Bill Nader

In the second installment of the TDN Business Hour, the conversation focused in on one of the most vital components of the racing economy in America today: the reliance on casino-funded purse subsidies. Host Najja Thompson, Executive Director of the New York Thoroughbred Breeders, explores these questions with Louis Cella, Damon Thayer and Bill Nader.

In the second installment of the TDN Business Hour, the conversation focused on one of the most vital components of the racing economy in America today: reliance on casino-funded purse subsidies. While states like Kentucky and Arkansas have seen a revitalization fueled by gaming revenue, other jurisdictions face an uphill battle. From the ongoing quest for subsidies in California to the defensive front against decoupling in Florida, the industry is at a crossroads. What are the long-term benefits of these subsidies? At what point does the sport become too reliant...

Thoroughbred Owners of California (TOC) named seven new directors Wednesday afternoon, according to a letter to TOC membership from TOC President and CEO Bill Nader. Nominations for the ballot closed Mar. 1 with seven qualified candidates for seven open positions, giving each one the position without the need of an election and saving the organization approximately $18,000 in election expenses. The new board, which will be seated July 1, follows: Gary Barber, three-year term: Chairman and CEO of Spyglass Media Group, LLC, TOBA's National Owner of the Year (twice), and...

HONG KONG, CHINA -- There is likely never a bad time for a horse racing fan to visit Hong Kong, which conducts racing twice a week alternating between a pair of breathtakingly beautiful racetracks, but the action is extra special this week. It kicked off Wednesday night with the Longines International Jockeys' Championship at Happy Valley--a racetrack which fairly glitters against a backdrop of skyscrapers--and will conclude Sunday with four Group 1 races comprising the Longines Hong Kong International Races at Sha Tin. Even before the jockey championship--which pitted 12...

Horses that win a California-bred first-level allowance race will enjoy expanded opportunities beginning with the Dec. 26 opening of the Classic Meet at Santa Anita, the track announced Friday. The Thoroughbred Owners of California (TOC), in collaboration with Santa Anita, Del Mar, Los Alamitos and the California Thoroughbred Breeders Association (CTBA), have reached an agreement to broaden the available options to include two wins over the same surface in Cal-bred first conditioned allowance races. Under the existing policy, Cal-breds are entitled to two wins in the first level allowance if...

Effective this weekend, 1/ST RACING will discontinue selling the simulcast signal from Gulfstream Park and Santa Anita Park to Hipódromo Camarero in Puerto Rico to address increasing concerns regarding horse welfare and safety at that racetrack, it was announced Thursday evening. This announcement comes in agreement with the horsemen's groups in Florida and California after other measures in recent years have failed to substantially bolster the care for racehorses in Puerto Rico, particularly when horses are no longer racing. "Exporting our signal to Hipódromo Camarero represents millions of dollars of...

The California Horse Racing Board (CHRB) on Thursday voted down two separate proposals to allocate 2025 race dates to entities at Ferndale and Fresno that wanted to keep Thoroughbred racing going on the now-nonexistent Northern California circuit. The 4-3 votes on each measure dashed what appeared to be the last remaining hopes for a 2025 resuscitation of the sport in a region of the state that as recently as two summers ago boasted a year-round rotation of racing anchored by one commercial track and five fair venues. The June 19...

The six-month Winter/Spring meeting at Santa Anita Park in Arcadia, California, closed Sunday, June 15, with 'encouraging' gains in handle, field size and on-track attendance, according to a release from the track. With over 6,800 horses having raced during the meet and more than 375,000 training sessions on the main and synthetic tracks having taken place, track officials report a safety mark of 99.98%, cementing its status as the safest track in North America among those with a comparable volume of racing and training. "This year was a transitional one...

Summer race-date allocations for meets at both Pleasanton and Ferndale failed to advance at Thursday's California Horse Racing Board (CHRB) meeting. The former request got voted down and the latter failed to garner enough votes to be decided either way, jeopardizing the prospect of any fairs-style racing in the state for 2025. The commissioners who voted and stakeholders who testified were split on the best path forward for California racing as a whole, widening an existential Northern-vs.-Southern rift that opened nearly two years ago when The Stronach Group (TSG) announced...

Amid the embattled economics of horse racing, more and more attention has been placed upon Computer Assisted Wagering (CAW) players. One such focus has surrounded whether these behemoths of the betting pools are contributing their fair share back to the sport. That's the case certainly in California. Last year, the California Horse Racing Board (CHRB) became the first regulator of a major racing jurisdiction to really dig down into the issue during a public hearing--one that later led to a published Q&A. The scrutiny that California has received hasn't always...

The Alameda County Agricultural Fair Association voted Tuesday evening to pursue a race meet this summer, according to several sources. This is in contrast to a January vote by the California Association of Racing Fairs (CARF) to not apply for race dates in 2025. Tuesday's closed session vote launches a flurry of key details and obligations to be nailed down before a race-meet can go ahead at the track, all within a relatively short amount of time. This includes a response to the facility's long-standing regulatory wastewater and stormwater discharge...

Politicians and key industry figures are pushing for Pleasanton racetrack to extend stabling and training at the facility beyond the current March 25 deadline and to potentially hold a race-meet there this summer, a vote on which could be held during Alameda County Agricultural Fair Association board meeting Tuesday. While in some quarters, hopes are high that a vote will go ahead and the extension granted, such an effort is far from a slam dunk. Alameda County Fairgrounds management argues that any extension would be made difficult because of long-standing...