Kentucky | Horse Racing Free Tips

Dale Romans Op/Ed: Historical Horse Racing a Game Changer

As a second-generation horse trainer and Kentuckian, my entire life has been spent in Thoroughbred racing. I've seen Kentucky racing at its finest, and I've seen how quickly out-of-state competition can render us increasingly irrelevant. Right now Kentucky is at the top. But it doesn't have to stay that way.

I currently have 50 employees and do business with more than 100 vendors in Kentucky alone. Without Historical Horse Racing (HHR) revenue supplementing the purses for which our horses compete, many of those jobs will have to leave the state, as will our business with all those area vendors.

People forget, but it wasn't that long ago that Kentucky racing was badly hemorrhaging amid regional and national competition for horses. As more horse owners and trainers opted to race at tracks with purses fueled by slots and casino gaming, Ellis Park's summer meet and Turfway Park's winter racing were on life support. Even legendary Churchill Downs and Keeneland struggled with a profound horse shortage. Our breeding farms suffered from an exodus of mares they'd previously boarded, leaving the Bluegrass for states with more meaningful incentives–supported by revenue from racinos and casinos– for horses foaled in those jurisdictions.

First introduced by then-struggling Kentucky Downs in 2011, Historical Horse Racing proved the game-changer for good, reversing the downward spiral for Kentucky's signature industry. HHR is not a subsidy for horse racing. It's an innovative, racing-based product that reinvests in our iconic industry. This is one of those win-win-win situations that has benefitted the whole state. It has sparked significant economic development and creates and preserves jobs.

Purses are the universal language of horsemen. We follow the money. And where our horses go, so go the jobs. American horse racing is not the sport of kings. It's the sport of thousands of stables operating as local businesses employing real people in communities across the country.

Horse racing is an extremely labor-intensive business; you're never going to automate caring for a horse. And that's a good thing. We want it to be labor intensive and give people the opportunity to work in our industry.

Because of Historical Horse Racing and combined with our quality of life and affordable housing, Kentucky is now the mecca for horsemen. Trainers and jockeys on both coasts are increasing their presence in Kentucky, if not making it their primary base. Ellis Park and Turfway's barns are full for their meets, as are area training centers. The horses occupying those stalls reflect added jobs.

Within the short period of time in which it has been up and running, HHR has completely changed the dynamics of racing on a national level, with Kentucky once more at the forefront.

This provides a huge boost for the entire economy of Kentucky, not only horse racing. Just ask the mayors and county judge executives in Henderson and Simpson counties what HHR has meant for their communities. Historical Horse Racing has brought entertainment dollars back to Kentucky, with HHR operations themselves employing 1,400 people in six cities. Our racetracks have invested nearly $1 billion the past 10 years in capital projects with another $600 million planned.

Make no mistake, that will change for the worse if the Kentucky Legislature doesn't act to protect HHR. It needs to follow the simple blueprint the Kentucky Supreme Court provided to address its constitutionality concern.

It is not hyperbole to say three of our five Thoroughbred tracks will close without HHR: Ellis Park, Turfway Park and Kentucky Downs. Harness racing will be history. Jobs will evaporate, millions of economic development and tourism dollars lost.

Whether you approve of alternative gaming or not, it is right here in our market–just across the border in Ohio, Indiana, Illinois, West Virginia and not far away in Pennsylvania. The majority of Kentucky's population can get to a casino to gamble within 30 minutes.

Kentucky's horse industry has a $5.2 billion economic impact and employs 60,000 people directly or indirectly. The commonwealth's racetracks pay more than $100 million annually in state and local taxes. Out-of-state money flows into Kentucky's coffers as a result of horse racing and its economic driver, HHR.

Do we want to needlessly sacrifice that?

It's important to have a year-round, consistent racing circuit in Kentucky. Without HHR, Kentucky racing will be an afterthought in a very quick period of time. Legislators must ask themselves: Can we afford that?

The post Dale Romans Op/Ed: Historical Horse Racing a Game Changer appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions.

Source of original post

Romans: Historical Horse Racing A Game-Changer For Good In Kentucky

People forget, but it wasn't that long ago that Kentucky racing was badly hemorrhaging amid regional and national competition for horses. As more horse owners and trainers opted to race at tracks with purses fueled by slots and casino gaming, Ellis Park's summer meet and Turfway Park's winter racing were on life support. Even legendary Churchill Downs and Keeneland struggled with a profound horse shortage. Our breeding farms suffered from an exodus of mares they'd previously boarded, leaving the Bluegrass for states with more meaningful incentives – supported by revenue from racinos and casinos – for horses foaled in those jurisdictions.

Within the short period of time in which it has been up and running, HHR has completely changed the dynamics of racing on a national level, with Kentucky once more at the forefront.

It is not hyperbole to say three of our five thoroughbred tracks will close without HHR: Ellis Park, Turfway Park and Kentucky Downs. Harness racing will be history. Jobs will evaporate, millions of economic development and tourism dollars lost.

Whether you approve of alternative gaming or not, it is right here in our market — just across the border in Ohio, Indiana, Illinois, West Virginia and not far away in Pennsylvania. The majority of Kentucky's population can get to a casino to gamble within 30 minutes.

Do we want to needlessly sacrifice that?

Dale Romans has trained in his native Kentucky since 1986, racing extensively at the commonwealth's five thoroughbred tracks and reigning as Churchill Downs' all-time win leader for 2 1/2 years until being surpassed by Steve Asmussen last June. Romans, the recipient of the 2012 trainer Eclipse Award, has won 2,076 races, including the 2011 Preakness Stakes with Shackleford and three Breeders' Cup races. He is a vice president of the Kentucky HBPA, which represents owners and trainers at the state's thoroughbred tracks.

The post Romans: Historical Horse Racing A Game-Changer For Good In Kentucky appeared first on Horse Racing News | Paulick Report.

Source of original post

Keeneland, Red Mile Announce Temporary Closure of Historical Horse Racing Operations

Keeneland Association and the Red Mile issued a joint press release Jan. 24 announcing the closure of historical horse race (HHR) gaming that the two tracks operate in partnership at the Red Mile harness track. The Sunday morning decision came three days after the Supreme Court of Kentucky ruled that it will not rehear an appealed Sept. 24 decision that told a lower court to re-examine the legality of the most crucial form of funding for purses in the commonwealth.

“We were disappointed the Kentucky Supreme Court denied our petition for rehearing,” the press release stated. “At this time, Keeneland and Red Mile have made the very difficult decision to temporarily close historical horse racing operations until there is more clarity surrounding the situation. We have confidence the Kentucky legislature will continue its efforts to protect jobs and state revenue generated by historical horse racing, as well as protect Kentucky's signature horse racing industry.”

An additional sentence was tacked on to that release on the home page of the Red Mile's website: “Red Mile will close at end of business on Sunday, January 24th. A reopening date has not been identified at this time.”

HHR handled $2.2 billion during the commonwealth's most recent fiscal year, and revenue from that form of gaming annually contributes tens of millions of dollars to the Kentucky purses. This form of gaming has been operational—but challenged by opponents in the courts as illegal—for the better part of a decade on the grounds that HHR does not meet the definition of pari-mutuel wagering.

In its September judgment, the Supreme Court ruled 7-0 that HHR machines made by Exacta Systems do not “create a wagering pool among patrons such that they are wagering among themselves as required for pari-mutuel wagering.”

Although the Supreme Court case only involves HHR machines made by Exacta Systems, whose machines are in use at the Red Mile, Kentucky Downs and Ellis Park, the gaming systems operate in broadly the same manner throughout Kentucky, meaning that a precedent established for one version is likely to affect all forms of HHR gaming.

Churchill Downs, Inc., which owns the tracks and gaming licenses associated with Kentucky's Churchill Downs and Turfway Park, has already halted reconstruction on its demolished Turfway grandstand, vowing late in 2020 not to continue until HHR's legality gets sorted out.

Although Thursday's Supreme Court decision was not entirely unexpected, it eliminated a judicial avenue for keeping HHR functional in Kentucky, making it clearer that getting HHR passed via new legislation remains the Thoroughbred industry's best path forward, according to some stakeholders.

But the Kentucky legislature only meets for 30 days in odd-numbered years, meaning that there is increased time pressure to take up the issue before the 2021 session ends Mar. 30.

The post Keeneland, Red Mile Announce Temporary Closure of Historical Horse Racing Operations appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions.

Source of original post

Fate Of Famous Kentucky Three-Day Event Uncertain

Like the vast majority of equestrian events last year, the 2020 Land Rover Kentucky Three-Day Event (LRK3DE) was cancelled because of the coronavirus pandemic. The first five-star event in North America, and one of only seven in the world, the LRK3DE has now had to postpone tickets sales for the 2021 event as the state of world health in April is still uncertain. A second cancellation of the event could lead to the end of the event and of Equestrian Events Inc. (EEI), which puts on the event.

EEI was hopeful that they could make up for some of last year's financial shortfall by hosting the 2020 American Eventing Championships (AECs) at the Kentucky Horse Park in August, but that show was also cancelled. This leaves the organization in a precarious financial position.

Though ticketholders for the 2020 LRK3DE could roll over their tickets to the 2021 event—to the tune of $900,000—a 2021 cancelation would require EEI to refund their money. EEI has received government payroll protection, an emergency disaster loan and has maxed out its line of credit, says Lee Carter, executive director of EEI. Carter says the organization is prepared to submit an application for the next round of payroll protection as soon as applications can be received.

Though the 2021 Badminton Horse Trials, held in Britain, is slated to run behind closed doors just 10 days after the LRK3DE, running without fans isn't an option for the Kentucky Three-Day. The vast majority of the event's income comes from the over 800,000 visitors who attend the event each year. The event also has a major impact on tourism in Lexington, Georgetown and surrounding cities.

EEI has produced a plan for how they intend to keep spectators and competitors safe, including limiting seating for both the dressage and show jumping phases; cross-country by its nature is socially distanced, but plans are in place for areas of the course that are notoriously crowded. The organization is awaiting a decision from both the state of Kentucky and from the United States Equestrian Federation (USEF) as to if they can host the 2021 event. USEF currently has rules in place that don't permit spectators at any USEF-sanctioned competitions.