Tuesday, August 31, 2010

“Horse Racing” plus 1 more

“Horse Racing” plus 1 more


Horse Racing

Posted: 30 Aug 2010 10:20 PM PDT

Posted: August 31
Updated: Today at 12:40 AM

Horse Racing

Pocono Downs Results

Monday Aug 30, 2010

First - $9,500 Trot 1:53.4

1-Sierra's Dream (Ti Curtin) 51.60 15.40 7.80

4-Our Last Photo (Ge Napolitano Jr) 2.80 2.60

3-Deep Chip (Er Goodell) 3.00

EXACTA (1-4) $156.60

TRIFECTA (1-4-3) $1,096.20

Second - $5,800 Pace 1:53.4

7-Man With The Money (Ma Kakaley) 56.20 21.40 12.40

8-Jk Born To Run (An McCarthy) 5.80 4.40

6-Cc Make A Buck (Ke Sizer) 13.60

EXACTA (7-8) $201.40

TRIFECTA (7-8-6) $2,101.80

DAILY DOUBLE (1-7) $1,546.80

Third - $7,000 Trot 1:57.2

1-Jeanie Marie (Ma Lancaster) 4.60 3.20 2.40

7-Permanent Joy (La Stalbaum) 3.60 3.40

2-Dream Vixen (Mi Simons) 2.40

EXACTA (1-7) $17.80

TRIFECTA (1-7-2) $67.20

Scratched: Ashleys Fairytale

Fourth - $8,500 Pace 1:53.0

5-Prestissimo (La Stalbaum) 8.40 4.40 4.80

4-Extender N (Ge Napolitano Jr) 4.20 3.20

8-Must Be The Bunny (An McCarthy) 7.00

EXACTA (5-4) $35.80

TRIFECTA (5-4-8) $378.40

SUPERFECTA (5-4-8-3) $711.60

Fifth - $7,000 Pace 1:54.2

3-Shark Waves (Ge Napolitano Jr) 3.00 2.80 2.10

4-Pansai Yamamoto (An McCarthy) 4.20 2.60

1-Southwind Milo (Ma Kakaley) 2.40

EXACTA (3-4) $17.60

TRIFECTA (3-4-1) $52.00

Sixth - $8,500 Pace 1:54.1

7-Einsteins Theory (An McCarthy) 7.80 5.20 3.40

5-Remington Style (Er Goodell) 32.60 9.80

1-Vinegar Joe (Da Ingraham) 5.60

EXACTA (7-5) $286.40

TRIFECTA (7-5-1) $1,577.80

Seventh - $9,500 Trot 1:53.4

2-Pictures Of Millie (Ge Napolitano Jr) 3.00 2.80 2.20

4-Super Chuck (Ti Curtin) 5.40 4.00

7-Sand Top Gun (An McCarthy) 4.60

EXACTA (2-4) $18.40

TRIFECTA (2-4-7) $72.00

PICK 3 (3-7-2) $59.20

Eighth - $9,500 Trot 1:55.4

6-Power Drive (An McCarthy) 6.60 3.40 2.20

2-Camelot Kosmos (Ma Kakaley) 3.80 2.10

5-Lhasa Muscles (Ke Sizer) 2.40

EXACTA (6-2) $36.20

TRIFECTA (6-2-5) $128.80

SUPERFECTA (6-2-5-1) $324.80

Scratched: Tactical Advantage

Ninth - $8,500 Pace 1:51.3

1-Four Starz Melody (Ge Napolitano Jr) 4.80 2.40 2.20

5-Six Pistol (Er Goodell) 4.20 3.20

6-Mac Martini (Ho Parker) 4.20

EXACTA (1-5) $17.00

TRIFECTA (1-5-6) $134.40

Scratched: Justcallmerosie

Tenth - $5,800 Trot 1:56.4

7-S J's Reel Girl (Ke Sizer) 14.40 5.40 3.60

1-Smokey Yankee (Mi Simons) 6.40 3.20

8-Fleetwood Liz (Ma Kakaley) 4.40

EXACTA (7-1) $85.40

TRIFECTA (7-1-8) $580.40

Scratched: Swanderful

Eleventh - $14,550 Pace 1:51.2

9-Dragon's Blood (Er Goodell) 5.20 3.60 2.20

6-Bonus Miles (Ge Napolitano Jr) 4.00 2.60

1-Bugatti Hanover (An McCarthy) 3.20

EXACTA (9-6) $34.60

TRIFECTA (9-6-1) $171.00

PICK 3 (1-7-9) $135.80

Scratched: Rinestone Phantom

Twelfth - $9,500 Trot 1:54.4

9-Budget Gap (Ke Sizer) 9.00 5.60 5.40

5-Pembroke Chip (Jo Pavia Jr) 3.40 2.60

6-Marong A (Ma Kakaley) 2.80

EXACTA (9-5) $30.60

TRIFECTA (9-5-6) $137.40

Thirteenth - $9,500 Pace 1:54.0

3-Picked By An Angel (Jo Pavia Jr) 24.60 8.60 6.00

5-Kabbalah Karen B (Er Goodell) 5.00 5.00

8-Franciegirl (Mi Simons) 6.60

EXACTA (3-5) $116.60

TRIFECTA (3-5-8) $976.60

Fourteenth - $5,800 Pace 1:54.2

6-Rolling On (Er Goodell) 22.80 8.40 5.00

4-Candy's Pool (Mi Simons) 4.40 2.80

3-My Tractors Sexy (Ge Napolitano Jr) 11.60

EXACTA (6-4) $208.60

TRIFECTA (6-4-3) $1,008.20

SUPERFECTA (6-4-3-ALL) $1,244.20

LATE DOUBLE (3-6) $148.80

Total Handle-$307,418

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With Aqueduct Casino, More Horse Racing Subsidies

Posted: 31 Aug 2010 11:28 AM PDT

Chang W. Lee/The New York Times

On-site casinos, like Empire City at Yonkers Raceway, have helped to bolster New York State's foundering horse racing industry.

New York City's first casino may open as soon as next year, and for the state the timing could not be better: it is expected to generate as much as $1.5 million a day for the severely depleted state treasury, as well as an upfront payment to Albany of $380 million.

But there will be another beneficiary of the great slot machine payout: the state's foundering horse racing industry.

The new casino authorized at Aqueduct Racetrack in Queens, which would feature 4,525 slot machines, will pump an estimated $30 million or more each year into New York's racetracks and breeding operations. That is on top of $100 million a year the industry gets from the existing eight slot parlors across the state. Since the first parlor opened in 2006, the machines have produced about $400 million for the horses.

New York is not the only state that uses one form of gambling to support another. But one of the first, New Jersey, is now considering ending the subsidies for horse racing from Atlantic City. Gov. Deval Patrick of Massachusetts recently rejected a proposal to put slot machines at a track near Boston, saying he preferred stand-alone casinos that sent a greater percentage of the revenues to the state.

"For New York," said William R. Eadington, director of the Institute for the Study of Gambling at the University of Nevada, "the public policy question comes down to this: Should we spend $400 million to save racetracks or to save education and other things that are also in great need?"

New York is among 12 states that allow casinos to be installed at racetracks in an effort to revive the struggling sport. Horse owners and breeders in these states, which also include Delaware, Iowa, Maryland and Pennsylvania, say the casinos are vital to the economy: they contribute billions of dollars and, in New York, account for about 35,000 jobs, if the tally includes jockeys, trainers, grooms and the farm workers who produce hay and other food for the horses. The lush rolling hills of the horse farms provide green space and a hedge against overdevelopment, the owners and breeders say.

"The racing industry makes a significant economic contribution to the state," said Barry R. Ostrager, president of the New York Thoroughbred Breeders and a board member of the New York Racing Association, which would be a beneficiary of the slot machines at Aqueduct. "The revenue that horsemen and breeders receive from slots will enable them to upgrade facilities, to upgrade racing and to make racing more attractive."

The horse racing industry was a powerful force in Albany even before Joseph L. Bruno, who had close ties to the industry, became the majority leader in the State Senate in the mid-1990s. But Mr. Bruno, a Republican, was regarded as an exceptional ally. He rode his horse Apache in the annual Flag Day Parade in Saratoga Springs and owned a breeding operation, which eventually came under scrutiny by federal investigators and contributed to his stepping down in 2008.

"The most valuable players in the horse racing industry have been their lobbyists," Bennett Liebman, executive director of the Government Law Center at Albany Law School and Gov. David A. Paterson's appointee to the New York Racing Association, is fond of saying.

When the State Legislature approved the creation of limited casinos — video slot machines were allowed, but not table games — at racetracks in 2001, it was partly to aid education and partly to help racing by fattening purses, in order to attract better horses and more fans.

New York requires the casinos to pay out in winnings 91.5 cents of every dollar gambled. Of what is left, 44 percent is earmarked for education and 10 percent for racing: 8.75 percent for purses and 1.25 percent for breeders. Pennsylvania is more generous, providing 12 percent to horse racing, a total of $647 million since 2006.

As slots have expanded in New York, so has the payout, for both education, which received more than $450 million last year, and horse racing, which collected $104 million.

But that is not all the industry receives. Slot parlors make a profit after the fees and revenue sharing, and at the eight parlors in New York, the machines are operated by the track owners and now provide most of their income. "There should be little doubt," Mr. Liebman said, "that without the slots every harness track in New York would be out of business."

The Aqueduct slots will be operated not by the track's owner — the New York Racing Association, which also owns the Belmont and Saratoga tracks and is nearly insolvent — but by an independent company, Genting New York. Genting, part of a multinational conglomerate, has received approval from the governor and leaders of the Senate and the Assembly, and is waiting for the state attorney general and comptroller to sign off.

Despite the introduction of slots, the revival of horse racing as a spectator sport has not come. The purses are bigger and the horses are considered better, but the cars in the parking lots at most tracks belong to patrons of the slot parlors. Gamblers wagered $2.2 billion on New York horse races last year, 30 percent less than in 2003, when inflation is taken into account, Mr. Liebman said. The slot machines took in $12 billion.

"You're propping up a dying industry," said Richard McGowan, a Jesuit priest and an economics professor at Boston College who specializes in gambling. "The only thing that will revive horse racing is if you banned all other forms of gambling, and that's not going to happen."

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