Ticker
  • Miss Temple City (8-5) hits the wire just in front in the Grade 1 Matriarch.Posted 2 days ago
  • Annals of Time (5-1) gets clear late in the Grade 1 Hollywood Derby.Posted 3 days ago
  • Vale Dori (1-2) much the best in the Grade 2 Bayakoa.Posted 3 days ago
  • Royal Posse (3-5) repeats in the Claiming Crown Jewel and becomes a millionaire.Posted 3 days ago
  • King and His Court (8-5) flies home to win the Display Stakes.Posted 3 days ago
  • R Angel Katelyn (8-5) leads all the way in the Sandpiper.Posted 3 days ago
  • Rapid Rhythm runs them down in the Battle of New Orleans.Posted 3 days ago
  • Highway Star (7-1) is up in time to win the Go for Wand.Posted 3 days ago
  • Chance of Luck (7-2) holds on to take the Inaugural StakesPosted 3 days ago
  • Whitmore wins the 6th race at Aqueduct, his first race back since the Kentucky Derby.Posted 3 days ago

ADW's Get California Extensions

Satisfied that owners were getting as much as possible for purses from a recent state increase in takeout on some wagers, the California Horse Racing Board granted three advance deposit wagering companies one-year extensions of their licenses during its Jan. 20 meeting.


The board stopped short of handing the companies full two-year extensions, with chairman Keith Brackpool saying that there needs to be "a necessary discussion" later this year on the relationship of the ADWs to the state's racing industry.


MI Development's XpressBet and Churchill Downs Inc.'s Twinspires were all extended to Dec. 31, while the application for Youbet.com, now owned by CDI as well, was withdrawn.


During its Dec. 16 meeting, the CHRB gave the companies temporary 30-day extensions. Board members were concerned about the number of contractual agreements that were still outstanding and whether CDI, in its multi-jurisdictional hub agreement negotiations, was refusing to pay its full share to California purses as provided in last year's takeout legislation. The legislation, which authorized increases of 2% or 3% on exotic wagers, was intended to go entirely for purses.



Read More

 

comments powered by Disqus

Related Pages

Related Stories

Top Stories