, and they're off to sports betting in New Jersey
"Our goal is to increase purses and add more racing dates," Drazin said. Drazin estimates that once the New Jersey sports betting market stabilizes, Monmouth could handle $1 billion a year. "We think the illegal sports betting market nationally, offshore and books, is around $40 billion," he said. "Because of the demographics in New Jersey, we think total betting will reach $10 billion annually. In a mature market, we think Monmouth will take in 10 percent of the state's total handle."
horseracing  sports-betting  new-jersey  monmouth-park 
3 days ago by jnchapel
You can now place sports bets (legally) in New Jersey
"The Borgata and Monmouth Park Racetrack in Oceanport were the only places prepared to accept gamblers as sports betting started in New Jersey, and both were inundated with people apparently delighted to have the chance to part ways with their money. At both venues, officials described the moment in soaring terms — as the dawn of a 'new era' in New Jersey, and a significant opportunity to invigorate lagging Atlantic City casinos and the state's racetracks."
horseracing  sports-betting  new-jersey  monmouth-park 
3 days ago by jnchapel
Legalized sports betting is already a big hit in Delaware
One bettor: "With the bookie, you've got to wait," he says. "You don't get paid till the following week." And another: "I love sports," she says. "I love that sports betting is legal."
horseracing  sports-betting  mid-atlantic  delaware-park 
4 days ago by jnchapel
Ride on: Newburyport native tramples gender barriers as jockey
"Piermarini, 51, walks off the track, weighs in and then heads for the jockey club room covered in mud from head to toe. The first thing she does is to take off her uniform before then going to a mop bucket to wash her face off. There is no sink. Then she goes into the male jockey room to wash her boots off in a tub. Now she has to wait for her next race in the club room."
horseracing  massachusetts  suffolk-downs  jockeys  tammi-piermarini  women-in-racing 
4 days ago by jnchapel
Sports betting bill written to include site that won't host horse racing
"Anything that would go there would be a multimillion-dollar investment. They'd have to build a structure and spend a lot of money," Sweeney said in a phone interview. "They qualified. They’re a former racetrack. Once the voters passed the initiative, Cherry Hill was in, just like Atlantic City." [Cherry Hill is the former Garden State Park site.]
horseracing  sports-betting  new-jersey 
6 days ago by jnchapel
New Jersey legalizes sports betting
"Mr. Murphy's office would not divulge which team the governor might bet on Thursday at Monmouth Park, or even which sport. He could bet the lone New Jersey team — the Devils — to win the Stanley Cup in 2019 at odds that are about 80 to 1, or wager on the Jets or Giants, who play in New Jersey, as underdogs to win the Super Bowl. But if he bets the World Cup, which the United States failed to qualify for, Germany, where Mr. Murphy served as ambassador under President Barack Obama, is a 4-to-1 favorite."
horseracing  sports-betting  new-jersey  monmouth-park 
6 days ago by jnchapel
NJ governor: 'Dream of legalized sports betting' begins Thursday
Betting opens at Monmouth Park on Thursday. "To start, all bets must be placed in person. Mobile sports betting is legal under the new legislation and will be available in the future."
horseracing  sports-betting  new-jersey  monmouth-park 
6 days ago by jnchapel
Byerley Turk reaching the end of the line
"The question, of course, is quite what is at stake in the effacement of the Byerley Turk’s line. The science is still exploratory. The Y chromosome, distributed through the paternal line, represents less than 1 percent of the equine genome and contains genes mostly associated with sperm production and fertility. But it does contain ancestry “information”, and studies are underway to establish whether the genetic sequencing of the Byerley Turk line shows diversity from those of the Darley Arabian crowd. Pending more certainty, it boils down to instinct. Even to a sense of decency. What right do we have, in our avarice and myopia, to kill off such a colourful part of the Thoroughbred’s heritage?"
horseracing  racing-history  breeding  pedigrees 
6 days ago by jnchapel
A day at the Belmont Stakes
"If you want to find the sport under all of this, you have to get away from the crowds. There is a cool, dark underpass through which the horses .... walk from the stables out to the track. Down there, you will see practitioners taking postgame stock. I couldn’t get there to see Justify and Smith either before or after the Stakes, but I watched as some of the earlier races disbanded. It was a sunny day and the track wasn’t sloppy but all the horses and jockeys were covered in mud up to their faces; in 15 years of riding I never came away looking like that. If you’ve watched a horse race on television, you know that this happens. But up close, it’s startling. Everyone looks both keyed-up and tired; the work of the race feels real and dangerous and effortful. It was surprising both because of how transformed they were and because, from where I was sitting, the whole thing had looked so easy."
horseracing  belmont-park  belmont-stakes 
6 days ago by jnchapel
Justify's Triple Crown win called into question
"Restoring Hope never had a chance and had no business being entered in the race if the object was to win. He was 30-1 in the morning line Belmont odds and has won just one career race. Perhaps most importantly, Baffert isn't the kind of trainer to take a flyer with an overmatched horse in a big race – especially when he's saddling the favorite with a chance to make history. So from the moment Restoring Hope was entered, there was speculation about an ulterior motive involving race strategy. When the draw put Justify in the No. 1 hole, susceptible to being trapped along the rail and having his early speed squelched, race strategy took on added importance. And when Restoring Hope sped into the first turn like a quarter horse, it seemed pretty clear what happened."
horseracing  triple-crown  belmont-stakes  justify 
6 days ago by jnchapel
Belmont controversy erupts: Did alliance ensure a Justify victory?
1. "I have no earthly idea what Florent was thinking or what his race strategy was," [Restoring Hope owner Gary West] said in an email response to a request for an interview. "Had I known better, the first eighth of a mile I would have thought it was a quarter-horse race, not the mile-and-a-half Belmont. Maybe the horse was completely out of control and Florent had no choice. I will never know."

2. D. Wayne Lukas, who trained sixth-place Bravazo, does not believe Restoring Hope’s presence mattered. But he acknowledged: “That was strange the way they sent him up there. I mean, he compromised a few horses with blocking and so forth.”
horseracing  triple-crown  belmont-stakes  jockeys  justify 
7 days ago by jnchapel
Horsemen question Geroux's ride on Restoring Hope
"Why would you send a horse that breaks bad and take everybody out, then come back in?" Velazquez, a Hall of Fame rider, said. "That's his job, to protect the other horse and it worked for them. You have to give it to them."
horseracing  triple-crown  belmont-stakes  jockeys  justify 
8 days ago by jnchapel
Horsing around with sports-betting, Murphy swallows his own poison pill
"There is no basis in law for this threat," said Ray Lesniak, the former state senator who sponsored the 2014 repeal bill. "It's an abuse of government power and should be withdrawn. It's frightening that a state government agency can threaten a legitimate business like this."
horseracing  sports-betting  new-jersey  monmouth-park 
8 days ago by jnchapel
Justify 13th Triple Crown winner after Belmont victory
"As Justify hit the top of the lane with history within his grasp, Gronkowksi — who was last in the early going, several lengths behind the field after breaking slowly from post 6 — indeed tried to do what his stablemate Good Magic had done before him and inject some drama into the outcome. The son of Lonhro whipped up the inside rail in his first Stateside start and first try on dirt and came with a rally that in most years would have been good enough to make him a stunner of a classic hero. This was no ordinary season, however. And Justify reaffirmed in the stretch he was no ordinary athlete."
horseracing  triple-crown  belmont-stakes  justify 
8 days ago by jnchapel
Simply perfect: Justify wins the Triple Crown
"With a white blaze, a sweeping stride and an unblemished record, Justify came to the site where Pharoah ended a 37-year Triple Crown drought and, guided by the same trainer, took his own shot at history. Ridden by the 52-year-old ironman Mike Smith, Justify did not disappoint the crowd of about 90,000 as he quickly went to the lead and stayed there, despite a pack of contenders closing in behind him, to capture the 150th Belmont Stakes by a length and three-quarters ..."
horseracing  triple-crown  belmont-stakes  justify 
8 days ago by jnchapel
For all the Gronkowskis, the day was quite a ride
"... a conga line of Gronkowskis made its way down and out of Belmont Park and went back to Boston having taken the horse racing world by storm in the span of about three hours. They'd rolled in at around 4 p.m., and settled into a far-back table in the Garden Terrace room for some hot dogs, cheese and crackers, and beer. After about an hour, they went out in front of the park for a TV interview and, eventually, to meet Gronkowski the horse ... it became clear that the brothers Gronkowski had taken to calling the horse 'Rob.' They greeted the big bay colt as such. Gronkowski the horse was calm while Gronkowski the human petted him on the side of his neck while two jockeys put his saddle on. The meeting was brief, but they clearly connected. 'He was dope,' Gronkowski said afterward."
horseracing  triple-crown  belmont-stakes  gronkowski  bo2018 
8 days ago by jnchapel
Betfair US inks NJ, NY sports betting deals
"FanDuel is not a minor part of the plans in these two states and beyond. According to Levin, it's 'very likely' that FanDuel will be deployed as Betfair's primary brand across the US. That means we could be seeing FanDuel-branded sportsbooks in the two states in question. TVG will remain as the primary brand for horse betting. Of course, none of this is official until the acquisition goes through."
horseracing  sports-betting  new-jersey  betfair 
10 days ago by jnchapel
NJ sports betting: Governor halts Monmouth Park opening
"... it's almost certain there will be no sports betting at Monmouth Park on Friday as planned, with Gov. Phil Murphy just the latest to thwart the track's attempts to open its new $2.5 million sports book. Murphy informed Monmouth Park president and CEO Dennis Drazin that he did not want the track to start taking bets on sporting events before he had a chance to review the bill, which was approved by the legislature in Trenton on Thursday afternoon. Murphy did not provide a timeframe for the review ... if Murphy’s message about not wanting Drazin to move forward without his blessing, even though the final obstacle had been removed, wasn’t crystal clear, the New Jersey Racing Commission threw up a last-minute roadblock of its own. The Racing Commission, charged with licensing racetracks for sports betting, drafted a letter to Monmouth Park stating that any track that opens for sports betting before the governor signs the bill will have its bets subject to review, which could delay the licensing process."
horseracing  sports-betting  new-jersey  monmouth-park 
10 days ago by jnchapel
Tough game for women: Female jockeys missing again at Triple Crown
"In interviews with NBC, five female jockeys described what they say is a long and persistent history of gender discrimination in the sport. Some say their careers have been deterred by sexual harassment and bullying. At a time when the #MeToo and Time's Up movements have exposed inappropriate and often illegal treatment of women by more than 200 high-profile men, there has been no similar reckoning in racing. Female jockeys say that’s because too many of them are afraid to speak up."
horseracing  jockeys  women-in-racing 
10 days ago by jnchapel
The science and controversy behind horse racing's most popular race day drug
Re: the Belmont: "The race should be fair, but it won't be entirely clean."
horseracing  drugs-in-racing  lasix 
10 days ago by jnchapel
Amid historic wins, Bob Baffert is sport's biggest star
"Even by Baffert's standards — and he's been a success story in this game for a long time now — the run he's been on lately almost defies logic. And it has helped turn him from someone who gets recognized every day around the racetrack to the only person involved in the sport who really moves the needle in any other context ... Baffert’s record is unassailable. Though he may not be as revolutionary of a figure as Lukas, who came from quarter-horse racing and totally reimagined the business of training horses, Baffert has carried the torch as an affable, accessible figure who seems just as comfortable hanging out with Belichick (as he did at the Kentucky Derby and Preakness this year), befriending rapper Post Malone or appearing on the Today show as he does in the barn. "
horseracing  triple-crown  trainers  bob-baffert 
10 days ago by jnchapel
Minnesota first: Triple Crown champion's colt, born just outside Twin Cities, is a stunner
"With such a regal pedigree, Suzanne Hanifl said the goal for their colt is 'to run in and win the (Kentucky) Derby.' If he doesn't, they won't be disappointed. The Hanifls already are envisioning how much fun it would be to watch him run at Canterbury Park, with their three children, nine grandchildren and racing fans eager to see the first native-born son of a Triple Crown winner."
horseracing  midwest  minnesota  breeding  pedigrees  sires  american-pharoah 
11 days ago by jnchapel
‘Magic Man’ Joao Moreira quits Hong Kong racing for Japan in shock move
"Moreira will apply for a short term Japan Racing Association (JRA) licence, just as he has in the past two off-seasons. He will spend his spare time preparing for a written test, the first hurdle to joining Italian Mirco Demuro and Christophe Lemaire as full-time foreign riders in Japan ... to be licensed as a full-time JRA jockey, foreigners must pass two tests, firstly a written exam quizzing applicants on everything from rules, regulations, statistics and history of Japanese racing, and, if successful, then pass an interview with JRA officials to test Japanese language proficiency."
horseracing  international  hong-kong  japan 
11 days ago by jnchapel
Stronach sees long-term potential for Preakness at Pimlico as part of fight vs. poverty
1. "On the one hand, horse racing is important. I realize so much history is involved," the 85-year-old Canadian businessman said Tuesday in his first extended comments on the future of the Preakness and Pimlico in several years. "I think we will do everything we can that it definitely stays in Maryland. The question is, can we come up with a solution which is a win-win-win? A win for the horse industry and a win to eliminate poverty in that area." Specifically, Stronach would like to see part of the Pimlico site redeveloped into an urban farm that would create jobs for residents of the surrounding neighborhood and dispense fresh produce to the rest of the city.

2. "I very much welcome him saying that he wants to address poverty," said Rosenberg, a staunch advocate for keeping the Preakness at Pimlico. "But I think we can do that in a way that keeps racing going and is more commensurate with 21st century needs."
horseracing  mid-atlantic  maryland  pimlico  preakness-stakes  stronach 
11 days ago by jnchapel
View from the Rail: is the Triple Crown structured to serve racing’s best interests?
"It would appear that the timing and distance of the Belmont Stakes is an anachronism. Some thought should be given to making it a more appealing and contemporary event by adapting current race-spacing practices for the Triple Crown events. This could certainly increase the Belmont Stakes field size, which in turn could make a positive contribution to attendance." [The actual question of this piece seems to be, is the Triple Crown structured to serve *NYRA's* best interests.]
horseracing  triple-crown  belmont-stakes 
11 days ago by jnchapel
Tijori’s fascinating pedigree pattern could be harbinger
" ... of an emerging Will Take Charge-Tapit cross. That cross offers a fairly new avenue to practice the Rasmussen Factor of inbreeding to superior females. Will Take Charge’s dam, multiple Grade 1 star and Broodmare of the Year Take Charge Lady, is out of a Rubiano mare. Tapit’s dam, Tap Your Heels, is a three-quarter sister to Rubiano. Tap Your Heels is by Unbridled, while Rubiano is by Unbridled’s sire Fappiano. The siblings are out of Ruby Slippers, a Nijinsky II mare out of Moon Glitter, herself a multiple stakes-winning full sister to Relaunch, from a prolific female line. Moreover, the Will Take Charge-Tapit cross yields a 3×4 duplication of Unbridled, with Will Take Charge being by Unbridled’s Song. That pattern alone could take on greater prominence in the coming years."
horseracing  breeding  pedigrees  broodmares 
11 days ago by jnchapel
Delaware generates $322,135 in bets on Day 1 of full-scale betting Tuesday
"To start, sports betting was offered only at Dover Downs, Delaware Park and Harrington Raceway & Casino. While there were no championship events Tuesday, there was plenty of baseball. Delaware Gov. John Carney made the first wager, risking $10 on the Philadelphia Phillies to beat the Chicago Cubs. The Phillies won 6-1."
horseracing  sports-betting  mid-atlantic  delaware-park 
12 days ago by jnchapel
Rob Gronkowski on his namesake racehorse running in the Belmont Stakes
"Horses run around in a circle on dirt and whoever gets first place, gets first place," he says.
horseracing  triple-crown  belmont-stakes 
12 days ago by jnchapel
Belmont Stakes still seeking a breakthrough from Japan
"Matsunaga views the Belmont as being particularly approachable. 'I believe Japan-trained horses have a better chance of winning the Belmont than the Derby or the Preakness,' he said. 'The first two races tend to have an extreme level of early speed, which most Japanese horses find difficult to get involved in. But in the Belmont, tempo in the early stages is usually moderate, so Japanese horses can run much closer to the pace.' It helps, too, that Belmont Park's massive oval is nicknamed Big Sandy, a reference to its track composition. Even though Japan continues to emphasize turf racing, its dirt tracks are known for their deep, sandy makeup."
horseracing  triple-crown  belmont-stakes  international  japan 
13 days ago by jnchapel
Close encounter with Mine That Bird
"... before my visit to the Double Eagle Ranch was complete, Allen gave me a leg up and allowed me to sit bareback on the famous horse."
horseracing  kentucky-derby  mine-that-bird 
13 days ago by jnchapel
What's the magic behind six Derby winners? Pascual Rivera prepares horses for stardom
"Like many anonymous backstretch workers throughout the racing world, Rivera handles great horses until they gallop into fame, at which point they literally leave him in the dust ... Rivera has handled six Kentucky Derby winners in his 38-year career, yet his face is unknown, and, until now, his story has been untold ... nothing was as painful as when a notable horse forced him to cut himself. It occurred moments after this year’s Santa Anita Derby and the horse was Justify. As Rivera was cutting off the winner’s bandages, Justify, who had not yet calmed down, kicked him and he cut himself with the blade. While the victory was being celebrated, Rivera was being treated at the backstretch medical clinic. 'I missed all the excitement again,' he says."
horseracing  california  santa-anita  backstretch  triple-crown  bo2018 
13 days ago by jnchapel
Letter: Racing industry focused on care, safety of horses
"To focus primarily on speculation about what happened 30, 20, or even 10 years ago on racetracks in Massachusetts or anywhere else in the country is to ignore this decade's watershed integrity and aftercare initiatives which have been embraced and implemented by regulators, operators, and horsemen and women alike. As the Massachusetts Gaming Commission's first director of racing, I helped guide the efforts of its Division of Racing during MGC's nascent years. Thanks to the commissioners' keen interest in best practices and the advocacy and support of stakeholders such as Suffolk Downs and the hundreds of owner and trainer small businesses of the New England HBPA, Massachusetts was one of the earliest states to fully adopt the national industry's full complement of truly significant reforms to its veterinary practice, medication, and testing regulations. This was collective work, and all of the parties involved have a vested interest in seeing their tremendous efforts succeed."
horseracing  massachusetts  great-barrington  equine-safety 
13 days ago by jnchapel
American Pharoah's Triple Crown win didn't save horse racing after all
"There's a downside, of course, to the current trends. Fewer horses, fewer races, racetracks shutting down. But as the small-time operators struggle, the top end of the sport seems as healthy as ever. In fact, perhaps the biggest long-term impact of American Pharoah's Triple Crown has come on the ownership side where wealthy individuals and large-scale partnerships have made a head-first dive into the business, spending millions on high quality horseflesh at auctions in the United States."
horseracing  triple-crown  belmont-stakes 
14 days ago by jnchapel
The drag dilemma
Via: http://pullthepocket.blogspot.com/2018/06/post-drags-problematic-opportunities.html ("When I read it ... [I thought] they weren't talking about post dragging as a problem, but an opportunity. This, I believe, happens more often than we like to think in horse racing.")
horseracing  wagering  post-time  post-drag 
14 days ago by jnchapel
Delaware Park to offer full sports wagering next week
"Delaware, which has long offered sports parlay cards, will expand its sports-wagering menu to include single-game events beginning June 5 at its three casinos: Delaware Park, Dover Downs, and Harrington Raceway ... bettors will be able to wager on single events of professional baseball, football, hockey, soccer, golf, and auto racing. Expanded sports wagering should increase the amount of money generated for tracks and purses in the state. For the most recent six months tracked, ending Feb. 4, parlay sports wagering at Delaware Park generated $1,232,282 for the track and $292,820 for Thoroughbred purses."
horseracing  sports-betting  mid-atlantic  delaware-park 
16 days ago by jnchapel
NJ sports betting: Leagues say they don't owe Monmouth Park $150M
"Attorney Jeffrey Mishkin, representing the four major pro sports leagues and the NCAA, in the new court filing said the NJTHA is 'entitled to no recovery as a matter of law' and noted that arguments that the federal ban was unconstitutional were not supported until the Supreme Court weighed in."
horseracing  sports-betting  new-jersey  monmouth-park 
18 days ago by jnchapel
Racing in South Dakota needs help to survive
"I don't think people realize," Kramme said. "But these last three races could be the last three races in South Dakota." [Looking for help from sports betting, among other things.]
horseracing  midwest  south-dakota 
20 days ago by jnchapel
Steve Cauthen: He came, he saw, he conquered
"He was a serious, bird-beaked manchild in long waterproof breeches ... media folk were almost tonguetied with amazement. Cauthen wasn't. For two years he had been asked every question on the planet by every microphone that could get near him. Talking to stuttering English questioners was like having tea with your granny. He had clear blue eyes and a deep Kentucky voice. We were in love." [From 2012]
horseracing  international  jockeys 
22 days ago by jnchapel
Audible pulled from the Belmont Stakes, making Justify's path to the Triple Crown easier
"It gives rise to suspicion that a Justify Triple Crown would be as much the product of backroom dealing as racing excellence."
horseracing  triple-crown  belmont-stakes 
23 days ago by jnchapel
Need for legislation tempers sports betting euphoria
"The effort by the leagues to establish a fiduciary right to betting revenue – whether through legislation, negotiation, or litigation to define its 'intellectual property' in relation to sports bets – will have an outsized effect on the future direction of sports betting. The fee the NFL and other leagues are seeking represents a significant portion of a bookmaker’s typical margin under the existing business model in Las Vegas."
horseracing  sports-betting 
23 days ago by jnchapel
Monmouth Park hits leagues for $150 million claim
"Dennis Drazin, a consultant for the horsemen's group, said, 'When you add up the numbers it comes to $150 million to $200 million, and it may be more. That number doesn’t come out of air,' he said. 'I'm sure the leagues will have something to say about it. We know the leagues are wrong. It’s pretty clear we are entitled to damages.' The motion claims the leagues acted in bad faith when they sought to block sports betting because they promoted and endorsed fantasy sports games, a form of gambling that relies on player performance." [Includes links to court documents.]
horseracing  sports-betting  new-jersey  monmouth-park 
24 days ago by jnchapel
Our opinion: Return of horse racing has promise, raises questions
"The introduction of a six-to-ten-day racing season when viewed as but one element of a collective draw including the Berkshires' cultural attractions and natural beauty, could act as a force-multiplier during tourist season, not only benefiting the usual restaurants, hostelries and other visitor-oriented business, but also farmers, feed suppliers and farriers (horseshoeing specialists). A renovated track could also host concerts and other events. There is however, work to do before the sound of thundering hooves reverberates off the Berkshire hillsides." (Also: "In this case, however, wagering would be confined to the track itself for a limited time of the year. Simulcasting and off-track-betting should be permanently off limits at the site." [OFFS])
horseracing  massachusetts  suffolk-downs  great-barrington  berkshires 
24 days ago by jnchapel
Suffolk Downs, horsemen work to save funding
"The triumvirate of SSR, the MTBA, and the NEHBPA investigated 10 different sites, and they ranged from raw, uncut land to other quasi-developments. The Great Barrington site will need extensive renovations and rehabbing to the grandstand, racetrack, and other structures before it can be resurrected for racing, but at least the infrastructure is there. What isn't there is a one-mile oval or a turf course. Tuttle said that they are hopeful of enlarging the track, which measures five furlongs, but he could not estimate a cost of what will be a total renovation project because engineering and other studies and due diligence are not completed."
horseracing  massachusetts  suffolk-downs 
25 days ago by jnchapel
TDN Q & A: Dennis Drazin
"I had been telling people they need to be proactive and get involved in the early stages. Now that this is a reality everybody is doing more than they did before. The NTRA is monitoring the situation and is working to make sure racing gets some share. In other states, horsemen have to be proactive and go to their legislators and lobby, testifying about the need for horse racing to get a share. Otherwise they can be left out. If they are saying that New Jersey got a piece so we will too, they are mistaken. They really have to be out their doing their homework, going to legislators and educating them. They need to go to their governors to advocate their positions. Those who aren’t aggressive will lose out."
horseracing  sports-betting  new-jersey  monmouth-park 
25 days ago by jnchapel
Sports betting and racing: After Jersey, then what?
"Delaware's horse racing industry is also well-positioned to benefit from sports betting because Delaware is the only state where sports betting laws are in place that require part of the profits to go to purses. According to Delaware Thoroughbred Horsemen's Association President Bessie Gruwell, 9.6% of the revenue from the parlay bets go to purses and that will not change for single-game bets, which are much more popular with gamblers than the parlays."
horseracing  sports-betting 
25 days ago by jnchapel
Back to the future: Fairgrounds, Suffolk Downs reach agreement
"Local historian Gary Leveille, who is the archivist for the Great Barrington Historical Society, told the Edge the track is an important part of the town’s history. It’s located only a few hundred feet from the historical society’s headquarters at the Wheeler House. Leveille also shared a personal anecdote about sneaking into a race almost 45 years ago: 'During Fair Week in September of 1973, I was in college and didn’t have much money. My buddy Rich Fitzgerald and I wanted to go to the Barrington Fair, but didn't want to spend our limited funds on tickets to get in. They weren't cheap. So, we borrowed cowboy hats from someone, walked toward the back of the fair where the horses were stabled. We starting talking about Secretariat, the thoroughbred racehorse that won the triple crown that year, and just pretended that we were part of the racing crowd. It worked. Nobody questioned us, and we got in for free.' Reaction from the town has been positive, though it’s not clear what kind of regulatory hurdles SSD will have to clear to get the project green-lighted."
horseracing  massachusetts  suffolk-downs  great-barrington  fair-racing 
25 days ago by jnchapel
Suffolk Downs group plans to conduct racing at Great Barrington in 2019
"The leasing of Great Barrington means the sport could continue in the state. Purses are enhanced by revenue from operating casinos, so there will be enough money to sustain a longer season. But the relocation comes with a big caveat. In order to pull off the deal, Sterling Suffolk said it needs help from the state Legislature. Chip Tuttle, chief operating officer of Sterling Suffolk, said the arrangement will hinge on the passage of a measure, already before the state legislature, that would expand the ways casino revenues can be used for horse racing. Tuttle said such a change is necessary to defray some of the about $10 million it would cost to move racing to Great Barrington and renovate the facilities there."
horseracing  massachusetts  suffolk-downs  great-barrington 
26 days ago by jnchapel
Suffolk Downs in bid to revive thoroughbred racing in Berkshires
"Chip Tuttle ... said Suffolk Downs offered eight days of live racing last year in East Boston and plans to host six days this year, but possibly more in the fall. Great Barrington might offer a similar schedule in 2019, and more racing days in future years. 'Ultimately we'd like to get to 30 or 40 days a year of racing out there if the purse funding will support that,' he told the News Service."
horseracing  massachusetts  suffolk-downs  great-barrington 
26 days ago by jnchapel
Why this track is so great
"Saratoga is champagne and caviar, champions and history. Great Barrington is sausage-and-pepper subs and Schlitz, beat-up old horses and a notorious past. I love them both." [From 1998]
horseracing  massachusetts  fair-racing  great-barrington 
26 days ago by jnchapel
How a horse named Onion defeated a giant
"It's David and Goliath. It gives us all hope," Ralph says. "We're all just mere mortals. But if we train right and we point all our efforts to accomplishing a certain goal, maybe we'll have our Onion, too."
horseracing  racing-history  great-horses  secretariat  onion  saratoga 
26 days ago by jnchapel
In New Jersey, a $3 million bet that a sports bar could take bets
"There was little to suggest that this spot, the William Hill Sports Bar, might in a few weeks take a turn in the national spotlight as the first venue in the country outside of Nevada where gamblers can place sports bets in the aftermath of the Supreme Court’s landmark decision paving the way for such wagering ... a room that was essentially a formica-lined cafeteria received a $3 million dollar face-lift that started five years ago as the operator of the track and one of the world’s biggest sports betting operators formed a partnership to wager that New Jersey would prevail in its legalization efforts."
horseracing  sports-betting  new-jersey  monmouth-park  wiliam-hill 
26 days ago by jnchapel
NJ sports betting: Justify bonus likely to be tied to future bet
"Monmouth Park officials are leaning toward tying a $5 million bonus designed to attract Kentucky Derby/Preakness winner Justify to the betfair.com Haskell Invitational to a future bet on the 2019 Super Bowl winner. 'Because I think it's important to the launch of sports betting, I want to tie it all to that Super Bowl bet that I've been talking about,' said Monmouth Park president/CEO Dennis Drazin ... [Justify's] owners would also need to place a winning 2019 Super Bowl bet at Monmouth the day of the Haskell in order to collect the $5 million bonus should Monmouth officially choose that bonus option."
horseracing  sports-betting  new-jersey  monmouth-park  haskell 
27 days ago by jnchapel
Sports betting can transform racing’s finances and the live track experience
"In New York, in 2013 legislation was somehow passed that granted four new as yet undeveloped full-blown casinos, and sports betting licenses to them and them only. However, no specific rules and regulations were included in the bill, leaving the overwhelming percentage of the racing and gaming facilities currently out of this now 5-year-old sports betting legislation. Clearly, racetracks (harness and Thoroughbred), racinos and the five remaining OTB (off-track betting) regional operations will need to be included. Assemblyman Gary Pretlow, who chairs the Racing and Wagering Committee, has stated that the OTBs have to be included in any NY state sports wagering plan. If historic behavior prevails, this will be a political and operational nightmare."
horseracing  sports-betting 
27 days ago by jnchapel
Will sports betting save horse racing?
"According to the champions of sports betting we can expect dramatic results from the Supreme Court's decision to legalize the practice. Atlantic City will be renewed to it's former glory, Sinatra will rise and headline the Tropicana and horse racing will be magically reinvigorated with Unicorn harness racing nightly at the Meadowlands. I understand the court's decision is a big victory for the state, but perhaps it's time to pump the breaks a bit on the expectations."
horseracing  sports-betting  new-jersey 
29 days ago by jnchapel
With Supreme Court ruling, sports betting could become a friend and foe to horse racing
1. "I don't think we think it's a negative thing at all," said Tiffani Steer, vice president of communications and events for Stronach Group, which owns Pimlico and Laurel Park, among other racetracks. "I think that what it does is offer actually more for a customer. So if you want to come and wager on horse racing and wager on an NBA or an NFL game, you can do that, too. And vice versa: I think it potentially opens up horse racing to perhaps a whole set of customers who may not normally consider horse racing or come to a track because perhaps they're more attracted to traditional sports betting."

2. Shifler said he'd be reluctant to risk his money on a sport as unfamiliar as horse racing. He'd stick to what he knows: professional football. But it was a welcome change to even consider such a possibility of striking it rich. "It's nice to have the options, for sure," he said. "Legally, anyway."
horseracing  sports-betting  mid-atlantic  maryland  stronach 
4 weeks ago by jnchapel
Horse betting has to modernize, or else sports gambling will leave it behind
"The good news ... is that there’s time to ramp up for the competition — time to build better streaming services and user-friendly apps, and time to make data more accessible, lower takeout, and create new wagering options, such as expanding the kind of fixed-odds play that’s available on Betfair’s New Jersey betting exchange. It will take most states months, or even years, to legalize sports betting."
horseracing  sports-betting  portfolio 
4 weeks ago by jnchapel
Baffert's way with sires
"Baffert's uncanny ability in developing lesser-pedigreed horses, some by stallions well off the commercial path, brings into sharper focus his skills as a trainer and manager and his eye for a horse."
horseracing  breeding  pedigrees  sires  trainers  bob-baffert 
4 weeks ago by jnchapel
Sports betting will likely not be a positive for horse racing
"Sports betting's passage has not guaranteed even one dollar to horse racing."
sports-betting  horseracing 
4 weeks ago by jnchapel
If legalized, sports betting could take many forms
"The lucrative potential of legalized sports betting is likely to touch off a scrum for a share of the new market, from casinos to racetracks to daily fantasy sports sites. 'It's going to be a free-for-all,' said Clyde Barrow, a University of Texas professor who closely follows the New England casino industry. 'Consultants are going to make a lot of money doing studies,' he said."
horseracing  sports-betting  new-england  massachusetts 
4 weeks ago by jnchapel
Who wins from sports betting?
"We woke up in a different world today. Yesterday, outside of the state of Nevada, the only legal 'sports' betting in the United States was on horse racing. Today, or more realistically in the coming months and years, Americans will be able to bet on baseball, basketball, football and hockey, among other sports. They'll be able to bet on the next pitch, the next touchdown. And this helps racing how exactly?"
horseracing  sports-betting 
4 weeks ago by jnchapel
Sports betting brings massive opportunity to horse racing
"What Monmouth did – and does – can surely serve as a lesson to racetracks from New York to California on how to prosper in the coming years. Rather than play it safe and play a game of wait-and-see, Drazin and his team have already spent about $2 million to build an area for the sportsbook. Aside from being at the forefront of the court case, they were also wise enough to enlist a valuable partner in William Hill, who has a long and successful history in areas of sports betting foreign to horse racing entities, tasks such as setting odds and laying off bets - and they also brokered an advantageous deal for those services."
horseracing  sports-betting 
4 weeks ago by jnchapel
Could sports betting boost the action at horse racing tracks?
Horse racing, in anticipation of the decision, has long envisioned sports betting as a potential stimulus to the struggling industry.

"We would pursue [a sports book] at every one of our racetracks," said Tim Ritvo, chief operating officer of the Stronach Group, which owns Santa Anita and others ...

"What we'd want is a level playing field," said Ritvo, who maintained that accepting bets on racing demonstrates a level of expertise that would serve it well with expanded sports wagering.

"This is a new form of gaming that we should both be entitled to," he added. "Obviously, we wouldn't be opposed to the casinos. Hopefully, they wouldn't be opposed to us."

Ritvo would not guess whether a sports book at the track would cannibalize or bump up wagering on races. "The question is," he said, "can you convert it into revenue?"
horseracing  sports-betting  california  stronach 
4 weeks ago by jnchapel
Supreme Court opens door for added sports gambling
Experts believe sports wagering could be a good fit for tracks and online advance-deposit wagering outlets, as it's more complementary to pari-mutuel wagering than slot machines. On the other hand, it's a similar game to betting horses and typically features a lower takeout than pari-mutuel wagering. At the National HBPA meeting, tote company executive Michele Fischer said horse racing needs to make sure sports bettors place their wagers on site at tracks or through ADW outlets ...

"The No. 1 thing you should do is to get on the phone with a William Hill, or someone else in this business, because this is not our business," Waldrop said. "We don't understand this. It's vastly more complicated and risky than pari-mutuel wagering. You need to get experts that are out there who can advise you. You should not go down this road thinking this is just another case where you can divvy up purse money. It is much more complicated.

"If you're not prepared (and) well advised, you'll be left behind for any number of reasons."
horseracing  sports-betting 
4 weeks ago by jnchapel
Sports betting provides plenty of upside for racing
"While all forms of gaming ultimately compete for shares of the wagering wallet, we believe the cannibalization threat [to horse racing] from legal sports betting is limited."
horseracing  sports-betting 
5 weeks ago by jnchapel
Horse racing channel ready at gate for legal U.S. sports betting
"Paddy Power seem to be potentially well-positioned in the U.S.," said James Kilsby, a managing director with Gambling Compliance, a consulting firm. "They check a lot of boxes when you think about the kind of experience and assets that might be an advantage in the U.S. sports-betting market."
horseracing  sports-betting  betfair  tvg  new-jersey 
5 weeks ago by jnchapel
Why are they playing hide and seek with important industry information?
"We all know that out-of-competition testing is an integral part of any drug testing program – or at least it should be. It's an important barometer of the progress that is being made to protect the integrity of a sport – any sport. The amount of out-of-competition testing we do should be on the tip of the tongue of every well-informed regulator and race track executive in the country. Recently, I have requested the information from the RCI on at least five occasions – including emails to both the immediate past RCI Chairman, Jeff Coliton, and RCI President, Ed Martin. Thus far I have received nothing."
horseracing  drugs-in-racing  testing 
5 weeks ago by jnchapel
How to prepare a horse for the Preakness
Rodolphe Brisset on Quip: "He was a horse who wants to be a little king." And Jerry Bailey on riding: "Horses that you can move and then they'll idle again for you, that give you just what you want and no more, those are the best to ride and they're the most effective. And they’re really rare."
horseracing  triple-crown 
5 weeks ago by jnchapel
How Churchill Downs CEO stopped sale of Kentucky Derby
"The activist, sources said, quietly shopped the Derby to potential buyers — hoping to get interest at a purchase price north of $2 billion. But it didn’t get a nibble." [What?!]
horseracing  kentucky-derby  churchill-downs 
5 weeks ago by jnchapel
Watchmaker: Speed figure doesn’t tell full story of Justify’s win
"The one wart on this Derby, besides the weather and sloppy track – conditions every participant had to deal with – is that the final time of 2:04.20 translated to a 103 Beyer Speed Figure, not particularly strong in the historic context of the Derby, which has a par of over 107."
horseracing  kentucky-derby 
6 weeks ago by jnchapel
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