Bill Nader

With Reduced Purses, Big 'Cap, Santa Anita Derby Highlight Santa Anita Stakes Schedule

The 2024-2025 stakes schedule at Santa Anita Park in Arcadia, California, will feature 79 added-money events over a total of 78 race dates, topped by the GI Santa Anita Handicap and the GI Santa Anita Derby. The Big 'Cap, worth $400,000 in 2024, will offer prize money of $300,000 this year, while the purse of the Santa Anita Derby has been cut to $500,000 from $750,000. On the flipside, the purses on offer for overnight races are above what was offered last spring and autumn, with four allowance and maiden...

[ Read More ]
GSR Reaches Wagering Agreement With Xpressbet, Elite Turf Club

Golden State Racing (GSR) has reached an agreement with The Stronach Group's (TSG) Xpressbet, allowing punters to be able to wager on Pleasanton through that particular ADW platform when racing resumes this Friday. GSR launched its inaugural 26-day Thoroughbred meet at Pleasanton Saturday, Oct. 19. But punters hoping to wager on its product through Xpressbet and the New York Racing Association's NYRA Bets were shut out--a scenario stemming from a disagreement over the fees that form a key part of a track's purses and revenues. Similarly, Elite Turf Club players...

[ Read More ]
Glatt Appointed to TOC Board of Directors

The board of directors of the Thoroughbred Owners of California (TOC) unanimously voted to appoint owner/trainer Mark Glatt to fill a vacancy on the board created by the recent resignation of longtime board member Rick Gold. After studying at Western Washington University, Glatt began training Thoroughbreds in 1995, handling a second string for his father at Yakima Meadows. The following year, he moved to Golden Gate Fields in Northern California; and in 2000 he relocated to Southern California. He has amassed more than 1,200 wins and career earnings of over...

[ Read More ]
CHRB June Meeting: Funding Fight Resolved, CAW Discussed, Elite Turf Club To Open Fiscal Books For Scrutiny

It was déjà vu all over again at June's California Horse Racing Board (CHRB) meeting. Three months after a contentious meeting that saw board members vote unanimously to give race dates to Pleasanton Racetrack for a Thoroughbred meet this fall (in opposition to the wishes of Southern California track operators), the CHRB wrestled with another weighty conundrum: How to fund horse racing in California for the next fiscal year. Ultimately, the board approved what was termed a "compromise" funding model that will see each racing association cover the "direct costs"...

[ Read More ]
Ship And Win Bonus and Maiden Dirt Bonus Return to De Mar in 2024

The Ship & Win Bonus and Maiden Dirt Bonus will return this summer for Del Mar's 85th season of racing. Entering its 14th consecutive season at Del Mar, the Ship & Win program provides an incentive for horses from out of state to race at the seaside oval by providing a guaranteed $4,000 check for any qualified runner in their first start at Del Mar. There is also a 40% bonus applied to purse winnings for that initial start, as well as any subsequent outings during the eight-week meet. As...

[ Read More ]
CHRB Unanimously Approves Plan to Make Pleasanton New Center of NorCal Circuit

The California Horse Racing Board (CHRB) voted 6-0 on Thursday to approve a dates package for the back half of 2024 that will establish the current fairs-meet-only track at Pleasanton as the new crux of a Northern California circuit. The entire state has been trying to come to grips with the looming June 9 closure of Golden Gate Fields, the lone commercial track in the region, and the Mar. 21 vote by the CHRB was viewed as a NorCal racing lifeline by the estimated 250 supporters in attendance. Those very...

[ Read More ]
Computer Assisted Wagering: Anatomy Of A Deal

A deal that Del Mar has made with a titan of Computer Assisted Wagering (CAW) provides a rare glimpse into the tremendous sway that individual players can wield over track and racing officials, the potentially lopsided economic ramifications of such deals, and the tremendous pressures that California executives are under with competing jurisdictions that enjoy purse subsidies not available in the Golden State. It also turns a spotlight onto a world largely hidden from the public eye-one that industry leaders are generally loathe to discuss publicly, and in which just...

[ Read More ]
Horse Industry Drives Huge Economic Gains Across California

Edited Press Release As California grapples with a budget deficit in the tens of billions of dollars, the horse industry has grown financially for the state over the last five years; responsible for billions of dollars in economic impact and tens of thousands of jobs, according to a report released by the American Horse Council. In 2023, the equine ecosystem provided a total value of $11.6 billion to California's economy and a direct contribution of $6.5 billion to state GDP, according to the report. This marks a significant increase from...

[ Read More ]
Computer Assisted Wagering: 101 for California Stakeholders

Last June, Pat Cummings, executive director of the National Thoroughbred Alliance and former executive director of the Thoroughbred Idea Foundation, issued a stark warning about the encroaching impacts from Computer Assisted Wagering (CAW) to the men and women trying to forge a living through horse racing in the Golden State. CAW players constitute a small group of mostly anonymous, high-volume gamblers with an outsized impact on the betting markets--including in California--due to their use of sophisticated wagering technologies and the inducements offered to them in the form of attractive rates...

[ Read More ]
Vocal Two-Circuit Supporters in Cali Come Out Firing in First of Many Expected North/South Skirmishes

The precarious, up-in-the-air future of California racing and whether or not the state can continue to support two geographic year-round circuits was made no clearer after Thursday's California Horse Racing Board (CHRB) meeting. The 3 1/2-hour session was dominated by discussion of competing North-versus-South plans that both tried to carve a sustainable path forward while underscoring the dire circumstances that face the industry with the June 9 closure of Golden Gate Fields looming like an unavoidable asteroid. Although the CHRB concluded the meeting--which featured testimony that was at times emotional,...

[ Read More ]
Moger, LaRoche, and Taboada Resign from TOC

Three directors of the Thoroughbred Owners of California (TOC) have resigned from their positions in protest of the board's co-signature on a proposal to the California Horse Racing Board (CHRB) that would concretize racing operations in South California at the expense, they say, of a potential viable racing circuit in the North. The former directors also claim the proposal was submitted without their prior knowledge. "On January 5th a letter from the TOC and the Southern California racetrack operators was sent to the CHRB requesting the allocation of race dates...

[ Read More ]
What Does Next Year Hold For California Racing?

Nearly seventy years ago, Sports Illustrated turf writer, Jim Murray, penned a love-letter to Santa Anita, and its opening day sonata of sun and sport unmatched by any East Coast oval stunned into icy retreat by the "fierce howlings of blue northers spun across finish lines." Santa Anita, Murray wrote, was an "extravagance of beauty." It was also a well-oiled money-spinner. Huge purses lured the best horses to Los Angeles, and the best horses lured the biggest crowds, their pockets brimming with the spoils of a post-war industrial boom transforming...

[ Read More ]
X

Never miss another story from the TDN

Click Here to sign up for a free subscription.