The commission was not expected to make a decision at Monday's meeting, however, after more than 3 1/2 hours of discussion it voted 5-1 to approve HHR, effective May 21.

“We are at a critical crossroads,” Commissioner Raymond Dehn told the Star-Tribune. “There is a lot at stake.”

The Minnesota Indian Gaming Association (MIGA) and the Shakopee Mdewakanton Sioux Community (SMSC), which operates Mystic Lake Casino, both spoke against the proposal and could pursue legal action to block HHR. One sports betting bill being discussed at the state legislature, the House version, also would prohibit HHR. The current sports betting bills would allow only the tribes to conduct sports wagering.

Monday's vote would allow 500 HHR terminals at each track. A study commissioned by the tracks estimates that in its second year, HHR would generate $5.9 million for purses, plus money for the state breeders' fund, retired racehorse programs and regulatory costs.

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Additionally, Elisabeth Jensen who stepped down from that position in Sept. will serve as a consultant, assisting KEEP in managing board relations, industry stakeholders and with long-term strategic planning.

Growing up in Kentucky, Glasscock attended the College of Charleston and the George Washington University before working for nearly nine years in congressional offices and as the director of government relations for a national trade association.

Case Clay, Chairman of KEEP's Board of Directors, said, “Will's significant knowledge of the legislative process and the needs of our industry, as well as his many years with KEEP, will allow for a smooth transition and immediate success in his new role.”

The new executive director began working as a consultant for KEEP in 2017. Since then, he has taken on different roles within the organization, including KEEP's advocacy in Frankfort and Washington D.C., membership management, strategic planning and the KEEP Foundation. Most recently, he launched KEEP's Legislative Advocacy Committee, an important element in connecting individuals in the equine industry with legislators in the state's capitol.

Glasscock said, “I am honored to have been asked to take on this position for an organization that is so vital to Kentucky and to Kentucky's horse industry. Thanks to Elisabeth Jensen's leadership for the past five years, KEEP is stronger than ever and I look forward to building on the organization's success. I also look forward to continuing to work with Elisabeth in her new role and with the KEEP Board of Directors and its leadership.”

As a non-profit KEEP serves as Kentucky's equine economic advocate in order to preserve, promote and protect the state's multi-breed horse industry.

Click here to learn more about KEEP.

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As the story goes, sometime in late 1923 or early 1924, a Kentucky pastor, Rev. Dr. Thomas Settle, convinced some state legislators in Frankfort not to end legalized gambling in Kentucky by repealing parimutuel wagering, much to the relief of the Kentucky Jockey Club and other concerned horsemen. Most ministers may have taken the opposite tack at the time, but not Dr. Settle, and this made him stand out. A well-travelled Englishman who'd found his way to a small congregation on Main St. and Bell Ct. in Lexington, Dr. Settle had loved horses from youth and worked at a track early in life, and he also had personal and practical experience with gambling (which he regretted). He argued that repealing the law that made wagering at the track legal would lead to the proliferation of unregulated and illegal gambling with bookmakers, which he considered a greater evil.

Apparently his Oscar-like performance swayed enough lawmakers to put the brakes on the Bennett Bill. Dr. Settle's delivery was compelling without being over the top, and it was characterized with such words as “voiced,” “spoken,” “tell it,” “preach,” and “narrate.” For his efforts, grateful horsemen in the state and from across the country who'd heard of his defense raised money to build him a new church in Lexington, and inscribed on a plaque within its tower walls is this poignant acknowledgement: “To the Glory of God This Church Is Given to Him by the Lovers of the Horse From All Over the Country As A Token of Appreciation of Their Father's Goodness to His Children – Man.” It's dated 1926.

Religion, politics, and money have long been historically intertwined in horse racing in Kentucky, and what's actually known nowadays as Historical Horse Racing (HHR), Kentucky's equivalent to the slots that has propped up racing and breeding in other states, is very much a part of the present landscape in a state that's the center of the breeding industry in the U.S. HHR games have fueled purse monies in Kentucky to such an extent that the recent Kentucky Downs meet, for example, featured $150,000 maiden races, $500,000 Listed races, and several $1 million Grade ll and Grade lll events. HHR, to understate it, has been a boon to Kentucky horsemen, but horsemen take nothing for granted now. They know winds can change path in a heartbeat, and they have organized groups like the Kentucky Equine Education Project (KEEP) to advocate for Kentucky's most famous industry. Several of the movers and shakers behind the scenes are the younger generation like Case Clay of Three Chimneys, the chairman of KEEP, and Price Bell of Mill Ridge, a board member.

Kentucky, let's face it, is a socially conservative state, and despite its starring role in the racing/breeding industry as the home of the Gl Kentucky Derby–the most famous race in the country–and of such outstanding stallions, among others, as Gainesway's Tapit, sire of the undefeated Flightline, widely considered the best horse in training on the planet at the moment; Spendthrift's Into Mischief, sire of Flightline's chief challenger, Life Is Good; and Three Chimneys's Gun Runner, who is represented so far by a jaw-dropping six Grade l winners from his first crop of 3-year-olds, including two Grade l winners and five overall stakes winners Saturday, there's still plenty of opposition to HHR from those who view it as nothing more than a game of chance that's a contributor to moral and societal decay.

This friction between anti-and pro-gambling forces in Kentucky has existed for more than a hundred years, and horsemen have walked a tightrope protecting their interests for just as long. They're just better organized now than during the time of Dr. Settle, but, ironically, a parimutuel issue was once again at the center of the most recent storm that could have had dire ramifications. In February of 2021, HHR, which has been around for a decade, had to be legally written into law as a parimutuel game by Kentucky legislators after the Kentucky Supreme Court said parts of it were not and were therefore potentially illegal. After heated debate, both the House and the Senate passed legislation that included HHR within the definition of parimutuel betting, and it was signed into law by Gov. Andy Beshear on Feb. 22, 2021.

But Case Clay said it “came down to the wire,” and the final score–the votes to pass in both chambers were comfortable enough on the surface–didn't represent the closeness of the game.

“The HHR vote underlined the relevance of KEEP,” said Clay. “Relationship building with legislators is an important function of KEEP, and it's something we work on to advocate for the industry.”

Headley Bell, managing partner at Mill Ridge and Price Bell's father, understands relationship building. Mill Ridge threw a party on the Thursday evening after the first four days of selling at Keeneland, and guests included members of the Lexington community outside racing circles, as well as those within it. Linda Gorton, the mayor of Lexington, and Steve Kay, the vice-mayor, were also present, as were representatives of Horse Country Inc., a group of farms and businesses that provides educational tours “dedicated to sharing the stories of Kentucky's Horse Country.” Mill Ridge, with its storied history, is one of many destinations.

Dr. Settle's Dream

Oscar Performance (Kitten's Joy) stands at Mill Ridge and occupies the same one-stall stallion barn that once housed the excellent sire Diesis (GB) years ago. Oscar got his 10th first-crop winner Friday when first-time starter Dr. Settle's Dream won a New York-bred maiden special on turf at Belmont-at-Aqueduct for Byron Nimocks's Circle N Thoroughbreds. The win was particularly satisfying for Headley Bell, not only as another winner for the farm's sire, but also because he'd bought the colt for new friend and client Nimocks at OBS June for $30,000 through his Nicoma agency. And how about this? Bell is a longtime member of the Good Shepherd Episcopal Church on Main St. and Bell Ct. that Dr. Settle built, and Bell said that Nimocks's family “is very involved with the church” as well, hence the name of the colt.

Dr. Settle's Dream was bred by Scott Pierce in New York. His first two dams, Voiced, by War Front, and Spoken, by Unbridled's Song, respectively, haven't yet produced any stakes horses, but his Storm Cat third dam Tell It has a stakes winner to her credit, and his fourth dam is Preach, a Grade I winner by Mr. Prospector and the dam of the highly influential stallion Pulpit. The fifth dam is the Honest Pleasure mare Narrate. Not only that, the colt's first seven dams were bred by the Hancocks of Claiborne (the dam was bred by Claiborne in partnership with Adele B. Dilschneider), and Dr. Settle's Dream's seventh dam is Monarchy, a full-sister to Round Table. Bell was no doubt attracted to this long and deep line of Hancock mares, and perhaps their names elicited a smile when he'd zeroed in on the colt.

The gregarious Price Bell is general manager at Mill Ridge and runs the farm's day-to-day operations. I ran into him outside the Mill Ridge consignment on the Sunday before the Keeneland sale began, and we had a conversation about Mill Ridge's past. He reminded me that it was Bull Hancock who'd purchased Sir Ivor for Raymond Guest at the 1966 Keeneland summer sale, paying $42,000 for the future English Derby winner and European champion that Alice Chandler (as Mrs. Reynolds W. Bell), Headley's mother, had bred. Hal Price Headley, Alice Chandler's father, was one of the founders of Keeneland, and Bull Hancock's father, A. B. Hancock Sr., was one of its first trustees.

One thing led to another as we were discussing history and the relationships between the two families, and Price said he had an interesting article for me to read. From his phone he sent it to me right there. It was copy from the Indianapolis Sunday Star from Jan. 16, 1927, and it was about Rev. Dr. Thomas Settle and the church that he built after defending parimutuel wagering in Frankfort. Later that week when I spoke with  Headley and Price Bell at the Mill Ridge party, they convinced me to visit Dr. Settle's church the next day–on Friday, the dark day of selling. This was one week before the horse named after Dr. Settle won in New York.

The Church

Dr. Settle's dream was to build a magnificent church in the English Gothic style, and he realized that dream through the largesse of horsemen, who'd originally offered the minister $50,000 to put toward a house and car after his performance in Frankfort. As the story goes, Dr. Settle demurred and instead asked for donations to build a church for his community, and industry members from Kentucky and across the country responded heartily. One report states that the Thoroughbred Horse Association–Hal Price Headley was the organization's first president–alone raised more than $180,000. A.B. Hancock, Sr. was a big contributor, as were Col. E.R. Bradley of Idle Hour, J.E. Widener of Elmendorf, H.P. Whitney, Max Hirsch, and Charles Berryman (manager of Elmendorf), among many others.

Dr. Settle's attention to detail is evident in the structure as it stands today. The stained glass windows, for instance, are intricate, ornate, and expensive, and the museum-grade wood carvings are from Oberammergau, Germany, which is noted for its highly skilled craftsmen. (The well-known Oberammergau Passion Play's star at the time was the potter Anton Lang, who played Christ in the 1922 production. Lang toured the U.S. in 1923–he was on the cover of Time magazine that year–and brought with him craftsmen from Oberammergau who exhibited their carvings. It's highly likely that Dr. Settle saw or read about this and commissioned expensive works for Good Shepherd subsequently.)

There's a cautionary aspect to the Dr. Settle story, too. In his quest to realize his dream, Dr. Settle spent more than he had, and by the time he left Good Shepherd in 1929, he left the church so heavily in debt that it took years for the congregation to get clear.

But his dream survives as a magnificent house of worship for newer generations of Lexingtonians, and that's what matters.

It matters, too, that horsemen played a role in realizing Dr. Settle's dream.

Sid Fernando is president and CEO of Werk Thoroughbred Consultants, Inc., originator of the Werk Nick Rating and eNicks.

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It was a cold, nasty February evening in Kentucky, when the Kentucky House of Representatives took up debate on Senate Bill 120, the legalization of HHR machines. The intellectual property argument, which created HHR, was brilliant as it guaranteed revenue generated from the machines would flow through the Horsemen's purse account to supplement purse money. Lessons learned from other state's “racino” experiments were applied in Kentucky and masterly played by our industry leaders, to whom I am forever grateful.

It goes without saying, we are enjoying a boom period since the passage of HHR. Purse money is sky rocketing, handle increasing with more full fields, and investments being made around the commonwealth in our racing product. This boom period is thanks to our industry leaders and lobbying organizations who spent time in Frankfort, and across Kentucky, to secure HHR's passage, and it was not a small feat.

If you recall that night, many floor speeches were given from various representatives around the commonwealth, and many were not in favor of support. Many opposing our industry, took the opportunity to declare to their constituents why they “could not support” our industry. Many who supported the passage of HHR have since been voted out by their constituents. Let me say that again…many who voted to support HHR have since been voted OUT by their constituents. I would bet that if HHR was brought to the floor today, it would not pass…how's that for sobering.

In Kentucky alone, there are dozens of newly elected people who ultimately make the rules for our industry: HHR, taxes, workers comp, etc. Expect them to support us because “we are Kentucky's signature industry,” and know this “boom period” will quickly bust. Many who supported us, in Frankfort, have been voted out. We cannot sit idly and expect their replacements to make their same choices.

We are enjoying this period of incredible growth thanks to the tireless work of our industry leaders, however, for many years we have let too few carry our water. We are harvesting their hard work and it's time for more of us to engage. We are responsible for our future. Now is the moment to get involved.    Please join us at Midway University in Midway Kentucky on Tuesday Sept. 6, to learn how we continue to step forward towards a bright future.

To learn more please click here and RSVP to brittany@horseswork.com.

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“I believe we will get this done,” Hickman said. “We are doing a good job trying to educate people. We have three Republican Senators who own interests in race horses and another Senator owns an interest in a pinhooking partnership. They are all leaders. They are not underlings. We're working hard to make this happen.”

In March, the move to legalize the sport suffered another setback. Hickman and others were behind a Senate Resolution that, if passed, would have allowed the state's voters to decide on horse racing's future. It was expected that the voters would approve legalizing the sport but they never got the chance. The Senate voted 33-20 in favor of Senate Resolution 131, but that wasn't enough to meet the two-thirds requirement for a constitutional amendment to move forward to the House. Hickman's side needed five more votes. Religious and anti-gambling forces were able to stop the resolution. Ironically, a bill to legalize sports betting passed in the Georgia Senate by a 41-10 margin.

“We've all met people who could not handle gambling,” Senator Marty Harbin told Georgia Recorder after the resolution was shot down. “It's a health problem, because among those who are addicted to gambling, there's a high suicide rate as well that goes along with that.”

When Hickman, a certified public accountant who entered the State Senate in 2020, took office he was an obvious choice to lead the push to legalize racing in Georgia. He's been around horses since competing in barrel races as a child and owns nine horses in various partnerships, plus two yearlings and two broodmares. He also pinhooks four or five horses a year.

“I love this stuff,” he said. “Racing is my passion. I'm not just somebody sitting on the sidelines saying this is something we have to do. They were always trying to get someone in the Senate or in the General Assembly who understood racing and was willing to push for it. Now they have someone in the Senate who understands the sport and the benefits it would bring to the state.”

Those benefits include 8,500 jobs and the creation of a $1.28-billion industry, the numbers Georgia Southern University came up with after being brought in by Hickman to conduct an economic impact study.

“As much as I love racing, if it doesn't make economic sense for Georgia I don't want to do it,” Hickman said. “We did the economic impact study to make sure this would be good for Georgia. I need for it to make business sense. The 8,500 jobs, that's more jobs than Lockheed Martin, more jobs than Chick-fil-A, more jobs that Synovus Bank. So, it's a big, big deal.”

But for those for numbers to pan out, racing in Georgia would have to be a success. The easiest way to make that happen would be to allow the tracks to open casinos. Hickman said that's not going to happen because he knows that would doom the effort to bring the sport into the state. He also said there are also no current plans to push for Historical Horse Racing Machines.

“Around here, 'casino' is a bad word,” he said.

But he acknowledges that racing would need an alternative revenue source to make it. What that might be? He's not sure.

“We would need something else to provide money for the purses and we are working on that,” he said.

Another issue is who would put up the money to build a racetrack if doing so didn't include opening a casino or, at the very least, having the HHR machines? Hickman said there are companies willing to invest in Georgia racing.

The Georgia Southern study explored having three tracks in the state, the largest of which would be in the Atlanta area. Another track could be built in the Savannah area.

“Georgia's biggest industry is agriculture,” Hickman said. “This would be a huge boost for our agriculture industry. It will take a while to build up the industry, but I see us having the type of purses where a maiden race would go for $65,000. We have 11 million people in Georgia and 5 million in the Atlanta area. Kentucky only has 4.5 million people.”

Hickman is in the process of collecting names of those in Georgia who take part in the Thoroughbred business and/or want to see the sport come to the state and is encouraging those people to reach out to him at Billy.Hickman@senate.ga.gov.

“We are in the process of developing a data base of supporters as a defacto petition to show the Georgia Legislature the ground swell of support behind this initiative,” he said.

His supporters include prominent owners and Georgia residents Dean and Patti Reeves, who have been at the forefront of the effort to bring racing to the state. Dean Reeves is a board members of the Georgia Horse Racing Coalition, an advocacy group trying to bring horse racing to Georgia.

As involved as Hickman is in the sport, he isn't contributing to the Georgia economy. His horses are bred in and foaled in either Kentucky or Florida. He sells his horses in Ocala and in Lexington and races up and down the map, but not in his home state.

“I purchased my first Thoroughbred at the Ocala Breeders' Sales,” he said. “Since then, my wife and I have bred, trained, raced and pinhooked many Thoroughbreds. Unfortunately, those dollars are being spent in neighboring states that have legalized pari-mutuel betting on horse racing.”

That's something he'd like to change. Hickman will reintroduce a resolution to legalize the sport when the State Senate reconvenes early next year. In the meantime, there will be some campaigning and some arm twisting.

“I am confident we will see there be horse racing in this state.” he said. “And that will be good for horse racing and good for Georgia.

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Representative Adam Koenig, whose district in Northern Kentucky is near Turfway Park, is a primary sponsor of the bill, which also has the capacity to significantly increase revenue to the state General Fund while allowing horse racing to thrive.

“In a couple of years, we're looking at a $27-million increase, probably at a minimum,” Koenig told the committee, noting that's in addition to the $62 million projected to flow to the state from pari-mutuel taxes in 2022. “So the money is coming in from the industry. I think I found some creative ways generating additional money without hurting the product.”

The bill is the product of last year's legislative interim task force on pari-mutuel wagering that was chaired by Koenig and Kentucky Senate Majority Leader Damon Thayer, a long-time supporter of the Kentucky racing industry. Created following the passage of legislation that protected Historical Horse Racing (HHR) in the state, the task force was charged with identifying ways to increase state revenues without negatively impacting purses and without discouraging racetracks from investing in HHR operations and associated capital projects.

Penny Breakage A Positive Development…

A key element of HB 607 is the virtual elimination of so-called breakage, where tracks round down winning payoffs to the nearest dime based on a $1 wager. Under HB 607, tracks would be required to pay off to the nearest penny, resulting in greater amounts of money returned to horseplayers. Koenig cited the example of 2018 Triple Crown winner Justify paying $7.80 to win in the GI Kentucky Derby, a figure that would have been $7.92 with penny breakage.

“That is the bettors' money,” Koenig said. “I've been very interested since last year's HHR debate in making sure the bettors are taken care of. We took care of everyone else. Everyone is getting healthy on this except for the bettors, and this is how we're going to help the bettors. They're going to get paid to the penny rather than every 20 cents. In addition to taking care of the bettors, it will make Kentucky the place in North America to wager. If you're someone who wagers a lot of money, why would you bet anyplace else?” (Click here to watch Adam Koenig on a recent episode of the TDN Writers' Room podcast).

Also easily passing the “L&O” committee Wednesday were bills that would legalize betting on sports in Kentucky and provide funding for problem gambling.

Additionally, HB 607 calls for the taxation of pari-mutuel wagers at 1.5%, the same rate assessed for HHR gaming. The bill raises the current rate for bets placed through ADWs from 0.5%. The tax rate on simulcast wagers placed at a Kentucky track on an out-of-state race would drop from 3%. The majority of bets are now placed through ADWs, while simulcasting has shrunk considerably as horseplayers opt for the convenience of wagering online.

KTDF Supplements Expanded…

Currently, money from the Kentucky Thoroughbred Development Fund (KTDF) is restricted to non-claiming races, but HB 607 cancels that stipulation, a policy change that has been strongly advocated for by the Kentucky HBPA in an effort to raise purses for the lower-level races in which many horsemen compete.

Rep. Al Gentry, a member of the pari-mutuel wagering task force, called making claiming races eligible for KTDF supplements “very, very important and one of the big pieces of the bill.”

Given that HHR has helped Kentucky to be in a position to offer some of the highest purses in the world, and with HHR revenue expected to grow with the expansion of satellite facilities, HB 607 also stipulates that after KTDF money reaches $40 million and the Kentucky Standardbred Development Fund its $20 million in a year, the rate going to purses would decrease, with the difference channeled to the state's General fund.

“We believe in two or three years, when the Historical Horse Racing facilities are more mature, that we're looking at $20 million additional in the General Fund,” Koenig told the committee. “The increase in the ADW tax from one-half to 1 1/2% will immediately generate $4 million a year. That's the growth area, so that will continue to go up over time.”

Chair @repkoenig talking to press following successful Committee votes including pari-mutuel tax and breakage reform. pic.twitter.com/hACv8RpbrW

— Pat Cummings (@PatCummingsTIF) March 16, 2022

The bill also:

• Provides funding to the equine programs at the University of Kentucky and Bluegrass Community and Technical College. The University of Louisville business school's Equine Industry Program already receives funding from pari-mutuel wagering.

• Eliminates the 15-cent per person admission tax racetracks currently pay even if they don't charge admission (which is every track except Churchill Downs and Keeneland).

• Requires tracks to maintain a “self-exclusion” list–where individuals such as problem gamblers can say they don't want to be allowed into a track or HHR facility for a given period of time–to be shared with the racing commission and the other tracks and HHR properties.

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Representative Adam Koenig (R), who oversaw the task force with Senate Floor Majority Leader Damon Thayer (R), plans to instead devise legislation that would standardize the many different tax rates on different types of wagering, including a potential raise in the taxes on advanced deposit wagering.

“I'm trying to thread the needle between those who want an increase and those who want to do nothing,” Koenig told the Herald-Leader. “But I'm trying to thread it so we can generate more income.”

Other task force recommendations include losing the admission tax, evaluating the legalization of sports wagering, and donating a portion of historical horse racing proceeds to college equine programs.

Read more at the Lexington Herald-Leader.

The post Kentucky Legislative Task Force Won’t Recommend Raising Taxes On Historical Horse Racing appeared first on Horse Racing News | Paulick Report.

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The Economic Impact Analysis identified the positive impact to Southern Oregon over the next 30 years, including: 

• $10.7 billion in net new spending 
• $3.6 billion in net new earnings 
• 2,007 net new full-time jobs 
• $361.9 million in tax impact to Oregon 

HSP conducted market research and interviews with representatives from local, regional and national organizations to understand the horse racing industry and its impact through three primary components: Grants Pass Downs and the Flying Lark, fair meets, and horse-related spending. The study was designed to determine the economic impact of the horse racing industry in Oregon with the Flying Lark in operation and determine the value of the Flying Lark and Grants Pass Downs within the industry in Oregon. 

“The local community was surprised to learn of the significant economic impact the horse racing industry had in Oregon back in the 2012 economic impact study,” said Randy Evers, President of Grants Pass Downs. “While horse racing struggles to survive in other states, today the vision of leaders at both Grants Pass Downs and The Flying Lark will be a major factor for economic growth and stability, most importantly for Southern Oregon, but also the entire state.”

The study discloses the positive impact as industry-changing. The Flying Lark has the unique opportunity to create a legacy, putting Grants Pass and the Josephine County Fairgrounds on the map as a year-round destination. In collaboration with Grants Pass Downs, together they will help restore the horse racing industry, including horse owners, trainers, veterinarians, jockeys, and a wide range of partners, vendors, and suppliers across Oregon. There is a positive cycle of spending and impact between gaming and horse racing.  

Historic Horse Racing (HHR) revenues will supplement the industry, including:

• Larger purses from pari-mutuel wagering, 
• Boosted interest in the sport due to greater race quality, 
• Rising visitation stemming from growing interest, 
• Improved foal crops as horse ownership becomes more profitable, and
• Overall positive trends within the industry. 

“The Flying Lark will have a substantial impact on Thoroughbred breeding in Oregon,” said Lynnelle Fox Smith, Executive Director for the Oregon Thoroughbred Owners and Breeders Association. “By knowing the purses will be sizable and the facility will be successful, breeders will continue investing in broodmares, stallions, and breeding to support Oregon's agriculture.” 

The Flying Lark was founded by Grants Pass Native, Travis Boersma, with a commitment to horse racing and Southern Oregon, opening in the winter of 2021.  The 35,000 square-foot destination has something for everyone; including Jacks, a full service family restaurant, Longshots sports bar, the Winner's Circle bar located in the center of the state-of-the-art historical horse racing (HHR) terminal floor, based on pari-mutuel wagering, and banquet facilities. 

Known for its beautiful natural scenery, parks, outdoor recreation, and wineries in Southern Oregon, The Flying Lark will also open The Wonder Walk. This world-class equine-based art walk will beautifully surround the facility and feature pieces by regional artists that celebrate horses' majestic nature, power and beauty. 

About The Flying Lark 

Proudly from Grants Pass, Oregon, The Flying Lark is Southern Oregon's premier  gaming and entertainment destination, including an inviting family culinary dining  experience and the inspiring Wonder Walk outdoor art display, featuring regional artists.  The Flying Lark, named after one of the most famous stallions in Oregon's history, was  designed for our customers, community and team members to celebrate the past, present and future, with the magic and beauty of horses. For more information and  regular updates, visit: TheFlyingLark.com 

The post Economic Analysis: HHR To Help Grants Pass Downs Have $10.7 Billion Impact Over Next 30 Years appeared first on Horse Racing News | Paulick Report.

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In Kentucky, HHR machines have recently been classified by the legislature as a form of pari-mutuel wagering after a court ruling questioned their legitimacy from a state constitutional perspective. The reclassification allows HHR machines to continue to operate and racetracks and gaming centers across the state plan to expand the number of machines.

Using Kentucky Horse Racing Commission reports of monthly revenues from 2016 to 2021, the graph below shows the trend in the contributions in gross revenues – or handle – per month for all HHR machines in the state. The upward-sloping trend line reflects gross revenues per day per machine.

According to this data, each machine contributes an average of $143,000 per month to total gross revenues. Payouts to customers usually are at least 90 percent of gross revenues, leaving $14,300 profit per machine per month.

With the low labor and maintenance costs that accompany HHR machines, it is easy to see why racetracks and gaming centers in the state want to add more of these machines.

According to recent press reports, Turfway Park in Florence, Ky., and Derby City Gaming in Louisville plan to add approximately 2,000 machines combined over the next several years. According to the information above and holding all else constant, such machines could earn Churchill Downs (the owner of Turfway Park and Derby City Gaming) around $286 million more per month or $3.4 billion per year. At a tax rate of 1.5 percent, this increase could produce around $51 million in tax revenues for the commonwealth per year.

All data is adjusted for and accounts for reduced operating hours in 2020 due to COVID-19 restrictions and precautions.

The post Historical Horse Racing Trends: Proposed Additional Machines Could Earn CDI $3.4 Billion Per Year appeared first on Horse Racing News | Paulick Report.

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It's different, to be sure. Once an obscure little meet quietly contested at a track called Dueling Grounds in a small town on the border with Tennessee, much closer to Nashville than Kentucky's big cities, Louisville and Lexington, it has flourished, gotten noticed and embraced. This year it features six graded stakes, three of them with $1,000,000 purses. Two of them are part of the Sept. 11 program with five graded stakes card and are Breeders' Cup “Win and You're In” races that will be broadcast live on Sept. 11 on NBC.

The season opens Sunday and continues with the second program on Labor Day.

Following an off day Tuesday, the meet rolls on with programs Wednesday, Thursday, Saturday and Sunday over the undulating 1 5/16 miles course. Post time is 12:20 p.m. Central.

“All signs point to a spectacular meet,” said Ted Nicholson, Kentucky Downs' Vice President for Racing. “We think jockeys will be thrilled with the extensive renovation to our turf course. We know horseplayers love our full fields and large betting pools. For the final four days, Kentucky Downs will be the center of American racing, and we look forward to putting on an outstanding show.”

Horsemen know all about the purse money available, the highest daily figures in North America, and fill the entry box for the six-day season contested over eight days.

“The most difficult thing about Kentucky Downs is getting in the races,” trainer Al Stall said.

Grace Clark photo

Reacting to the demand this year, track officials have split a pair of races. When there were 31 entries for a maiden special weight race for 2-year-old fillies on opening day, it was divided into two full 12-horses divisions, with a total of seven on also-eligible lists, and bumped the program from 10 to 11 races. The $400,000 listed TVG Stakes on Wednesday drew 21 entries and it was split into two divisions, both with $400,000 purses.

Horseplayers relish the large fields, the lowest blended takeout rates in America and big payouts. In 2020, with no fans on track, the all-sources handle for the first six-day meeting was $59,828,441.

Track officials market Kentucky Downs as a bettors' paradise. The $2 win payoff average of $16.73 keyed strong returns in exotic wagers. According to the track stats, last year's average return for a $1 exacta was $65.32, the $1 double average payout was $75.99, the 50-cent trifecta average was $269.20, the 50-cent Pick 3 averaged $374.06, he 50-cent Pick 4 average payoff was $3,295.88. and the average payout for the 50-cent Pick 5 was $23,076.

Ken Kirchner, the Director Wagering Development at Kentucky Downs, spent many years in that role with the Breeders' Cup. He said the meet is distinct in America because its large fields are made up of horses from across the country.

“One of the highlights for handicappers and for fans is that you get this amalgamation of horses from different racing circuits around the country that you normally only get at a meet like the Breeders' Cup,” Kirchner said. “When you have more than $2 million a day in purses, not only are your stakes races this mix of New York, Kentucky, Florida, California and other horses, you have that in the maiden and allowance races across the board. It's just a fascinating exercise for the handicapper to say, 'Gosh, I can find great value every single race of this meet.'”

Average Purses on Opening Day $218,890

In the decade since the pari-mutuel electronic gaming machines, now called Historical Horse Racing (HHR), were approved to fund purses at the track, the daily average purse has skyrocketed from a nondescript $25,600 in 2011. The average purse for the 11 races on opening day is $218,890.

Earlier this year, the HHR program survived a serious challenge in the Kentucky legislature to the legality of the 3,625 machines in the state. If the HHR pari-mutuel gaming bill had not passed in the legislature, the track likely would have closed.

The three $1 million races are part of the $10 million that is available in the 16 stakes scheduled during the meet. Including that stakes money, purses total $15,259,400. The is a notable jump from the $11.69 million in purses in 2020. The meet's overnight races – maiden, allowance and claiming – are scheduled to average $876,000 a day.

On Aug. 9, the track announced an eight percent increase in the purses for non-stakes races, except the four $100,000 starter allowances that are qualifiers for the Claiming Crown at Gulfstream Park in December. Maiden special weight races for Kentucky-breds carry a purse of $135,000; first-level allowance races $145,800 and second-level allowance races $156,600. By comparison, the maiden and first-level allowance purses are about double the purses Sunday for similar conditions at Del Mar, while the maiden special weight purses at Saratoga are $100,000 and the allowance purses are $103,000 and $105,000.

Two-time Grade I winner Got Stormy (Get Stormy) is the headliner in the six-furlong $1 million FanDuel Turf Sprint where she will face males again. She earned her second win over males in the GI Fourstardave on August 14. No filly or mare has won the Turf Sprint, which was first run in 1998.

Got Stormy has won 12 of 30 starts, with five seconds and three thirds, and $2,398,403 in purse earnings. In addition to her Fourstardave victories, Got Stormy has finished second four times against males in Grade I stakes in New York, California and Canada.

In the Turf Sprint she is expected to face the Bill Mott-trained Casa Creed (Jimmy Creed) in third consecutive race. Casa Creed picked up his first Grade I victory in the Jaipur on June 5 while Got Stormy was fifth. Got Stormy surprised in the Fourstardave at 12-1 and Casa Creed was third.

Donegal Racing's Arklow will try to become the first three-time winner of the $1 million Calumet Turf Cup. He won the race in 2018 and 2020 and was second in 2019. Arklow is expected to face Calumet Farm's Grade I winner Channel Cat (English Channel) and the 2019 winner Zulu Alpha (Street Cry {Ire}).

Bloom Racing's veteran Snapper Sinclair (City Zip) will race at the track for the fourth time when he starts in a division of the TVG Stakes on Wednesday. He has won two stakes at the track and last year finished second in the race now called the Mint Million Mile.

“We always look forward to-actually point our stable to-this boutique yet premium meeting at Kentucky Downs, said owner Jeff Bloom. “It's unique and charming and it doesn't hurt that that it provides incredibly lucrative purses.”

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