Three of Kentucky’s most powerful breeding farms filed suit in US District Court on Tuesday, seeking to end The Jockey Club’s stallion cap rule that limits stallions born in 2020 or later to 140 mares a year. The plaintiffs, Spendthrift Farm, Ashford Stud, and Three Chimneys Farm, also listed two […]
In a short television interview before Saturday’s Saudi Cup, Jockey Club of Saudi Arabia Chairman Prince Bandar bin Khalid Al Faisal said the final $10 million purse distribution for the 2020 Saudi Cup should come within six weeks. Prince Bandar addressed the elephant in the room regarding the world’s richest […]
With legislation legalizing historical horse racing (HHR) machines meandering toward his desk, Kentucky Gov. Andy Beshear told a virtual meeting of the Kentucky Horse Racing Commission Tuesday he will sign the bill “as fast as it reaches my desk.†Beshear told the commissioners he couldn’t sign Senate Bill 120 last […]
In a move illustrating the speed of Kentucky legislators when it comes to that state’s Thoroughbred horse industry, the Kentucky House of Representatives approved Senate Bill 120 on Thursday night, legalizing Historical Horse Racing (HHR) machines. The measure passed 55-38, two days after it cleared the Kentucky State Senate, 22-15. […]
Total horseracing handle jumped for the second consecutive month, providing one key takeaway from Equibase’s first Economic Indicators in Thoroughbred Racing report of 2021. Betting in January climbed 9.57% from January 2020’s numbers to $959,602,269. That followed a 6.24% boost in December wagering, signifying that horseracing may be rebounding out […]
As one major racetrack shuttered its Historical Horse Racing (HHR) machine parlor, Kentucky State Sen. John Schickel (R-Union) said Thursday he authored a bill supporting legalization of the machines. Schickel, whose district includes Churchill Downs Inc.-owned Turfway Park, told WTVQ-TV he plans on filing the bill when the legislative session […]
Tributes from all over the racing world poured in Tuesday, remembering Prince Khalid bin Abdullah, who died Tuesday of undisclosed causes. The Saudi prince and nine-time Eclipse Award winner as owner and breeder was 83. A member of the Saudi Royal Family, Prince Khalid owned Juddmonte Farms, which announced the […]
One of the eternal allures and constant truths about betting on horses is the ability to win a lot by wagering a little. And, when it came to the most popular and fastest-growing wager types in 2020, this eternal truth manifested itself in multiples. Multiples – as in multiple-race wagers. […]
Tracks closed, spectators were absent, and schedules were changed beyond recognition. Yet, amid a year unlike any other in Thoroughbred racing, the total 2020 US handle dipped only 1.3% from its 2019 totals. What was remarkable about that modest dip — from $10.871 billion in 2019 to $10.727 billion in […]
That Into Mischief became North America’s leading stallion for the second consecutive year is borne out by facts that carry weight, heft and meaning beyond the breeding shed. Yes, there’s the $225,000 stud fee he commands. That hasn’t stopped would-be filly and mare owners from beating a path to his […]
The chief executive of Ascot, Britain’s most popular racetrack, said he expects more financial pain from the global COVID-19 pandemic, and that he doesn’t expect a return to normalcy until 2022. Guy Henderson, Ascot’s CEO, said he anticipates a “significant pre-tax loss in 2021†as one-time pandemic insurance payments cease, […]
Santa Anita Park unveiled a betting menu for its upcoming Winter/Spring Meet that includes North America’s lowest takeout on win-place-show bets, and its popular 20 cent Rainbow Pick Six Jackpot wager. The iconic Southern California track announced a 15.43% takeout on all $2 win, place, and show wagers. That’s the […]
One week after closing its turf course, Churchill Downs Racetrack announced plans to build a new $10 million turf course designed to increase the track’s durability – along with the number of turf races. Don’t expect the project to be ready anytime soon. Track officials announced that construction will begin […]
Into Mischief illustrated again why he is the most sought-after sire in North America when his suddenly hot 2-year-old, Life Is Good, won his Del Mar debut Sunday. With the victory, Into Mischief broke the North American single-season progeny earnings record. When Life Is Good romped home by 9-½ lengths […]
One of the biggest horse sales in North America, the Keeneland November Breeding Stock Sale, ended its 10-day run Wednesday with a modest, COVID-19-related drop in sales from 2019. At the same time, nine horses sold for at least $1 million each. The Keeneland November Breeding Stock Sale is one […]
A bill expanding and legalizing fixed-odds wagering on New Jersey horse races emerged from committees in that state’s senate – a little more than a week after being introduced in New Jersey’s state legislature. The bill, allowing permanent fixed odds on races, enjoys bipartisan support in the state legislature. The […]
After watching his gate-to-wire victory in Saturday’s Breeders’ Cup Classic, it took Authentic’s owners barely 24 hours to retire the three-time Grade 1 winner at the end of his 3-year-old season. The Kentucky Derby champion heads to Spendthrift Farm, the large Kentucky breeding farm and majority owner of Authentic. He […]
Following breeding farm trends in this depressed economic climate, Coolmore America’s Ashford Stud lowered its fees on the majority of its roster, including Triple Crown winners American Pharoah and Justify. American Pharoah, the 2015 Triple Crown champion, will stand for $100,000. That’s a 42.8% reduction from his $175,000 fee in […]
Gulfstream Park announced Monday it will allow fans inside for its Championship Meet, which begins Dec. 2 at the South Florida track north of Miami. Bill Badgett, the executive director of Florida racing for track owner The Stronach Group, told Thoroughbred Daily News Gulfstream Park will cap attendance at 50% […]
A September Kentucky Derby produced stronger third-quarter numbers in 2020 vs. 2019, according to the Equibase Economic Indicators in Thoroughbred Racing. Horseplayers wagered more than $3.2 billion in the third quarter. That represents a 12.7% bump from 2019’s figures of $2.92 billion. At the same time, America’s most wagered upon […]
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