Archives for August 6, 2020

The People’s Horse in this Year’s Kentucky Derby?

LOUISVILLE, Ky., July, 2020 /PRNewswire/ — This year’s Kentucky Derby could feature a “People’s Horse” like never before. Max Player, the Linda Rice-trained colt who currently sits 15th on the official Road to the Kentucky Derby leaderboard, is now available for a second public investment.

Prior to the son of Honor Code’s impressive 3rd in last month’s Belmont Stakes, more than 500 individual investors snapped up shares in the Triple Crown contender through SportBLX Thoroughbreds – a corporation that owns interests in several racehorses, including a 14% stake in Max Player.

Max Player also spearheads SportBLX’s latest offering, Annestes Thoroughbreds, which focuses solely on Kentucky-bred horses raised on SportBLX owner George Hall’s farm in Versailles, KY.

Hall – who owned 2011 Belmont Stakes winner, Ruler On Ice, and is the breeder and majority owner of Max Player – anticipates that more than 2,000 individual owners could be cheering the colt to win this year’s Run For The Roses on Saturday, September 5th.

“Owning a share of a horse that runs in the Kentucky Derby is the dream of millions of racing and sports fans, and we are thrilled to potentially be able to make that dream come true for so many of our investors this year,” said Hall.

In addition to racehorses, SportBLX’s technology platform enables sports fans to purchase shares in professional sports assets, including revenue-share interests in player earnings and equity interests in teams.

Max Player will next contest the Grade 1 Travers Stakes at Sarasota on August 8th.

Fans and investors have until 2:00 p.m. on August 8th, to purchase shares in Annestes Thoroughbreds via the SportBLX website. The offering is open to accredited and non-accredited investors and can be found at https://sportblx.com/offerings/annestes-thoroughbreds/.

For a video of Max Player click here

About SportBLXSportBLX is a technology platform that enables sports fans and investors to purchase shares in horse racing and sports assets via an online platform, including revenue-share interests in player earnings, and equity interests in teams. The company partners with existing brokers/dealers that distribute the securities. For more information visit www.sportblx.com.

West Virginia Derby Canceled, Horse Racing Commission Faces Financial Trouble

Once again, the Mountain State is impacted by COVID-19. Recently, the West Virginia Racing Commission confirmed the cancelation of the $500,000 West Virginia Derby.

The annual event is held at the Mountaineer Casino. This year’s running was scheduled for August 1.

Along with the derby, the $200,000 WV Governor’s Stakes was also canceled. The event was planning to run on the same date.

Mountaineer Park had intentions of holding the races without any fans in attendance. However, fears continued to grow in regards to welcoming in teams from other states.

With every horse coming equipped with an owner, trainer, and jockey, among others, there’s too much risk. Since there is no safety plan in place, the commission felt the best move was to cancel.

Commission executive director, Joe Moore, put it simply. According to the Charleston Gazette-Mail, Moore said:

“This is, in large part, due to concerns over COVID-19 restrictions.”

Another factor was the fact that the national racing schedule got moved around so much.

All three Triple Crown races were forced to change their regular plans.