Josh Rubenstein

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...

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Del Mar to Trim Fall Meet Purses in 3-11% Range

Purses at Del Mar Thoroughbred Club are getting a haircut for the 13-date fall meet that spans Nov. 10-Dec. 3. Del Mar executives speaking about the meet at Thursday's California Horse Racing Board (CHRB) meeting did not initially mention the purse cuts when making their standard presentation for licensure, which the CHRB unanimously granted. But Del Mar's president, Josh Rubinstein, detailed the reductions when directly queried about the state of purses by CHRB vice chair Oscar Gonzales. "We have reduced purses slightly for this fall meet," Rubinstein said. "[We're] coming...

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Del Mar Cancels Sunday Racing In Advance of Hurricane

With Hurricane Hilary approaching from the south over the next 24-48 hours, officials at the Del Mar Thoroughbred Club announced early Saturday morning that the live racing program scheduled for Sunday would be canceled. "For the safety of everyone involved--our horses, our riders and all the workers, staff and fans--we have made the decision to cancel Sunday's races," DMTC President and COO Josh Rubinstein said Saturday morning. "Unfortunately, the forecast calls for substantial rain and winds that appear to be headed our way. We are hopeful this will only be...

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TIF Issues Alarming Report on Computer Assisted Wagering in CA

Nine of the 11 largest betting pools have shown declines from all customers except computer-assisted wagering groups over the past four years, while the handle of the largest CAW groups grew dramatically, according to an extensive study of data released Monday by the Thoroughbred Idea Foundation (TIF). "The Thoroughbred Idea Foundation's analysis of data from Del Mar between 2018 and 2022 showed on an inflation-adjusted basis, per-race (or per-opportunity basis for certain bet types) CAW betting, from what is believed to be 17 accounts, has grown tremendously in the last...

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CHPC To Fund Economic Breakout Report

The California Horse Power Coalition (CHPC), a growing partnership of Thoroughbred associations, will commit to fund the California breakout report as part of the American Horse Council's California Economic Impact Study, the organization said in a release Thursday. "The American Horse Council consistently produces the most comprehensive national economic impact studies that showcase the vast benefits that the equine industry brings to communities across the country," said Josh Rubinstein, President of Del Mar Thoroughbred Club, an American Horse Council member. "As our industry continues to evolve, we are confident that...

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Breeders' Cup Returning to Del Mar In 2024

The 41st renewal of the Breeders' Cup World Championships will be held at the Del Mar Thoroughbred Club Nov. 1 and 2, 2024, officials at the organization announced Thursday. It will be the third time the seaside oval has played host to the event. "We are delighted to announce that the World Championships will be returning to Del Mar next year for what is sure to be an unforgettable two-year-run on the West Coast," said Drew Fleming, Breeders' Cup President and CEO. This year's Breeders' Cup races take place at...

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Equine Fatality Rate Lowest Since Record Keeping Began

According to the Equine Injury Database, released Monday, there were 1.41 fatalities per 1,000 starters at North American racetracks in 2020, the lowest number recorded since The Jockey Club began compiling injury rates in 2009. The number of fatal injuries declined by 7.8% from 2019 and 29.5% overall since 2009, when the rate was 2.0 per 1,000 starters. "Overall, there was an 8% decrease in the risk of fatal injury from 2019 to 2020," said Dr. Tim Parkin, a veterinary epidemiologist. "Since 2009, risk has declined by 29.5% or equivalent...

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Del Mar Adjusts Some Starting Gate, Turf Rail Positions After Surveying Turf Course

With the objective of improving the accuracy of tracking and timing data, officials at Del Mar have re-surveyed the track's turf course with a GPS system that will be in use beginning with the start of the Bing Crosby Meet Oct. 31. In August, the track acknowledged a rash of timing inconsistencies and reported that turf races would be hand timed over the last two weeks of the summer meeting. In conjunction with Equibase and its timing partner Gmax, Del Mar has re-surveyed its seven-furlong turf oval for the different...

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After Gmax Tweaks, Del Mar Expects 'No Problems With Turf Timing'

Del Mar Thoroughbred Club (DMTC) president Josh Rubinstein told the California Horse Racing Board (CHRB) Sept. 24 that he expects the track will no longer have to rely on hand-timing turf races at its upcoming fall meet because its inaccurate Equibase Gmax GPS timing system has since been tweaked to fix problems that produced numerous wrong clockings throughout the summer season. TDN reported back on Aug. 18 that some dirt and turf final times at Del Mar were mis-clocked anywhere between .07 seconds and 1.19 seconds by the industry's official...

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Anatomy of California Response to Pandemic

When Victor Espinoza rolled through the gates of Los Alamitos racecourse on the afternoon of Saturday, July 4, he did so anticipating a quick in-and-out with few disruptions. The Triple Crown-winning jockey had two mounts, in the eighth and ninth races, neither of them hot fancies. Approaching the jocks' room, however, Espinoza paused. "There wasn't enough room for all of us," said Espinoza of the room's quarters, which had been split between Quarter Horse and Thoroughbred riders. "We were stacked in there like sardines." Events from that afternoon have played...

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Q&A With Josh Rubinstein

With Del Mar's annual summer meet looming large on the horizon, news out of the track has arrived thick and fast this week. On Thursday, Del Mar announced that it plans to begin racing a week earlier than scheduled on July 10--pending approval from the California Horse Racing Board--and that the predominantly three-day race weeks will end with a four-day race week on Labor Day, Sept. 7. On Friday, the track announced its $5.5-million stakes schedule, which this year includes a GI Kentucky Derby stepping-stone in the shape of the...

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Live Race Dates, Workers' Comp, Day Rates Discussed in TOC Conference Call

The longer live racing is suspended in California the deeper the economic toll, which is why the industry continues to push hard for that suspension to be lifted: that was the main takeaway from a broad-sweeping conference call Friday morning, organized by the Thoroughbred Owners of California (TOC), for industry heads to outline and discuss the impacts from the coronavirus pandemic on racing and training in California. The call was presided over by TOC Chairman Nick Alexander, Greg Avioli, TOC president and CEO, The Stronach Group (TSG) CEO Craig Fravel,...

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