Clancy: Will Racing’s Public Trust Survive The Actions Of Bad Actors?

The start of 2021 hasn't been particularly positive for the sport of horse racing, acknowledges Joe Clancy, editor of the Mid-Atlantic Thoroughbred. A quartet of incidents stand out: the Gordon Elliott photo, the suspension of jockey Alexander Crispin over weight disparities, a trainer with 45 listed medication violations on the ballot for the Hall of Fame, and a horse with two failed drug tests earning an Eclipse Award.

Racing is “at some kind of crossroads, again or still depending on how you look at it,” Clancy wrote in a recent editorial.

“At its core, racing exists because of a public trust,” he continued. “Those outside the industry need to trust that the people inside the industry are doing the right things. The questions are pretty simple.”

Those questions the public should be able to ask of racing include: Are the horses well cared for? Is the wagering above board? Are rule-breakers penalized?

Looking at the 2021 actions of just the above four members of the racing industry, those questions become harder to answer. At the end of the day, Clancy wrote, the most important question is whether racing's public trust will survive the actions of the rule-breakers and bad actors.

“That's the most important question, and I can't answer it,” he concluded.

Read more at the Mid-Atlantic Thoroughbred.

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Thoroughbred Retirement Foundation Opens Louisville Sanctuary At Chestnut Hall

A national Thoroughbred aftercare charity with more than twenty years of history caring for retired Thoroughbred racehorses in the Commonwealth of Kentucky, the Thoroughbred Retirement Foundation (TRF) will open a first-of-its kind farm designed to give the Louisville community and fans from around the world a direct connection to the horses at the heart of horseracing.

The new TRF Sanctuary Farm at Chestnut Hall will be the permanent home of 11 horses from the organization's national herd of 500 retired Thoroughbred racehorses. These “herd ambassadors” will serve as educators to tell the story of the long life and diverse second careers that await these equine athletes when their racing days are done. Located on nearly 30 acres of historic farmland in Oldham County and featuring a beautiful farmhouse restored to serve as an event venue, Chestnut Hall has been created for the express purpose of connecting Thoroughbred horses to the people of Louisville, the Commonwealth of Kentucky and beyond.

Starting mid-May, the farm will be open to the public for tours through Visit Horse Country and will be available as a unique venue for educational events and fundraisers for nonprofits across the Louisville community.

The TRF Sanctuary Farm at Chestnut Hall represents the realization of a dream of local businessman, Bill Carstanjen, CEO of Churchill Downs Incorporated. The new farm has been created as a gift to the horses of the Thoroughbred Retirement Foundation and the citizens of Kentucky. On behalf of his family and community, Carstanjen was moved to purchase the property in Prospect to protect the historic farmhouse and pasture land from residential development.

Over the course of the past year, Carstanjen has personally overseen the restoration of the 25+ acre property to its former beauty as an active horse farm. Reflecting his deep personal appreciation for the horses at the heart of the Thoroughbred racing industry, Castanjen sought out the Thoroughbred Retirement Foundation as his partner to provide a home for retired racehorses and to connect the Louisville community, broadly defined, to the majestic animals upon whom the Thoroughbred racing industry relies.

“Thoroughbred horses have enriched the lives of countless citizens and visitors to Louisville throughout history, but very few opportunities exist for the community to experience and interact with these extraordinary animals,” said Kim Weir, the Director of Major Gifts and Planned Giving for the Thoroughbred Retirement Foundation. “It is with this goal in mind that Mr. Carstanjen restored the horse farm and historic home at Chestnut Hall with the express intention of giving the gift of the horses to the community of Louisville. Together, it is our hope that the TRF Sanctuary Farm at Chestnut Hall will provide a venue for education, inspiration and imagination for many years to come.”

Tour Booking and Private events: Visit https://www.trfinc.org/trf-sanctuary-farm-at-chestnut-hall/

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Letter To The Editor: Illinois Horsemen Need To Wage Legal Battle To Save Arlington

An earlier report includes an article that says Churchill Downs refuses to discuss sale of Arlington Park for racing purposes, rebuffing several overtures by horsemen groups. They want the place redeveloped for another purpose only.

Read that aggregation from reporting by Thoroughbred Daily News here.

Isn't it time for Chicago horsemen to go to court and get an injunction against CD, which has shown total disregard for AP's horsemen and their livelihoods?

When they purchased Arlington Park from Richard Duchossois,  it was with the intent of making AP a great racetrack, expanded to include casino gambling when it became available. That ship sailed while Churchill refused to undertake the opportunity to build a casino when given, and now they want to raze yet another great historic racetrack.

Mr. D rebuilt this track from the ground up after a devastating fire in 1985. Anyone who has visited there knows it is a first class facility, with great and historic racing. The Arlington Million comes to mind, with John Henry — now demoted by Churchill to the Arlington 600K. Or the brilliant Dr. Fager's (still standing) mile world record [in the 1968 Washington Park Handicap].

Chicagoland has already lost Sportsman's Park. Hawthorne cannot carry the year-round load. It is time for the government to step in – anti-trust, anti-competition, find something to prevent yet another racetrack from being torn down.

Lament for Hollywood Park, Bay Meadows, Rockingham, Suffolk Downs, Aksarben, Hialeah, Calder, and a dozen other tracks now gone the way of the buffalo. Don't let AP be another casualty: not without a fight. CD is a merciless competitor who has forgotten its origins – more interested in making money than in preserving the industry that gave them rise.

–Frank Ingrassia, racing fan, retired software developer of handicapping products The Horse Expert and SQL Performance Analyzer

If you would like to submit a letter to the editor, please write to info at paulickreport.com and include contact information where you may be reached if editorial staff have any questions.

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Economic Indicators: Average Daily Wagering Sees Slight Decline In March

Equibase, LLC released its third monthly report of 2021 on Economic Indicators in Thoroughbred Racing on Monday, April 5. Due to the COVID-19 pandemic, Equibase has been providing monthly economic indicators advisories. The Advisory is typically disseminated on a quarterly basis to provide key metrics used to measure racing's performance throughout the year.

With the return of March Madness in 2021, the competition for a wagering dollar increased dramatically over the same period in 2020, when the tournaments were cancelled due to the pandemic. Accordingly, the average daily wagering in March of 2021 showed a 3.25 percent decline over the same month in 2020, when there was almost no competition outside the racing industry.

However, increased race days in March of 2021 (292, compared to 214 in 2020) meant that the overall wagering totals showed a 32 percent increase to $965 million.

Year-to-date wagering remains up 10.27 percent over the first quarter of 2020, while average wagering for the first three months of 2021 remains strong at 14.15 percent higher than the same period last year.

Moving forward, the continued return of fans to the racetracks could play a major role in handle, as those fans will shift from primarily ADW wagering to in-person.

March 2021 vs. March 2020
Indicator March 2021 March 2020 % Change
Wagering on U.S. Races* $965,796,545 $731,609,777 +32.01%
U.S. Purses $81,797,768 $55,774,436 +46.66%
U.S. Race Days 292 214 +36.45%
U.S. Races 2,563 1,787 +43.42%
U.S. Starts 19,452 13,919 +39.75%
Average Field Size 7.59 7.79 -2.56%
Average Wagering Per Race Day $3,307,522 $3,418,737 -3.25%
Average Purses Per Race Day $280,129 $260,628 +7.48%

 

 

1st QTR 2021 vs. 1st QTR 2020
Indicator 1st QTR 2021 1st QTR 2020 % Change
Wagering on U.S. Races* $2,766,096,277 $2,508,529,406 +10.27%
U.S. Purses $214,998,406 $205,227,651 +4.76%
U.S. Race Days 766 793 -3.40%
U.S. Races 6,702 6,616 +1.30%
U.S. Starts 52,211 51,973 +0.46%
Average Field Size 7.79 7.86 -0.83%
Average Wagering Per Race Day $3,611,092 $3,163,341 +14.15%
Average Purses Per Race Day $280,677 $258,799 +8.45%

* Includes worldwide commingled wagering on U.S. races.

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