Horse Racing Ends as Marquis Downs will be permanently shut down. Casino Lives On

Saskatchewan’s horse racing community is in shock after Saskatoon’s Prairieland Park announced it is permanently cancelling horse racing [in Canada].

“For Prairieland to shut the future of horse racing in Saskatchewan down is numbing,” said Eddie Esquirol, president of the Horsemen’s Benevolent and Protection Association and the owner of 30 race horses.

“There’s 500 people involved in the industry.”

Esquirol said 40 to 50 per cent of people in the industry in Saskatchewan are Indigenous.

He said people are going to be forced to relocate to Manitoba or Alberta if they want to continue with horse racing.

“It’s a real gut punch for the horse racing industry in Saskatchewan,” said trainer Anita Gardipy.

Gardipy’s family has been training horses for many generations.

Will Horse Racing Survive in New Mexico?

New Mexico horse owners struggle with no racing at Sunland ParkNM Horse owners struggle with no racing at Sunland Park

The entire racing season at Sunland Park was officially canceled on Feb. 18 after being on hold for months, and it has now forced many horse owners trainers to reassess their situation.

Some have chosen to make the tough call and move their entire stable elsewhere to ensure their livelihood and that of their staffs.

Others have chosen to stay put because moving would cost too much money. In turn, they’ve had to sell some horses to keep others fed and stay afloat.

“If we were to have ran our full meet, they wouldn’t have made any money here,” said Rick Baugh, the general manager of Sunland Park Racetrack and Casino. “There just wasn’t enough purse money to go around.”

The driver of purse money is the casino and because it had been closed until just recently, the purse money was very limited.

According to Baugh, it was at an approximate $1.4 million, which wouldn’t go very far at Sunland Park…

I wonder… is the casino open?

Single-game betting worries Canada’s horse racing operators

“Horse-racing wagerers that would access fixed-odds betting will move away from the Canadian parimutuel pools,” said Woodbine Entertainment Group CEO Jim Lawson. “This will dramatically cannibalize the Canadian horse racing industry’s market share, and these operators would earn their revenue without contributing to the substantial cost of producing our content.”

Canada’s legislators are looking to pass an amendment to the Criminal Code that would legalise single-event sports betting in the country.

Single-game betting is currently illegal except in horse racing, and betting on other sports is more centered around several games at a time. Bill C-218 was proposed by Conservative MP Kevin Waugh and would allow gamblers to bet on single games in other sports. He also says it should help with illegal gambling.

While horse racing operators tentatively support the bill, they released an address to the Government where they asked to ensure the horse racing industry and its 50,000 jobs would be protected.

Another concern is fixed odds. Generally, odds in horse racing fluctuate until the horse leaves the starting gate. If other operators, such as casinos, start accepting wagers on horse races, it’s more than likely their odds would be fixed, which might make them more appealing to the player.

South Sioux City horse race track to offer gambling

SOUTH SIOUX CITY, Iowa (KCAU) – After decades of rejecting casino gambling, Nebraska voters overwhelmingly approved measures [election day] to allow it at state-licensed horse racing tracks.

There’s been some hurdles along the way for those in favor of legalizing gambling in Nebraska. Back in September, opponents fought hard to keep the issue off the ballot, filing a lawsuit that was rejected by the Nebraska Supreme Court.

“It was a big accomplishment even getting it on the ballot and then once it got on there it approved vary easily and that tells me just looking at it that people are okay with it and are approving it,” said South Sioux City Mayor Rod Koch.

In Nebraska, only limited forms of gambling are currently available like keno.

The initiative passing Tuesday night changes that. The state constitution will now allow slot machines and table gambling at horse tracks in Nebraska…

The Paddy Power Gold Cup; A Look at The Meeting’s Most Prestigious Offering

Sponsorship changes, a comparison it may never win, yet the Paddy Power Gold Cup continues to be a cornerstone event on the horse racing calendar and at the Cheltenham racecourse.

 

Formerly the BetVictor Gold Cup after Paddy Power pulled its sponsorship in 2015, before returning, the Paddy Power Gold Cup stands atop the features of The November Meeting held at Cheltenham. A foretaste of the bigger and more acclaimed Gold Cup run in March, at The Festival, the Paddy Power Gold Cup is the perfect opportunity for young riders to put the world and the rest of the pack on notice, as veterans look to hit their stride as the jump race season kicks off. For those of us looking for some flutter and action, the betting halls of Cheltenham may not be open due to the health pandemic, but finding the best offers for online horse betting has never been easier. Now, back to that Paddy Power Gold Cup.

 

A Grade 3 race, with a distance of 2m4f and heavy going, the Paddy Power Gold Cup lets 18 riders push through the chase for a 160,000 GBP prize money that is the biggest purse of the event and quite the jackpot for a Grade 3 outing. Around, since 1965, the Paddy Power Gold Cup precedes The November Meeting event, which only started in the year 2000. It is run on the second day of the event, known as Paddy Power Day, and is the star attraction of the tournament. Over the years, favourites have not really fared all that well, with horses outside the top three odds winning a majority of the races since 2002. But if you think this means the big names do not stamp their authority, then you thought wrong, as the top trainers flock in and almost always have their hands on the prize. Naunton trainer Nigel Twiston-Davies, and his son and rider Sam Twiston-Davies, have both won twice in the last ten years, doing it in 2010 as a father-son trainer-rider duo, with Little Josh. National Hunt trainer Paul Nicholls OBE, has also done it twice recently in 2012 and 2014, while David Pipe is still looking to emulate the kind of success his father Martin had.

 

At last year’s race, Happy Diva, jockeyed by Richard Patrick and trained by Kerry Lee, took the race at odds 14/1. While the official participants’ list is yet to be declared, punters can still expect a decent return on the offers and should not be against making bold picks, as this is not really a kind race to favourites. Looking past any return winners should not out of place, as history does not really favour them and is not even a common occurrence. A good look at the trainers is a good gauge of how well a horse will do, however, and of course a fair bit of luck.

Pennsylvania Horse Racing handle drops by more than 10% in 2019

Pennsylvania Gaming Control Board released the Annual Racetrack Casino Benchmark Report detailing the impact of Pennsylvania casinos on the Commonwealth’s horse racing industry. The report is now available for download from the PGCB’s web site https://gamingcontrolboard.pa.gov.

The report includes and compares information from calendar year 2019.

The taxable handle generated by Pennsylvania’s six race tracks dropped by more than 10.7% in 2019 to around $300 million, the report shows, a decrease of more than $36.1 million from the previous year.

The taxable handle has dropped every year since the reporting began. In 2006, the taxable handle from all tracks was just under $976 million.

That means handle fell by more than two-thirds in 13 years. The taxable handle was cut in half by 2013 when it dropped to $480.6 million.

That’s not unique to PA, the report notes, and is due to a decreasing demand for retail horse betting.

Indiana Horse Racing Commission Approves Eldorado-Caesars Merger

The $17.3 billion merger between Eldorado Resorts and Caesars Entertainment was approved by a second Indiana regulatory agency.

The Indiana Horse Racing Commission approved the pending merger Monday, just three days after the deal also gained the green light from the Indiana Gaming Commission. With the Indiana agencies giving their consent to the deal, only New Jersey remains as the last state that has yet to approve the merger, as reported by Reno Gazette Journal.

The Indiana Gaming Commission is requiring Eldorado and Caesars to sell three of its gaming properties in the state as a condition for its approval. On Monday, Eldorado CEO Thomas Reeg confirmed it will sell the Horseshoe Casino in Hammond to a new operator by the end of the year. He told members of the Indiana Horse Racing Commission that … more:

5 Most Popular Casino Games In 2020

The gambling websites’ popularity has increased tremendously within the past decade – and for a good reason. For Portugal in particular, this comes as an abundant source of income. In fact, online gambling contributes to 0.05% of the total GDP of a country. Casino Games In Portugal both online and offline are completely legal, licensed, and regulated by the RISGTP administration or Regulatory and Inspection Services of Games and Tourism of Portugal. With so many alternatives, it can be difficult to decide on the most suited games. To help you out, we have created a list of the leading casino games in 2020. You may now scroll down and have a look at the quick casino guide!

Roulette

Roulette is one of the original gambling games, having been loved and adapted by people all across the world for many centuries. It is a board game and just like slots also a ‘Perfect Information’ game. This means there’s not a ladder of skill to climb, but knowing how to place the bets becomes more important. Some people who gamble do give this game a bad name, but that’s largely due to having a limited understanding of the right strategies to play.

 

Blackjack

Finally time for the best card game ever; Blackjack! It is the perfect game for social gamblers who are familiar with card games, whether that be through growing up with them or viewing tutorials online. The objective of the game is to get as close as possible to 21 without going over. Blackjack has a huge following of loyal fans because it’s relatively easy to learn and it provides a level of skill so you don’t have to rely on luck alone. You can actually improve your chances at blackjack by practicing and applying different strategies.

 

Baccarat

Baccarat is another card game which is very popular in Asia and especially China. It goes fast to learn how to play since you only bet on 3 outcomes; either win for the Banker or the Player, or it can end in a tie. Learning the basics is easy but it requires practice to perfect the game. I recommend you spend a little more time getting to know how to play the game.

 

Craps

Craps is just like Roulette a ‘Perfect Information’ game. Some bets require certain rolls before they can become winning or losing bets, thus reassuring strategy. Craps is one out of a few casino games where you can become friends with your opponents because you can choose to play with or against your opponents. Also, if you are a big fan of Hollywood movies then you’ve most likely seen it in Ocean’s 13, James Bond Diamonds are Forever and on A Bronx Tale.

 

Three Card Poker

A highly popular casino table game, three-card poker lets you have a great control over the game’s final outcome. It’s also a game with great odds and several potentially profitable side bets. Invented in the 1990s, three card poker seems pretty low key but it’s one of the best casino card games.

 

FanDuel May Purchase Fairmount Park Racetrack, Gain Immediate Sports Betting Access

Multiple sources have confirmed to Sports Handle that growing U.S. sports betting juggernaut FanDuel Group is in talks to purchase the Fairmount Park Racetrack in Collinsville, Ill., in the St. Louis metropolitan area. The reason? It’s a workaround for the application fee and would allow FanDuel, which would otherwise have an 18-month waiting period before it could launch its mobile sportsbook in Illinois, a chance to go live sooner under its own brand name.

The timeline for a purchase is unclear, but talks are well underway and FanDuel Group (Betfair Interactive US LLC) already applied for a management services provider license with the Illinois Gaming Board. The fee for this license is $1 million. Fairmount Park has applied for an organization license, which has a $10 million price tag.

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PA Governor proposes using Funds from Horse Racing to help with college tuition

“Three years ago the governor signed a bill to create that trust fund that couldn’t be touched, and now three years later he’s coming back and taking $200 million out of 250 dollars. All those jobs would be lost, all these horses would have to be re-homed, the economy would be devastated.” ~ Kim Hankins, the executive director of Meadows Standard Bred Owners Association

WASHINGTON, Pa. — Pennsylvania Gov. Tom Wolf is proposing to cut $204 million from the Race Horse Development Fund and moving it to help college students with tuition.

The governor says the money would support the Nellie Bly tuition program, which provides financial assistance to targeted full-time students who agree to stay in Pennsylvania for the same number of years for which they receive the benefit.

Governor Wolf tells Channel 11′s Cara Sapida that the legislature would need to approve the transfer of the tax dollars going to purse winnings for owners, trainers and jockeys, and redirect them to this scholarship program.

Pete Peterson, executive director of the Pennsylvania Equine Coalition, told Channel 11 that money in the Race Horse Development Trust Fund comes from an assessment paid by casinos on their gross terminal revenues from slot machine gaming. The legislature noted in the 2017 Race Horse Industry Reform Act that the money isn’t funds of the Commonwealth and that the “Commonwealth shall not be rightfully entitled to any money” in the RHDTF.