gambling

Why We Are Where We Are, Part I: How We Got Here

My first trip to a Thoroughbred racetrack came in the summer of 1961 at Ellis Park. At the time, I was 16, closing in on 17, and Kelso was four, closing in on the second of five consecutive Horse of the Year titles. Kelso never raced anywhere near Ellis, but his enduring class was such that he ranked among the sporting world's most recognizable heroes of the day. The New York Yankees' pinstriped pair of Roger Maris and Mickey Mantle, in their pursuit of Babe Ruth's single-season home run record,...

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Handicapping the Kentucky Derby Preps: Louisiana Derby & Jeff Ruby Steaks

TDN's Senior Racing Editor Steve Sherack provides analysis for Saturday's pair of GI Kentucky Derby preps--the GII TwinSpires.com Louisiana Derby and GIII Jeff Ruby Steaks. GII TwinSpires.com Louisiana Derby - After being offered in a pair of maiden claimers at two, #9 Instant Replay (Maximum Security) really elevated his game for Brad Cox in his 3-year-old debut, closing impressively (albeit into a hot pace) from last of six to win with authority (came home in :31) by five lengths in an optional claimer at Fair Grounds Feb. 17. He should...

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FanDuel TV Launches “The Comeback With Craig Carton”

FanDuel TV has launched "The Comeback With Craig Carton," a new show focused on problem gambling recovery hosted by FanDuel's responsible gaming ambassador and FS1's "Breakfast Ball" Craig Carton. Carton sits down with those who have experienced the highs and lows of gambling addiction to amplify their stories, break down the stigma surrounding gambling disorder, raise awareness of support resources for individuals and their families, and show that recovery is possible. "As someone who has personally navigated the challenges of gambling addiction, I understand the impact it can have on...

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Readers Respond to Negative Racing Coverage in the New York Times

After running a lengthy March 2 opinion piece by Noah Shachtman that questioned why so much money from slot machines, casinos and other subsidies was being to paid to what Shachtman describes as a dying industry in horse racing, the New York Times let its readers have their say. Saturday's edition included five letters to the editor, all from people reacting to a piece entitled "Dead Athletes. Empty Stands. Why Are We Paying Billions to Keep This Sport Alive?" Five letters were published, including one from NTRA CEO Tom Rooney...

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Letter To The Editor: The Truth In The New York Times Article

I am writing this letter in response to the article on the New York Times opinion piece, "In a Lengthy Guest Essay, the New York Times Advocates Ending Subsidies to Racing," published in the March 1 edition of the TDN. The Times article has caused me and our industry pain from the untruths that are spoken within it. But I'm going to take a slightly different view here--let's see what is true in the article and what we need to do about it as an industry. Light Up Racing is...

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NTRA To Present 'Winner's Circle' Documentary Diving Into The World Of Championship Horse Gambling

Duality Sports & Entertainment, in collaboration with the National Thoroughbred Racing Association (NTRA), will present Winner's Circle, a short documentary offering an exclusive look into the high-stakes world of professional horse race betting at the 2024 National Horseplayers Championship (NHC). The film debuts March 6, 2025, on Duality's YouTube channel, with exclusive insights and behind-the-scenes content available on NTRA.com. Each year, thousands of bettors put their skills, strategy, and bankroll to the test in qualifiers across the country, competing for a coveted spot at Caesars Horseshoe Casino in Las Vegas....

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Why Racing Is Losing One Of Its Best Customers

Mike Maloney had it good and he knew it. The author of "Betting With an Edge," the native Kentuckian played the races professionally and was able to make a good living doing so for nearly half a century. There was no trick to it. He bet a lot of money, as much as $14 million in one year, worked hard and had an innate ability to find the right horse at the right time at the right price. "When it comes to betting horses, I am closing in on 50...

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Selections for Breeders' Cup Saturday at Del Mar

Who do you like? TDN's Senior Racing Editor Steve Sherack makes his picks for Breeders' Cup Saturday at Del Mar. Race 4: GI Breeders' Cup Filly & Mare Sprint--#10 Scylla (10-1) Scylla ran a very good second going two turns in Del Mar's GI Clement L. Hirsch, then returned to Bill Mott's Saratoga base and cut back to this distance with another solid second-place finish in the GI Ballerina just three weeks later. She's been freshened since, is drawn nicely on the outside and is more than capable of running...

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Computer Assisted Wagering: Different Worlds, Different Fixes

Calling extreme odds changes the "Achilles heel of pari-mutuel wagering," Michael Fitzsimons, the Hong Kong Jockey Club's executive director of racing products, recently sold the audience at the Asian Racing Conference on a plan to standardize global access to the World Pool by sophisticated computer teams. "For the first time, we are proposing this year to work on the World Pool professional hubs, where we come together with operators to agree to the rules and through our smart contracts technology, we will enforce these rules no matter where the professional...

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Record Spring Meet Wagering At Churchill Downs

The 150th Spring Meet at Churchill Downs concluded Sunday with a record $708.3 million wagered over the 43-day meet. That broke the 2022 Spring Meet record of $614.8 million by $93.5 million. Just 10 years ago, the Spring Meet betting totaled $368.8 million. All sources handle during the six-day Derby Week (April 27-May 4) rose to $446.6 million--including $320.5 million on Kentucky Derby Day--to eclipse last year's Derby Week record of $412.0 million. The wagering increases continued throughout the final 37 days of the Spring Meet (May 9-June 30) as...

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Finger Lakes Jock Navarro Penalized For Alleged Betting Violations In 2023

Finger Lakes-based jockey Christian J. Navarro has been suspended 30 days and fined $1,000 for alleged violations of a New York State Gaming Commission (NYSGC) rule that prohibits jockeys from betting on races unless they wager "through the owner of and on the horse that such jockey rides." Beyond stating that Navarro's alleged offenses occurred Nov. 22, 2023, (the closing date of last year's Finger Lakes season) details were scant on the NYSGC's online rulings portal. TDN sent a Monday afternoon email to Brad Maione, the NYSGC's communications director, asking...

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Handicapping the Kentucky Derby Preps: Blue Grass, Santa Anita Derby & Wood Memorial

TDN's Senior Racing Editor Steve Sherack provides analysis for Saturday's trio of GI Kentucky Derby prep races. GI Toyota Blue Grass S. - In a race billed as a showdown between the re-opposing GII Remsen S. one-two Dornoch (Good Magic) and Sierra Leone (Gun Runner), don't look past likely third choice Just a Touch (Justify). The highly regarded bay ran to the hype with a powerful debut score for trainer Brad Cox over the promising $1.7-million KEESEP graduate Gun Party (Curlin) (he returned with another very good second-place finish Mar....

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