Aqueduct Winter Meet’s Average Handle Up 16 Percent, Sees Total Wagering Of Nearly $350 Million

The New York Racing Association, Inc. (NYRA) today announced that the 2021 Aqueduct winter meet, which ran from Dec. 10, 2020 through March 28, 2021, generated all-sources handle of $349,962,356 a 4.3 percent increase over the 2018-19 winter meet.

(The COVID-19 pandemic interrupted the 2019-20 Aqueduct winter meet, forcing the cancellation of live racing from March 20-29. In addition, the 2020 Aqueduct spring meet was cancelled in its entirety due to the pandemic. Live racing on the NYRA circuit resumed at Belmont Park on June 3, 2020.)

Originally scheduled for 56 days of live racing, adverse weather conditions forced the cancellation of four cards during the 2021 winter meet. NYRA subsequently added two live race days to account for the cancellations, resulting in a 54-day meet.

Average daily handle over the 54 days of live racing was $6,480,784, a 15.9 percent increase over 2018-19, when the meet was contested over 60 days of live racing.

In accordance with New York State guidelines instituted to mitigate the spread of COVID-19, the 2020-21 winter meet was conducted without spectators and with only a limited number of owners and essential employees in attendance.

On-track handle, which includes wagering from New York residents utilizing NYRA Bets, was $24,891,692.

In January, the first floor of Aqueduct became a New York State vaccination center, where more than 100,000 doses have been distributed to New Yorkers to date.

The 11-day Aqueduct spring meet begins on Thursday, April 1, and continues through Sunday, April 18. The spring meet is highlighted by the 96th running of the Grade 2, $750,000 Wood Memorial presented by Resorts World Casino on Saturday, April 3.

The Wood Memorial will air on NBSCN as part of a live national broadcast beginning at 5:30 p.m. ET and scheduled to include the Grade 2, $800,000 Toyota Blue Grass from Keeneland and the Grade 1, $750,000 Runhappy Santa Anita Derby at Santa Anita Park.

Prior to the NBCSN broadcast, national television coverage of the Wood Memorial Day card from Aqueduct can be found on FS2 beginning at 1 p.m. ET.

For additional information, and the complete Aqueduct spring stakes schedule, please visit NYRA.com.

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Much to Like About Improving Kentucky Derby Hopeful Known Agenda

Making the Grade, which will run through the 2021 Triple Crown races, focuses on the winners or top performers of the key races, usually from the previous weekend, who could make an impact on the Triple Crown. We’ll be taking a close look at impressive winners and evaluating their chances to win classic races based upon ability, running style, connections (owner, trainer, jockey), and pedigree.

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A Graded Stakes Winner Walks Into A Bail Pen, But How Did He Get There?

A ripple went through social media in mid-March when graded stakes winner The Deputy showed up in a bail pen in Texas.

The post, from a Facebook page called North Texas Feedlot & Auction Horses, showed the 24-year-old stallion still sporting a spray paint hip number from an unknown auction, as well as his Jockey Club papers. Overnight, the post went viral alongside pleas for Thoroughbred rescues and private connections to “bail” the horse out, since North Texas Feedlot and others like it claim horses that are not bailed will be sent for slaughter in Mexico. Then, just as quickly as he'd appeared, the horse was listed as “not available,” and then the post vanished, leaving advocates wondering where he went.

Those who'd followed the saga were pleased to read the news last week that The Deputy had been purchased by his former connections and safely retired. Still, many of them also wanted to know – how did he get there in the first place?

(Read our previous reporting on the bail pen economy here.)

A horse's journey from a racing or breeding home to a bail pen operation is often murky. Horses can change hands frequently between local and regional horse auctions and livestock sales, and may also be sold or traded by horse dealers. By the time they show up in a bail pen or in need of rescue, it's often unclear how they got there. In the case of The Deputy, however, we know what his journey looked like – and it's a classic example of the bail pen economy.

On the racetrack, the Irish-bred son of Petarida (GB) raced in England during his juvenile season before being exported to the United States by Team Valor International and Gary Barber. Jenine Sahadi trained the colt to victories in the 2000 Grade 2 Santa Catalina and G1 Santa Anita Derby, making her the first female trainer to saddle a Santa Anita Derby winner. He was the second wagering choice in that year's Kentucky Derby but finished a disappointing fourteenth.

The Deputy came out of the race with a bowed tendon and was retired to stud at Margaux Farm in Kentucky. The Central Kentucky market is a tough one for stallions, and it's not uncommon for a horse to make the switch to a state with less competition if his offspring aren't well-received at the sales.

The Deputy stood four seasons in Kentucky and never sired a North American graded black type earner. He was sold to stand at Hubel Farms in Michigan ahead of the 2006 breeding season, and he became a reliable stakes sire among state-bred competition, but the downward trajectory of the state's racing and breeding program led to his sale before the 2014 season.

The last facility that advertised the stallion for service to Thoroughbred mares was Rockin' River Ranch in Winterset, Iowa.

When called in the wake of the social media furor earlier this month, Rockin' River owner Wade Feuring told the Paulick Report the stallion hadn't been at his place in five or six years. There had been dwindling interest in the horse among Iowa breeders despite his having sired Tin Badge, the state's champion 2-year-old male of 2017 and The Deputy's highest-earning runner to date. When Feuring got an offer from a Quarter Horse breeder to buy him, he thought it was a perfect fit.

“I'm of the opinion that if they can have a career doing something else, that's the best route to go, which is why we were happy when this gal bought him, because she was going to stand him, breed mares, and give him a life comparable to what he had here; as she must have for the last five or so years,” said Feuring.

Feuring said he learned the horse was in a bail pen because the Facebook page for Rockin' River blew up.

“I woke up this morning, and our Rockin River Ranch has a Facebook page, and the first thing I saw was I had 18 messages, and that's how I first found out,” he said the day after the post was made. “I was shocked to hear all this, because that name hadn't even been mentioned around here in five or six years. I called our Iowa Thoroughbred Breeders and Owners director and secretary, and told them what had happened, and how long it had been since he'd been here, and I was just shocked to hear, just like everybody else. I just thought people should know he didn't go to the kill pen from here.”

Eventually, the social media mob shifted their attention from Feuring, though not after shaming him for (they'd assumed) having a hand in the horse's fate.

Feuring had sold the horse to Jean Davenport of Afton, Iowa, who had purchased The Deputy to cross with Quarter Horses to raise barrel horses. Davenport didn't advertise the stallion because she mostly bred him to her own mares.

“My husband died just about a year ago and I've just been kind of cutting back on my horses,” she said. “I don't have enough time to do chores. I fed him, and taken care of him. I hadn't used him as a stud for over two years. I don't have time to do that, either. I just asked myself the other day, I didn't breed any mares to him last year, I might as well sell him to somebody that'll use him. He's a heck of a producer, he's in really good shape, he doesn't need to go to a kill pen.”

Davenport tapped livestock dealer Mike Gilbert to consign the stallion at the Storm Horse Auction, a mixed-breed horse and tack sale on the grounds of the Humeston Livestock Exchange near the Iowa-Missouri border.

The Deputy hammered for $425.

After the transaction, Gilbert reached out to the winning bidder, Mike Gipson.

“I'd never seen him there before,” said Gilbert. “The sale's not very far from my place, and I'd never seen the gentleman before.

“I asked him where he was going, and he said he was going to a retirement deal. That's about it, really … When they told me he was in a kill pen, I didn't believe it. I don't know a lot about the slaughter market, but they tell me they can't ship stallions. You can't put them on the trucks. I thought they were buying him to do something with him.”

Not only was Gilbert surprised, he said he was furious.

“If [the buyer had] been in my face, I'd have punched him in the mouth, to be honest with you,” he said.

The Deputy's name recognition in the Thoroughbred world meant the post from the North Texas lot spread like wildfire. One of the people who saw it was Whitney Ransom of Conway, Ark., a former exercise rider who watches bail pen pages and occasionally purchases horses to live in retirement on her property.

“I've always had a passion for Thoroughbreds,” she said. “As I got older and saw the other side of the business, it changed my opinion on the racehorse world a lot. I started becoming aware of the fate of a lot of racehorses. You have responsible owners and you have not-responsible owners. I realized it was a cruel world.

“I'll bail one a year or two a year and bring them to my house, or I'll donate to different rescue organizations to try to get them out of these kill pens.”

Ransom was told The Deputy would cost her $1,500, so she said she paid up and made arrangements to have the horse transported and quarantined. The horse's status changed to “not available” on the Facebook page. The next morning, Ransom got a call – the deal was off.

“He said he couldn't sell me the horse and he was going to have to refund my money,” said Ransom. “He wouldn't tell me where the horse was. All he would say is he sent it back where he got it from. I don't know exactly what happened, and I've been pretty upset over the whole deal.

“My first concern is that the horse is safe, but my second concern is that if they'll do this to me for more money, they'll do it to someone else.”

Meanwhile, Team Valor International's Barry Irwin had also been in touch with Gipson as his inbox filled up with messages about the graded stakes winner. Initially, Irwin was told the horse had already sold and was headed to a good home. After another day or so went by, Irwin kept getting calls telling him the horse wasn't actually bailed after all.

“I called the guy back and said, 'Look, can you just tell me the truth about what the hell's going on here? Is the horse gone?'” said Irwin. “He said, 'Nah I got the horse.' I said, 'Did you sell him?' and he said, 'I can get $1,500.' And I said, 'If I give you $3,000, can I have him?'”

Gipson did not respond to a call requesting comment for this story.

Knowing that horses often come out of the livestock auction or bail pen pipeline with profound medical problems, Irwin waited to make any public announcement that he had bailed The Deputy until he knew what he was dealing with. After a thorough veterinary exam at Thoroughbred Aftercare Alliance-accredited Remember Me Rescue, Team Valor, Sahadi, and former co-owner Gary Barber felt comfortable releasing information about the horse's status.

Irwin says he's frequently contacted about horses in a bad position. It's not unusual for racing connections to be roped into a rescue effort on a horse that hasn't legally been theirs for many years. Irwin said he usually handles the situation quietly, but the increasing fervor on social media around ex-racehorses in kill pens isn't making that task easier.

“I'm sure most of these people who I refer to as the 'rescue matrons' are good people. Their hearts are in the right place, but what they do when they start jumping up and down and that creates pressure, which makes it harder for the people like me who want to go in and do the right thing,” said Irwin. “Nobody wants to get ripped off. I've paid as much as $12,500 to rescue a horse. I paid $8,000 once. That's ridiculous, and it's only because people go nuts.”

The incident has left nearly everyone involved frustrated about the lure of the bail pen economy. Increasingly, Thoroughbreds with well-known names or large groups of Thoroughbreds shed in a private dispersal have garnered enormous attention on social media – and enormous profits for bail pen owners. Gipson made $2,575 from The Deputy alone. Gilbert and others who attend livestock auctions say horse prices are at an all-time high right now, perhaps through a combination of greater online access in the wake of COVID-19 and increased interest from people who want to divert a horse out of the slaughter pipeline – or from rescue groups or bail pens who need horses to generate cash.

“Any more, the joke is at a lot of horse sales, there's no more kill pens anymore, everything's a 'rescue,'” said Gilbert. “There was some lady there bragging that she'd gathered $15,000 to rescue horses. I watched people with riding horses put them in the loose, and they brought more than they would have brought riding.”

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British Horseracing Authority Plans Increased Regulation Of Racing Syndicates

The British Horseracing Authority (BHA) is publishing plans to strengthen the regulation of shared racehorse ownership following an industry-wide consultation completed in the autumn of 2020.

The consultation, which formed part of one of the nine key goals for British racing's recovery plan, examined the current risks and opportunities of shared ownership and how they might be addressed through enhanced regulation and improved administration.

The industry plan for shared ownership, which has been developed through consideration of the consultation feedback and further engagement with stakeholders, details 10 key measures to be introduced as part of a phased implementation plan over the next 12 months. These can be read in full below.

The measures are designed to support public confidence in Syndicates and Racing Clubs and provide a solid foundation for the continued growth of shared ownership.

Key measures within the plans include strengthening the existing Code of Conduct for Syndicates, which was originally introduced in February 2017. The Code requires that all Syndicates which advertise publicly or charge a management fee must provide Syndicate members with a contract that covers specified areas.

These areas will be extended in addition to the BHA increasing its auditing of these contracts. As part of the registration process, and then through on-going spot-checks, the BHA will annually review a proportion of contracts to ensure and monitor compliance with the Code. A Code of Conduct will also be introduced for Racing Clubs.

The BHA will also require that Syndicators disclose the percentage shares held by each member of the Syndicate. Syndicate members will be able to view their own recorded shareholdings through the BHA's Racing Administration system from early 2022.

The plans also build on the existing regulation of shared ownerships which already includes the registration of all individuals who wish to manage, promote or administer a Syndicate or Racing Club. Further information will be sought as part of the registration process to better understand the financial arrangements of each entity and, in the case of a Syndicate receiving a significant amount of prize-money, Syndicators will be asked to outline how and when this will be paid to Syndicate members.

Plans will be developed and tested with Syndicators and Club Managers, which will help ensure the processes and systems that support implementation of the measures are effective, facilitate BHA regulation and simplify ownership administration.

Throughout implementation, each phase will be communicated in advance to all stakeholders with clear lead in times, in addition to help and support for Syndicators and Club Managers in understanding and adapting to the changes.

Richard Wayman, BHA Chief Operating Officer, said: “It is vital for the future of our sport that we are able to attract and retain racehorse owners. Syndicates and Racing Clubs clearly have a pivotal role to play in those efforts.

“The consultation responses confirmed that the sport has many extremely well-run Syndicates and Racing Clubs who give their members exemplary levels of service. It is crucial that the public can continue to have confidence in Syndicates and Racing Clubs, which these measures have been designed to support.

“My thanks go to all of those who took part in the consultation and took the time to offer the feedback which has been central in devising this important package of measures.”

Charlie Liverton, Racehorse Owners Association (ROA) Chief Executive, said: “Racehorse owners contribute over £30m a month to the rural economy and whether they are sole owners, in a Partnership with friends and family, or part of a Syndicate, their retention is critical to the future of the sport.

“Shared ownership in horse racing is thriving across many racing jurisdictions and ensuring that those joining a Syndicate or Racing Club have confidence in our sport is crucial. The ROA recognises this consultation as an important piece of work to build public confidence and join what is the greatest thrill – ownership of a racehorse.”

Dan Abraham, Racehorse Syndicates Association (RSA) Chairman, said: “The consultation conducted by the BHA confirms the outstanding ownership experience available to members of Syndicates and Clubs.

“The BHA's review and strengthening of the regulations related to shared ownership should even further enhance the public's confidence. The appeal of Syndicates and Clubs is stronger than ever and the RSA welcomes the BHA's approach to provide increased protection for members as well as Syndicators and Club Managers.”

The ten new measures, which will be implemented in a phased approach throughout 2021 and early 2022, are as follows:

PHASE 1 – For implementation from May 1, 2021

  • To extend the Syndicate Code of Conduct to cover new terms, including the acquisition costs of the horses, what will happen in the case of a horse's retirement and the dispute resolution procedure;
  • To introduce a new Code of Conduct to cover Racing Clubs;
  • To require Syndicators to confirm how and when prize money received following a significant win shall be paid to members; and,
  • To facilitate the addition of Syndicate members who accumulate bad debt to the forfeit list.

PHASE 2 – For implementation in Summer 2021

  • To introduce additional questions into the Syndicate registration form to better understand financial arrangements and how upfront costs will be covered; and,
  • To begin a sustained campaign to publicise the Codes of Conduct.

PHASE 3 – For implementation in early 2022

  • To ensure all Syndicate members and their percentage shares are recorded with the BHA;
  • To allow all Syndicate members with ≥2% share access to view their ownership online;
  • To begin auditing a proportion of Syndicate and Racing Club contracts to ensure compliance with the Codes of Conduct; and,
  • To prioritise the improvement of Syndicate and Racing Club administration systems to allow for easier compliance with new regulations and a better ownership experience.

A detailed breakdown the of measures including how they will be applied and who is expected to comply, along with a summary of consultation findings, can be found here.

Detailed guidance and support for Syndicators and Club Managers can be found on the BHA website here. Guidance includes access to the new Syndicate and Racing Club Codes of Conduct along with their FAQs.

The measures focus on shared ownership in the form of Syndicates and Racing Clubs. Syndicates are a form of ownership where members of a Syndicate share the ownership of one or more horses. Racing Clubs are a form of ownership where members of a Racing Club enjoy some of the benefits of being a racehorse owner, except they do not have any ownership rights of the horse. Instead, the ownership of the horse is retained by the Racing Club itself.

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