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PENN NATIONAL GAMING OPERATING RESULTS
Penn National Gaming (PNG) recently released its operating results for 2012. PNG describes itself as “a leading, diversified, multi-jurisdictional owner…
May 17 2013, 6:00am | Visit source ›
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REBUTTAL TO BILL DWYRE’S TAKE ON HOLLYWOOD PARK
Bill Dwyre of the Los Angeles Times recently (May 11, 2013) wrote a column in which he contends that the…
May 16 2013, 7:30am | Visit source ›
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WHY SETH HANCOCK IS GOING AGAINST HIS OWN BEST BUSINESS INTERESTS
Consider the long association between the Hancock family of Claiborne Farm in Paris, Kentucky, and the Phipps/Janney families. Mrs. Gladys…
May 12 2013, 6:41am | Visit source ›
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Famed economist John Maynard Keynes’ notion of “animal spirits” is regularly invoked to explain the emotions that imbue entrepreneurs and…
May 10 2013, 7:30am | Visit source ›
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Every year at this time, Triple Crown-time, a few journalists invariably write negative stories about horse racing. This year is…
May 8 2013, 2:31pm | Visit source ›
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All human beings can recall occasions in their lives when they were fortuitously saved from their own desires or decisions.…
May 7 2013, 7:34am | Visit source ›
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When Orb thundered down the Churchill Downs stretch to win the 139th Kentucky Derby, one of the good guys in…
May 5 2013, 9:13am | Visit source ›
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Eighty years ago, on May 6, 1933, the Kentucky Derby culminated like no other, before or since. The incidents that took…
May 1 2013, 4:00am | Visit source ›
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One hundred years ago, on May 10, jockey Roscoe Goose closed in the stretch with Donerail to win the Kentucky…
April 28 2013, 8:30am | Visit source ›
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LIMITING THE KENTUCKY DERBY FIELD SIZE
No one would want to see or hear a headline that screamed “Kentucky Derby Marred by Pileup Shortly After Start.”…
April 26 2013, 6:00am | Visit source ›
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MEMO TO THE NYRA BOARD OF DIRECTORS
Suggestion for the NYRA board: Immediately quit interviewing CEO contenders. The kind of CEO you really need now is almost…
April 23 2013, 8:19am | Visit source ›
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ECONOMIC REASONS FOR ARTIFICIAL INSEMINATION IN THOROUGHBREDS
High Brow Cat, a fabled 24-year-old American Quarter Horse stallion, was recently sold for $10 million to Colt Industries, a…
April 20 2013, 6:00am | Visit source ›
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THE KENTUCKY DERBY AFTER BOSTON
The Boston Marathon terrorist bombings on Patriots Day are a painful reminder of just how vulnerable we are as a…
April 18 2013, 5:43am | Visit source ›
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Item 1. Strong response by sports fans to the recently completed NCAA men’s basketball tournament and the Masters Golf Tournament…
April 15 2013, 10:30am | Visit source ›
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INSIDER TRADING IN STOCKS AND HORSE RACES
A partner at the prestigious accounting firm KPMG was busted this week for passing along confidential financial information about client…
April 12 2013, 6:08am | Visit source ›
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THE LOUISVILLE BASKETBALL VICTORY WAS A BIG WIN FOR HORSE RACING
Like any sport, horse racing can use all of the favorable media publicity it can get. In the days leading…
April 9 2013, 12:20pm | Visit source ›
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CHURCHILL DOWNS INC. OPERATING RESULTS FOR 2012
Churchill Downs Inc. (CDI) describes itself as “a diversified provider of pari-mutuel horseracing, casino gaming, entertainment, and is the country’s…
April 6 2013, 6:00am | Visit source ›
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EMPIRICAL EVIDENCE ON STALLION ECONOMICS BY ROBERT L. LOSEY
If you can book your first-year stallion to mares that will generate 50 foals at a $10,000 stud fee, or…
April 3 2013, 6:00am | Visit source ›
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WHEN TRAGEDY STRIKES DURING A SPORTS TELECAST
In Sunday’s NCAA men’s basketball regional final game in Indianapolis between Duke University and the University of Louisville, a freak…
April 1 2013, 12:43pm | Visit source ›
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It’s less than a week until England’s Aintree Racecourse, near Liverpool, opens for three days of competitive racing. Saturday’s main event is the…
March 30 2013, 3:00am | Visit source ›
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CUTTING MARKETING TO SAVE MONEY IS OFTEN COUNTERPRODUCTIVE
The American economy has been sluggish for approximately the past five years and pari-mutuel wagering has been under increasing pressure…
March 29 2013, 6:00am | Visit source ›
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The following narrative is from the Dubai World Cup website: “The Dubai World Cup, to be held on March 30,…
March 26 2013, 11:00am | Visit source ›
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MORE ON THERAPEUTIC MEDICATION IN HORSE RACING
Item 1: Vivien Malloy, owner of Edition Farm in New York, in an interview with Eclipse Award-winning writer Claire Novak…
March 25 2013, 7:00am | Visit source ›
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THE BREEDERS’ CUP RETREAT ON FUROSEMIDE
Race-day use of furosemide is the most divisive American horse-racing issue in memory. It has torn the industry apart. Experts…
March 22 2013, 6:00am | Visit source ›
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THE GRAND NATIONAL STEEPLECHASE
Few horse races have the storied tradition of the Grand National, held at the Aintree Race Course, located seven miles…
March 17 2013, 1:00pm | Visit source ›
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U. S. RACING NEEDS INTERNATIONAL HELP, BY FRED A. POPE
Some people spend time thinking about how to win a big race. Some dream bigger. They think about how to…
March 14 2013, 12:31pm | Visit source ›
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TOWARD ALMOST CASHLESS RACETRACKS
Racetracks exist on cash transactions. Bettors plunk down currency at pari-mutuel windows or feed it into self-service machines. However, this…
March 8 2013, 5:00am | Visit source ›
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In the 2011 Jockey Club consumer research study, McKinsey & Company found that “…only 22% of the general public has…
March 1 2013, 5:00am | Visit source ›
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Following are a half dozen miscellaneous items about horse racing and casinos. 1. The New York Racing Association’s newly constituted Board…
February 22 2013, 5:00am | Visit source ›
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Item 1: On February 5, a dinner was held at Gulfstream Park to honor Kentuckian Don Brumfield, a Hall of…
February 15 2013, 5:00am | Visit source ›
